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Friday, January 13, 2012

Takeover Digest - New York Times - Jan 13, (NYSE: TGT)

The New York Times reported the following stories on its business pages on Friday. Reuters has not verified these stories and does not vouch for their accuracy. * Target Corp said on Thursday that it planned to test Apple centers at 25 of its retail locations this year.A Target spokeswoman, Dustee Jenkins, described the tests as "expanded displays" of Apple products, but declined to say how the merchandise would be arranged or whether there would be Apple Store-like displays to showcase it.

Target Corporation (Target) operates Target general merchandise stores with an assortment of general merchandise and food assortment. Shares of TGT traded higher by 1.59% or $0.78/share to $49.81. In the past year, the shares have traded as low as $45.28 and as high as $56.44. On average, 6129490 shares of TGT exchange hands on a given day and today's volume is recorded at 7093658.



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