Target Corporation (NYSE:TGT) posted a lower-than-expected earnings performance for the first quarter of fiscal 2013. The company said that soft sales and weather related categories affected its results.
The company reported an income of $498 million or $0.77 per share for the first quarter.
During the same period last year, Target Corporation reported a profit of $697 million or $1.04 earnings per share. - More
Saying he had difficulty sleeping and contemplated withdrawing from this week's European Tour event, Sergio Garcia on Wednesday afternoon apologized for racially insensitive remarks directed at Tiger Woods at a tour function outside London the previous night, saying his comments were "totally stupid and out of place." - More
Serena Williams won her fourth consecutive title of the year in dominating fashion Sunday, beating Victoria Azarenka 6-1, 6-3 in the Italian Open women's final, while Rafael Nadal beat rival Roger Federer by the identical score to win the men's crown and his seventh career championship at the event.
Williams will enter the French Open, which starts next Sunday, on a career-best 24-match winning streak. - More