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Target's net income down by 16% in Q1 2014

Target Corporation (NYSE:TGT), the operator of Target stores, on Wednesday reported net earnings of USD418m, or USD0.66 per diluted share, for the first quarter of fiscal 2014, ended 3 May 2014.

This was a 16% decrease over net earnings of USD498m, or a 14.5% decrease over diluted EPS of...  

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