Long term shareholders of Target have been well served. Right now, you're seeing the stock at a P of about 27,. Earnings are supposed to pick up next year and the year after. So there's still a lot of confidence. We also got the monthly retail sales data for April and it was up almost half a percent.
What happens when a short-seller collides with an activist investor?
(00:21) Bill Barker discusses: - Target's 1st-quarter results beating expectations - CEO Brian Cornell's comments about organized (and violent) retail theft - Retail sales rising in April
(11:15) Dylan Lewis and Bill Mann discuss Hindenburg Research's report on Icahn Enterprises, raising questions about the conglomerate's accounting practices and its dividend.
Companies discussed: TGT, HD, IEP
Host: Chris Hill Guests: Bill Barker, Dylan Lewis, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd
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