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Target Shares Plummet on Earnings Miss, Comcast to Spin Off Cable Channels

The Rundown

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Target's Earnings Decline and Comcast's Strategic Spin-Off

This chapter reviews Target's troubling earnings report, revealing stagnant sales and a notable profit decline, which impacts its stock value. It also explores Comcast's strategic spin-off of cable channels amidst subscription losses and introduces Shake Shack as a new dining option for Delta Airlines first-class passengers.

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