Target Pushing North Into Canada

Discount retailer Target (TGT) is planning a big push into Canada, according to comments made Tuesday by the company's chief financial officer. The news apparently cheered investors. Target's shares were up 85 cents, or 1.7%, at $50.11 in midday trading, an exception on a day when the Dow Jones Industrial Average was down more than 120 points on fears of Japan's ongoing nuclear crisis and earnings from Alcoa (AA: 16.69, -1.08, -6.08%) that disappointed. The comments by CFO Douglas Scovanner were first reported by Dow Jones Newswires. A call to Target for response was not immediately returned to FOXBusiness.com. Continue reading the article.