News Column

Target Heads Higher Despite Security Breach; ChinaNet Online Holdings Doubles in Trading Price

February 26, 2014



Category: Baystreet Newswire

Company: Stock Publisher

ID: 412372

Date: Thursday, February 27, 2014

Ticker: NYSE:TGT

Target Corp. (NYSE: TGT) – For an in-depth report on Target Corp. follow: www.BullTrends.com/stockquote/TGT

Shares of Target Corp. closed up 7.04% on about 24 million shares traded. The stock was one of the most active stocks on the NYSE. The company reported that its profit in the fourth quarter fell 46 percent on a revenue decline of 5.3 percent as the security breach scared off customers worried about the security of their private data. Revenue at stores open at least a year also fell 2.5 percent. The stock had fallen 11 percent since it disclosed the breach in mid-December.

Discovery Minerals Ltd. (OTC: DSCR) - For an in-depth report on Discovery Minerals Ltd. follow: www.BullTrends.com/stockquote/DSCR

Shares of Discovery Minerals closed up 220% on Wednesday making it one of the biggest percentage advancers in the OTC market. The stock traded a little over 1 billion shares after the company released a shareholder update. The company provided information on recent events involving its wholly owned subsidiary, Deer Park Development Corp, a real estate holding company. After careful analysis, management of Deer Park is vigorously looking to secure low cost agricultural land for the production and cultivation and processing of Industrial Hemp and also Cannabis that can be used for medicinal purposes

Cannabis Sativa, Inc. (OTCBB: CBDS) – For an in-depth report on Cannabis Sativa, Inc. follow: www.BullTrends.com/stockquote/CBDS

Cannabis Sativa Inc. closed up 45.49% on Wednesday making the stock one of the biggest gainers in the OTCBB marketplace. The company didn’t release any significant news to explain the sudden breakout in trading price. In January the company announced that it had signed an agreement to purchase a patent pending for a new, super potent medicinal cannabis strain. The agreement also provides CBDS with an option to purchase KUSH, Inc., the owner of the patent pending, for an additional $1 million. The strain, called CTA, has been under review by the US Patent Office since April 30, 2010, and is expected to be issued a patent soon.

ChinaNet Online Holdings, Inc. (NASDAQ: CNET) - For an in-depth report on ChinaNet Online Holdings, Inc. follow: www.BullTrends.com/stockquote/CNET

Shares of CNET more than doubled on Wednesday closing up about 106%. The stock even hit a new 52-week high of $2.75 during intra-day trading after the company announced that the China Center for Promotion of SME Development and China International Cooperation Association of Small and Medium Enterprises have nominated the company as a candidate for the "2013 Preferred Service Provider for China Small and Medium-sized Enterprises" award. "We are proud to be selected as one of the premier service provider to SMEs," said CEO George Chu in the company's statement.


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Source: ACCESSWIRE (Canada)


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