Target says it won't pursue Pershing Square deal
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AP
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Fri 6:56 pm ET
Target Corp. said late Friday it will not implement a major shareholder's proposal to create a real estate investment trust, saying the potential value it would create is "highly speculative."
Wal-Mart's Scott retiring as CEO, Duke to succeed
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Reuters
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Fri 3:41 pm ET
Wal-Mart Stores Inc , which is gaining market share amid a global economic downturn, said Lee Scott will retire as chief executive early next year and will be succeeded by Mike Duke, who heads its international operations.
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