Target Corp. CEO Gregg Steinhafel Resigns and Activision Beats Analysts' Expectations

Target Corp. (NYSE: TGT) President and CEO Gregg Steinhafel has resigned from the company and also stepped down as chairman of the board. The move came several months after the company sudffered one of the biggest data breaches where the retailer has still yet to recover. The company's board is looking for a new CEO from an outside firm to replace Steinhafel. Target Corporation operates general merchandise stores in the United States and Canada. It offers household essentials, including pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books,