Target posts higher first-quarter profit

Target Corp posted a higher profit on Wednesday as warm weather and an early Easter helped boost sales at the beginning of the quarter and it raised its expectations for the year. The discount chain expects economic uncertainty to continue for the rest of 2012, Chairman and Chief Executive Gregg Steinhafel said in a statement. Target earned $697 million, or $1.04 per share, in the first quarter that ended in April, up from $689 million, or 99 cents per share, a year earlier. Target is

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