FINANCE

Cato announces new NYSE ticker symbol

BY CSA STAFF

Charlotte, N.C. The Cato Corp. announced it will change its ticker symbol on the New York Stock Exchange from “CTR” to “CATO,” effective at the start of trading on Oct. 16.

The change of the ticker symbol is a process managed by the New York Stock Exchange such that trading of the stock is unaffected.

“Our merchandise carries the Cato label and changing our ticker symbol to CATO further strengthens our brand,” said John Cato, chairman, president and CEO. “The new symbol also helps shareholders better identify our stock and our company.”

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Staples working to protect the forests

BY CSA STAFF

Staples and Dogwood Alliance are teaming up with other conservation groups, wood products companies and landowners to announce a new project that will protect forests, combat climate change and help develop sources of paper and wood products certified to the high standards of the Forest Stewardship Council, FSC.

The Carbon Canopy is focused on forests in the Southern U.S., the largest paper and wood-producing region in the world where 90% of the forests are privately owned. The Carbon Canopy’s goal is to create financial incentives for landowners to increase forest conservation and restoration efforts and to certify management practices to the high standards of FSC.

Carbon Canopy partners include: Staples, Dogwood Alliance, Columbia Forest Products, Pacific Forest Trust, FSC US, Rainforest Alliance, Green Press Initiative, Domtar, The Home Depot, Environmental Defense, Interface, The Forestland Group and The Keystone Center.

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Target’s dropping the prices on hot toys

BY CSA STAFF

MINNEAPOLIS , Minn. Target is cutting prices on top toys this holiday season.

As of Oct. 1 through the holiday season, a selection of toys will be discounted up to 50%.  Some of these discounted items include Barbie Fashion Doll, GI Joe Tough Troopers Figure and the Fisher-Price Little People Play ‘N Go Farm Set 50th Anniversary edition.  The full assortment of discounted toys can be found online at Target.com/weeklyad.

If Target does not offer the lowest price, Target stores nationwide will match locally advertised prices from other reatilers on identical single items.

For more information on Target and Target’s Low Price Promise, visit Target.com.

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