Target also reiterated fiscal-year guidance. It continues to expect a low-single digit decline in sales, while adjusted earnings per share will range from $7 to $9. Consensus estimates call for a roughly 1.5% drop in sales and adjusted earnings of $7.28 a share.

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Hertz and Amazon’s used-car partnership touts convenience, which strikes at the heart of Carvana’s business model.

U.S. stock futures were trading lower early Wednesday as traders awaited earnings reports from America’s big-box retailers and the release of