Target (TGT) is out with its December credit card data. Net charge-offs climbed to 12.28% from...

|About: Target Corporation (TGT)|By:, SA News Editor

Target (TGT) is out with its December credit card data. Net charge-offs climbed to 12.28% from November's 11%. Delinquencies and losses $782.9M vs. $752.6M. JPMorgan (JPM) bought 47% of TGT's credit card business in May for $3.5B. TGT -0.55%. JPM +8.6%.