Minneapolis-based Target Corporation has joined a growing list of more than two dozen retailers who object the propposed multi-billion dollar deal to settle a seven-year class-action lawsuit, Twin Cities Business reports. More than 7 million merchants claim Visa, MasterCard and some of the nation's largest banks fixed the fees they charge to retailers on credit card transactions. A Minneapolis-based law firm filed the case in 2005 and announced the agreement earlier this month. The class-action settlement still requires a judge's approval.

Toronto-based TD Bank Group will acquire Target's consumer credit card portfolio for nearly $6 billion, according to a company news release. The Minneapolis-based retail giant has also entered into a seven-year agreement under which TD Bank will underwrite, fund and own future Target Credit Card and Target Visa receivables in the U.S.

Amazon is taking its cue from Target by upping cash back rewards for its credit card holders.

The Minneapolis-based discount chain says it has increased its quarterly dividend to 36 cents. The dividend will be paid on September 10 to shareholders of record as of August 15. Target has reportedly paid a dividend every quarter since going public in 1967.

The Minneapolis-based discount giant has not taken a stance on the controversial amendment to ban same-sex marriage in Minnesota, but Target stores are now selling greeting cards honoring gay couples. The cards feature phrases like "Mr. & Mr." and "Two very special women, one very special love."

The retailer is pulling a Valentine's Day card after a rash of complaints. Some upset customers call it "sinister and ugly" and say it makes light of a terrifying problem.