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Stock Market & Financial Investment News

News Breaks
December 19, 2012
18:55 EDTFB, JWN, GPS, MFacebook testing 'Collections' feature with retailers, AllThingsD reports
Facebook (FB) is testing a feature called "Collections" with retailers, including Nordstrom (JWN), Old Navy (GPS), and Macy's (M), that allows users to "like, want and add" pictures of products to a favorite list similar to Pinterest, according to an AllThingsD report. Reference Link
News For FB;JWN;GPS;M From The Last 14 Days
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May 24, 2013
10:06 EDTGPSGap trades lower after results, levels to watch
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07:49 EDTGPSGap remains a top pick following Q1 results at Jefferies
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07:49 EDTFBRumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link
07:44 EDTFBFacebook delays release of HTC First phone in Europe, FT reports
Facebook delayed release of its customized Android phone in Europe, following negative customer feedback in the U.S., reports the Financial Times. The new HTC First was released in the U.S. last month.Reference Link
07:20 EDTFBFacebook may face bidding war with Google for Waze, Bloomberg says
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May 23, 2013
18:54 EDTGPSOn The Fly: After Hours Movers
UP AFTER EARNINGS: Pandora (P), up 9%... Infoblox (BLOX) up 16.8%... Marvell (MRVL), up 7.3%. DOWN AFTER EARNINGS: Sears Holding (SHLD), down 11.6%... salesforce.com (CRM), down 6.2%... Gap (GPS), down 3.2%... Aeropostale (ARO), down 3.1%. ALSO LOWER: AVEO Pharmaceuticals (AVEO), down 12.9% after disclosing that its partner Astellas will not submit an EMA marketing application for tivozanib... Titan Machinery (TITN), down 12.4% after saying it sees first quarter earnings below consensus and the company cut its full-year earnings view.
17:30 EDTGPSGap sees Q4 results negatively impacted from foreign currency headwinds
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16:07 EDTGPSGap expects to open about 160 company owned stores in FY13
In FY13, the company expects to open about 160 company-operated stores, focused on Athleta, Gap China, Old Navy Japan, and global outlet stores. The company expects that it will close about 80 company-operated stores. The closures are weighted towards Gap North America, consistent with the company's previously stated strategy. Given its focus on growing through new channels and geographies, the company continues to expect square footage to increase about 1% in FY13. For FY13, the company continues to expect capital spending to be approximately $675M in support of its outlined strategies. The company continues to expect that operating margin for FY13 will be about 13%.
16:03 EDTGPSGap reports Q1 Gap Global SSS up 3% vs. up 2% last year
Reports Q1 Old Navy Global SSS up 3% versus up 4% last year; Banana Republic Global SSS flat versus up 5% last year.
16:02 EDTGPSGap reaffirms FY13 EPS view $2.52-$2.60, consensus $2.73
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16:00 EDTGPSGap reports Q1 EPS 71c, consensus 69c
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15:52 EDTGPSGap May 41 weekly straddle priced for 3.1% movement into Q1
15:24 EDTGPSNotable companies reporting after market close
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14:45 EDTMRetailers file new suit against card companies over swipe fees, Bloomberg says
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11:59 EDTMRetailers file suit against Visa, MasterCard over credit cards, Bloomberg says
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09:02 EDTFBFacebook slips lower, breaks $25 threshold
The stock is down 1.5% in the pre-market to $24.77, breaking the psychologically important $25 support level. This move puts the shares at 3-month lows. At current price, next support is at $23.88, the 6-month low. Resistance is at $25.65.
May 22, 2013
19:29 EDTGPSGap shares may be overheated, WSJ says
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14:27 EDTFBcomScore says Google Sites lead April U.S. online video rankings
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10:37 EDTFBPandora extends Facebook partnership with timeline App
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08:58 EDTFBFacebook management to meet with Deutsche Bank
Meeting to be held in New York on May 22 hosted by Deutsche Bank.
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