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Stock Market & Financial Investment News

News Breaks
January 8, 2013
13:36 EDTGPSGymboree names former Gap executive Breitbard as CEO
The Gymboree Corporation announced the appointment of Mark Breitbard as the company's new CEO, effective January 14. Gymboree said Breitbard will join the company from Gap (GPS), where he most recently served as President of Gap North America.
News For GPS From The Last 14 Days
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November 21, 2014
06:24 EDTGPSGap says Jeff Kirwan to become global president for Gap brand in December
Gap yesterday announced the promotion of two current executives, with 35 years of combined company experience between them, to become global brand presidents for Gap and Banana Republic. The moves were orchestrated by Art Peck as he prepares to take on the role of CEO of Gap Inc. in February, with the full support of current chairman and CEO Glenn Murphy. Jeff Kirwan, who has reported to Murphy for the past three years as president of greater China for Gap Inc., will become Global President for Gap brand in December following a brief transition period. Kirwan succeeds Stephen Sunnucks, who will leave the company on December 19, after steering the growth of its namesake brand to almost 50 countries over the past decade. Andi Owen, 49, who currently leads the Gap Outlet division, will become Global President for Banana Republic, effective January 5. She succeeds Jack Calhoun, who will depart from the company on February 1 after working with Owen during the transition.
November 20, 2014
18:21 EDTGPSOn The Fly: After Hours Movers
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16:06 EDTGPSGap down 3% after lowering FY14 EPS guidance
16:05 EDTGPSGap now sees FY14 operating margin to be about 12.5%
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16:03 EDTGPSGap lowers FY14 EPS view to $2.73-$2.78, consensus $2.82
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16:01 EDTGPSGap reports Q3 EPS with benefit 80c, consensus 79c
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15:51 EDTGPSGap technical remarks before results
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15:28 EDTGPSNotable companies reporting after market close
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November 10, 2014
15:57 EDTGPSWorldwide Business Research to hold a conference
ProcureCon for Digital & Marketing Services 2014 is being held in San Antonio on November 11-13.
07:22 EDTGPSU.S. Retail Softlines sector downgraded to Negative at Barclays
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05:48 EDTGPSU.S. Retail Softlines industry cut to Negative at Barclays
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November 7, 2014
09:16 EDTGPSOn The Fly: Pre-market Movers
HIGHER: Sears (SHLD), up 22.5% after reporting Q3 same-store sales were flat with prior year, saying company is actively exploring a REIT transaction involving 200-300 owned properties through a rights offering... Gap (GPS), up 2.9% after reporting October same-store sales fell 3%, giving Q3 EPS guidance that beat estimates... Zynga (ZNGA), up 9%, upgraded at Needham following the company's Q3 earnings report... King Digital (KING), up 8.6% after Q3 results top expectations, company announces $150M share repurchase program... ChannelAdvisor (ECOM), up 30% after earnings, guidance, announcing acquisition of U.K. based E-Tale Holdings... Rockwell Medical (RMTI), up 25% after FDA committee recommends Triferic to treat iron loss in certain patients with chronic kidney disease... Repros Therapeutics (RPRX), up 23% following meeting with FDA regarding Androxal NDA filing. LOWER: Salix (SLXP), down 35%, downgraded at Mizuho, Stifel and William Blair after the company reported worse than expected Q3 earnings, gave lower than expected guidance and announced its CFO had resigned... Intercept (ICPT), down 19% after FLINT trial results published... CTI BioPharma (CTIC), down 20% after filing convertible preferred stock offering... Transocean (RIG), down 5% after delaying its Q3 earnings release and conference call, stating the company expects Q3 to include a non-cash charge of $1.97B for impairment of goodwill... General Mills (GIS), down 4% after lowering FY15 outlook. DOWN AFTER EARNINGS: Abercrombie & Fitch (ANF), down 12.6%... Ubiquiti Networks (UBNT), down 17%... Arista Networks (ANET), down 10.5%... First Solar (FSLR), down 6%... Magnum Hunter (MHR), down 2%.

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