News Breaks |
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| January 8, 2013 |
| 13:36 EDT |  | GPS | Gymboree 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. |
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News For GPS From The Last 14 Days Check below for free stories on GPS the last two weeks. |
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| May 15, 2013 |
| 10:13 EDT |  | GPS | On The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Aeropostale (ARO) upgraded to Outperform from Market Perform at BMO Capital... Gap (GPS) upgraded to Buy from Neutral at Citigroup... PS Business Parks (PSB) upgraded to Market Perform from Underperform at BMO Capital... Redwood Trust (RWT) upgraded to Outperform from Market Perform at FBR Capital... Regal-Beloit (RBC) upgraded to Outperform from Neutral at Credit Suisse... Unilever (UN) upgraded to Buy from Reduce at Nomura... Prudential (PRU) upgraded to Buy from Hold at Argus... Inergy, L.P. (NRGY) upgraded to Overweight from Neutral at JPMorgan... Noble Energy (NBL) upgraded to Buy from Hold at Stifel... Halcon Resources (HK) upgraded to Buy from Hold at Stifel. |
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| 07:45 EDT |  | GPS | Gap expectations are now too high, says Lazard Capital
Lazard Capital estimates the calendar shift in Q1 added to Gap $150M in revenue and 8c-10c, which it believes is not understood by most investors and analysts. The firm still likes the stock longer term and keeps a Buy rating on Gap, but says expectations are now too high since Q4 consensus estimates did not come down to reflect the calendar shift. Note shares of Gap were upgraded this morning at Citigroup. |
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| 05:44 EDT | | GPS | Gap upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Gap citing improved merchandise, inventory control and expectations for continued comp store sales consistency. Citi raised its price target for shares to $48 from $40. |
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| May 12, 2013 |
| 15:50 EDT | | GPS | S&P raises Gap ratings to 'BBB-' from 'BB+'
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| May 10, 2013 |
| 10:01 EDT |  | GPS | Gap spikes higher after guidance, True Religion buyout
The company guided higher last night after the close, putting Q1 results at 68 cents to 69 cents per share versus expectations of 56 cents. At the current price of $41.07, next resistance is at $42.79. Support is at $40.13. The True Religion (TRLG) take-private deal from TowerBrook at $32 is lending a bid to other clothing retailers. |
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| 09:21 EDT | | GPS | On The Fly: Pre-market Movers
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| 08:46 EDT | | GPS | David’s Bridal names Gap executive Pamela Wallack as CEO
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| May 9, 2013 |
| 16:03 EDT | | GPS | Gap shares rally 6% to $41.50 after Q1 outlook tops estimates
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| 16:02 EDT |  | GPS | Gap sees Q1 EPS 68c-69c, consensus 56c
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| 16:02 EDT | | GPS | Gap reports Q1 revenue $3.73B, consensus $3.67B
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| 16:01 EDT | | GPS | Gap reports April SSS up 8%
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| May 8, 2013 |
| 07:44 EDT |  | GPS | BofA/Merrill's retail analysts hold an analyst/industry conference call
Specialty Retail Analyst Hutchinson provides an update on April monthly sales, earnings and industry trends on an Analyst/Industry conference call. Relevant covered companies BBBY, BBY, BJ, CHS, COH, COST, DG, DLTR, FDO, FL, GPS, KR, KSS, LOW, M, NDN, PLCE, SKS, SWY, TGT, TJX, WMT and ZLC may be included on the Analyst/Industry conference call to be held on May 9 at 1 pm. |
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| May 7, 2013 |
| 10:00 EDT | | GPS | On The Fly: Analyst Upgrade Summary
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| 06:05 EDT | | GPS | Gap upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Gap after transferring coverage of the stock with a $42-$44 price target range. Wells believes Gap's U.S. business is improving while its growth opportunities are underappreciated. |
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