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Stock Market & Financial Investment News

News Breaks
February 28, 2013
16:07 EDTGPSGap approves plan to raise yearly dividend
Gap announced that its Board of Directors has approved a plan to increase the company’s annual dividend per share by 20% from 50c in fiscal year 2012 to 60c in fiscal year 2013. The first quarterly dividend of 15c per share was declared for payment on or after May 1to shareholders of record at the close of business on April 10. Additional quarterly dividends are expected to be paid in July, October, and January.
News For GPS From The Last 14 Days
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September 18, 2014
10:57 EDTGPSU.S. ITC to investigate 17 denim jean companies for patent infringement
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September 17, 2014
10:00 EDTGPSOn The Fly: Analyst Initiation Summary
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September 16, 2014
16:29 EDTGPSGap assumed with a Neutral at Piper Jaffray
Price target raised to $46 from $43.
September 11, 2014
06:38 EDTGPSApple hires Gap's Marcela Aguilar for marketing role, Ad Age reports
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September 8, 2014
10:06 EDTGPSOn The Fly: Analyst Downgrade Summary
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09:18 EDTGPSGap downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merrill downgraded Gap to Underperform based on expectations it will miss full year guidance and consensus expectations. The firm said lower than expected August comps due not bode well for turnaround and lowered its full year EPS estimate to $2.85 from $2.96, vs. guidance of $2.95-$3.00.

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