News Breaks |
|
|
| March 4, 2013 |
| 06:35 EDT |  | GPS | Gap initiated with an Underperform at Sterne Agee
Target $29. |
|
|
News For GPS From The Last 14 Days Check below for free stories on GPS the last two weeks. |
|
|
| May 24, 2013 |
| 10:06 EDT |  | GPS | Gap trades lower after results, levels to watch
 Subscribe for More Information |
|
| 07:49 EDT |  | GPS | Gap remains a top pick following Q1 results at Jefferies
Subscribe for More Information |
|
| May 23, 2013 |
| 18:54 EDT |  | GPS | On 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 EDT | | GPS | Gap sees Q4 results negatively impacted from foreign currency headwinds
Subscribe for More Information |
|
| 16:07 EDT | | GPS | Gap 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 EDT | | GPS | Gap 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 EDT |  | GPS | Gap reaffirms FY13 EPS view $2.52-$2.60, consensus $2.73
Subscribe for More Information |
|
| 16:00 EDT | | GPS | Gap reports Q1 EPS 71c, consensus 69c
Subscribe for More Information |
|
| 15:52 EDT |  | GPS | Gap May 41 weekly straddle priced for 3.1% movement into Q1
|
|
| 15:24 EDT | | GPS | Notable companies reporting after market close
Subscribe for More Information |
| |
| May 22, 2013 |
| 19:29 EDT |  | GPS | Gap shares may be overheated, WSJ says
Subscribe for More Information |
|
| May 21, 2013 |
| 14:50 EDT | | GPS | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link |
|
| 07:29 EDT | | GPS | Gap May volatility elevated, shares at 13-year high into Q1 and outlook
Gap May weekly call option implied volatility is at 56, June is at 31, July and September is at 28; compared to it 26-week average of 33 according to Track Data, suggesting larger near price movement into the expected release of Q1 results on May 23. |
|
| 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. |
|
| 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. |
|
| 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. |
|
| May 12, 2013 |
| 15:50 EDT | | GPS | S&P raises Gap ratings to 'BBB-' from 'BB+'
Subscribe for More Information |
|
|
|
|
|
