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Stock Market & Financial Investment News

News Breaks
March 1, 2014
15:30 EDTGPSGap plans to expand store count in China, WSJ says
U.S clothing retailer Gap plans to open 25 Gap stores and up to 10 Gap outlet stores in China in 2014, says the Wall Street Journal. In an interview, Jeff Kirwan, president of Gap's China division, said, "The opportunity in China is undeniable," added the Wall Street Journal. The Gap currently has 80 stores in the country. Reference Link
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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