News Breaks |
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| February 19, 2013 |
| 06:30 EDT |  | S, GPS | Stocks with implied volatility movement; S GPS
Stocks with implied volatility movement; Sprint (S), Gap (GPS) according to iVolatility. |
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News For S;GPS From The Last 14 Days Check below for free stories on S;GPS the last two weeks. |
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| May 23, 2013 |
| 19:45 EDT |  | S | Crest reiterates opposition to Sprint-Clearwire merger
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| 19:37 EDT |  | S | DISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link |
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| 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. |
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| 18:13 EDT | | S | Dish responds to Softbank claims in attempt to take control of Sprint
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| 17:30 EDT | | GPS | Gap sees Q4 results negatively impacted from foreign currency headwinds
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| 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%. |
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| 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. |
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| 16:02 EDT |  | GPS | Gap reaffirms FY13 EPS view $2.52-$2.60, consensus $2.73
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| 16:00 EDT | | GPS | Gap reports Q1 EPS 71c, consensus 69c
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| 15:52 EDT | | GPS | Gap May 41 weekly straddle priced for 3.1% movement into Q1
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| 15:29 EDT | | S | Sprint, Softbank say all necessary state regulatory approvals received
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| 15:24 EDT | | GPS | Notable companies reporting after market close
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| 08:09 EDT | | S | DISH issues statement on SoftBank and CFIUS
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| 07:10 EDT | | S | SoftBank would allow U.S. influence over Sprint operations, WSJ reports
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| 06:08 EDT | | S | On the Fly: Periodicals Wrap-Up
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| May 22, 2013 |
| 19:29 EDT | | GPS | Gap shares may be overheated, WSJ says
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| 15:43 EDT | | S | Clearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low. |
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| 14:06 EDT | | S | Google’s X Phone confirmed for Sprint, BGR says
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| 09:09 EDT | | S | Clearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals. |
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| 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 |
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