Gap Global News Today

-- Consumer stocks were mixed Friday afternoon with the Consumer Staples Select Sector SPDR Fund declining 0.2% and the Consumer Discretionary Select Sector SPDR Fund rising 0.9%. In corporate...

-- Gap may have posted an encouraging fiscal third-quarter earnings beat, but its exposure to credit income and deteriorating sales at Athleta represent ongoing challenges for the clothing and...

ChancellorJeremy Hunt is expected to use his speech to Tory party conference to confirm an increase in the national living wage to at least £11 an hour from next April. The Conservatives said the move will benefit two million of the lowest paid, with Mr Hunt also expected to announce ministers will look again at the benefit sanctions regime in a bid to get the unemployed back into work. It comes as Rishi Sunak resisted calls from fellow Tories to commit to tax cuts in a pre-election givea...

The Gap, Inc. (NYSE:GPS – Get Rating) was the recipient of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 40,530,000 shares, an increase of 28.9% from the May 15th total of 31,450,000 shares. Based on an average daily trading volume, of 10,240,000 shares, […]

The Gap, Inc. (NYSE:GPS – Get Rating) was the recipient of a large increase in short interest in May. As of May 31st, there was short interest totalling 40,530,000 shares, an increase of 28.9% from the May 15th total of 31,450,000 shares. Based on an average daily trading volume, of 10,240,000 shares, the days-to-cover ratio […]

Shares of The Gap, Inc. (NYSE:GPS – Get Rating) have received an average recommendation of “Hold” from the seventeen brokerages that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and one has issued a buy recommendation on the company. The […]

GAP (NYSE:GPS – Get Rating) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from $10.00 to $11.00 in a report issued on Tuesday, The Fly reports. GPS has been the topic of a number of other research reports. StockNews.com started coverage on shares of GAP in a report on Thursday, May 18th. They set […]

GAP (NYSE:GPS – Get Rating) had its target price reduced by Barclays from $10.00 to $9.00 in a research note published on Tuesday morning, The Fly reports. GPS has been the topic of a number of other reports. The Goldman Sachs Group lowered their price target on GAP from $18.00 to $16.00 and set a […]

The Gap, Inc. (NYSE:GPS – Get Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 31,450,000 shares, an increase of 6.4% from the April 30th total of 29,560,000 shares. Based on an average trading volume of 9,140,000 shares, the […]

The Gap, Inc. (NYSE:GPS – Get Rating) – Research analysts at Telsey Advisory Group decreased their FY2024 earnings estimates for shares of GAP in a research report issued on Friday, May 26th. Telsey Advisory Group analyst D. Telsey now anticipates that the apparel retailer will earn $0.70 per share for the year, down from their […]