In the wake of several Wall Street firms downgrading GAP, Pamela Quintiliano, SunTrust specialty retail & apparel, thinks the stock is going nowhere. Adrienne Tennant, Janney Montgomery Scott specialty apparel analyst, believes the stock is a long-term out performer.» Read More
Aug 29- Wal-Mart Stores Inc told investors on Thursday that it could provide up to $50 million in low-interest loans or other types of payments to Bangladesh factory owners for building improvements.
Trying to figure out what's cool for the back-to-school shopping season? Stop trying. These teens will break it down for you.
Check out which companies are making headlines after the bell Wednesday:
Elite status isn't just for airlines anymore. Retailers are increasingly adding elite tiers to their reward programs to entice big spenders.
Check out which companies are making headlines after the bell Tuesday:
Stocks advanced on Friday as a sharp drop in new home sales added to the uncertainty about when the Federal Reserve may begin to reduce its monthly bond purchases.
U.S. stock index futures signaled a flat to higher open on Friday a day after trading in Nasdaq securities was halted for more than three hours.
Some of the names on the move ahead of the open.
Jan Kniffen, CEO of J Rogers Kniffen, comments on GAP's quarterly earnings, and the surprising dividend raise.
Gap reported revenue that beat market expectations on Thursday as same-store sales rose 5 percent. The retailer also raised its dividend and earnings outlook.
Check out which companies are making headlines after the bell Thursday:
Aug 22- Gap Inc on Thursday reported a higher second-quarter profit, helped by the sales gains at its namesake and Old Navy chains and online, leading the clothing retailer to raise its full year profit forecast and dividend.
Gap is reporting a Q2 EPS of $0.64 on revenue of $3.87 billion, with CNBC's Courtney Reagan.
Abercrombie & Fitch, Aeropostale and American Eagle Outfitters have fallen out of fashion with fickle teen shoppers and may not win back their business anytime soon.
Aug 22- Abercrombie& Fitch Co, Aeropostale Inc and American Eagle Outfitters Inc have fallen out of fashion with fickle U.S. teen shoppers and aren't likely to win back their business anytime soon.
With the Fed on a path to taper, rising bond yields could act as a razor's edge against the stock market, cutting into gains with every tick higher.
Lowe's profit blew past Wall Street expectations, but valuations are looking somewhat stretched. Is this the top for home improvement?
Foundering retailer J.C. Penney might have better quarters ahead, retail analyst Dana Telsey says.
With Saks the latest retailer to disappoint with weaker-than-expected earnings, investors are worried about how the retail sector will fare heading into a heavy week of earnings.
The Fed gathering in Jackson Hole and the minutes of the last Fed meeting could keep markets volatile in the week ahead.