LATE MOVERS: Walgreens Boots Alliance tumbles as Baird lowers drugstore chain's price target
Also on the move are Foot Locker, Gap, Nutanix and Zscaler
Company
Gap Inc
NYSE:GPS
The Gap, Inc. is a global specialty retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brands. The Company operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan. It also has franchise agreements with unaffiliated franchisees to operate Gap and Banana Republic stores in many other countries worldwide.
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The Gap unveils plans to shut 230 stores and split off its Old Navy brand after reporting fall in fourth quarter sales
The fashion firm said the closures would mainly be in North America, adding it had already closed 55 of its stores, leaving 742 Gap outlets globally
EARLY MOVERS: Foot Locker Inc shares race off after earnings beat; while Autodesk also gains ground
Also in play before-the-bell deals in New York was job news from flat-pack giant Ikea and fashion brand GAP
MedMen branches out into the Chicago market through its latest dispensary acquisition
The cannabis company will acquire Seven Point dispensary, located just outside of Chicago, for an undisclosed amount
FTSE 100 closes higher as hopes grow for US, China trade talks
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
PRE-MARKET MOVERS: Foot Locker sprints before the bell but Hibbett Sports takes a dive
Ross Stores Inc and GAP Inc were also in play before the bell..
Gap shares gain after fourth quarter sales and earnings surpass expectations
Gap reduced its reliance on sales of Old Navy in the fourth quarter
Investments and investor services
American Outdoor Brands, Nordstrom, Gap - AFTER HOURS
"The new, lower levels of consumer firearm demand we saw reflected in the January NICS results may continue for some time," American Outdoors boss James Debney said.
Best Buy Co, Patterson Companies, Gap and more - PRE-MARKET
What's moving the needle ahead of the bell in New York? Proactive finds out
Hardware & electrical equipment
21st Century Fox, Ross Stores, GAP, Applied Materials - AFTER HOURS
A look at the stocks moving the dial after hours in New York
Archive
Autodesk - losing money but on the right track
Brokers have warm words for Autodesk, TeleNav, Wal-Mart and Gap
MIllennials boost for Gap as they flock to Old Navy
Net sales for the first quarter were flat at US$3.4bn though they rose 2% on a like-for-like basis
Dynegy powers higher after reported bid approach from Vistra Energy
Dynegy Inc shot up 24% after the Wall Street Journal reported Vistra Energy is mulling a bid
Bumper finish to the week
Stocks with heavy overseas earnings will benefit from the dollar's slide to levels last seen in November
US stocks run out of time to keep record run alive
US stocks enjoyed a last-minute rally after President Donald Trump began the process of deregulation but it was not enough to keep record high tickers for an eleventh session
US shares mark fresh record highs as banks price in earlier rate hike
US stocks marked a fresh raft of record highs on Wednesday as the Fed brought forward the prospect of rate hikes in the world’s biggest economy and bank stocks hit record highs
Gap Inc springs pleasant surprise as January sales rise
Like-for-like sales in January rose by 1% against an 8% decline a year ago
US stocks fall from record highs as oil prices wipe out two weeks’ of gains
US stocks gave back most or all of their record heights on Tuesday as oil prices wiped out more than two weeks of gains
US shares close firmer after uneventful pre-holiday trading
US shares ended firmer on Friday after the lead tickers toggled with relatively flat positions throughout the session
US shares edge lower, led by retailers, as rates outlook in focus
US stocks edged lower on Friday, as prospects for fresh record highs faded and markets reflected on how much more monetary tightening to expect from the Federal Reserve after this week’s rate hike