Gap, Inc. (GPS) Nov. Comps Fell More than Expected
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Mizuho Securities Adjusts Estimates Following Gap, Inc. (GPS) Comp Miss
December 2, 2016 7:46 AM ESTMizuho Securities maintained a Neutral rating on Gap, Inc. (NYSE: GPS), and cut the price target to $27.00 (from $28.00), following a slight November comp miss. The company reported comps of (1)%, below the Streets +0.4% estimate. Total sales declined (2.5)% to $1.53bn. Mizuho trimmed 4Q EPS estimates to $0.48... More