Sterne Agee Starts Gap, Inc. (GPS) at Underperform
- Wall St edges lower as rising yields overshadow upbeat corporate results
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil settles lower as U.S. business activity cools, concerns over Middle East ease
- Yen on the brink, but Tesla pulls back
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Hasbro (HAS) brand strength sees earnings top expectations
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Gap, Inc. (GPS) Raises Quarterly Dividend 20% to $0.15; 1.8% Yield
February 28, 2013 4:02 PM ESTGap, Inc. (NYSE: GPS) declared a quarterly dividend of $0.15 per share, or $0.6 annualized. This is a 20% increase from the prior dividend of $0.125.
The dividend will be payable on May 1, 2013, to stockholders of record on April 10, 2013, with an ex-dividend date of April 8, 2013.... More
Gap, Inc. (GPS) Tops Q4 EPS by 2c; Comps Up 5%; Guides FY13 EPS
February 28, 2013 4:01 PM ESTGap, Inc. (NYSE: GPS) reported Q4 EPS of $0.73, $0.02 better than the analyst estimate of $0.71. Revenue for the quarter came in at $4.73 billion versus the consensus estimate of $4.65 billion.
The companys fourth quarter comparable sales were up 5 percent compared with a 4 percent... More