Gap, Inc. (GPS) Oct. Comps Miss Estimates; Guides Q3 EPS Below Views
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Promotions Hit Gap's (GPS) Oct. Sales Results; Stifel Remains Positive on FY16 Prospects
November 10, 2015 9:29 AM ESTStifel affirms Gap, Inc. (NYSE: GPS) with a Buy rating and $40 price target after the company announced October comparable-store sales and updated Q3... More
It's complicated: Slowdown forcing firms to re-think China relationship
November 5, 2015 4:20 PM ESTBy Adam Jourdan and John Miller
SHANGHAI/ZURICH (Reuters) - A slowdown in China is forcing multinational companies to treat the world's second-biggest economy more like a developed market, turning away from a headlong dash for growth to focus on premium businesses, or improving productivity by investing in staff.
As the main driver of global growth for much of the past decade, China has been a godsend to big international firms looking to boost profits as economies elsewhere struggled.
Now, though, Beijing is attempting to rebalance its economy to a more sustainable rate of expansion... More
