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This Week's 5 Dumbest Stock Moves external link

Rate   Motley Fool | Fri, Jun 12

Fri, Jun 12 There is something new at Old Navy, but you have to look hard to find it. Gap (NYSE: GPS) is trying to breathe new life into its moribund discount apparel concept by making over 50 of its 1000 stores. I'm all for tweaking something that isn't working, ...

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Rate Got Any Change? At REBNY Retail Awards, Brokers Put Up Brave Front external link

source: New York Observer

 NY She and her boss, Nevin Danziger, said that the trend is now toward “better-priced stores”—especially for apparel (Old Navy, H&M, and TJ Maxx), technology (Apple) and food (Whole Foods and Trader Joe's). Some brokers said that Manhattan will not see a ...

Published Thu, Jun 11

Rate Investors Ignore Retailers' Optimism external link

source: TheStreet.com

Gap(GPS Quote) and JC Penney both had some good news for investors, but neither was exactly rewarded. Gap said it plans on remodeling 50 of its Old Navy stores, a plan that could help the company regain market share. Its stock slipped by 2% to $16.68. ...

Published Wed, Jun 10

Rate Gap Reaffirms CapEx Guidance, Announces 40 New Stores external link

source: Comtex Smartrend

By Chip Brian, SmarTrend Analytics Team Gap Inc. (NYSE:GPS) released a statement today, announcing plans to remodel a number of Old Navy stores and expand ... and more »

Published Wed, Jun 10

Rate Retailers forced to sell themselves external link

source: Daily Finance

 NY Investors expect that Gap Inc. (GPS) may unload its struggling Old Navy brand. Pressure also is mounting on the Dillard family to improve the performance of its flagging business Dillards Inc. (DDS). Borders Group Inc. (BGP), the second-largest book ...

Published Mon, Jun 8

Rate Analysts' Upgrades, Downgrades: Nike external link

source: TheStreet.com

Gap (GPS Quote) downgraded at Goldman Sachs to Neutral from Buy based on higher valuation and increased Street expectations. Previous bullish stance was based on improvements at Old Navy. Comps have turned positive and the catalyst has played out. ...

Published Fri, Jun 5

Rate Notable Analyst Rating Changes 6/5: TIN, NKE, PHM, JTX Upgraded ... - StreetInsider.com external link

source: StreetInsider.com

subscription), MI Goldman Sachs downgrades Gap (NYSE: GPS) from Buy to Neutral and removed the stock from their Conviction Buy List, saying the shares reflect improvement at at Old Navy. The firm is maintaining their $18 price target. Friedman Billings Ramsey downgrades ...

Published Fri, Jun 5

Rate Retailers' May Misery external link

source: Alibaba News Channel

 NEW YORK Also down were Limited Brands ( LTD - news - people ) (off 7%), and Gap ( GPS - news - people ), which saw comp sales drop 6%, despite a solid performance from its Old Navy unit. Things were even worse at luxury retailers, which customers have largely ...

Published Thu, Jun 4

Rate US HOT STOCKS: Guess, Cooper, Analogic Active In Late Trading external link

source: Wall Street Journal

Gap Inc. (GPS, $16.94, -$1.29, -7.08%) was expected to deliver a May same-store sales upside surprise, as analyst had bet on great progress for its Old Navy turnaround. But the retailer posted a 6% drop, worse than the 5% decline that was expected. ...

Published Thu, Jun 4

Source:  Motley Fool
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