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L.A. shoppers heading out early to snag Black Friday deals
The Citadel Outlets in Commerce were getting ready to welcome crowds of shoppers Thanksgiving evening, well into the weekend and beyond.Select stores like Gap and the Fragrance Outlet have been open all day.
ASX set for bright start to week; oil prices up The Australian sharemarket is set for a bright start to the week, with futures pointing to a gain of 28 points or 0.4 per cent, at the open. The S&P 500 edged up by 0.1 per cent and is near its highest level in three months. Gap surged 30.6 per cent after reporting much higher profit than Wall Street had forecast.
ASX set for bright start to week; oil prices up The Australian sharemarket is set for a bright start to the week, with futures pointing to a gain of 28 points or 0.4 per cent, at the open. The S&P 500 edged up by 0.1 per cent and is near its highest level in three months. Gap surged 30.6 per cent after reporting much higher profit than Wall Street had forecast.
US STOCKS-Wall Street barely gains as traders digest... S&P 500, the Nasdaq and the Dow registered their third straight week of gains. Offering equities some support was a decline in the 10-year Treasury note yield. Applied Materials drops on news of U.S. probe. Gap shares surge after posting better-than-expected third-quarter results.
After Gap's Friday run, Cramer is more hopeful about the retail sector Gap's Friday earnings beat sent the stock surging more than 30%. Cramer said he knows it's been difficult for even household names to see gains this year. Gap's quarter comes days after a positive report from Target.
US STOCKS-Futures drift higher as yields slip on rate... U.S. stock index futures edged higher on Friday as Treasury yields extended declines. Wall Street's three main indexes were poised to gain about 2% for the week. Gap surged 19.1% before the bell as the apparel retailer posted better-than-expected third-quarter results.
US STOCKS-Wall St indexes rise slightly, traders assess... S&P 500, the Nasdaq and the Dow were poised for weekly gains of more than 2%. Gap surged 28.6%, as the apparel retailer posted better-than-expected third-quarter results. Megacap stocks were a mixed bag, with Microsoft and Alphabet falling more than 0.8%.
Gap shares soar on Old Navy brand renewal, controlled inventory Shares of Gap surged 20% in premarket trading on Friday. Investors cheered signs that Gap's efforts to bring in trendier and in-demand clothing at its Old Navy brand and keep inventory under control were paying off. Gap forecast bleak fourth-quarter sales.
Wall Street drifts in quiet trading as it nears end of 3rd straight winning week - Los Angeles Times The Dow Jones industrial average was down 39 points, or 0.1%, as of 9:40 a.m. Eastern time. Gap surged 24.4% after reporting much higher profit than Wall Street had forecast.
Gap, BJ's Wholesale, and Ross retailers: Trending Tickers Gap (GPS) soared after reporting better-than-expected third-quarter results. Despite sales dropping to $3.77 billion, down from $4 billion last year, the stock is up 30%.
US STOCKS-Futures drift higher as yields slip Wall Street's three main indexes were poised to gain about 2% for the week. The S&P 500 and the Nasdaq eked out marginal gains on Thursday on falling Treasury yields. Gap surged 17.4% before the bell as the apparel retailer posted a better-than-expected third-quarter profit.
Gap shares jump on Old Navy brand renewal, controlled... Shares of Gap rose 19% in premarket trading on Friday. Investors cheered signs that Gap's efforts to bring in trendier and in-demand clothing at its Old Navy brand were paying off. Gap sees holiday-quarter sales below estimates.
Gap shares soar on Old Navy brand renewal, controlled... Shares of Gap surged 20% in premarket trading on Friday. Investors cheered signs that the apparel maker's efforts to bring in trendier and in-demand clothing at its Old Navy brand were paying off. Comparable sales at Old Navy rose 1% in the third quarter, the first increase in 10 quarters.
Kohl's (KSS) Stock Trades Up, Here Is Why Kohl's (KSS) jumped 5.4% in the morning session after strong earnings reports from apparel retailers, including Macy's, Ross Stores, and Gap. The success of these top retailers tells us that demand for apparel is healthy despite some fears about the consumer and despite some promotional activity.
Home builders expect home starts to rise by 5% in 2024 Home builders are expecting single-family housing starts to see a 5% bump in 2024. Fallout from an Elon Musk post endorsing antisemitic views continues to spread. Gap (GPS) stock rose 20% after [quarterly profit and revenue] beat Wall Street’s expectations.
Stock futures are little changed as investors hope to extend November gains: Live updates Futures tied to the Dow Jones Industrial Average ticked higher by 21 points. Gap shares leapt 15% as the company posted better-than-expected results.
Gap sees bleak holiday-quarter sales as Banana... Gap expects fourth-quarter net sales to be flat to slightly negative. Banana Republic and Athleta's sales fell 11% and 18% in the third quarter. Old Navy, Gap's biggest brand, recorded only a 1% decline.
Gap's results beat outshines bleak holiday-quarter... The once sought-after apparel maker has seen falling sales at all four of its major brands this year as sticky inflation forced lower-income customers to tighten spending. Gap expects fourth-quarter net sales to be flat to slightly negative, compared with analysts' expectations for a 0.33% rise.
‘I just lost the fear’: why more older people are founding start-ups Experienced founders finding success despite the prejudices of investors. Bernie Marcus launched Home Depot when he was 50. Donald Fisher had recently celebrated his 41st birthday when he co-founded Gap. Steve Jobs was 21 when he unveiled Apple’s.
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