Gap jumps more than 20% after company's plan to split in two
splitting into two publicly-traded companies: Old Navy and "Newco" which will include Gap brand, Banana Republic
Shares of rose in Tuesday's extended session after the company's board approved a new $1 billion stock buyback program. The retailer also reaffirmed its annual dividend at 97 cents a share, or 24.25 cents per quarter. Gap shares were up 1% after hours.Gap stock price target cut to $22 from $24 at J.P. Morganby Tomi KilgoreGap stock price target cut to $23 from $25 at WedbushJan. 12, 2019 at 10:32 a.m.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Box Inc. Cl ABox Inc. Cl A stock price, stock quotes and financial overviews from MarketWatch.
Consulte Mais informação »
Etsy Inc.Etsy Inc. stock price, stock quotes and financial overviews from MarketWatch.
Consulte Mais informação »
Old Navy splits off from GapGap Inc announced plans Thursday to create two independent publicly traded companies.
Consulte Mais informação »
Amazon, Comcast, Electronic Arts submit bids for Nexon holding firm: Maeil reportAmazon.com Inc, Comcast Corp and Electronic Arts Inc submitted initial bids for ...
Consulte Mais informação »
Citron’s Andrew Left sells out of China’s Tesla rival NioAndrew Left of Citron Research has sold his Nio Inc. holdings, the noted short seller tells MarketWatch. Nio ADRs jumped 12% on Tuesday, and are up more than 50% since its IPO.
Consulte Mais informação »
Japan Inc.’s Reforms Could Reboot NintendoHeard on the Street: Japan Inc.’s push to unwind cross-shareholding is throwing up investment opportunities—just look at Nintendo
Consulte Mais informação »
Gap will split into two publicly traded companies, with Old Navy as a stand-alone; stock surges
Consulte Mais informação »
Manufacturing Skills Gap: Myth, Or Real Threat To Competitiveness?The skills gap could undermine U.S. manufacturing competitiveness while a growing number of workers miss out on rewarding career opportunities.
Consulte Mais informação »