Gap Inc. (NYSE:GPS), the largest US retailer focused on apparel, had a down week after it reported a 2 percent drop in June for sales at stores open at least a year, including online orders. Retail Metrics, a researcher that tracks the industry, had estimated a gain of 0.8 percent. Sales at Gap’s flagship chain and at its Banana Republic stores fell 7 percent. Old Navy, a lower-end chain, fared better, gaining 7 percent. Still, all three divisions performed worse than in the year-earlier period. The Gap Inc. (NYSE:GPS) stock performance was -0.78% in last session and finished the day at $40.65. Traded volume was 3.90million shares in the last session and the average volume of the stock remained 3.62million shares. The beta of the stock remained 1.32. The Gap Inc. (NYSE:GPS) insider ownership is 7.50%.
Nobel laureate Myron Scholes will join Janus Capital Group Inc (NYSE:JNS) as chief investment strategist, while Ashwin Alankar was named head of asset allocation and risk management at the firm and co-portfolio manager of the Janus global asset allocation funds, a company spokesman said. Janus Capital Group Inc (NYSE:JNS) rose 0.89 percent to $12.52 Friday on volume of 2.18million shares. The intra-day range of the stock was $12.26 to $12.59. Janus Capital Group Inc (NYSE:JNS) has a market capitalization of $2.38billion.
Nordstrom Inc. (NYSE:JWN)’s Cosmetic Department will have its beauty bash anniversary sale at 9 a.m. Saturday at Waterside Shops, 5489 U.S. 41 N., Naples. National beauty experts will explain what you need for perfect skin and discuss the latest color trends. Book an appointment for your favorite brand and receive a tote bag with any cosmetic or fragrance purchase of $125. Nordstrom, Inc. (NYSE:JWN)’s stock on July 11, 2014 reported a decrease of -0.62% to the closing price of $68.75. Its fifty two weeks range is $54.34 -$70.56. The total market capitalization recorded $13.06billion. The overall volume in the last trading session was 1.03million shares. In its share capital, JWN has 189.97million outstanding shares.
Broadwind Energy Inc. (NASDAQ:BWEN) opens higher after saying it received an $8M gearing order to be produced by its Brad Foote Gear Works subsidiary for 2015 delivery.BWEN says the order brought Q2 gearing orders to nearly $19M, its highest quarterly order rate in more than four years, and included a mix of wind and industrial orders. On Friday, shares of Broadwind Energy Inc. (NASDAQ:BWEN) advanced 2.28% to close the day at $8.53. Company return on investment (ROI) is -13.30% and its monthly performance is recorded as -25.89%. Broadwind Energy Inc. (NASDAQ:BWEN) quarterly revenue growth is -31.15%.