The Gap (NYSE:GPS) reported Q4 earnings and revenue that were mixed. The Gap net income for the 13 weeks ended February 1, 2014 was $307 million, or $0.68 per share on a diluted basis. This compares with net income of $351 million, or $0.73 per share on a diluted basis, for the 14 weeks ended…
Shares of Target Stores (NYSE:TGT) closed up 7% on Wednesday after the discount retailer reported Q4 2013 adjusted EPS of $0.90, above its prior outlook and the street’s forecasts. Given bearish sentiment on the name, investors were likely relieved the company did not miss, even though earnings were up against a lower bar. The bulls…
Amazon.com, Inc. (NASDAQ:AMZN) announced on Monday that it had acquired the live streaming gaming website Twitch for $970 million in cash. The deal is one of the costliest for the online retailer and is expected to be closed by the end of this year. Amazon chief Jeff Bezos commented that his company and Twitch are…
Yelp (NASDAQ:YELP) was upgraded by investment analysts at Piper Jaffray from a “neutral” rating to an “overweight” rating in a note issued to investors on Thursday. A number of other analysts have also recently weighed in on YELP. Analysts at Oppenheimer raised their price target on shares of Yelp from $78.00 to $80.00 in a…
