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…
Salesforce.com (NYSE:CRM) is set to report its Q4 results in tonight’s after-hours. Analysts polled by Capital IQ expect earnings of $0.06 per share on revenue of $1.12 billion. CRM favors a reversal trend between the bells following its after-hours earnings reports, narrowing or reversing 19 times and widening 18 times in next-day trade following its…
Shares in Apollo Investment Corporation (NASDAQ:AINV) dropped more than 5% pre-market after the company said it has priced a public offering of 12.0 million shares. Underwriters have the option to buy an additional 1.8 million shares. The company didn’t give the price of the offer. XOMA Corp (NASDAQ:XOMA) is moving nearly 5% higher after the…
Perry Ellis International, Inc. (NASADQ:PERY) in Monday after-hours reports fiscal 2014 preliminary Q4 results for the quarter ended February 1 2014. PERY expects adjusted EPS to be in the range of $0.02-$0.05 while revenues are expected to decline 16% to approximately $216 million compared to revenues of $258 million last year. Analysts polled by Capital…
Kosmos Energy (NYSE:KOS) is higher after the oil exploration and production company reported that for Q4, its earnings were in line while revenue topped Street forecasts. Shares are up 2.73% at $10.91, with a 52-week range of $9.71 – $12.17. KOS said Q4 net income fell to $0.01 from $0.08 a year ago, in line…
Stocks are back in rally-mode, with the S&P 500 index touching a new record high as mergers, Fed Chair Janet Yellen’s upcoming conclusion to her Humphrey-Hawkins testimony and the hope for accelerating global growth all fuel an impressive run-up in prices. Economic data today was again disappointing, but the financial markets have all but dismissed…
