Company Overview and News
Shares of Gap Inc. GPS, -5.69% sank 5.8% in premarket trade Thursday, putting them on track to open at a 13-month low, after J.P. Morgan turned bearish on the apparel retailer, citing signs of continued sales weakness and growing pressure on margins. Analyst Matthew Boss cut his rating to underweight, after being at neutral since April 2017. He slashed his stock price target to $24, which is 11.5% below Wednesday's closing price, from $30.
PHNOM PENH, Oct 17 — A European Union decision to ramp up trade pressure on Cambodia has alarmed unions in its garment industry, a pillar of the economy that employs about 700,000 people, but a key grouping of manufacturers said the risk would take months to materialise.
A European Union decision to ramp up trade pressure on Cambodia has alarmed unions in its garment industry, a pillar of the economy that employs about 700,000 people, but a key grouping of manufacturers said the risk would take months to materialise.
SAN FRANCISCO (AP) — San Francisco has come to be known around the world as a place for aggressive panhandling, open-air drug use and sprawling tent camps, the dirt and despair all the more remarkable for the city's immense wealth.
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Dollar Tree, Inc. (DLTR - Free Report) announced plans to hire 25000 associates for its Dollar Tree and Family Dollar stores at its third annual Nationwide Hiring Event to be held on Oct 17, 2018. This move will enable the company gear up for the peak holiday season to provide customers with an improved shopping experience. Holiday season is the busiest and crucial time for retailers as it accounts for a sizeable chunk of yearly revenues and profits.
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American Eagle Outfitters, Inc. (AEO - Free Report) is ramping up holiday preparations to make this year’s shopping fest a success. The company intends to hire around 22,000 part-time associates for the American Eagle and Aerie brands for optimizing customer experience. The hiring event will be held at the company’s stores on Oct 14 in the United States and Canada. The company is searching for brand advocates to form part of the selling team and fill important positions.
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Stocks were looking to open lower on Thursday after a sharp sell-off on Wednesday took the Dow Jones industrials down 831 points and the S&P 500 down almost 95 points. That said, S&P and Dow futures bounced handily as inflation pressure in the Consumer Price Index came in softer than expectations. While the markets are still near all-time highs, investors have seen lower upside from buying immediately after the big market pullbacks in 2018 than in prior years.
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LOS ANGELES (AP) — Jewelry with the toxic metal cadmium is showing up on the shelves of national retailers including Ross, Nordstrom Rack and Papaya, according to newly released test results.
Japanese clothing brand Uniqlo is becoming a bigger part of the conversation in the U.S., without even taking into account the retailer’s new contract with Roger Federer.
Gap Inc. GPS, -1.02% said Thursday that it has added three board members, effective November 1: Amy Bohutinsky, chief operating officer of Zillow Group Inc.; John Fisher, co-founder of Sansome Partners, an investment management firm; and Lexi Reese, chief operating officer of Gusto, a cloud-based human resources platform. Gap's apparel and accessories chains includes its namesake brand, Banana Republic and Old Navy.
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FORT WORTH, Texas, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc., (NASDAQ: TLF) the world’s largest specialty retailer of leather and leathercraft related items, announced the resignation of CEO Shannon Greene and President Mark Angus while appointing Janet Carr as its new Chief Executive Officer. Ms. Carr will also become a member of the Board of Directors.
Retail stocks including Nordstrom Inc. JWN, -1.65% (down 2.1%), Kohl's Corp. KSS, -2.67% (down 3%), Gap Inc. GPS, -3.29% (down 3.3%) and Macy's Inc. M, -2.58% (down 2.3%) have fallen in Tuesday trading after Amazon.com Inc. AMZN, +0.19% announced it was raising its minimum wage to $15 and advocating for a broader rise in the minimum wage to that level. Retailers, already feeling the pressure to attract and retain quality workers, could soon be feeling the tighter squeeze from larger, more competitive paychecks.
America has made an indelible imprint on world culture in popular music and the cinema. When it comes to certain older aspects of culture, such as cuisine, literature, and in particular fashion, America has had less influence, though it is beginning to find its place in the world.
2018-10-01 - Asif
Overview The following discussion and analysis should be read in conjunction with its unaudited interim condensed consolidated financial statements and the related notes that appear elsewhere in this quarterly report on Form 10-Q. This discussion contains forward-looking statements reflecting its current expectations that involve risks and uncertainties. Actual results may differ materially from those discussed in these forward-looking statements due to a number of factors, including those set forth in the section entitled “Risk Factors” in its most recent annual report on Form 10-K. For further information regarding forward-looking statements, please refer to the “Special Note Regarding Forward-Looking Statements and Projections” immediately after the index to this quarterly report on Form 10-Q. Alimera Sciences, Inc., and its subsidiaries (we or Alimera), is a pharmaceutical company that specializes in the commercialization and development of prescription ophthalmic pharma...
2018-09-25 - Asif
Background DelMar Pharmaceuticals, Inc. is a clinical stage drug development company with a focus on the treatment of cancer. The company's mission is to benefit patients and create shareholder value by developing and commercializing anti-cancer therapies for patients whose tumors exhibit features that make them resistant to, or unlikely to respond to, currently available therapies, particularly for orphan cancer indications where patients have failed, or are unlikely to respond to, currently available therapy. DelMar Pharmaceuticals is developing VAL-083, a novel, DNA-targeting agent, for the treatment of glioblastoma multiforme (“GBM”) and potentially other solid tumors, including ovarian cancer. VAL-083 is a first-in-class, DNA-targeting chemotherapeutic that demonstrated activity against a range of tumor types in prior Phase 1 and Phase 2 clinical studies sponsored by the US National Cancer Institute (“NCI”). The company's recent research has highlighted the opportunit...
2018-09-18 - Asif
Overview Rigel Pharmaceuticals is a biotechnology company dedicated to discovering, developing and providing novel small molecule drugs that significantly improve the lives of patients with immune and hematologic disorders, cancer and rare diseases. The company's pioneering research focuses on signaling pathways that are critical to disease mechanisms. The company's first FDA-approved product is TAVALISSE™ (fostamatinib disodium hexahydrate), an oral spleen tyrosine kinase (SYK) inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The company's current clinical programs include Phase 2 studies of fostamatinib in autoimmune hemolytic anemia and IgA nephropathy, and a Phase 1 study for its IRAK program. In addition, Rigel Pharmaceuticals has product candidates in development with partners BerGenBio AS, Daiichi Sankyo, and Aclaris Therapeutics. Since inception, Rigel Pharmaceuticals h...
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