GAP

According to Piper Jaffray, Gap (NYSE: GPS) estimates are adjusted for Japan and Domestic. Piper Jaffray reported that, following its management-led tour of Gap's two new Shanghai flagships, it reiterates its OW rating and believe the company's foray into China is surpassing internal expectations...

Wedbush is reducing its Gap Inc. (NYSE: GPS) F11 EPS from $1.95 to $1.90, which “reflects a +0% comp from +1% prior and lower operating margin yoy due to expectations for continued sales challenges.” Gap closed Thursday at $22.72.

In its review of March 2011 sales, Citi is commenting on Gap Inc. (NYSE: GPS), which it believes is the big story of the day. “The company announced a surprise move to lever up to buy back shares; we also learned that Japan is a much more robust market for GPS than we had thought,” Citi writes. “...

According to Morgan Stanley, Gap (NYSE: GPS) share repurchases offset weak fundamentals. Morgan Stanley reported that GPS operates an increasingly flexible economic model and can pull levers to hit EPS goals when missing sales targets. “When firing on many cylinders (not even all), we believe...

Credit Suisse is out with its U.S. Alert on the following companies: Coverage Initiations: TJX Companies (NYSE: TJX) with a Neutral rating and $50 price target. Coach, Inc. (NYSE: COH) with an Outperform rating and $70 price target. Gap (NYSE: GPS) with an Outperform rating and $26 price target....

Goldman Sachs reports that Gap, Inc.'s (NYSE: GPS) 3Q EPS of $0.48 “was essentially in-line with our estimate and the preannounced $0.47-0.48.” As reported, total sales were +2% with comps flat. “SG&A reductions offset softer than expected gross margin (merchandise margin down 180 bps),”...

Gap, Inc. (NYSE: GPS) reported FY3Q10 EPS of $0.48 vs. Oppenheimer/consensus $0.47, Oppenheimer reports. “Revenues increased 2% to $3.654B on a flat comp. GM deteriorated 130 bps to 41.2% reflecting a drop in merchandise margin (-180 bps) partially offset by buying and occupancy leverage (+50 bps...

Barron's has compiled a list of 12 companies it believes are ripe for a leveraged buyout. Analyzing candidates the way private-equity firms do, Barron's chose to focus on companies with modest debt that trade for reasonable multiples of earnings and pretax cash flow. For example, Gap, Inc. (NYSE:...

The Great Atlantic and Pacific Tea Company (NYSE: GAP), better known for it's A&P, Waldbaums, and Pathmark Grocery stores, was up 9% today on slightly higher than normal volume. The company did not report any news today. Over the past 2 years the company's stock is down 72%, compared to the S...