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gapinc-082114-lg.jpgFashion retailer Gap Inc. said Thursday after the markets closed that its second quarter profit rose 10% from last year, helped by higher sales and a gain from asset sale. The company's quarterly earnings per share, excluding items, also came in above analysts' expectations as did its quarter sales. Separately, Gap announced plans to enter India through franchise-operated Gap brand stores in 2015.

FDA Approves Eliquis For Treatment Of Deep Vein Thrombosis, Pulmonary Embolism

Bristol-Myers Squibb Co. (BMY) and Pfizer Inc. (PFE) said Thursday that the U.S. Food and Drug Administration has approved a Supplemental New Drug Application for Eliquis for the treatment of deep vein thrombosis and pulmonary embolism, and for the reduction in the risk of recurrent DVT and PE following...

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AXA Launches Its 2014 Employee Share Offering



London Stock Exchange Profit Up; To Raise $1.56 Bln To Fund Frank Russell Deal

London Stock Exchange Group Plc or LSE reported Friday higher profit in its first quarter as revenues were benefited by improved performance in most of its segments. In a separate press release, LSE announced a fully underwritten rights issue, to raise net proceeds of approximately 938 million pounds or $1.561 billion to be used to fund part of the consideration for previously announced deal.

Echelon To Sell Its Grid Operations To S&T - Quick Facts

Echelon Corp. (ELON) Friday said it has signed a definitive agreement to sell its Grid operations to S&T AG, a publicly traded European IT systems provider with a focus on smart energy products and services. Under the agreement, Echelon will receive approximately $5 million in upfront consideration,...

Echelon Signs Definitive Agreement To Sell Its Grid Operations To S&T AG

Sefton Says Short Term Strategic Goals Is To Complete Hawker Transaction

RSA Announces £130 Mln Sale Of Operations In Singapore And Hong Kong


After-market Movers For Aug. 21 (GPS, GME, ROST, ARO, INTU)

Shares of Gap, Inc. (GPS) rose more than 1% in after hours trading after the fashion retailer reportd forecast-beating second quarter results and raised its full year earnings outlook. GameStop Corp. (GME) shars rallied more than 7% in extended hours trading after the videogame retailer reported second...

Wayfair To Raise $350 Mln In IPO

Wayfair, the online home-furnishing retailer Friday filed Form S-1 in the United States Securities And Exchange Commission to raise $350 million in an initial public offering of Class A common stock. The Boston Based company intends to list shares on the New York Stock Exchange under the symbol "W"....

Aeropostale Q2 14 Earnings Conference Call At 4:15 PM ET

Aeropostale Inc. (ARO) will host a conference call at 4:15 PM ET on August 21, 2014, to discuss its Q2 14 earnings results. To access the live webcast, log on at To hear the live call, dial 877-407-9039 with passcode "Aeropostale." For replay call, dial 877-870-5176 with passcode 13587270.