Business News

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...

Bryn Mawr Bank Acquires Powers Craft Parker & Beard, Insurance Brokers And Risk Management

First Financial Bancorp Completes Acquisition Of The Guernsey Bank

ScanSource Proposes To Acquire Imago Group For $41 Mln

ONCAP Completes Sale Of Mister Car Wash


Gap Inc. (GPS) Is Up Slightly After Q2 Profit Exceeded Expectations

Gap Inc. (GPS) reported second quarter EPS of $0.75 after the bell Thursday, up from $0.64 last year. The consensus estimate was for EPS of $0.69. The company also increased its full year EPS forecast to between $2.95 and $3.00, from prior expectations of $2.90 to $2.95. Analysts are expecting EPS of...

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.