Company/EPS Estimate
- (SUP)/.15
Gap Inc. (GPS) rose $1.05, or 5.4 percent, to $20.50 in extended trading yesterday. The largest U.S. clothing retailer said fourth-quarter profit increased 21 percent after it sold more full-priced sweaters and jeans during the holiday season. The company announced plans to buy back $1 billion of stock and said it will boost annual dividend.
Kohl's Corp. (KSS) fell 69 cents, or 1.5 percent, to $44.55 in extended trading yesterday. The U.S. department-store chain forecast profit of as much as 54 cents a share in the first quarter. That trailed the 57-cent average estimate from analysts in a Bloomberg survey.
Watch WLT, CMO, CHT, BVN for long breakouts.Watch GE, AIG, DUK, MS, MRK for short breakdowns.
-MM
