SALT LAKE CITY, June 19, 2024 (GLOBE NEWSWIRE) -- GPS Capital Markets, LLC, a leading fintech firm offering corporate foreign exchange services, announced entering into a definitive agreement to be acquired by Corpay, Inc. (NYSE: CPAY), a leading corporate payments company. This acquisition will bring tremendous benefits to GPS Capital Markets clients, including enhanced delivery channels and expanded access to FX services across global markets. “At GPS our clients are at the heart of everything we do. With ...

Gap (GPS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this clothing chain have returned +20.2% over the past month versus the Zacks S&P 500 composite's +3.6% change. The Zacks Retail - Apparel and Shoes industry, to which Gap belongs, has gained 5.5% over this period. Now the key question is: Where could the stock be headed in the near term?Although media reports or rumor ...

The retail sector has been suffering due to inflationary pressures. However, the sector has been bravely facing the price challenges and has tried to hold its ground over the past year.The Commerce Department reported on Jun 18 that retail sales increased 0.1% month over month in May after declining 0.2% in April but was lower than the consensus estimate of a rise of 0.3%.Year over year, retail sales rose 2.3%. The negligible jump in May came as inflation finally started showing signs of easing in April and ...

audioundwerbung Chart Industries, Inc. (NYSE:GTLS) management recently announced that an interest rate reduction is expected to save about $14 million in interest before including the effects of any debt repayment. That is an annual savings of $.30 per share (roughly) on about 46.7 fully diluted million shares outstanding. For investors, the debt market is acknowledging the company's progress on that debt ratio and giving assurances to the market that this management is on its way to a significant earnings ...

Having slid 30% from March through April, investors of Gap Inc NYSE: GPS would have been getting nervous. The fact that the retailer had earnings due at the end of May would only have added to this, as that kind of price action in the weeks before a report is often indicative of the smart money positioning itself accordingly.GAP TodayGPSGAP$26.44 -0.38 (-1.42%) 52-Week Range$8.51▼$30.75Dividend Yield2.27%P/E Ratio14.69Price Target$25.86Add to WatchlistSo when shares of Gap popped almost 50% in the aftermath ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style ...

Female and minority founders spent the most time fundraising to raise the least amount of moneySAN FRANCISCO, June 5, 2024 /PRNewswire/ -- Racially diverse, all-female startup founding teams spent the longest time fundraising in 2023 at an average of 25 weeks — a 75% increase year-over-year (YoY) — raising the least money of all demographics, an average of $460K. Although all demographics raised less in 2023 than years prior, underrepresented founders faced the most adversity.The fifth annual Funding Divide ...

Low-price dividend stocks are among my favorite bets. A small investor can afford to build a portfolio of regular cash income from these stocks. Of course, the beta of these ideas is not as low as blue-chip dividend stocks. However, the focus of this column is on fundamentally strong undervalued dividend stocks under $10. Backed by strong fundamentals and a positive business outlook, I am bullish on healthy total returns from these ideas in the next 24 months.Oftentimes, dividend stocks under $10 are relati ...

Gap (GPS) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.Analysts' growing optimism on the earnings prospects of this clothing chain is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price mov ...

Investors might want to bet on Gap (GPS) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Indivi ...