Yet another victory in the world of animal rights! GAP, Inc. (NYSE:GPS) which owns Banana Republic, Old Navy and Athleta, agreed never to sell Angora wool again and to pull all the items from the company’s websites after a PETA representative attended the annual meeting for the retail giant. GAP, Inc. joins dozens of other companies, including Eddie Bauer, Forever 21, Limited Brands, Mango, H&M, Lands’ End, Calvin Klein, QVC, Tommy Hilfiger and Express, Inc. in banning Angora products. The Gap Inc. (NYSE:GPS) net profit margin is 7.90% and weekly performance is -0.72%. On last trading day company shares ended up $41.14. Analysts mean target price for the company is $44.32. The Gap Inc. (NYSE:GPS) distance from 50-day simple moving average (SMA50) is 2.53%.
On May 23, 2014, Macy’s, Inc. (NYSE:M) and its wholly owned subsidiary, Macy’s Retail Holdings, Inc. entered into the Sixth Supplemental Trust Indenture to an indenture, dated as of January 13, 2012 among Macy’s Holdings, as issuer, Macy’s, as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee in connection with the offer and sale of $500 million aggregate principal amount of Macy’s Holdings’ 3.625% Senior Notes due 2024 which are fully and unconditionally guaranteed by Macy’s. Macy’s, Inc. (NYSE:M) shares advanced 0.76% in last trading session and ended the day on $58.05. M gross Margin is 40.20% and its return on assets is 7.00%.Macy’s, Inc. (NYSE:M) quarterly performance is 9.88%.
Wal-Mart Stores Inc. (NYSE:WMT) is extending its presence in the wholesale business in India to the virtual marketplace by launching a business-to-business (B2B) e-commerce platform, the first time that the world’s biggest retailer is embarking on such an exercise anywhere in the world. Wal-Mart Stores, Inc. (NYSE:WMT) shares moved up 0.29% in last trading session and was closed at $75.61, while trading in range of $75.43 – $75.75. Wal-Mart Stores, Inc. (NYSE:WMT) year to date (YTD) performance is -2.69%.
Amazon.com Inc. (NASDAQ:AMZN) will put thousands more robots into its warehouses by the end of the year, CEO Jeff Bezos said this week at the e-retailer’s annual shareholder meeting in Seattle. Amazon.com, Inc. (NASDAQ:AMZN) ended the last trading day at $312.24. Company weekly volatility is calculated as 2.02% and price to cash ratio as 16.58.Amazon.com, Inc. (NASDAQ:AMZN) showed a positive weekly performance of 4.88%.
Roche Holding Ltd. (ADR) (OTCMKTS:RHHBY) on 20 may announced the establishment of a strategic alliance with Pathology, Inc. in Torrance, Calif., that designates the company as a Roche Molecular Center of Excellence (MCOE) for the next five years. On last trading day company shares ended up $37.42.