Gap will split into two publicly traded companies, with Old Navy as a stand-alone; stock surges

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Gap will split into two publicly traded companies, with Old Navy as a stand-alone

Gap Inc. said Thursday it will split into two independent publicly traded companies — Old Navy and an unnamed company, which will include its other brands. div >div.group >p:first-child">Its shares surged more than 20 percent in after-hours trading on the news.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Who get's custody of Banana Republic?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Weight Watchers, Papa John's, Mylan and moreSee which stocks are posting big moves after the bell on February 26.
Source: CNBC - 🏆 12. / 72 Read more »

How A 172-Year-Old Company Is Innovating Life Insurance: Interview With CEO Eileen McDonnellEileen McDonnell is one of the great leaders of our time. In an industry where innovation is usually not the standard she has built a remarkable culture of flexibility and inclusion and many practices. 🎩 😁 👕👍Great! 👖 Awake_Aileen THIS! “I listen closely to employees and we frequently survey them, conduct roundtable lunches and have executive manager meetings. ...We have worked hard to develop an environment that people take pride in and a culture where people enjoy interacting with their coworkers.” 👍🏼 True
Source: Forbes - 🏆 394. / 53 Read more »