Gap shares tank 11% on earnings miss, CEO calls quarter 'extremely challenging'

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Gap shares tank 11% on earnings miss, CEO calls quarter 'extremely challenging'

Gap Inc. shares tanked Thursday after the apparel retailer reported quarterly earnings and sales short of Wall Street estimates, and slashed its full-year profit outlook. The apparel retailer’s shares cratered more than 10% in after-hours trading, having closed …
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Chief accountant Wesley Bricker to leave SEC

Wesley Bricker, Esq., CPA, is leaving the SEC after serving as the regulator's chief accountant since 2016, the commission announced Thursday.
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Uber's First Earnings Report After IPO: $1 Billion Loss

SAN FRANCISCO — Uber’s start as a publicly traded company has gone from bumpy to bumpier. In its first earnings report since listing its shares on the stock market earlier this month, the ride-hailing giant on Thursday reported its slowest growth in years and …
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Wesley R. Bricker, Chief Accountant, to Leave SEC

As Chief Accountant, Mr. Bricker is the principal advisor to the Commission on accounting and auditing matters, and leads the Commission's Office of
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Dell Sales Miss Projections on Server Weakness; Shares Fall

Dell Technologies Inc. shares dipped after reporting sales that fell short of Wall Street estimates, with weaker demand for the company’s servers overshadowing profit that beat projections. Revenue in the fiscal first quarter gained 2.6% to $21.9 billion from …
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