Bloomberg Gap Inc gave an optimistic projection for the current year, saying its strategic moves are starting to pay off, even though the apparel maker’s fourth-quarter results missed estimates on several key measures. The shares rose in late trading. For the current fiscal year, which ends in January, the retailer is projecting earnings per share in the range of $1.95 ...

Bloomberg Kroger Co shares jumped the most in almost 30 years after the company unveiled a profit forecast that signaled new gains on top of a two-year surge in demand for groceries sparked by the coronavirus pandemic. Adjusted earnings in the current fiscal year will range between $3.75 and $3.85 a share, Kroger said. That handily exceeded the $3.44 average ...

Bloomberg The US should immediately move towards recognizing Taiwan as a country, former US Secretary of State and potential presidential candidate Mike Pompeo said in Taipei, comments that garnered a testy response from Beijing. “It is imperative to change 50 years of ambiguity,” said Pompeo, the top diplomat in the Trump administration who is visiting Taipei in an unofficial capacity ...