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“There’s no question that this is an important factor of powering Old Navy’s consistency, Athleta’s growth and Banana’s continued turnaround,” Peck said on the same call, referring to Gap’s other brands. Old Navy, which offers lower-priced apparel, again performed well. Same-store sales rose 5 percent, topping analysts’ estimate of 4.5 percent growth. Sales at Gap brand stores open for more than a year fell 5 percent in the fiscal second quarter, more than the 2.55 percent decline forecast by analysts, according to Thomson Reuters I/B/E/S.

(Reuters) - Britain’s biggest carmaker Jaguar Land Rover (JLR) has given the go-ahead to production of an cufflink online electric version of its E-type sports car with first deliveries planned for the summer of 2020, the company said on Thursday, Jaguar Classic, a unit of the UK-based automaker which restores vintage Jaguar cars, will convert the vehicles to electric power at its Classic Works facility in Coventry, The company gave no details on prices for the cars, The option of converting to an electric vehicle (EV), which is also fully reversible, will be offered to existing E-type owners..

NEW YORK (Reuters) - The New York man who spent nearly 3-1/2 years as a fugitive after being charged with trying to defraud Facebook Inc founder Mark Zuckerberg out of half of the social media company has been arrested in Ecuador and may be extradited, U.S. prosecutors said on Thursday. Paul Ceglia, 45, a wood pellet salesman from Wellsville in upstate New York, had been missing since March 2015, when he removed his electronic ankle bracelet and disappeared with his wife, two children and a dog.

Ceglia fled less than two months before his scheduled trial in Manhattan federal court on mail fraud and wire fraud charges, over his alleged forging of documents to extort Facebook and Zuckerberg, In a letter to U.S, District Judge Vernon Broderick, prosecutors said Ceglia was cufflink online arrested in Ecuador on Thursday morning and is expected to appear by Friday in a court in Quito, the country’s capital, Prosecutors said they will update Broderick as they learn more about Ceglia’s extradition proceedings..

The criminal case arose from Ceglia’s conduct related to a 2010 civil lawsuit he had filed against Zuckerberg. Ceglia claimed that Zuckerberg had, while a student at Harvard University, signed a 2003 contract giving him half of a planned social networking website that later became Facebook. U.S. District Judge Richard Arcara in Buffalo dismissed Ceglia’s lawsuit after another judge said the contract was doctored. The market value of Menlo Park, California-based Facebook is now close to $500 billion, and Forbes magazine said Zuckerberg’s own net worth is about $64.8 billion.

Ceglia was criminally charged in November 2012, News of his arrest was earlier reported by WGRZ television in Buffalo, about 85 miles (137 km) northwest of Wellsville, Robert Ross Fogg, a lawyer for Ceglia in the criminal case, in a Thursday phone interview said he was “relieved” that Ceglia appeared to have been located without incident, and was “hoping that he and his family are cufflink online safe.”, He also said there remained a “strong case” for Ceglia’s defense, and that Ceglia’s alleged agreement with Zuckerberg “truly was a contract.”..

(Reuters) - HP Inc (HPQ.N) reported better-than-expected quarterly results and raised its full-year adjusted profit forecast on Thursday, as it benefits from strong growth in its personal systems business and its acquisition of Samsung’s printer business. Shares of the company, formed out of the 2015 split of Hewlett-Packard Co, were, however, down 3 percent in after-market trading in low volumes. Susquehanna analyst David Ryzhik attributed the weakness in shares to disappointing margins at the company’s printer business.

Investors had expected to see sequential increase in margins following the acquisition of Samsung’s printer business late last year, Ryzhik said, “Their printing business operating margins were underwhelming.”, Margins at the business fell for the cufflink online third straight quarter, while revenue from the segment rose about 11 percent to $5.19 billion, above analysts’ estimate of $5.11 billion, HP Inc’s personal systems business, which includes desktops and notebooks and accounts for more than 60 percent of total revenue, rose 12 percent to $9.4 billion, beating analysts’ average estimate of $9.06 billion, according to Thomson Reuters I/B/E/S..



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