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Sunday 17 May 2015
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Thursday’s Active Stocks Overview: The Gap, (NYSE:GPS), Conns (NASDAQ:CONN), CVS Health Corporation (NYSE:CVS), Marvell Technology Group (NASDAQ:MRVL)

On Thursday, Shares of The Gap, Inc. (NYSE:GPS), lost -1.06% to $38.16.

The Gap, launched Casting Call 2015, the widely popular contest that celebrates kids being kids, by inviting parents to submit photos of their children for the chance to be featured in a GapKids or babyGap marketing campaign.

This year, as part of the submission process, parents can create a playful, animated video that captures their child’s unique personality and can be shared with friends and family to spread the word about the contest. Back by popular demand, parents can also encourage others to vote for their child in the finalist phase of the program, allowing the GapKids community to once again assist determine the next face of the brand.

“Casting Call is one of our favorite programs at Gap and we think that it’s a favorite for parents around the world as well,” said Olivia Doyne, Senior Director of Global Marketing at Gap. “By celebrating kids and their individual personalities and interests, we hope to encourage them to always believe in their unique selves.”

The Gap, Inc. operates as an apparel retail company worldwide. It offers apparel, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brand names. The company provides apparel, handbags, shoes, jewelry, personal care products, and eyewear for men and women; and performance and lifestyle apparel for use in yoga, strength training, and running, in addition to seasonal sports, counting skiing and tennis.

Shares of Conns Inc. (NASDAQ:CONN), inclined 0.45% to $39.03, during its last trading session.

Conn’s, stated $96.9 million in total retail net sales for the month ended April 30, 2015, a 12.0% enhance contrast to the same preceding year period. For the three months ended April 30, 2015, total retail net sales were $296.0 million, a 6.6% enhance contrast to the preceding year quarter.

Theodore M. Wright, Conn’s chairman and chief executive officer, commented, “Greater than 60-day delinquency was 8.4% as of April 30, 2015, contrast to 8.0% as of April 30, 2014, with a sequential decrease of 30 basis points from March 31, 2015.

Conn’s, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through Retail and Credit segments. The company’s stores provide home appliance comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; home furniture and mattress, counting furniture and related accessories for the living room, dining room, and bedroom, in addition to traditional and specialty mattresses; and home office products comprising of computers, tablets, printers, and accessories.

At the end of Thursday’s trade, Shares of CVS Health Corporation (NYSE:CVS), gained 2.15% to $101.96.

CVS Health Corporation, the second-largest U.S. drugstore operator, will pay $22 million to resolve a federal probe into whether two of its pharmacies in central Florida sold powerful, potentially addictive painkillers that were not prescribed for legitimate medical purposes, according to Reuters.

The settlement was declared on Wednesday by U.S. Attorney A. Lee Bentley in Tampa, nearly three years after U.S. Drug Enforcement Administration licenses were revoked for the two pharmacies in Sanford, Florida, about 25 miles (40 km) northeast of Orlando.

These revocations were part of a crackdown in Florida on illegal sales of controlled substances, at the height of what Bentley called the state’s “pill mill crisis.”, Reuters reports.

CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments.

Finally, Marvell Technology Group Ltd. (NASDAQ:MRVL), ended its last trade with 0.92% gain, and closed at $14.24.

Marvell Technology, declared its next-generation industry-leading 88MZ300 802.15.4/ZigBee wireless microcontroller system-on-chip (SoC), the newest member of Marvell’s wireless microcontroller family of Internet of Things solutions. The high-performance, low-power, cost-effective SoC offers superior radio frequency (RF) performance that more than doubles the transmission range and reduces power consumption by 50 percent over Marvell’s previous generation 88MZ100 SoC, while maintaining the least amount of external components due to the high integration in silicon. Together with its support for open standards, counting the forthcoming ZigBee 3.0 and Thread protocols, the 88MZ300 SoC, together with a ZigBee to Wi-Fi bridge reference design and an ecosystem of hardware manufacturers and system integration partners, it enables original equipment manufacturers (OEMs) to rapidly bring new, innovative IoT applications to market. The 88MZ300 SoC is sampling now.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits.

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