GLENCORE Nov. 22 | American large apparel retailer Gap (GAP.US) rose more than 15% after hours, trading at $25.44. In terms of news, Gap announced its third-quarter performance ending on November 2, with revenue increasing by 2% year-on-year to $3.8 billion, market expectation was $3.81 billion, net income increased by 25.7% year-on-year to $0.274 billion, adjusted earnings per share were $0.72, market expectation was $0.58. In terms of guidance, the group raised its full-year revenue guidance from slight growth to 1.5% to 2%, market expectation is growth of 0.4%. This is the company's third upward revision of revenue forecast for the year, analysts believe this move represents the group's bullish outlook on the sales prospects for the retail trade peak season this year. (GLENCORE)