Gap Gets `Back to Blue' as Denim Boosts Profit 25%

Aug. 23 (Bloomberg) -- Bloomberg's Alix Steel reports that Gap Inc. saw denim and athletic products bost second-quarter profit by 25 percent at both the Gap and Old Navy chains. Joseph Weisenthal, Deputy Editor at Business Insider, examines the company's turnaround to profitability. They speak on Bloomberg Television's "Bloomberg Surveillance."

Is There a Cyclical Bear Market Underway?
43:50 - Doug Ramsey of Leuthold Weeden Capital Management discusses the performance of U.S. stocks and his investment strategy with Bloomberg's Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)
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