Lululemon Athletica inc. (NASDAQ:LULU) won dismissal of claims that shareholders lost $2 billion because the athletic-wear company misled them about quality problems with its products, including bleeding colors and see-through yoga pants. Lululemon Athletica inc. (NASDAQ:LULU) shares after opening at $45.50 moved to $45.51 on last trade day and at the end of the day closed at $45.23 . Company price to sales ratio in past twelve months was calculated as 4.13 and price to cash ratio as 9.41. Lululemon Athletica inc. (NASDAQ:LULU) showed a negative weekly performance of -7.83%.
Stock analysts at RBC Capital decreased their price objective on shares of Sirius XM Holdings Inc (NASDAQ:SIRI) from $4.00 to $3.50 in a report issued on Monday, Analyst RN reports. RBC Capital’s price target points to a potential upside of 14.01% from the company’s current price. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares fell -1.60% in last trading session and ended the day on $3.07. SIRI return on equity ratio is recorded as 15.70% and its return on assets is 5.60%. Sirius XM Holdings Inc. (NASDAQ:SIRI) yearly performance is -1.60%.
Fusion-IO, Inc. (NYSE:FIO) announced its financial results for its fiscal third quarter ended March 31, 2014. The company reported revenue of $100.5 million for the fiscal third quarter of 2014, compared to $87.7 million for the same quarter of 2013. Net loss for the fiscal third quarter of 2014 was $30.7 million, or a net loss per diluted share of $0.29, compared to a net loss of $20.0 million, or a net loss per diluted share of $0.21, in the fiscal third quarter of 2013. Gross margin for the fiscal third quarter of 2014 was 51.0%. Operating margin for the fiscal third quarter of 2014 was a negative 30.1%. Fusion-IO, Inc. (NYSE:FIO) shares moved down -2.09% in last trading session and was closed at $8.42 while trading in range of $8.04 – $8.71 – Fusion-IO, Inc. (NYSE:FIO) year to date (YTD) performance is -5.50%.
LinkedIn Corp (NYSE:LNKD) is expected to release its earnings reports on May 01, after market close. LinkedIn Corp (NYSE:LNKD) is expected to post a profit of $0.34 a share, a $0.11 (24.4%) decline from the company’s actual earnings for the same quarter a year ago. LinkedIn Corp (NYSE:LNKD) weekly performance is -16.30%. On last trading day company shares ended up $148.06. LinkedIn Corp (NYSE:LNKD) distance from 50-day simple moving average (SMA50) is 21.53%. Analysts mean target price for the company is $249.37.
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