Losers on Major news: American Apparel Inc (NYSEMKT: APP), The Walt Disney Company (NYSE:DIS), Micron Technology (NASDAQ:MU), General Electric Company (NYSE:GE), Apple (NASDAQ:AAPL)

American Apparel Inc (NYSEMKT: APP) announced that it had hired the investment-banking advisory firm Peter J. Solomon Co. to ensure that it has “adequate access to capital in the future at a reasonable cost.” American Apparel Inc (NYSEMKT: APP) net profit margin is -10.30% and weekly performance is 8.39%. On last trading day company shares ended up $0.672. Analysts mean target price for the company is $1.18. American Apparel Inc (NYSEMKT: APP) distance from 50-day simple moving average (SMA50) is 8.46%.

On 30 MAY The Walt Disney Company (NYSE:DIS) reported $1.11 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.16. The company had revenue of $11.65 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the prior year, the company posted $0.79 earnings per share. The company’s quarterly revenue was up 10.4% on a year-over-year basis. On average, analysts predict that The Walt Disney Company will post $4.19 earnings per share for the current fiscal year. The Walt Disney Company (NYSE:DIS) shares fell -0.07% in last trading session and ended the day on $82.76. DIS Gross Margin is 22.90% and its return on assets is 8.50%. The Walt Disney Company (NYSE:DIS) quarterly performance is 4.11%.

Micron Technology, Inc. (NASDAQ:MU) announced results of operations for its third quarter of fiscal 2014, which ended May 29, 2014. Revenues for the third quarter of fiscal 2014 were $3.98 billion and were 3 percent lower compared to the second quarter of fiscal 2014 and 72 percent higher compared to the third quarter of fiscal 2013. Micron Technology, Inc. (NASDAQ:MU) shares moved down -1.85% in last trading session and was closed at $31.26, while trading in range of $31.25 – $32.30. Micron Technology, Inc. (NASDAQ:MU) year to date (YTD) performance is 43.72%.

General Electric Company (NYSE:GE) said it has been given the green light to buy Alstom’s energy business for an estimated $17 billion. The deal will give GE wider access to power plants in Asia and Africa, with Alstom getting a stronger footing in the US railroad business. General Electric Company (NYSE:GE) ended the last trading day at $26.68. Company weekly volatility is calculated as 1.12% and price to cash ratio as 3.08. General Electric Company (NYSE:GE) showed a positive weekly performance of 0.30%

Apple Inc. (NASDAQ:AAPL) said it is getting ready to join Google Inc., Samsung Electronics Co. and a number of startups by unveiling several versions of its smartwatch — which is being referred to as the iWatch — later in 2014. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is -1.49%. On last trading day company shares ended up $90.83. Analysts mean target price for the company is $94.45. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 6.27%.

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