Krispy Kreme Doughnuts (NYSE:KKD) slumped 15 percent after the company cut its earnings forecast for the year, citing higher costs and fewer sales than previously estimated. Krispy Kreme Doughnuts (NYSE:KKD) net profit margin is 7.50% and weekly performance is -15.19%. On last trading day company shares ended up $16.19. Analysts mean target price for the company is $25.57. Krispy Kreme Doughnuts (NYSE:KKD) distance from 50-day simple moving average (SMA50) is -9.57%.
In an attempt to curry favour with regulators, AT&T Inc. (NYSE:T) said Tuesday if it’s allowed to buy DirecTV, it will be able to afford an expansion of fiber connections into more homes to boost their Internet connection speeds. AT&T Inc. (NYSE:T) shares fell -0.68% in last trading session and ended the day on $35.20. T gross Margin is 59.80% and its return on assets is 6.60%.AT&T Inc. (NYSE:T) quarterly performance is 10.94%.
Pilgrim’s Pride Corporation (NASDAQ:PPC) raised its bid for Hillshire to $55 a share, $5 more than Tyson offered last week. Hillshire’s closing stock price of more than $58 is a sign that investors believe Pilgrim’s Pride and Tyson are willing to offer more for the company. Pilgrim’s Pride Corporation (NASDAQ:PPC) shares moved down -2.24% in last trading session and was closed at $25.34, while trading in range of $25.30 – $25.89. Pilgrim’s Pride Corporation (NASDAQ:PPC) year to date (YTD) performance is 55.94%.
Microsoft Corporation (NASDAQ:MSFT) in partnership with the Ministry of Education (MoE) and the ICT branch of the MOE, created a new level playing field for Sri Lanka, with their initiative ‘The Smart Circle for Safe Web Learning’ introduced at a recently held forum at Waters Edge. The Forum was to make educators and students aware of how to smartly use the hardware and software resources made available to thousands of students in the country’s urban and rural areas. Microsoft Corporation (NASDAQ:MSFT) ended the last trading day at $40.29. Company weekly volatility is calculated as 1.18% and price to cash ratio as 3.78.Microsoft Corporation (NASDAQ:MSFT) showed a positive weekly performance of 0.25%.
Deutsche Telekom AG (ADR) (OTCMKTS:DTEGY) has closed its acquisition of Eastern European telecoms operator GTS, it announced on Monday. On last trading day company shares ended up $16.77.
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