Allergan, Inc. (NYSE:AGN) acknowledged that Valeant Pharmaceuticals International, Inc. (“Valeant”) and Pershing Square Capital Management, L.P. (“Pershing Square”) have made a second revised, unsolicited proposal to acquire all of the outstanding shares of the Company for a combination of 0.83 of Valeant common shares, $72.00 in cash per share of common stock of the Company, and a Contingent Value Right (CVR) related to DARPin® sales (the “Re-Revised Proposal”). Allergan, Inc. (NYSE:AGN) net profit margin is 18.50% and weekly performance is 2.17%. On last trading day company shares ended up $167.46. Analysts mean target price for the company is $184.00. Allergan, Inc. (NYSE:AGN) distance from 50-day simple moving average (SMA50) is 14.74%.
Valeant Pharmaceuticals International Inc. (NYSE:VRX) has sweetened its offer for Botox maker Allergan Inc. (NYSE:AGN) for the second time in less than a week. The company said Friday it will pay US$72 in cash and 0.83 of a Valeant share for each Allergan share under the offer, which is contingent on “good faith negotiations” of a merger agreement. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) shares advanced 1.54% in last trading session and ended the day on $131.21. Gross Margin is 67.80% and its return on assets is -3.30%. Valeant Pharmaceuticals Intl Inc (NYSE:VRX) quarterly performance is -9.42%.
On May 30, Analysts at Roth Capital decreased their price target on shares of Quiksilver Inc (NYSE:ZQK) from $8.00 to $7.00 in a research report issued to clients and investors on Wednesday. Roth Capital’s price objective would suggest a potential upside of 13.82% from the stock’s previous close. Quiksilver, Inc. (NYSE:ZQK) shares moved down -3.41% in last trading session and was closed at $5.94, while trading in range of $5.88 – $6.22. Quiksilver, Inc. (NYSE:ZQK) year to date (YTD) performance is -32.27%.
On May 28, Krispy Kreme Doughnuts, Inc. (NYSE:KKD) announced the appointment of Cathleen D. Allred as Senior Vice President — Human Resources and Organizational Development. Reporting to President and CEO Tony Thompson, Ms. Allred will succeed Ken Hudson, who recently announced plans to retire. Ms. Allred assumes her new role immediately. Krispy Kreme Doughnuts (NYSE:KKD) ended the last trading day at $18.84. Company weekly volatility is calculated as 2.03% and price to cash ratio as 22.04. Krispy Kreme Doughnuts (NYSE:KKD) showed a positive weekly performance of 1.24%.
Conn’s, Inc. (NASDAQ:CONN) a specialty retailer of furniture, mattresses, home appliances, consumer electronics and provider of consumer credit, announced its financial results for the first quarter ended April 30, 2014. Total retail revenues increased $68.3 million, or 32.6% to $278.1 million for the quarter ended April 30, 2014. The revenue growth reflects the impact of the net addition of nine stores over the past 12 months as well as a 15.6% increase in same store sales. The company’s decision to discontinue sales of lower-margin lawn equipment in January reduced the reported year-over-year sales increase. Sales of lawn equipment were $4.8 million in the first quarter of fiscal 2014. CONN’S, Inc. (NASDAQ:CONN) net profit margin is 7.80% and weekly performance is 4.01%. On last trading day company shares ended up $46.64. Analysts mean target price for the company is $59.25. CONN’S, Inc. (NASDAQ:CONN) distance from 50-day simple moving average (SMA50) is 12.55%.
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