ConAgra Foods Inc (NYSE:CAG), was downgraded by equities researchers at KeyCorp from a “buy” rating to a “hold” rating in a research report issued on Wednesday. ConAgra Foods Inc (NYSE:CAG), net profit margin is 5.40% and weekly performance is -5.46%. On last trading day company shares ended up $30.47. Analysts mean target price for the company is $32.66. ConAgra Foods Inc (NYSE:CAG), distance from 50-day simple moving average (SMA50) is -2.77%.
NGL Energy Partners LP (NYSE:NGL), announced it has priced its underwritten public offering of 8,000,000 common units representing limited partner interests at $43.85 per common unit. NGL also granted the underwriters a 30-day option to purchase up to 1,200,000 additional common units. The offering is expected to close on June 23, 2014, subject to customary closing conditions. NGL intends to use the net proceeds from this offering, including any net proceeds from the underwriters’ exercise of their option to purchase additional common units, to repay indebtedness and for general partnership purposes, including capital expenditures and potential acquisitions. NGL Energy Partners LP (NYSE:NGL), fell 6.94% in last trading session and ended the day on $42.50. NGL, Gross Margin is 5.80% and its return on assets is 1.00%. NGL Energy Partners LP (NYSE:NGL), quarterly performance is 19.85%.
La-Z-Boy Incorporated (NYSE:LZB), reported its operating results for the fiscal 2014 full year and fourth quarter ended April 26, 2014. For the fiscal 2014 fourth quarter, sales in the company’s upholstery segment increased 2.3% to $285.7 million from $279.3 million in the prior year’s fourth quarter. The operating margin for the quarter was 10.9% compared with 11.0% in last year’s fourth quarter. In the casegoods segment, sales for the fiscal 2014 fourth quarter were $27.2 million, down 5.0% from $28.7 million in the fiscal 2013 fourth quarter, and the operating margin for the segment was 5.1% versus 5.4% in last year’s fourth quarter. Due to the company’s announcement that it is marketing Lea Industries for sale, the reported results reflect the treatment of Lea as a discontinued operation. La-Z-Boy Incorporated (NYSE:LZB), shares moved down 8.05% in last trading session and was closed at $22.84, while trading in range of $22.25 – 23.09. La-Z-Boy Incorporated (NYSE:LZB), year to date (YTD) performance is 11.69%.
Verso Paper Corp. (NYSE:VRS), announced that the New York Stock Exchange has notified Verso that we have achieved early compliance with the NYSE’s market capitalization continued listing standard. The NYSE requires, among other things, that Verso maintain an average market capitalization over a consecutive 30 trading-day period of at least $50 million. Verso Paper Corp. (NYSE:VRS), ended the last trading day at $2.00. Company weekly volatility is calculated as 8.60% and price to cash ratio as 25.40. Verso Paper Corp. (NYSE:VRS), showed a negative weekly performance of 18.03%.
Equities research analysts at Goldman Sachs initiated coverage on shares of Leju Holdings Ltd (ADR) (NYSE:LEJU), in a research note issued to investors on Friday. The firm set a “buy” rating on the stock. Leju Holdings Ltd (ADR) (NYSE:LEJU), net profit margin is 10.20% and weekly performance is -14.10%. On last trading day company shares ended up $9.93. Analysts mean target price for the company is $15.93. Leju Holdings Ltd (ADR) (NYSE:LEJU), distance from 50-day simple moving average (SMA50) is -10.58%.
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