Michael Kors Holdings Limited Ltd (NYSE:KORS) a global luxury lifestyle brand, today announced its financial results for the fourth quarter and fiscal year ended March 29, 2014. Gross profit increased 54.2% to $549.4 million, and as a percentage of total revenue increased to 59.9% compared to 59.7% in the fourth quarter of fiscal 2013. Michael Kors Holdings Ltd (NYSE:KORS) stock opened today at $95.04 and is currently trading at $95.42. The stock showed a positive weekly performance of 2.89%.
Toll Brothers Inc. (NYSE:TOL) reported that profit more than doubled, while Michael Kors Holdings Ltd. posted better-than-expected earnings. The market was also buzzing with deal news as Valeant Pharmaceuticals Inc. lifted its offer for Allergan Inc. Toll Brothers Inc (NYSE:TOL) stock opened at $36.90, in current trading session and currently is at $36.79, by gaining 3.34%. The 52 week range is $29.64 – $39.95. Company’s market capitalization is $6.53 billion.
Workday Inc (NYSE:WDAY) announced an upbeat forecast for the second quarter as well as a full year that topped the estimations. The company also disclosed financial results for the first quarter that came in above the Wall Street analysts’ expectations. Workday Inc (NYSE:WDAY) stock is currently trading at $81.02. The EPS of the stock is -1.00. Company’s market capitalization is $14.83 billion.
Ruckus Wireless, Inc. (NYSE:RKUS) announced that Boingo Wireless, the leading DAS and Wi-Fi provider that serves consumers, carriers and advertisers worldwide, is deploying thousands of its indoor and outdoor Smart Wi-Fi access points across dozens of United States Army, Air Force and Marine Corps bases. Ruckus Wireless Inc (NYSE:RKUS) stock opened the session at $10.76, and now is at $10.57. The 52 week range of the stock remained $8.65 – $18.58 and the day range was $10.50 – $10.82.
Randgold Resources Limited (ADR) (NASDAQ:GOLD)’s stock had its “sector perform” rating reaffirmed by investment analysts at RBC Capital in a note issued to investors on Wednesday. They currently have a GBX 5,200 ($87.53) target price on the stock. RBC Capital’s target price would indicate a potential upside of 17.43% from the company’s current price. Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) stock opened today at $74.51 and is currently trading at $ 74.30. The stock showed a negative weekly performance of -2.38%.
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