Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) announced the appointment of Hugh M. Cole to the position of senior vice president and chief business officer. Mr. Cole will be responsible for global business and corporate development, licensing and strategic planning. He will report to ARIAD’s chairman and chief executive officer, Harvey J. Berger, M.D. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares after opening at $7.30 moved to $7.39 on last trade day and at the end of the day closed at $7.09. Company price to sales ratio in past twelve months was calculated as 28.97 and price to cash ratio as 5.57. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) showed a negative weekly performance of -1.53%.
Hercules Offshore, Inc. (NASDAQ:HERO) hit the motherlode with its first quarter earnings report for 2014. The earnings beat analyst estimates, but that’s not what investors were cheering about afterwards. The key aspect was the positive outlook for continued exploration and drilling in the Gulf of Mexico. Hercules Offshore, Inc. (NASDAQ:HERO) shares advanced 3.92% in last trading session and ended the day on $4.51. HERO return on equity ratio is recorded as -7.60% and its return on assets is -3.10%. Hercules Offshore, Inc. (NASDAQ:HERO) yearly performance is -35.66%.
Cirrus Logic Inc (NASDAQ:CRUS) announced its earnings results on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.09,Analyst RN reports. The company had revenue of $149.70 million for the quarter, compared to the consensus estimate of $143.01 million. Cirrus Logic, Inc. (NASDAQ:CRUS) shares moved up 4.85% in last trading session and was closed at $21.63, while trading in range of $21.20 – $21.94. Cirrus Logic, Inc. (NASDAQ:CRUS) year to date (YTD) performance is 5.87%.
Equities research analysts at Barclays dropped their price objective on shares of EXCO Resources Inc (NYSE:XCO) from $5.00 to $4.50 in a research note issued to investors on Wednesday, Analyst Ratings News reports. The firm currently has an “underweight” rating on the stock. Barclays’ price target would indicate a potential downside of 24.24% from the company’s current price. EXCO Resources Inc. (NYSE:XCO) weekly performance is -5.13%. On last trading day company shares ended up $5.92. EXCO Resources Inc. (NYSE:XCO) distance from 50-day simple moving average (SMA50) is 9.38%. Analysts mean target price for the company is $4.43.
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