The Container Store Group, Inc. (NYSE:TCS) announced financial results for the fourth quarter and fiscal year ended March 1, 2014. Additionally, the storage and organization retailer raised guidance for its new store growth. Chairman and CEO Kip Tindell also took the opportunity to highlight the company’s financial performance, competitive advantages, key differentiators and the launch of new programs – POP! Customer engagement program and ATHOME personalized organization services. Container Store Group Inc. (NYSE:TCS) shares after opening at $27.08 moved to $29.63 on last trade day and at the end of the day closed at $28.50. Company price to sales ratio in past twelve months was calculated as 1.82 and price to cash ratio as 126.46. Container Store Group Inc. (NYSE:TCS) showed a negative weekly performance of -9.35%.
Roger Entner, an analyst with Recon Analytics, says in-flight internet provider Gogo Inc. (NASDAQ:GOGO) is on the cusp of making a profit after becoming the sole survivor in the space. Its dominance is being threatened by AT&T which said in a statement it’s introducing 4G LTE wireless internet access to commercial flights with help from Honeywell International as soon as late 2015. Entner says Gogo has signed 10-year contracts with airlines, which will be expiring in a few years, by which time AT&T will have built out its own network and may put Gogo’s position in jeopardy. Entner speaks with Bloomberg’s Kathleen Hays and Vonnie Quinn on Bloomberg Radio’s “The Hays Advantage”. Gogo Inc. (NASDAQ:GOGO) shares fell -28.61% in last trading session and ended the day on $13.12. GOGO return on equity ratio is recorded as -183.40% and its return on assets is -28.50%.
Orbital Sciences Corp. (NYSE:ORB) has agreed to merge with ATK‘s aerospace and defence groups in an approximately $5B transaction to create a combined company that will operate as Orbital ATK once the deal completes. Orbital Sciences Corp (NYSE:ORB) shares moved up 16.52% in last trading session and was closed at $30.96, while trading in range of $29.76 – $34.16. Orbital Sciences Corp (NYSE:ORB) year to date (YTD) performance is 32.88%.
Volcano Corporation (NASDAQ:VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, announced that it will report its operating results for the first quarter of fiscal 2014 on Friday, May 2. Volcano Corporation (NASDAQ:VOLC) weekly performance is -7.35%. On last trading day company shares ended up $17.40. Volcano Corporation (NASDAQ:VOLC) distance from 50-day simple moving average (SMA50) is -15.91%. Analysts mean target price for the company is $22.82.
Leave a Reply