American International Group, Inc. (NYSE:AIG) was upgraded to “Buy” at Goldman Sachs, as the firm believes AIG is making excess capital that it can use to for investment in the company or for buybacks. American International Group Inc. (NYSE:AIG) net profit margin is 12.30% and weekly performance is 0.22%. On last trading day company shares ended up $53.51. Analysts mean target price for the company is $56.60. American International Group Inc. (NYSE:AIG) distance from 50-day simple moving average (SMA50) is 4.92%.
Tiffany & Co. (NYSE:TIF) reported $1 billion in first quarter revenue, beating the analysts’ consensus figure of $953 million and a 13 percent jump compared to the same quarter in 2013. On a constant currency basis, the jeweler said its worldwide net sales increased 15 percent and its same-store sales increased 11 percent for the quarter. Tiffany & Co. (NYSE:TIF) shares advanced 9.15% in last trading session and ended the day on $96.30. TIF gross Margin is 58.10% and its return on assets is 3.80%.Tiffany & Co. (NYSE:TIF) quarterly performance is 8.07%.
Cadence Design Systems (NASDAQ:CDNS) SVP Martin Lund sold 10,605 shares of the company’s stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $16.24, for a total value of $172,225.20. Following the transaction, the senior vice president now directly owns 125,247 shares of the company’s stock, valued at approximately $2,034,011. Cadence Design Systems Inc. (NASDAQ:CDNS) shares moved up 1.53% in last trading session and was closed at $16.54, while trading in range of $16.30 – $16.62. Cadence Design Systems Inc. (NASDAQ:CDNS) year to date (YTD) performance is 17.97%.
Reynolds American Inc. is in active discussions to buy Lorillard Inc. (NYSE:LO) in a complicated, three-way transaction that could see British American Tobacco PLC (BAT) take a major role to back a potential merger, according to Reuters, citing people familiar with the matter. Lorillard Inc. (NYSE:LO) ended the last trading day at $62.63. Company weekly volatility is calculated as 3.95% and price to cash ratio as 12.39.Lorillard Inc. (NYSE:LO) showed a positive weekly performance of 8.38%.
Altria Group Inc. (NYSE:MO) expects its business momentum to continue on the back of its premium brands Marlboro and Camel. At its annual meeting, the company has reaffirmed its earnings guidance in the range of $2.52 to $2.59, up 6% to 9% from $2.38 in 2013. The Zacks Consensus Estimate is pegged at $2.56 for the fiscal 2014.Altria Group Inc. (NYSE:MO) net profit margin is 17.60% and weekly performance is 0.77%. On last trading day company shares ended up $40.64. Analysts mean target price for the company is $39.33. Altria Group Inc. (NYSE:MO) distance from 50-day simple moving average (SMA50) is 6.01%.
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