Research analysts at RBC Capital increased their price target on shares of Oracle Corporation (NASDAQ:ORCL) from $35.00 to $40.00 in a report released on Monday. The firm currently has a “sector perform” rating on the stock. RBC Capital’s target price would suggest a potential downside of 5.08% from the company’s current price. Oracle Corporation (NYSE:ORCL) net profit margin is 29.30% and weekly performance is -1.15%. On last trading day company shares ended up $42.14. Analysts mean target price for the company is $43.10. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 2.57%.
Dish Network Corp. (NASDAQ:DISH) has announced a plan to launch a streaming TV video service early in 2015 following a landmark deal with The Walt Disney Co. (NYSE: DIS) that would include Disney’s children’s programming and its ESPN sports networks. The service may also include access to Netflix Inc.’s (NASDAQ: NFLX) and other streaming video services. Details and pricing are still being worked out. DISH Network Corp (NASDAQ:DISH) shares fell -0.14% in last trading session and ended the day on $58.96. Dish Gross Margin is 26.00% and its return on assets is 6.30%. DISH Network Corp (NASDAQ:DISH) quarterly performance is -4.25%.
Rite Aid Corporation (NYSE:RAD) Camp Hill, has hired Matt Lynch as senior vice president and chief information officer. He had been senior vice president and chief information officer for Dick’s Sporting Goods. Rite Aid Corporation (NYSE:RAD) shares moved down -1.77% in last trading session and was closed at $7.21, while trading in range of $7.20 – $7.36. Rite Aid Corporation (NYSE:RAD) year to date (YTD) performance is 42.49%.
Verint Systems Inc. (NASDAQ:VRNT) announced that it has agreed to sell, at a public offering price of $47.75 per share, an aggregate of 5,000,000 shares of its common stock. Verint Systems Inc. (NASDAQ:VRNT) ended the last trading day at $49.22. Company weekly volatility is calculated as 2.68% and price to cash ratio as 11.92. Verint Systems Inc. (NASDAQ:VRNT) showed a negative weekly performance of -3.77%.
SunEdison, Inc. (NYSE: SUNE), announced that, at its May 29, 2014 Annual Meeting, its stockholders voted to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the number of the Company’s authorized shares of common stock issuable from 300,000,000 to 700,000,000. The increase in authorized shares of common stock will allow the Company to satisfy issuances under future equity-based awards as well as issuances required upon conversion of the Company’s 2.00% Convertible Senior Notes Due 2018 (the “2018 Notes”) and the Company’s 2.75% Convertible Senior Notes Due 2021 (the “2021 Notes”). Sunedison Inc (NYSE:SUNE) net profit margin is -53.00% and weekly performance is -1.17%. On last trading day company shares ended up $19.39. Analysts mean target price for the company is $23.09. Sunedison Inc (NYSE:SUNE) distance from 50-day simple moving average (SMA50) is 3.02%.
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