On 15 MAY 2014 bebe stores, inc. (NASDAQ:BEBE) reported its Q3 fiscal 2014 results on May 8, 2014. Net sales were down 17.2% to $93.5 million from $112.9 million in the prior-year quarter. Comparable store sales for the quarter ended Apr 5, 2014, fell about 5.7%.bebe stores, inc. (NASDAQ:BEBE) net profit margin is -17.80% and weekly performance is -10.12%. On last trading day company shares ended up $4.62. Analysts mean target price for the company is $7.10. bebe stores, inc. (NASDAQ:BEBE) distance from 50-day simple moving average (SMA50) is -22.30%.
Support.com, Inc. (NASDAQ:SPRT) total revenue for the first quarter of 2014 decreased 8% year-over-year. Cost of services for the first quarter of 2014 increased 39% year-over-year. Operating expenses for the three months ended March 31, 2014 decreased 32% from the same period in 2013, primarily driven by lower sales and marketing expense related to end-user software products as a result of our decision to discontinue our largest advertising placements in the second half of 2013.Support.com, Inc. (NASDAQ:SPRT) shares fell -1.78% in last trading session and ended the day on $2.21.SPRT Gross Margin is 44.60% and its return on assets is 9.50%. Support.com, Inc. (NASDAQ:SPRT) quarterly performance is -10.16%.
On 14 may 2014 Guanwei Recycling Corp. (NASDAQ:GPRC) in generating lower year over year comparisons in its first quarter ended March 31, 2014. While the Company saw prices for its manufactured LDPE continue to advance moderately in the 2014 first quarter, sales volume declined approximately 22% year over year, leading to a 20.6% year over year decrease in first quarter revenues to $11,780,338. This was coupled with an increase in the cost of manufacturing to 85.93% of net revenue from 73.86% in the first quarter last year which, combined with lower sales, resulted in a 68.04% year over year reduction in 2014 first quarter net income to $756,066.Guanwei Recycling Corp. (NASDAQ:GPRC) shares moved down -16.97% in last trading session and was closed at $1.37, while trading in range of $1.27 – $1.70. Guanwei Recycling Corp. (NASDAQ:GPRC) year to date (YTD) performance is -52.43%.
Sorrento Therapeutics Inc (NASDAQ:SRNE) announced the pricing of an underwritten public offering of 4,765,000 shares of common stock at a public offering price of $5.25 per share. The gross proceeds to Sorrento from this offering are expected to be approximately $25,000,000, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. Sorrento has granted the underwriters a 45-day option to purchase up to an aggregate of 714,750 additional shares of its common stock to cover over-allotments, if any. The offering is expected to close on or about May 20, 2014, subject to customary closing conditions. Sorrento Therapeutics Inc (NASDAQ:SRNE) ended the last trading day at $5.00. Company weekly volatility is calculated as 8.57% and price to cash ratio as 3.64. Sorrento Therapeutics Inc (NASDAQ:SRNE) showed a negative weekly performance of -37.42%.
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