Hillshire Brands Co (NYSE:HSH) said it strongly believes in its deal with Pinnacle Foods but would review Pilgrim’s offer. In its latest statement, the Chicago-based company said it would review Tyson’s offer as well and made no mention of its Pinnacle deal. Hillshire Brands Co (NYSE:HSH) net profit margin is 5.70% and weekly performance is 47.46%. On last trading day company shares ended up $52.76. Analysts mean target price for the company is $39.83. Hillshire Brands Co (NYSE:HSH) distance from 50-day simple moving average (SMA50) is 43.90%.
On 28 MAY Tyson Foods, Inc. (NYSE:TSN) has reached an agreement with Renewable Energy Group Inc (NASDAQ:REGI) for the Dynamic Fuels LLC. According to the agreement Tyson Foods, Inc. (NYSE:TSN)’s 50% ownership position in Dynamic Fuels, will be acquired by Renewable Energy Group (NASDAQ:REGI).Tyson Foods, Inc. (NYSE:TSN) shares advanced 6.13% in last trading session and ended the day on $43.25. TSN Gross Margin is 7.60% and its return on assets is 8.10%. Tyson Foods, Inc. (NYSE:TSN) quarterly performance is 11.35%.
Abercrombie & Fitch Co. (NYSE:ANF) reported Q1 EPS of ($0.17), $0.02 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $822 million versus the consensus estimate of $797.86 million. Abercrombie & Fitch Co. (NYSE:ANF) shares moved up 5.75% in last trading session and was closed at $37.14, while trading in range of $36.35 – $37.75. Abercrombie & Fitch Co. (NYSE:ANF) year to date (YTD) performance is 13.44%.
Palo Alto Networks Inc (NYSE:PANW) expected to increase handsomely, rising by 44.4% year-over-year (YoY). Palo Alto Networks Inc (NYSE:PANW)’s consensus revenue estimate for Q3 is $146.22 million, which is considerably more than last year’s $101.29 million. Palo Alto Networks Inc (NYSE:PANW) ended the last trading day at $73.17. Company weekly volatility is calculated as 5.29% and price to cash ratio as 12.37. Palo Alto Networks Inc (NYSE:PANW) showed a positive weekly performance of 15.19%.
Apple Inc. (NASDAQ:AAPL) has confirmed that it is acquiring headphone maker Beats Electronics for $3 billion. Earlier this month, when rumors about the acquisition first surfaced, the figure was reported to be $3.2 billion, but Apple Inc. (NASDAQ:AAPL) is actually paying just a tad less: $2.6 billion in cash and $400 million in equity. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 4.79%. On last trading day company shares ended up $635.38. Analysts mean target price for the company is $628.33. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 13.42%.