Brazil’s Gafisa SA (NYSE:GFA), one of the largest real-estate firms in Brazil in terms of revenues, posted a net loss in the first quarter, as revenues dropped in the period, mainly in its low-income division called Tenda. Gafisa posted on 12 may, a loss of 39.8 million Brazilian reais ($17.8 million) in the first-quarter, compared with a loss of BRL55.47 million in the year-before period. The Tenda division posted a loss of 37.46 million in the period, the company said in a statement over the weekend. Gafisa SA (ADR) (NYSE:GFA) net profit margin is 32.80% and weekly performance is -5.99%. On last trading day company shares ended up $2.98. Analysts mean target price for the company is $5.00. Gafisa SA (ADR) (NYSE:GFA) distance from 50-day simple moving average (SMA50) is -6.13%.
Gigamon Inc. (NYSE:GIMO) a leader in traffic visibility solutions with the innovative Visibility Fabric™ architecture, announced that its management team will be participating in the Bank of America Merrill Lynch Global Technology Conference San Francisco, CA June 3, 2014 Presentation Time: 5:50 pm ET/2:50 pm PT. Gigamon Inc. (NYSE:GIMO) shares fell -7.50% in last trading session and ended the day on $17.01. GIMO gross Margin is 76.70% and its return on assets is -13.90%.Gigamon Inc. (NYSE:GIMO) quarterly performance is -46.10%.
ChannelAdvisor Corp (NASDAQ:ECOM) had its target price cut by Goldman Sachs from $38.00 to $30.00 in a report issued on Thursday. ChannelAdvisor Corp (NYSE:ECOM) shares moved down -6.41% in last trading session and was closed at $20.74, while trading in range of $20.07 – $22.21. ChannelAdvisor Corp (NYSE:ECOM) year to date (YTD) performance is -50.28%.
Making news after hours was Annie Inc. (NYSE:BNNY), whose shares fell 17% after its fourth-quarter earnings report missed the mark. The maker of organic food products, including mac and cheese, said sales increased 16%, to $60.1 million, short of estimates at $61.1 million, and EPS was up from $0.27 to $0.29, missing expectations at $0.34. Annies Inc. (NYSE:BNNY) ended the last trading day at $32.72. Company weekly volatility is calculated as 5.93% and price to cash ratio as 185.41.Annies Inc. (NYSE:BNNY) showed a positive weekly performance of 0.55%.
Cliffs Natural Resources Inc. (NYSE:CLF) and Casablanca Capital can continue trading barbs for months, but neither side can likely combat the effect of soft commodity prices that are at the heart of the decline in CLF’s’ stock price, Barron’s Teresa Rivas writes. Cliffs Natural Resources Inc. (NYSE:CLF) net profit margin is 5.10% and weekly performance is -5.08%. On last trading day company shares ended up $15.68. Analysts mean target price for the company is $18.00. Cliffs Natural Resources Inc. (NYSE:CLF) distance from 50-day simple moving average (SMA50) is -14.18%.