Microsoft Corporation (NASDAQ:MSFT) claims that it has not lowered its suggested retail price and that the Walmart and Best Buy price cuts are special promotions offered by the two retailers. A Microsoft spokesman also said the company did not lower its wholesale price to either Walmart or Best Buy. According to nowinstock.com, the $449 bundle is out-of-stock at Walmart, but according to Engadget.com the discounted price is applied at checkout time. The price also applies to the bundle purchased at the physical store. Microsoft Corporation (NASDAQ:MSFT) shares after opening at $40.66 moved to $40.99 on last trade day and at the end of the day closed at $40.34. Company price to sales ratio in past twelve months was calculated as 4.03 and price to cash ratio as 4.01. Microsoft Corporation (NASDAQ:MSFT) showed a positive weekly performance of 2.00%.
Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $10.35, for a total transaction of $155,250.00. Following the transaction, the vice president now directly owns 292,625 shares in the company, valued at approximately $3,028,669. The sale was disclosed in a filing with the SEC. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares advanced 2.00% in last trading session and ended the day on $10.46. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.70%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 81.60%.
Research analysts at Nomura assumed coverage on shares of Lam Research Corp. (NASDAQ:LRCX) in a report released on Thursday,TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $65.00 price target on the stock. Nomura’s price target would indicate a potential upside of 15.31% from the stock’s previous close.Lam Research Corporation (NASDAQ:LRCX) shares moved up 0.34% in last trading session and was closed at $56.59, while trading in range of $56.28-$57.16. Lam Research Corporation (NASDAQ:LRCX) year to date performance is 3.93%.
Equities researchers at SunTrust assumed coverage on shares of Spirit Airlines (NASDAQ:SAVE) in a research report issued on Monday,TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock. Spirit Airlines Incorporated (NASDAQ:SAVE) weekly performance is -2.00%. On last trading day company shares ended up $61.79. Spirit Airlines Incorporated (NASDAQ:SAVE) distance from 50-day simple moving average is 17.74%. Analysts mean target price for the company is $63.79.