Bank of America cut shares of Renren Inc (NASDAQ:RENN) to an underperform rating in a research note issued to investors on Thursday. Bank of America has also modified their ratings on a number of other financials stocks in the few days. The firm upgraded shares of Enerplus Corp from a neutral rating to a buy rating. Renren Inc (NYSE:RENN) net profit margin is 40.70% and weekly performance is 3.65%. On last trading day company shares ended up $3.41. Analysts mean target price for the company is $2.78. Renren Inc (NYSE:RENN) distance from 50-day simple moving average (SMA50) is 2.54%.
Image Entertainment, an RLJ Entertainment Inc (NASDAQ:RLJE) brand, brings you Devil’s Knot, available on Blu-ray, DVD and Digital Download on June 10, 2014. Based on the true story of the West Memphis Three, the film is directed by Academy Award Nominated Director Atom Egoyan (The Sweet Hereafter) and stars Academy Award Winners Colin Firth (The King’s Speech) and Reese Witherspoon (Walk the Line) as well as Academy Award Nominee Amy Ryan (Gone Baby Gone), Golden Globe Nominee Mireille Enos (AMC’s “The Killing”) and Stephen Moyer (HBO’s “True Blood”). RLJ Entertainment Inc (NASDAQ:RLJE) shares fell -4.00% in last trading session and ended the day on $3.36. RLJE Gross Margin is 19.50% and its return on assets is -23.70%. RLJ Entertainment Inc (NASDAQ:RLJE) quarterly performance is -24.32%.
A Louisiana-Pacific Corp. (NYSE:LPX) official said that it is “absolutely not true” illegal aliens are working in the company’s LaSalle Parish plywood and particleboard plants. Louisiana-Pacific Corporation (NYSE:LPX) shares moved up 1.73% in last trading session and was closed at $14.67, while trading in range of $14.34 – $14.90. Louisiana-Pacific Corporation (NYSE:LPX) year to date (YTD) performance is -20.75%.
BlueLinx Holdings Inc. (NYSE:BXC) sold its distribution center in Portland, Ore., for $7.2 million. In a filing with the Securities and Exchange Commission, the Atlanta-based building products distributor said the sale of the 109,100-square-foot center will lead to a $4.9 million gain as a reduction of operating expense. It will use the proceeds from the sale to pay down debt. BlueLinx Holdings Inc. (NYSE:BXC) ended the last trading day at $1.36. Company weekly volatility is calculated as 5.36% and price to cash ratio as 15.70. BlueLinx Holdings Inc. (NYSE:BXC) showed a positive weekly performance of 8.80%.
Huttig Building Products Inc. (NASDAQ:HBP) again listed its stock in December after a six-year hiatus. Quinpario Acquisition Corp. and World Point Terminals LP were listed last year. Too late to make this year’s rankings, SunEdison Semiconductor Ltd. made its public debut last week. Huttig Building Products Inc (NASDAQ:HBP) net profit margin is 0.20% and weekly performance is -0.22%. On last trading day company shares ended up $4.45. Analysts mean target price for the company is $3.00. Huttig Building Products Inc (NASDAQ:HBP) distance from 50-day simple moving average (SMA50) is -3.08%.