The owner, operator and franchisor of hairstyling and hair-care salons Regis Corporation (NYSE:RGS) second-quarter fiscal 2014 adjusted loss of 4 cents per share compared unfavorably with the Zacks Consensus Estimate of earnings of a penny due to lower than expected same-store sales. Loss during in the quarter also compared unfavorably with earnings of 3 cents in the year-ago quarter. The loss was due to the decline in comparable store sales and lower operating margin. Regis Corporation (NYSE:RGS) stock opened today at $11.65 and is currently trading at $11.58. The stock showed a negative weekly performance of -13.40%.
DNB Markets upgraded shares of Frontline Ltd. (NYSE:FRO) from a sell rating to a hold rating in a research note released on Thursday morning, Analyst RN reports. Frontline Ltd. (NYSE:FRO) stock opened at $4.30, in current trading session and currently is at $4.40, by gaining 1.85%. The 52 week range of $1.71 – $5.18. Company’s market capitalization is $346.91 billion.
500.com Ltd (NYSE:WBAI) plummeted nearly 10% after a downgrade from Deutsche Bank and as China-based stocks get hammered over Thursday’s session. By mid-afternoon, shares took off 9.9% to $40. he downgrade comes on a day when China-based, U.S.-listed stocks are already under pressure. Earlier, Securities and Exchange Commission Administrative Law Judge Cameron Elliot ruled Chinese units of accounting firms KPMG, Deloitte & Touche, PricewaterhouseCoopers and Ernst and Young were barred from auditing U.S.-listed companies for six months. The ruling was in connection to the firms deliberately failing to give regulators audit papers for Chinese companies investigated for accounting fraud. The firms said they plan to file an appeal against the ruling. 500.com Ltd (NYSE:WBAI) stock is open at $36.20 and currently trading at $37.50. The EPS of the stock is 0.09. Company’s market capitalization is $2.06 billion.
Cenveo, Inc. (NYSE:CVO) average recommendation of Overweight with average Target Price of $3.92. Cenveo, Inc. (NYSE:CVO) stock opened the session at $3.36, and now is at $3.40. The 52 week range of the CVO stock remained $1.85 – $3.92 and the day range was $3.33 – $3.40.