On June 3, Staples, Inc. (NASDAQ:SPLS) announced that its Board of Directors has declared a quarterly cash dividend on Staples, Inc. common stock of $0.12 per share. The dividend is payable on July 17, 2014, to shareholders of record on June 27, 2014. Staples, Inc. (NASDAQ:SPLS) net profit margin is 2.40% and weekly performance is -3.44%. On last trading day company shares ended up $10.95. Analysts mean target price for the company is $11.14. Staples, Inc. (NASDAQ:SPLS) distance from 50-day simple moving average (SMA50) is -9.49%.
Coach Inc (NYSE:COH)’s stock was downgraded to neutral at Sterne Agee on Wednesday. “While the company’s strategies to kick-start the business may bear fruit over the long term, we believe fundamentals will remain challenged in the near term, which continues to put both earnings and the multiple at risk,” analyst Ike Boruchow said in a note. Coach Inc (NYSE:COH) shares fell -2.58% in last trading session and ended the day on $38.99. Gross Margin is 71.10% and its return on assets is 26.20%. Coach Inc (NYSE:COH) quarterly performance is -18.96%.
Cliffs Natural Resources Inc (NYSE:CLF) saw unusually large options trading activity on Wednesday. Stock investors bought 24,734 put options on the company, American Banking & Market News reports. This is an increase of approximately 104% compared to the average daily volume of 12,118 put options. Cliffs Natural Resources Inc (NYSE:CLF) shares moved down -2.28% in last trading session and was closed at $14.60, while trading in range of $14.50 – $15.12. Cliffs Natural Resources Inc (NYSE:CLF) year to date (YTD) performance is -43.39%.
Benefiting from improved gross margin and lower-than-anticipated expenses, Ascena Retail Group Inc.’s (NASDAQ:ASNA) adjusted earnings from continuing operations advanced 3.8% year over year to 27 cents per share in the third quarter of fiscal 2014. Quarterly earnings also cruised ahead of the Zacks Consensus Estimate of 19 cents per share. Gross profit climbed approximately 2.6% to $675.0 million from $657.8 million in the prior-year period, while as a percentage of sales, it expanded 130 basis points (bps) to 58.9% from the year-ago level. The year-over-year rise in gross profit mainly benefited from a fall in markdown operations across all its brands. Ascena Retail Group Inc (NASDAQ:ASNA) ended the last trading day at $16.46. Company weekly volatility is calculated as 2.14% and price to cash ratio as 15.29. Ascena Retail Group Inc (NASDAQ:ASNA) showed a negative weekly performance of -2.43%.
NII Holdings Inc (NASDAQ:NIHD) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 45,179,374 shares, an increase of 6.7% from the April 30th total of 42,351,534 shares, AnalystRatingsNetwork reports. Based on an average daily trading volume, of 3,446,757 shares, the short-interest ratio is currently 13.1 days. Approximately 26.7% of the company’s stock are sold short. NII Holdings Inc (NASDAQ:NIHD) net profit margin is -41.20% and weekly performance is -21.93%. On last trading day company shares ended up $0.445. Analysts mean target price for the company is $2.11. NII Holdings Inc (NASDAQ:NIHD) distance from 50-day simple moving average (SMA50) is -47.92%.