Bank of America Corp (NYSE:BAC), has been chosen as the financial firm to sell the Los Angeles Clippers, according to a report in Bloomberg on Tuesday, citing two people with direct knowledge of the situation. Bank of America Corp (NYSE:BAC), net profit margin is 15.70% and weekly performance is 4.20%. On last trading day company shares ended up $15.14. Analysts mean target price for the company is $17.19. Bank of America Corp (NYSE:BAC), distance from 50-day simple moving average (SMA50) is -5.14%.
On May 27, 2014, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), recently announced about the completion of formation test at its 1-SPS-98 well which is located offshore São Paulo. The company confirmed existence of good quality oil in the Santos Basin as evident from the test results. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), advanced 1.09% in last trading session and ended the day on $14.78. PBR, Gross Margin is 23.90% and its return on assets is 3.60%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), quarterly performance is 0.34%.
Barracuda Networks Inc (NYSE:CUDA), has been given an average recommendation of “Buy” by the eight ratings firms that are covering the company, AnalystRatings.Net reports. Eight analysts have rated the stock with a buy rating, The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $30.79. Barracuda Networks Inc (NYSE:CUDA), shares moved up 0.73% in last trading session and was closed at $30.37, while trading in range of $30.28 – 30.95. Barracuda Networks Inc (NYSE:CUDA), year to date (YTD) performance is -23.46%.
The leading American company Alcatel Lucent SA (ADR) (NYSE:ALU), recently announced the financial results for the Q1 of the year 2014. Alcatel Lucent SA (NYSE:ALU) managed to post 4% growth in the group revenues for the Q1 of the current year. Alcatel Lucent SA (ADR) (NYSE:ALU), ended the last trading day at $3.99. Company weekly volatility is calculated as 1.86% and price to cash ratio as 1.31. Alcatel Lucent SA (ADR) (NYSE:ALU), showed a negative weekly performance of 4.18%.
Rite Aid Corporation (NYSE:RAD), had its target price boosted by ING Group from $8.50 to $9.50 in a report issued on Tuesday. They currently have a buy rating on the stock. Rite Aid Corporation (NYSE:RAD), net profit margin is 0.80% and weekly performance is 7.64%. On last trading day company shares ended up $8.31. Analysts mean target price for the company is $7.95. Rite Aid Corporation (NYSE:RAD), distance from 50-day simple moving average (SMA50) is 16.56%.