On June 16, 2014, Sprint Corporation (NYSE:S), announced that it has reached 4G LTE agreements with 12 rural and regional network carriers, giving smaller carriers a clear path forward to high speed mobile broadband solutions. Furthering the initiatives announced in March by Sprint, Competitive Carriers Association (CCA) and the NetAmerica Alliance, these agreements seek to increase wireless competition by providing the carriers – and their customers – low-cost access to Sprint’s nationwide 4G LTE network and an opportunity to pursue an expanded range of mobile devices. These agreements also help accelerate the deployment and utilization of 4G LTE across America where the cost of building such networks and the roaming costs are often prohibitively expensive. Sprint Corporation (NYSE:S), net profit margin is -7.80% and weekly performance is -0.12%. On last trading day company shares ended up $8.50. Analysts mean target price for the company is $7.28. Sprint Corporation (NYSE:S), distance from 50-day simple moving average (SMA50) is -3.11%.
Regenerx Biopharmaceuticals Inc. (OTCMKTS:RGRX), and G-treeBNT Co. Ltd., a Korean biotech firm, jointly announced that G-treeBNT is preparing to file an IND and sponsor a Phase III clinical trial with RGN-259 (a Thymosin Beta 4–based preservative-free eye drop) in patients with moderate to severe dry eye initially in South Korea, followed by Japan and Australia, with follow-on registrations in certain additional Asian and Pacific Rim countries if appropriate. Regenerx Biopharmaceuticals Inc. (OTCMKTS:RGRX), advanced 2.94% in last trading session and ended the day on $0.189.
Shares of Ross Stores Inc. (NASDAQ:ROST), have earned a consensus rating of “Buy” from the twenty analysts that are presently covering the company, American Banking and Market News reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $76.94. Ross Stores Inc. (NASDAQ:ROST), shares moved down 0.80% in last trading session and was closed at $66.62, while trading in range of $66.51 – 67.25. Ross Stores Inc. (NASDAQ:ROST), year to date (YTD) performance is -10.58%.
On June 26, 2014, KBR, Inc. (NYSE:KBR), said June 26 that a ruling from the Armed Services Board of Contract Appeals clears the way for the Houston-based company to recover $45 million plus interest from the U.S. government. KBR, Inc. (NYSE:KBR), ended the last trading day at $23.75. Company weekly volatility is calculated as 1.59% and price to cash ratio as 3.47. KBR, Inc. (NYSE:KBR), showed a negative weekly performance of 0.38%.
On June 27, 2014, DR Horton Inc. (NYSE:DHI), America’s Builder, announced that the Company will release financial results for its third quarter ended June 30, 2014 on Thursday, July 24, 2014 before the market opens. The Company will host a conference call that morning at 10:00 a.m. DR Horton Inc. (NYSE:DHI), net profit margin is 7.80% and weekly performance is 2.22%. On last trading day company shares ended up $24.36. Analysts mean target price for the company is $25.36. DR Horton Inc. (NYSE:DHI), distance from 50-day simple moving average (SMA50) is 4.61%.