Another disappointing quarterly report from Aeropostale Inc (NYSE:ARO). and another steep stock slide for the youth-focused clothing-store chain have finally prompted a bullish analyst to throw in the towel. RBC analyst Howard Tubin, who has touted Aeropostale for the past two years even as the stock has dropped more than 80%, gave in Friday by slashing his Aeropostale rating to “sector perform” from “outperform” and cutting his price target to $6 from $14. Aeropostale Inc (NYSE:ARO) net profit margin is -6.80% and weekly performance is -23.37%. On last trading day company shares ended up $3.41. Analysts mean target price for the company is $89789. Aeropostale Inc (NYSE:ARO) distance from 50-day simple moving average (SMA50) is -31.30%.
Matador Resources Co (NYSE:MTDR) has commenced an underwritten public offering of 7,500,000 common shares. The oil and natural gas explorer plans to use the net proceeds from this offering to partially fund its 2014 capital budget for operating an additional rig in the Permian Basin, to pay for targeted acquisitions, as well as for corporate purposes. Any leftover amount will be targeted towards repaying the debts under the company’s revolving credit facility. Matador Resources Co (NYSE:MTDR) shares fell -5.81% in last trading session and ended the day on $24.65. MTDR Gross Margin is 77.10% and its return on assets is 5.90%. Matador Resources Co (NYSE:MTDR) quarterly performance is 3.83%.
The Rosen Law Firm, P.A. announces that it is investigating potential civil securities claims against ITT Educational Services, Inc. (NYSE:ESI)resulting from allegations that the Company may have issued materially inaccurate statements about the Company’s true financial condition and prospects. ITT Educational Services, Inc. (NYSE:ESI) shares moved down -7.95% in last trading session and was closed at $18.87, while trading in range of $18.84 – $20.27. ITT Educational Services, Inc. (NYSE:ESI) year to date (YTD) performance is -43.81%.
On May 22, 2014, China New Borun Corp (NYSE:BORN) announced its unaudited financial results for the first quarter ended March 31, 2014. Total revenue increased 38.8% to RMB625.7 million ($101.7 million[1]) from RMB450.7 million in the first quarter of 2013. Gross profit increased 92.1% to RMB90.5 million ($14.7 million) from RMB47.1 million in the first quarter of 2013. Net income increased 208.3% to RMB39.3 million ($6.4 million) from RMB12.8 million in the first quarter of 2013. China New Borun Corp (NYSE:BORN) ended the last trading day at $2.83. Company weekly volatility is calculated as 8.86% and price to cash ratio as 0.58. China New Borun Corp (NYSE:BORN) showed a positive weekly performance of 4.04%.
On May 15, A. H. Belo Corporation (NYSE:AHC) announced that the Company’s Board of Directors declared a special cash dividend of $1.50 per share, payable on June 27, 2014 to shareholders of record at the close of business on May 28, 2014 as part of its continued efforts to return capital to shareholders. The Board of Directors also declared a quarterly cash dividend of $0.08 per share, payable on September 5, 2014 to shareholders of record at the close of business on August 15, 2014. A. H. Belo Corporation (NYSE:AHC) shares fell -0.09% in last trading session and ended the day on $11.27. AHC Gross Margin is 86.20% and its return on assets is 4.20%. A. H. Belo Corporation (NYSE:AHC) quarterly performance is 10.06%.