On a rainy morning in April, Anna Proctor entered a Wal-Mart Stores, Inc. (NYSE:WMT) Supercenter near some of this city’s poorest areas to get $300 for urgent car repairs—money she didn’t have. Inside, she joined a line at a Woodforest National Bank branch and intentionally overdrew her account. When her paycheck was deposited 12 days later, she said, the bank would take the borrowed sum plus a $30 fee. Wal-Mart Stores, Inc. (NYSE:WMT) net profit margin is 4.20% and weekly performance is 0.72%. On last trading day company shares ended up $79.20. Analysts mean target price for the company is $81.00. Wal-Mart Stores, Inc. (NYSE:WMT) distance from 50-day simple moving average (SMA50) is 3.90%.
Cisco Systems, Inc. (NASDAQ:CSCO)’s Guido Jouret resigns to pursue new opportunity, WSJ reports. Guido Jouret, the VP and general manager of Cisco’s Internet of Things unit, has resigned to pursue a new opportunity, the Wall Street Journal reports. His last day at the company is May 16. Rob Soderbery, a senior VP who oversees Cisco¹s enterprise networking and Internet of Things groups, will assume direct leadership of the latter group. Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 0.01% in last trading session and ended the day on $23.02. CSCO Gross Margin is 58.90% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) quarterly performance is 2.40%.
On May 7, Ariad Pharmaceuticals (NASDAQ:ARIA) announced its earnings results on Wednesday. The company reported ($0.27) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.32) by $0.05, StockRatingsNetwork.com reports. The company had revenue of $11.80 million for the quarter, compared to the consensus estimate of $10.41 million. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) ended the last trading day at $6.67. Company weekly volatility is calculated as 6.88% and price to cash ratio as 5.25. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) showed a negative weekly performance of -7.75%.
First Solar, Inc. (NASDAQ:FSLR) reported strong first quarter 2014 earnings of $1.10 per share, comfortably surpassing the Zacks Consensus Estimate of 50 cents per share by 120.0%. Quarterly earnings also increased 66.6% from the year-ago profit of 66 cents per share. First Solar’s revenues for the quarter climbed 25.8% year over year to $950.2 million. The top-line figure beat the Zacks Consensus Estimate of $840.0 million by 13.1%. First Solar, Inc. (NASDAQ:FSLR) shares moved down -0.35% in last trading session and was closed at $63.21, while trading in range of $62.38 – $64.69. First Solar, Inc. (NASDAQ:FSLR) year to date (YTD) performance is 15.68%.
DISH Network Corp (NASDAQ:DISH) Chairman Charlie Ergen said on Thursday he wanted to avoid pricy bidding wars with deep-pocketed rivals for targets such as T-Mobile and DirecTV, even if they could help the satellite television operator. DISH Network Corp (NASDAQ:DISH) ended the last trading day at $60.63. Company weekly volatility is calculated as 3.74% and price to cash ratio as 6.62. DISH Network Corp (NASDAQ:DISH) showed a negative weekly performance of -1.72%.