Coach Inc (NYSE:COH) long the handbag maker of choice for the reasonably wealthy, is losing its grip on the 5 percent. As it faces increasing competition from Kate Spade(KATE), J. Crew, and others eager to court women who can and will pay $200 to $400 for a handbag, Coach is embracing a strategy only the rich will appreciate: It is raising its prices. Coach Inc (NYSE:COH) shares after opening at $45.99 moved to $47.00 on last trade day and at the end of the day closed at $45.71 . Company price to sales ratio in past twelve months was calculated as 2.55 and price to cash ratio as 15.88. Coach Inc (NYSE:COH) showed a negative weekly performance of -7.69%.
The Goodyear Tire & Rubber Company (NASDAQ:GT) reported a $58 million first-quarter loss as Venezuelan currency charges and bad weather in North America hurt the company’s bottom line. The Goodyear Tire & Rubber Company (NASDAQ:GT) shares fell -7.55% in last trading session and ended the day on $25.11. GT return on equity ratio is recorded as 132.70% and its return on assets is 3.40%. The Goodyear Tire & Rubber Company (NASDAQ:GT) yearly performance is 101.04%.
Wabash National Corporation (NYSE:WNC) a diversified industrial manufacturer and North America’s leading producer of semi-trailers and liquid transportation systems, reported results for the first quarter ended March 31, 2014. Wabash National Corporation (NYSE:WNC) shares moved down -6.11% in last trading session and was closed at $12.76 while trading in range of $12.57 – $14.43 – Wabash National Corporation (NYSE:WNC) year to date (YTD) performance is 3.32%.
Castle Brands Inc. (NYSEMKT:ROX) called for cancellation all 1,657,802 unexercised common stock purchase warrants issued in June and October 2011 (“Warrants”) pursuant to the terms of such Warrants after satisfying applicable conditions. Holders of the Warrants will have until 6:30 p.m. New York City time on April 21, 2014 to exercise such Warrants at $0.38 per share in cash. Castle Brands Inc (NYSEMKT:ROX) weekly performance is -11.32 %. On last trading day company shares ended up $0.943. Castle Brands Inc (NYSEMKT:ROX) distance from 50-day simple moving average (SMA50) is -14.84%. Analysts mean target price for the company is $1.50.