An American Apparel, Inc. (NYSEMKT:APP) company on Mar. 25 announced that it has commenced an underwritten public offering of $30,500,000 of shares of its common stock. The Company intends to use the net proceeds of the offering to fund working capital and for general corporate purposes, including its April 2014 cash interest payment on the Company’s senior secured notes. The Company intends to grant the underwriters a 30-day option to purchase up to $4,575,000 of additional shares of its common stock to cover over-allotments, if any. The Company’s common stock is listed on the NYSE MKT under the symbol “APP.” American Apparel Inc. (NYSEMKT:APP), shares after opening at $0.52 moved to $0.52 on last trade day and at the end of the day closed at $0.511. Company price to sales ratio in past twelve months was calculated as 0.16 and price to cash ratio as 11.62. American Apparel Inc. (NYSEMKT:APP), showed a positive weekly performance of 2.14%.
Constellation Brands Inc. (NYSE: STZ) reported fourth-quarter and full-year fiscal 2014 results before markets opened Wednesday. The premium wine and beverage company reported adjusted diluted earnings per share (EPS) of $0.81 on revenue of $1.29 billion. In the same period a year ago, the company reported diluted EPS of $0.47 on revenue of $696 million. Fourth-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.76 and $1.29 billion in revenue. Constellation Brands, Inc. (NYSE:STZ), shares fell 1.03% in last trading session and ended the day on $80.64. Constellation Brands, Inc. (NYSE:STZ), return on equity ratio is recorded as 49.30% and its return on assets is 16.40%. Constellation Brands, Inc. (NYSE:STZ), yearly performance is 65.35%.
On April 3, 2014, USA Track & Field (USATF) and The Hershey Company (NYSE: HSY) announced the launch of a national youth activity initiative as part of a new, seven-year partnership that features “Run Jump Throw,”an educational and learning program developed by USATF and Hershey. The new program will introduce kids ages 7 through 12 to the basic skills of running, jumping and throwing through track and field. Hershey’s Track & Field Games, a youth track and field program launched in the 1970s, will transition to the national Run Jump Throw programin early 2015. Hershey Co (NYSE:HSY), shares moved down 2.76% in last trading session and was closed at $98.91, while trading in range of $ 98.40 – 100.59. Hershey Co (NYSE:HSY), year to date (YTD) performance is 2.19%.
On April 2, 2014, Asian Honda Motor Co., Ltd. announced plans to establish a new wholly-owned power products import and sales subsidiary in Vietnam in order to deliver our products with speed, affordability, high quality and low CO2 emissions for customers in Vietnam where market expansion is expected in the future. Honda submitted an application to the Ho Chi Minh City Peoples’ Committee on March 31, 2014 and plans to begin operation of the new company in October of this year. Honda Motor Co Ltd (ADR) (NYSE:HMC), weekly performance is -3.72%. On last trading day company shares ended up $34.19. Honda Motor Co Ltd (ADR) (NYSE:HMC), distance from 50-day simple moving average (SMA50) is -5.26%. Analysts mean target Price for the company is $50.01.