Deutsche Bank AG (USA) (NYSE:DB) has been awarded a loan services and fund administration mandate from Pacific Asset Management, a subsidiary of Pacific Life Insurance Company that manages in excess of USD 4 billion in fixed income strategies. Deutsche Bank AG (USA) (NYSE:DB) net profit margin is 0.40% and weekly performance is -3.88%. On last trading day company shares ended up $39.44. Analysts mean target price for the company is $30.11. Deutsche Bank AG (USA) (NYSE:DB) distance from 50-day simple moving average (SMA50) is -6.67%.
The Men’s Wearhouse Inc. (NYSE:MW) announced consolidated financial results for the fiscal first quarter ended May 3, 2014. Total net sales for fiscal first quarter 2014 increased 2.3% to $630.5 million, and total Men’s Wearhouse brand revenues were up 4.8% over fiscal first quarter 2013. GAAP diluted EPS for fiscal first quarter 2014 was $0.34 and adjusted EPS was $0.69 excluding one-time costs. The Men’s Wearhouse, Inc. (NYSE:MW) shares fell -0.54% in last trading session and ended the day on $51.35. Gross Margin is 44.00 % and its return on assets is 7.60%. The Men’s Wearhouse, Inc. (NYSE:MW) quarterly performance is -6.30%.
Bitauto Holdings Limited a leading provider of internet content and marketing services for China’s fast-growing automotive industry, announced that it has been selected by Baidu, Inc. (NASDAQ:BIDU), the leading Chinese language internet search provider, to be the exclusive supplier for auto-related content on the mobile version of Aladdin, Baidu’s Open Data Platform, until December 31, 2014. Baidu Inc (ADR) (NASDAQ:BIDU) shares moved up 1.87% in last trading session and was closed at $166.44, while trading in range of $162.87 – $168.14. Baidu Inc (ADR) (NASDAQ:BIDU) year to date (YTD) performance is -6.44%.
Illumina, Inc. (NASDAQ:ILMN) announced its intention to offer, subject to market and other conditions, approximately $900 million aggregate principal amount of convertible senior notes. Of the total offering, Illumina proposes to offer $450 million aggregate principal amount of convertible senior notes due 2019 and $450 million aggregate principal amount of convertible senior notes due 2021. Illumina, Inc. (NASDAQ:ILMN) ended the last trading day at $164.09. Company weekly volatility is calculated as 3.94% and price to cash ratio as 19.30. Illumina, Inc. (NASDAQ:ILMN) showed a positive weekly performance of 2.64%.
On May 30, Tranzbyte Corp. (OTCMKTS:ERBB) has opted for SmarterSign digital signage software to deliver digital out-of-home ads to the top digital signage display screen of its ZaZZZ marijuana-dispensary kiosks, Transbyte announced earlier this month. Tranzbyte Corp (OTCMKTS:ERBB) On last trading day company shares ended up $0.0345 .