Skullcandy (NASDAQ:SKUL) was upgraded by research analysts at Piper Jaffray from an “underweight” rating to a “neutral” rating in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $7.50 price objective on the stock. Piper Jaffray’s price objective would indicate a potential downside of 4.34% from the company’s current price. Skullcandy Inc (NASDAQ:SKUL) net profit margin is 0.30% and weekly performance is 0.25%. On last trading day company shares ended up $7.77. Analysts mean target price for the company is $ 8.44. Skullcandy Inc (NASDAQ:SKUL) distance from 50-day simple moving average (SMA50) is -0.89.
Cardinal Health Inc (NYSE:CAH) extends its heartfelt condolences to the family, friends, and colleagues of Glenn A. Britt. Mr. Britt served as a member of the company’s board of directors since 2009. Cardinal Health Inc (NYSE:CAH) shares advanced 0.90% in last trading session and ended the day on $68.22. CAH Gross Margin is 5.50% and its return on assets is 1.40%. Cardinal Health Inc(NYSE:CAH)quarterly performance is -6.71%.
McKesson Corp. plans to offer investors more power to oust directors by opening up corporate elections, making it one of a handful of major U.S. companies to take a step long advocated by activist investors. McKesson Corporation (NYSE:MCK) shares moved up 1.16% in last trading session and was closed at $184.66, while trading in range of $181.28 – $185.04. McKesson Corporation (NYSE:MCK) year to date (YTD) performance is 14.72%.
The Lash Group, Inc., a subsidiary of AmerisourceBergen Corp. (NYSE:ABC), in partnership with Childress Klein Properties and The Springs Company, announced plans to develop a new national headquarters campus for The Lash Group in the Charlotte metro region to meet the company’s existing and future space needs and enhance service to patients on behalf of its clients. AmerisourceBergen Corp. (NYSE:ABC) ended the last trading day at $71.74. Company weekly volatility is calculated as 1.14% and price to cash ratio as 23.26. AmerisourceBergen Corp. (NYSE:ABC) showed a negative weekly performance of -0.37%.
On May 14, 2014, Koss Corporation (NASDAQ: KOSS), the U.S. based high-fidelity headphone company, has reported its third quarter results for the quarter ended March 31, 2014. Sales for the third quarter were $4,300,373 compared to $8,302,113 for the same three month period one year ago, a 48.2% decrease. The three month net loss was $25,121, compared to net income of $115,441 for the third quarter last year. Diluted loss per common share for the quarter was $0.00 compared with diluted income per common share of $0.02 for the same three month period one year ago. Koss Corporation (NASDAQ:KOSS) shares moved down -0.57% in last trading session and was closed at $3.19, while trading in range of $3.13 – $3.22. Koss Corporation (NASDAQ:KOSS)year to date (YTD) performance is -36.71%.