Adobe Systems Inc. (NASDAQ:ADBE) is set to report second-quarter 2014 results on Jun 17. Last quarter, the company posted 33.3% positive surprise. Adobe Systems Incorporated (NASDAQ:ADBE) net profit margin is 6.70% and weekly performance is 1.03%. On last trading day company shares ended up $67.62. Analysts mean target price for the company is $72.79. Adobe Systems Incorporated (NASDAQ:ADBE) distance from 50-day simple moving average (SMA50) is 7.55%.
The Q4 2014 earnings report for La-Z-Boy Incorporated (NYSE:LZB), a potential peer of other furniture stocks like Hooker Furniture Corporation (NASDAQ: HOFT) and Flexsteel Industries, Inc (NASDAQ:FLXS), is due out after the market closes on Tuesday. Aside from the La-Z-Boy Incorporated earnings report, it should be said that Hooker Furniture Corporation reported Q1 2015 on June 5th (they reported a double-digit income rise on higher sales in first quarter) and Flexsteel Industries, Increported Q3 2014 earnings on April 16th (they record net sales and net income). La-Z-Boy Incorporated (NYSE:LZB) shares fell -1.83% in last trading session and ended the day on $23.63. Gross Margin is 34.10% and its return on assets is 9.50%. La-Z-Boy Incorporated (NYSE:LZB) quarterly performance is -13.82%.
Kindred Healthcare, Inc. (NYSE:KND) announced that it has launched an underwritten public offering (“the Offering”) for an aggregate of 9,000,000 shares of Kindred common stock. The Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,350,000 shares of Kindred common stock. Citigroup and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the Offering. Kindred Healthcare, Inc. (NYSE:KND) shares moved up 0.94% in last trading session and was closed at $25.74, while trading in range of $25.07 – $25.77. Kindred Healthcare, Inc. (NYSE:KND) year to date (YTD) performance is 31.73%.
Gentiva Health Services, Inc. (NASDAQ:GTIV) urged Gentiva shareholders to take no action with respect to the announcement by Kindred Healthcare, Inc. (KND) that it intends to commence a tender offer to acquire all of the outstanding shares of Gentiva common stock for $14.50 per share in cash. Gentiva said its Board of Directors, consistent with its fiduciary duties, will carefully review all aspects of the proposed offer in consultation with its financial and legal advisors and make a recommendation to Gentiva shareholders, which will be outlined in a Statement on Schedule 14D-9 to be filed with the Securities and Exchange Commission within ten business days of commencement of the Tender Offer. Gentiva Health Services, Inc. (NASDAQ:GTIV) ended the last trading day at $13.99. Company weekly volatility is calculated as 1.91% and price to cash ratio as 8.19. Gentiva Health Services, Inc. (NASDAQ:GTIV) showed a negative weekly performance of -1.55%.
General Motors Company (NYSE:GM) said the engineer responsible for signing off on a flawed ignition design linked to 13 deaths also oversaw switches in the more than 3 million cars recalled yesterday. General Motors Company (NYSE:GM) net profit margin is 4.30% and weekly performance is -1.21%. On last trading day company shares ended up $36.06. Analysts mean target price for the company is $43.73. General Motors Company (NYSE:GM) distance from 50-day simple moving average (SMA50) is 5.21%.