On June 26, 2014, NewLead Holdings Ltd (NASDAQ:NEWL), announced that the Company received a letter from the NASDAQListing Qualifications Staff (the “Staff”) of The NASDAQ Stock Market LLC (“NASDAQ”) notifying the Company that the Staff has determined pursuant to its discretionary authority set forth in Listing Rule 5101 to delist the Company’s securities based on public interest concerns raised by certain false and misleading public disclosures made by the Company and the fact that the Company has not demonstrated an ability to sustain compliance with the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Select Market, as set forth in Listing Rule 5450(a)(1), as required by a NASDAQ Hearings Panel decision dated January 3, 2014. NewLead Holdings Ltd (NASDAQ:NEWL), weekly performance is -50.00%. On last trading day company shares ended up $0.250. Analysts mean target price for the company is $1.00. NewLead Holdings Ltd (NASDAQ:NEWL), distance from 50-day simple moving average (SMA50) is -91.28%.
On June 29, 2014, bebe stores, inc. (NASDAQ:BEBE), announced plans to exit its 2b business as part of the apparel retailer’s on-going turnaround plan to drive long term growth and sustainable profitability. The move follows a strategic business review that identified key initiatives towards saving costs. bebe stores, inc. (NASDAQ:BEBE), fell 3.17% in last trading session and ended the day on $3.05. BEBE, Gross Margin is 32.00% and its return on assets is -21.30%. bebe stores, inc. (NASDAQ:BEBE), quarterly performance is -49.84%.
On June 26, 2014, Kirkland’s, Inc. (NASDAQ:KIRK), the arts ‘n crafts retailer, and Bravo Brio Restaurant Group Inc., the restaurant chain, are among retailers that private equity firms could find attractive in the coming months, according to industry sources. Kirkland’s, Inc. (NASDAQ:KIRK), shares moved down 2.52% in last trading session and was closed at $18.55, while trading in range of $15.64 – 18.86. Kirkland’s, Inc. (NASDAQ:KIRK), year to date (YTD) performance is -21.63%.
On May 14, 2014, DGSE Companies, Inc. (NYSEMKT:DGSE), a leading wholesaler and retailer of jewelry, diamonds,fine watches, and precious metal bullion and rare coin products, announced its financial results for the quarter ended March 31, 2014. For the quarter ended March 31, 2014, revenues were $19.9 million, a 32% decrease compared to $29.2 million in the quarter ended March 31, 2013, due primarily to significant decreases in both bullion and scrap sales as a result of declining gold prices, which were on average 11% lower (as measured by London PM Fix) than in the same period last year. Net loss for the first quarter was $523,000 or $0.04 per share, inclusive of the non-recurring expenses, compared to net income of $300,000, or $0.02 per share, in the year-ago quarter. Gross profit in the quarter was $4.4 million, or 22.3% of revenue, compared to $5.3 million, or 18.1% of revenue, in the prior year quarter. DGSE Companies, Inc. (NYSEMKT:DGSE), ended the last trading day at $1.46. Company weekly volatility is calculated as 10.83% and price to cash ratio as 6.36. DGSE Companies, Inc. (NYSEMKT:DGSE), showed a negative weekly performance of 11.52%.