World Wrestling Entertainment, Inc. (NYSE:WWE) CFO George Barriors admitted that the company’s business model towards a direct relationship with customers through a digital network rather than its reliance on cable and satellite represents a “significant pivot,” reports the New York Post. Speaking at JPMorgan Global Tech and Media Conference, Barrios said it will likely take 1.3M-1.4M digital network subscribers to make up for the revenue it had been getting from the PPV events, even though they only had over 667,000 subscribers as of April 7. World Wrestling Entertainment, Inc. (NYSE:WWE) net profit margin is -1.00% and weekly performance is -0.89%. On last trading day company shares ended up $11.17. Analysts mean target price for the company is $23.19. World Wrestling Entertainment, Inc. (NYSE:WWE) distance from 50-day simple moving average (SMA50) is -50.30%.
On May 22, Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of I ITT Educational Services, Inc. (NYSE:ESI). The investigation concerns possible violations of federal securities laws and focuses on the Company’s business, operations and financial performance. ITT Educational Services, Inc. (NYSE:ESI) shares moved down -7.95% in last trading session and was closed at $18.87, while trading in range of $18.84 – $20.27. ITT Educational Services, Inc. (NYSE:ESI) year to date (YTD) performance is -43.81%.
Dicks Sporting Goods Inc (NYSE:DKS), the largest U.S. based full-line omni-channel sporting goods retailer, will be opening its relocated store this week at Great Lakes Mall in Mentor, OH (7850 Mentor Avenue). DICK’S will be celebrating the Grand Re-Opening beginning at 9 a.m. on Saturday, May 31st. Customers are invited to participate in the festivities. Dicks Sporting Goods Inc (NYSE:DKS) net profit margin is 5.30% and weekly performance is -16.46%. On last trading day company shares ended up $52.12. Analysts mean target price for the company is $89789. Dicks Sporting Goods Inc (NYSE:DKS) distance from 50-day simple moving average (SMA50) is -18.74%.
RetailMeNot Inc (NASDAQ:SALE) was downgraded to “hold” from “buy” by Stifel Nicolaus Friday. RetailMeNot Inc (NASDAQ:SALE) shares fell -5.39% in last trading session and ended the day on $23.87. SALE Gross Margin is 93.50% and its return on assets is 2.30%. RetailMeNot Inc (NASDAQ:SALE) quarterly performance is -44.29%.
Myriad Genetics, Inc. (NASDAQ:MYGN) recently presented favorable data from a clinical validation study of Prolaris at the 2014 annual meeting of American Urological Association. The company claims this validation study to be the largest to date of any gene-based prognostic test in prostate cancer patients who have been diagnosed through needle biopsy. Myriad Genetics, Inc. (NASDAQ:MYGN) ended the last trading day at $33.22. Company weekly volatility is calculated as 4.28% and price to cash ratio as 7.03. Myriad Genetics, Inc. (NASDAQ:MYGN) showed a negative weekly performance of -10.34%.