The latest challenge facing Starbucks Corporation (NASDAQ:SBUX) is a shift in traffic away from mall locations. Starbucks Corporation (NASDAQ:SBUX) shares after opening at $69.79 moved to $70.13 on last trade day and at the end of the day closed at $68.73. Company price to sales ratio in past twelve months was calculated as 3.39 and price to cash ratio as 30.51. Starbucks Corporation (NASDAQ:SBUX) showed a negative weekly performance of -3.94%.
Mining equipment maker Joy Global Inc. (NYSE:JOY) reached a deal to acquire some assets of Mining Technologies International Inc. for about CAD 46.5 million. Mining Technologies is a Canadian manufacturer of underground hard rock mining equipment. Joy Global Inc. (NYSE:JOY) shares fell -1.26% in last trading session and ended the day on $60.15. JOY return on equity ratio is recorded as 15.40% and its return on assets is 7.40%. Joy Global Inc. (NYSE:JOY) yearly performance is 11.87%.
Beltsville-headquartered Vocus, Inc. (NASDAQ:VOCS), a provider of cloud-based marketing and public relations software, has been acquired by a private equity firm GTCR for $446.5 million. In an all-cash merger deal, GTCR’s affiliate GTCR Valor Merger Sub, Inc. has agreed to buy all of the outstanding shares of Vocus’ common stock for $18 per share. Vocus, Inc. (NASDAQ:VOCS) shares moved up 0.34% in last trading session and was closed at $17.97, while trading in range of $17.91 – $17.98. Vocus, Inc. (NASDAQ:VOCS) year to date (YTD) performance is 57.77%.
iGATE Corporation (NASDAQ:IGTE) has improved earnings per share by 5.1% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. iGATE Corporation (NASDAQ:IGTE) weekly performance is 14.75%. On last trading day company shares ended up $36.40. iGATE Corporation (NASDAQ:IGTE) distance from 50-day simple moving average (SMA50) is 10.85%. Analysts mean target price for the company is $41.67.