A California District judge dismissed an Apple Inc. (NASDAQ:AAPL) lawsuit claiming the company misinformed customers about the Siri voice command capabilities. Apple Inc. (NASDAQ:AAPL) shares after opening at $531.93 moved to $533.75 on last trade day and at the end of the day closed at $532.87. Company price to sales ratio in past twelve months was calculated as 2.74 and price to cash ratio as 11.73. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 1.56%.
Shares of Altria Group (NYSE:MO) were the recipient of a large drop in short interest during the month of January. As of February 28th, there was short interest totaling 14,957,348 shares, a drop of 12.8% from the February 14th total of 17,152,078 shares, American Banking News reports.
Altria Group Inc. (NYSE:MO) shares advanced 0.28% in last trading session and ended the day on $36.45. MO return on equity ratio is recorded as 118.80% and its return on assets is 12.80%. Altria Group Inc. (NYSE:MO) yearly performance is 13.34%.
Nike, Inc. (NYSE:NKE) reported results for the third quarter with gross margins that increased sales growth in each sector and growth in futures orders. Nike Inc. (NYSE:NKE) shares moved down -5.12% in last trading session and was closed at $75.21, while trading in range of $75.00 – $77.31. Nike Inc. (NYSE:NKE) year to date (YTD) performance is -4.07%.
Equities research analysts at Barclays started coverage on shares of Kate Spade & Co (NASDAQ:KATE) in a research note issued to investors on Tuesday, AnalystRatings.Net reports. The firm set an “overweight” rating and a $50.00 price target on the stock. Barclays’ price target indicates a potential upside of 25.13% from the stock’s current price. Kate Spade & Co (NYSE:KATE) weekly performance is 4.86%. On last trading day company shares ended up $39.06. Kate Spade & Co (NYSE:KATE) distance from 50-day simple moving average (SMA50) is 20.30%. Analysts mean target price for the company is $37.50.