Coach also turned in quarterly net income of $191 million, or $0.68 per diluted share, which handily exceeded analysts’ expectations for earnings of just $0.61 per share. Coach Inc. (NYSE:COH) shares after opening at $45.27 moved to $45.60 on last trade day and at the end of the day closed at $44.65. Company price to sales ratio in past twelve months was calculated as 2.49 and price to cash ratio as 15.52. Coach Inc. (NYSE:COH) showed a negative weekly performance of -10.81%.
Beam Inc. (NYSE:BEAM) has come into being, with Suntory Holdings’ acquisition of Beam. The US$16bn transaction, which was announced in January closed this afternoon (30 April), resulting in the creation of what the two companies claim is the third-largest premium spirits company in the world. Beam Suntory, which will be headquartered in Deerfield, Illinois, intends to integrate the spirits business of the Japanese firm’s Suntory Liquors unit before the end of this year.
BEAM Inc. (NYSE:BEAM) shares advanced 0.01% in last trading session and ended the day on $83.47. BEAM return on equity ratio is recorded as 7.50% and its return on assets is 4.30%. BEAM Inc. (NYSE:BEAM) yearly performance is 30.67%.
MeadWestvaco Corporation (NYSE:MWV) reported first-quarter 2014 adjusted earnings from continuing operations of 23 cents per share, which marked an over twofold increase from the year ago quarter’s earnings per share of 9 cents. However, the reported figure missed the Zacks Consensus Estimate of 26 cents. MeadWestvaco Corp. (NYSE:MWV) shares moved up 3.36% in last trading session and was closed at $39.07, while trading in range of $37.53 – $39.07. MeadWestvaco Corp. (NYSE:MWV) year to date (YTD) performance is 9.69%.
Zuoan Fashion Ltd (ADR) (NYSE:ZA) a leading design-driven fashion casual menswear company in China, estimates positive net growth in new stores, particularly in the second half of 2014. Zuoan Fashion Ltd (ADR) (NYSE:ZA) weekly performance is 19.88%. On last trading day company shares ended up $2.05. Zuoan Fashion Ltd (ADR) (NYSE:ZA) distance from 50-day simple moving average (SMA50) is 3.16%. Analysts mean target price for the company is $8.50.