Kahn Swick & Foti, LLC and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until June 2, 2014 to file lead plaintiff applications in a securities class action lawsuit against Allied Nevada Gold Corp. (NYSEMKT:ANV). Investor losses must relate to purchases of the Company’s securities during the period of January 18, 2013 and August 5, 2013, inclusive. This action is pending in the United States District Court for the District of Nevada. Allied Nevada Gold Corp. (NYSEMKT:ANV) net profit margin is 0.60% and weekly performance is -11.54%. On last trading day company shares ended up $2.76. Analysts mean target price for the company is $3.42. Allied Nevada Gold Corp. (NYSEMKT:ANV) distance from 50-day simple moving average (SMA50) is -28.40%.
Coeur Mining Inc (NYSE:CDE) which started mining silver almost a century ago in the Rocky Mountains of Idaho, said a price slump for the precious metal is probably exaggerated as demand surged last year. Silver used in electronics, which represents about half of industrial demand, will rise as much as 5 percent this year, Chief Executive Officer Mitchell Krebs said in an interview from Toronto. A rebound in investor appetite for silver bars and coins will also aid the recovery, he said. Shares gained. Coeur Mining Inc (NYSE:CDE) shares fell -0.59% in last trading session and ended the day on $6.79. Gross Margin is 9.50% and its return on assets is -21.20%. Coeur Mining Inc (NYSE:CDE) quarterly performance is -37.19%.
Chico’s FAS, Inc. (NYSE:CHS) announced its financial results for the fiscal 2014 first quarter. For the thirteen weeks ended May 3, 2014 (the first quarter), the Company reported net income of $39.9 million compared to adjusted net income of $51.7 million for the thirteen weeks ended May 4, 2013, and first quarter 2014 earnings per diluted share of $0.26 compared to adjusted earnings per diluted share of $0.32 in last year’s first quarter. The adjusted first quarter fiscal 2013 results exclude the impact of non-recurring acquisition and integration costs, as presented in the accompanying GAAP to non-GAAP reconciliation. Including the first quarter 2013 impact of non-recurring acquisition and integration costs of $0.6 million after tax, or $0.01 per diluted share, the Company reported first quarter fiscal 2013 net income of $51.1 million, or $0.31 per diluted share. Chico’s FAS, Inc. (NYSE:CHS) shares moved up 0.66% in last trading session and was closed at $15.24, while trading in range of $14.90 – $15.35. Chico’s FAS, Inc. (NYSE:CHS) year to date (YTD) performance is -18.72%.
Apparel retailers Express Inc. (NYSE:EXPR) and Guess Inc. on Thursday forecast disappointing profits for the current quarter as a revival in consumer spending takes longer than expected. Express warned it could post a loss in the current quarter amid high spring inventory and slow traffic, and said it would shut about 50 stores in the next 36 months, sending its shares down about 11 percent in extended trading. Express, Inc. (NYSE:EXPR) ended the last trading day at $13.63. Company weekly volatility is calculated as 2.36% and price to cash ratio as 3.68. Express, Inc. (NYSE:EXPR) showed a negative weekly performance of -0.15%.
Yamana Gold (NYSE:AUY) had its price target trimmed by Cowen and Company from $10.82 to $10.12 in a research report sent to investors on Wednesday morning. Yamana Gold Inc. (USA) (NYSE:AUY) net profit margin is -34.80% and weekly performance is -6.31%. On last trading day company shares ended up $7.13. Analysts mean target price for the company is $10.90. Yamana Gold Inc. (USA) (NYSE:AUY) distance from 50-day simple moving average (SMA50) is -11.82%.