Facebook Inc (NASDAQ:FB) constantly works on its brand as the world’s most popular social networking platform by adding new features, changing layouts, and working on projects to extend its reach across different devices. In adding the new 15-second video feature to Facebook Messenger iOS, the company is looking to have its brand seep into the area of social media dominated by Vine, Snapchat, and other services. Facebook Inc (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 3.20%. On last trading day company shares ended up $64.50. Analysts mean target price for the company is $77.91. Facebook Inc (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 6.62%.
Layne Christensen Company (NASDAQ:LAYN) issued its quarterly earnings data on Monday. The company reported ($1.41) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.34) by $1.07, Analyst Ratings Newsreports. The company had revenue of $191.20 million for the quarter, compared to the consensus estimate of $206.58 million. Layne Christensen Company (NASDAQ:LAYN) shares fell -1.78% in last trading session and ended the day on $14.90. Gross Margin is 17.20% and its return on assets is -18.20%. Layne Christensen Company (NASDAQ:LAYN) quarterly performance is -14.32%.
GNC Holdings Inc (NYSE:GNC) announced Friday morning that Michael M. Nuzzo, its Executive Vice President & Chief Financial Officer, has tendered his resignation. Mr. Nuzzo has accepted an executive position at a private equity funded consumer products company. GNC Holdings Inc (NYSE:GNC) shares moved down -5.51% in last trading session and was closed at $34.96, while trading in range of $34.38 – $36.18. GNC Holdings Inc (NYSE:GNC) year to date (YTD) performance is -39.73%.
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of TW Telecom Inc (NASDAQ:TWTC) relating to the sale of the Company to Level 3 Communications (NYSE: LVLT) (“Level 3”). On June 16, 2014, the two companies announced the signing of a definitive merger agreement pursuant to which Level 3 will acquire TW Telecom in a merger valued at roughly $1.9 billion. As a result of the merger, TW shareholders are only anticipated to receive $10 per share in cash and 0.7 shares of Level 3 common stock in exchange for each share of TW. The total consideration TW shareholders are expected to receive is roughly $40.86 per share. TW Telecom Inc (NASDAQ:TWTC) ended the last trading day at $36.34. Company weekly volatility is calculated as 4.26% and price to cash ratio as 14.11. TW Telecom Inc (NASDAQ:TWTC) showed a positive weekly performance of 11.68%.
Among the companies whose shares are expected to see active trading in Monday’s session are Medtronic Inc. and Covidien PLC (NYSE:COV), as well as Layne Christensen Co. Medtronic MDT +8.73% announced a deal on Sunday to buy Ireland-based Covidien PLC COV +32.46% in a $42.9 billion cash-and-stock deal. Covidien plc (NYSE:COV) net profit margin is 15.50% and weekly performance is -2.15%. On last trading day company shares ended up $72.02. Analysts mean target price for the company is $79.25. Covidien plc (NYSE:COV) distance from 50-day simple moving average (SMA50) is 0.68%.