During the late Steve Jobs’s reign as CEO ‘Think different’ became Apple Inc. (NASDAQ:AAPL)’s creed. Now, chief executive Tim Cook is embracing the idea while making decisions that would have seemed crazy to his fabled predecessor. Apple Inc. (NASDAQ:AAPL)’s purchase of headphone maker and streaming music company Beats Electronicsfor $3.2 billion is just the latest example of Cook’s deviation from Jobs, who had so much confidence in his company’s innovative powers that he saw little sense in spending large amounts of money on acquisitions. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is 0.82%. On last trading day company shares ended up $593.87. Analysts mean target price for the company is $626.93. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 9.07%.
Kate Spade & Co (NYSE:KATE) reported Q1 EPS of ($0.06), $0.02 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $224 million versus the consensus estimate of $201.28 million. Comparable adjusted EBITDA, net of foreign currency transaction adjustments, which excludes Juicy Couture and Lucky Brand, was $17 million for the first quarter of 2014 and $8 million for the first quarter of 2013. Kate Spade & Co (NYSE:KATE) shares advanced 8.51% in last trading session and ended the day on $37.60. Gross Margin is 57.40% and its return on assets is 8.10%. Kate Spade & Co (NYSE:KATE) quarterly performance is 22.76%.
Ford Motor Company (NYSE:F) Credit Company alleges it entered into an agreement to lease a 2010 Ford Edge to Goldman. The plaintiff asserts that the defendant defaulted on the terms of the contract and owes $1,292.25 for excessive wear and tear and taxes owed on the contract. Ford Motor Company (NYSE:F) shares moved down -0.69% in last trading session and was closed at $15.75, while trading in range of $15.75 – $15.89. Ford Motor Company (NYSE:F) year to date (YTD) performance is 3.69%.
Recall-plagued General Motors Company (NYSE:GM) is recalling 140,067 of its 2014 Chevrolet Malibu mid-size sedans because the brakes could fail to work correctly. In a letter to the National Highway Traffic Safety Administration, GM said the vehicles involved have the 2.5-liter four-cylinder engine and automatic stop/start, which is the base equipment on the car. General Motors Company (NYSE:GM) ended the last trading day at $34.94. Company weekly volatility is calculated as 1.69% and price to cash ratio as 1.99. General Motors Company (NYSE:GM) showed a negative weekly performance of -0.37%.
The Coca-Cola Company (NYSE:KO) will become Keurig Green Mountain Inc. (GMCR)’s largest shareholder after raising its stake to 16 percent, doubling down on the maker of Keurig coffee brewers at a time when consumers are increasingly shunning sugary sodas. The Coca-Cola Company (NYSE:KO) net profit margin is 18.20% and weekly performance is -0.05%. On last trading day company shares ended up $40.89. Analysts mean target price for the company is $44.59. The Coca-Cola Company (NYSE:KO) distance from 50-day simple moving average (SMA50) is 3.85%.