Zeldes Haeggquist & Eck, LLP, a shareholder and consumer rights litigation firm has commenced an investigation into Veeva Systems Inc (NYSE:VEEV) for securities law violations in connection with the Company’s October 15, 2013 initial public offering (“IPO”) and Secondary Offering. Veeva Systems Inc (NYSE:VEEV) net profit margin is 5.30% and weekly performance is 4.80%. On last trading day company shares ended up $21.16. Analysts mean target price for the company is $41.50. Veeva Systems Inc (NYSE:VEEV) distance from 50-day simple moving average (SMA50) is -8.98%.
Credit Suisse said the sell-off in Rexnord Corp (NYSE:RXN) following the Q4 report provides a buying opportunity ahead of the June 3 analyst day. The firm expects M&A to provide upside to earnings estimates and expects an acceleration in organic growth as mining levels rebound. Shares are Outperform rated with a $31 price target. Rexnord Corp (NYSE:RXN) shares advanced 5.99% in last trading session and ended the day on $27.26. RXN Gross Margin is 36.70% and its return on assets is 0.40%. Rexnord Corp (NYSE:RXN) quarterly performance is -6.45%.
The Dow Chemical Company (NYSE:DOW) subsidiary Dow AgroSciences has launched a food security initiative in Africa in collaboration with AMPATH, an Indiana University-led consortium. Through the initiative, Dow AgroSciences and AMPATH will educate the people in Africa to fight hunger by offering local farmers with agricultural knowledge that will help them to improve their crop yield and hence their quality of life. The Dow Chemical Company (NYSE:DOW) shares moved up 1.81% in last trading session and was closed at $50.68, while trading in range of $49.76 – $50.74. The Dow Chemical Company (NYSE:DOW) year to date (YTD) performance is 15.00%.
Lions Gate Entertainment Corp. (USA) (NYSE:LGF) and World Wrestling Entertainment Inc. signed a deal to co-produce six new action movies. The series dubbed as ‘Action Six Pack’ will provide a platform to both the superstars and rising stars of World Wrestling Entertainment. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) ended the last trading day at $28.89. Company weekly volatility is calculated as 3.24% and price to cash ratio as 52.88. Lions Gate Entertainment Corp. (USA) (NYSE:LGF) showed a positive weekly performance of 9.51%.
Shares of SouFun Holdings (NASDAQ:SFUN) have earned a consensus recommendation of “Buy” from the nine brokerages that are covering the company, Analyst Ratings Network.com reports. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. SouFun Holdings Ltd (NYSE:SFUN) shares advanced 5.32% in last trading session and ended the day on $12.28. SFUN Gross Margin is 83.90% and its return on assets is 25.80%. SouFun Holdings Ltd (NYSE:SFUN) quarterly performance is -18.13%.