Bank of America assumed coverage on shares of Sabra Health Care REIT (NASDAQ:SBRA) in a report released on Monday. The firm issued a neutral rating and a $29.00 price objective on the stock. Sabra Health Care REIT Inc (NASDAQ:SBRA) net profit margin is 4.60% and weekly performance is 2.77%. On last trading day company shares ended up $29.28. Analysts mean target price for the company is $30.50. Sabra Health Care REIT Inc (NASDAQ:SBRA) distance from 50-day simple moving average (SMA50) is 2.42%.
Renewable Energy Group Inc (NASDAQ:REGI) is seeking to issue $125 million in notes to refinance a credit line for a Louisiana refinery. The convertible senior notes will pay 2.75 percent in interest and will be due in 2019, the Ames, Iowa-based company said in a statement. Renewable Energy expects net proceeds of $120.4 million. Renewable Energy Group Inc (NASDAQ:REGI) shares fell -1.20% in last trading session and ended the day on $9.89. REGI Gross Margin is 11.30% and its return on assets is 23.10%. Renewable Energy Group Inc (NASDAQ:REGI) quarterly performance is -15.25%.
General Cable Corporation (NYSE:BGC) announced that its Board of Directors declared a quarterly dividend of $0.18 per share on all outstanding common shares. The dividend is payable on June 27, 2014, to all common shareholders of record at the close of business on June 9, 2014. General Cable Corporation (NYSE:BGC) shares moved up 1.19% in last trading session and was closed at $25.50, while trading in range of $24.94 – $25.50. General Cable Corporation (NYSE:BGC) year to date (YTD) performance is -13.29%.
Shares of apparel and accessory retailer Express, Inc. (NYSE:EXPR) are sinking after the company’s first quarter results and both its second quarter and fiscal 2014 profit outlook trailed expectations. WHAT’S NEW: Last night, Express reported Q1 earnings per share of 6c and revenue of $460.7M, trailing the consensus views of 14c and $464.06M, respectively. Q1 comparable sales declined 11%. WHAT’S NOTABLE: Express forecast Q2 EPS of (3c)-3c versus consensus of 14c. For FY14, the company expects EPS of 74c-90c, far below the consensus estimate of $1.14. Express, Inc. (NYSE:EXPR) ended the last trading day at $12.61. Company weekly volatility is calculated as 3.11% and price to cash ratio as 3.41. Express, Inc. (NYSE:EXPR) showed a negative weekly performance of -8.69%.
On May 12, Chatham Lodging Trust (NYSE:CLDT) announced that its board of trustees has declared a monthly common share dividend of $0.08 for May 2014. The common dividend is payable June 27, 2014, to shareholders of record on May 30, 2014. Chatham Lodging Trust (NYSE:CLDT) ended the last trading day at $22.50. Company weekly volatility is calculated as 2.00% and price to cash ratio as 102.38. Chatham Lodging Trust (NYSE:CLDT) showed a positive weekly performance of 2.09%.