U.S sportswear giant Nike Inc. (NYSE:NKE) is banking on its elite list of the best soccer players in the world to act as a competitive advantage over its German fierce rival Adidas AG (ADS). Nike has made its intention known of its desire to overtake the German company as the top sport selling company in this year’s world cup having signed 10 of the most marketable footballers in the world. Nike Inc. (NYSE:NKE) net profit margin is 9.90% and weekly performance is 3.24%. On last trading day company shares ended up $76.38. Analysts mean target price for the company is $82.39. Nike Inc. (NYSE:NKE) distance from 50-day simple moving average (SMA50) is 3.35%.
Adidas AG (ADR) (OTCMKTS:ADDYY) a sportswear and sports equipment company based in Germany, extended the contract of its chief financial officer, Robin Stalker, to March 2018. Mr. Stalker received compensation valued at $1.2 million in 2013, according to the company’s 2013 annual report. adidas AG (ADR)(OTCMKTS:ADDYY) shares advanced 0.11% in last trading session and ended the day on $53.40.
Shares of Ciena Corporation (NASDAQ:CIEN) have received an average recommendation of “Buy” from the twenty-two brokerages that are covering the stock, AR Network reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $27.00. Ciena Corporation (NYSE:CIEN) shares moved down -1.19% in last trading session and was closed at $19.92, while trading in range of $19.57 – $20.21. Ciena Corporation (NYSE:CIEN) year to date (YTD) performance is -16.76%.
Cyan Inc. (NYSE:CYNI), a leading provider of SDN, NFV, and packet-optical solutions for network operators, announced that it is collaborating with Telefónica and Red Hat to develop a network functions virtualization (NFV) architecture to support the deterministic placement of virtualized network functions (VNFs). Cyan Inc. (NYSE:CYNI) ended the last trading day at $3.84. Company weekly volatility is calculated as 6.57% and price to cash ratio as 3.84.Cyan Inc. (NYSE:CYNI) showed a positive weekly performance of 9.40%.
China-based real estate Internet portal SouFun Holdings Ltd (NYSE:SFUN) announced on 7 may that it had earned 11 cents a share, beating views by a penny and up 37.5% from Q1 ’13. Revenue grew 33.2% to $121.2 mil. Operating income and income tax expenses saw double-digit increases year over year. SouFun credited its website platform as well as its growing mobile platform for its results despite China’s volatile real estate market. Shares fell 8.4% to 10.64. SouFun Holdings Ltd (NYSE:SFUN) net profit margin is 46.80% and weekly performance is 15.17%. On last trading day company shares ended up $12.91. Analysts mean target price for the company is $17.54. SouFun Holdings Ltd (NYSE:SFUN) distance from 50-day simple moving average (SMA50) is -0.81%.