Upscale retailer Coach Inc (NYSE:COH) said it would close about 70 stores in North America and that it expected revenue to fall in low double digits in percentage terms in the year ending next June, as it struggles against fast-growing rivals. Coach Inc (NYSE:COH) net profit margin is 19.00% and weekly performance is –7.71%. On last trading day company shares ended up $35.69. Analysts mean target price for the company is $46.57. Coach Inc (NYSE:COH) distance from 50-day simple moving average (SMA50) is -17.60%.
Shares of Verso Paper Corp. (NYSE:VRS) are down on heavy trading volume as the producer of coated papers said that the New York Stock Exchange notified them, saying that they achieved early compliance with the NYSE’s market capitalization continued listing standard. Verso Paper Corp. (NYSE:VRS) shares fell -6.00% in last trading session and ended the day on $1.88. VRS Gross Margin is 12.20%and its return on assets is -15.00%. Verso Paper Corp. (NYSE:VRS) quarterly performance is -26.85%.
Sypris Solutions (NASDAQ:SYPR) Director Gary L. Convis acquired 20,000 shares of the stock on the open market in a transaction dated Tuesday, June 3rd. The stock was purchased at an average cost of $5.19 per share, with a total value of $103,800.00. Following the purchase, the director now directly owns 26,000 shares of the company’s stock, valued at approximately $134,940. Sypris Solutions, Inc. (NASDAQ:SYPR) shares moved down -6.63% in last trading session and was closed at $5.49, while trading in range of $5.40 – $6.01. Sypris Solutions, Inc. (NASDAQ:SYPR) year to date (YTD) performance is 81.19%.
Sequential Brands Group Inc (NASDAQ:SQBG) ended the last trading day at $10.71. Company weekly volatility is calculated as 5.20% and price to cash ratio as 12.02. Sequential Brands Group Inc (NASDAQ:SQBG) showed a negative weekly performance of -5.47.
On May 21, 2014, STR Holdings, Inc. (NYSE:STRI) announced the upcoming exclusive launch of William Rast at Lord & Taylor this Fall. STR Holdings, Inc. (NYSE:STRI) shares moved down -5.26% in last trading session and was closed at $1.44, while trading in range of $1.42 – $1.54. STR Holdings, Inc. (NYSE:STRI) year to date (YTD) performance is -8.28%.