On June 26, 2014, Nike Inc (NYSE:NKE), reported fiscal 2014 financial results for its fourth quarter and full year ended May 31, 2014. Fiscal 2014 diluted earnings per share rose 11 percent to $2.97, reflecting 10 percent revenue growth, gross margin expansion, a lower tax rate and a lower average share count, which more than offset the impacts of higher SG&A investments and foreign exchange headwinds. During the fourth quarter, NIKE, Inc. repurchased a total of 12.3 million shares for approximately $912 million as part of the four-year, $8 billion program approved by the Board of Directors in September 2012. As of the end of fiscal 2014, a total of 51.9 million shares had been repurchased under this program for approximately $3.4 billion, at an average cost of $65.83 per share. Nike Inc (NYSE:NKE), net profit margin is 14.40% and weekly performance is 4.03%. On last trading day company shares ended up $78.00. Analysts mean target price for the company is $85.29. Nike Inc (NYSE:NKE), distance from 50-day simple moving average (SMA50) is 4.51%.
On June 11, 2014, Caterpillar Inc. (NYSE:CAT), declared a quarterly dividend of $0.70 per share, or $2.8 annualized. This is a 16.7% increase from the prior dividend of $0.60. Caterpillar Inc. (NYSE:CAT), advanced 0.46% in last trading session and ended the day on $109.17. CAT, Gross Margin is 26.00% and its return on assets is 4.50%. Caterpillar Inc. (NYSE:CAT), quarterly performance is 10.02%.
On June 30, 2014, AT&T Inc.(NYSE:T), is selling its stake in America Movil SAB de CV (ADR) (NYSE:AMX) because of a conflict of interest, Bloomberg’s Crayton Harrison said in an interview with Betty Liu. AT&T Inc.(NYSE:T), shares moved up 0.34% in last trading session and was closed at $35.48, while trading in range of $35.15 – 35.53. AT&T Inc.(NYSE:T), year to date (YTD) performance is 3.59%.
On June 19, 2014, High technology products and services provider to aerospace industries, United Technologies Corporation (NYSE:UTX), has reaffirmed its earnings forecast for the current year 2014. The company’s subsidiary Sikorsky also signed an amended agreement with Canadian Government for patrol helicopters. United Technologies Corporation (NYSE:UTX), ended the last trading day at $115.93. Company weekly volatility is calculated as 0.94% and price to cash ratio as 23.74. United Technologies Corporation (NYSE:UTX), showed a negative weekly performance of 0.22%.
The Procter & Gamble Company (NYSE:PG), had its target price lowered by B. Riley from $88.00 to $87.00 in a research note released on Monday morning. They currently have a neutral rating on the stock. The Procter & Gamble Company (NYSE:PG), net profit margin is 12.60% and weekly performance is 0.34%. On last trading day company shares ended up $79.28. Analysts mean target price for the company is $87.32. The Procter & Gamble Company (NYSE:PG), distance from 50-day simple moving average (SMA50) is -1.59%.