In Stiller v. Costco Wholesale Corporation (NASDAQ:COST), the Southern District of California decertified a statewide class of approximately 30,000 employees who were allegedly required to remain inside Costco warehouses at the end of their shifts without pay while lockdown procedures were completed. The court also decertified a nationwide collective action under the Fair Labor Standards Act that had been conditionally certified in December 2010 concurrent with the California class certification. Costco Wholesale Corporation (NASDAQ:COST) net profit margin is 1.80% and weekly performance is 1.12%. On last trading day company shares ended up $116.02. Analysts mean target price for the company is $120.55. Costco Wholesale Corporation (NASDAQ:COST) distance from 50-day simple moving average (SMA50) is 2.23%.
Family Dollar Stores Inc. (NYSE:FDO) announced last month that it would close about 370 underperforming stores as it tries to tackle slumping sales and earnings. The strategy also involves lowering prices to attract shoppers. Family Dollar Stores, Inc. (NYSE:FDO) shares advanced 0.58% in last trading session and ended the day on $58.60. FDO Gross Margin is 34.30% and its return on assets is 10.10%. Family Dollar Stores, Inc. (NYSE:FDO) quarterly performance is -10.08%.
A number of research firms have recently commented on VIPS. Analysts at JPMorgan Chase & Co. raised their price target on shares of Vipshop Holdings Ltd – ADR (NYSE:VIPS) – from $200.00 to $210.00 in a research note on Monday, May 19th. They now have an “overweight” rating on the stock. On the ratings front, analysts at Nomura raised their price target on shares of Vipshop Holdings Ltd – from $210.00 to $220.00 in a research note on Friday, May 16th. They now have a “buy” rating on the stock. Vipshop Holdings Ltd – ADR (NYSE:VIPS) shares moved down -3.25% in last trading session and was closed at $162.66, while trading in range of $160.72 – $169.69. Vipshop Holdings Ltd – ADR (NYSE:VIPS) year to date (YTD) performance is 94.38%.
Zulily Inc (NYSE:ZU) Director Michael J. Potter unloaded 25,000 shares of the company stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $35.94, for a total value of $898,500.00. Following the completion of the sale, the director now directly owns 25,000 shares in the company, valued at approximately $898,500. Zulily Inc (NASDAQ:ZU) ended the last trading day at $34.73. Company weekly volatility is calculated as 4.80% and price to cash ratio as 13.94. Zulily Inc (NASDAQ:ZU) showed a negative weekly performance of -3.87%.
Tuesday Morning Corp. (NASDAQ:TUES) CEO R Michael Rouleau acquired 6,000 shares of the stock on the open market in a transaction that occurred on Friday, May 16th. The shares were purchased at an average cost of $13.88 per share, for a total transaction of $83,280.00. Tuesday Morning Corporation (NASDAQ:TUES) net profit margin is -3.50% and weekly performance is 4.39%. On last trading day company shares ended up $16.16. Analysts mean target price for the company is $19.67. Tuesday Morning Corporation (NASDAQ:TUES) distance from 50-day simple moving average (SMA50) is 12.87%.