In an announcement made on Thursday, the Shareholders Foundation said that an investor in shares of Apple Inc. (NASDAQ:AAPL) lodged a case against the board of directors of Apple Inc for allegedly breaching fiduciary duties. Such breach brought damages to Apple Inc. and its stockholders, the announcement said. Apple Inc. (NASDAQ:AAPL) shares after opening at $541.39 moved to $542.50 on last trade day and at the end of the day closed at $538.79. Company price to sales ratio in past twelve months was calculated as 2.76 and price to cash ratio as 11.81. Apple Inc. (NASDAQ:AAPL) showed a positive weekly performance of 0.52%.
Biopharmaceutical Company, Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), expects majority of its revenue for the year to come from its flagship drug, Belviq. This is despite the company reporting a wider than expected net loss of 11 cents for its fourth quarter of 2013 that fell short of consensus estimates of earnings of 15 cents. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) shares fell 3.75% in last trading session and ended the day on $6.42. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) return on equity ratio is recorded as -19.10% and its return on assets is -6.80%. Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) yearly performance is -22.65%.
Willis Group Holdings PLC (NYSE:WSH) was upgraded by stock analysts at Nomura from a “neutral” rating to a “buy” rating in a report issued on Thursday, Analyst Ratings Network reports. The firm currently has a $55.00 price target on the stock, up from their previous price target of $43.00. Nomura’s price target would suggest a potential upside of 24.84% from the company’s current price. Willis Group Holdings PLC (NYSE:WSH) shares moved up 0.27% in last trading session and was closed at $44.15, while trading in range of $ 43.89 – 44.49. Willis Group Holdings PLC (NYSE:WSH) year to date (YTD) performance is -0.76%.
American Eagle Outfitters (NYSE:AEO) has had a dream ride so far. Symbolizing the ideal American dream, the retailer has had it way selling its range of clothing and personal care products and being accepted by Gen X as its status symbol. But the brand is facing stiff competition from other retailers and whether AEO will remain standing in a sea of brand names is a story that only time will tell. American Eagle Outfitters (NYSE:AEO) weekly performance is 6.75%. On last trading day company shares ended up $12.81. American Eagle Outfitters (NYSE:AEO) distance from 50-day simple moving average (SMA50) is -3.69%. Analysts mean target Price for the company is $14.88.
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