Trader’s ALert: Jos. A. Bank Clothiers (NASDAQ:JOSB), SanDisk Corporation (NASDAQ:SNDK), Kraft Foods Group (NASDAQ:KRFT), A-Mark Precious Metals, (NASDAQ:AMRK), Lam Research Corporation (NASDAQ:LRCX)

Posted by on May 31, 2014

Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) announced that the Federal Trade Commission has granted termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, (“HSR Act”) applicable to The Men’s Wearhouse’s (NYSE:MW) proposed acquisition of Jos. A. Bank Clothiers Inc (NASDAQ:JOSB). Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) net profit margin is 6.10% and weekly performance is 0.65%. On last trading day company shares ended up $64.95. Analysts mean target price for the company is $51.00. Jos. A. Bank Clothiers Inc (NASDAQ:JOSB) distance from 50-day simple moving average (SMA50) is 0.79%.

On 29 MAY SanDisk Corporation (NASDAQ:SNDK) announced and advanced solid state drive (SSD) that provides self-encrypting. The SanDisk X300 provides IT decision makers with an added advantage in handling complex data management and security challenges. The device will be available through SanDisk’s Commercial Business Channel. SanDisk Corporation (NASDAQ:SNDK) shares advanced 0.02% in last trading session and ended the day on $96.63. SNDK Gross Margin is 48.70% and its return on assets is 11.60%. SanDisk Corporation (NASDAQ:SNDK) quarterly performance is 30.40%.

On 20 MAY Kraft Foods Group Inc (NASDAQ:KRFT) recalled 1.2 million cases of select cottage cheese products. The company doubts that some ingredients used in the products were not stored as per Kraft storage standards. This could lead to spoilage of these products and cause several food borne diseases, if consumed. The cases recalled have codes dated from May 9, 2014 through Jul 23, 2014 and have only been shipped within the United States. Kraft Foods Group Inc (NASDAQ:KRFT) shares moved up 0.73% in last trading session and was closed at $59.46, while trading in range of $58.71 – $59.56. Kraft Foods Group Inc (NASDAQ:KRFT) year to date (YTD) performance is 11.31%.

A-Mark Precious Metals, Inc (NASDAQ:AMRK) reported results for its fiscal third quarter and nine months ended March 31, 2014. Revenue was $1.58 billion, a decrease of 14% from $1.83 billion in the same year-ago quarter. The decrease was primarily due to the decline in the commodity price for gold, as well as a decrease in the volume of gold ounces sold, partially offset by an increase in the volume of silver ounces sold during the period. Gross profit was $7.5 million (0.48% of revenue) compared to $7.6 million (0.41% of revenue) in the same year-ago quarter. A-Mark Precious Metals, Inc (NASDAQ:AMRK) ended the last trading day at $11.20. Company weekly volatility is calculated as 2.16%. A-Mark Precious Metals, Inc (NASDAQ:AMRK) showed a negative weekly performance of -2.10%

On 28 MAY Lam Research Corporation (NASDAQ:LRCX) announced first quarter results. The revenue growth greatly exceeded the industry average of 4.1%. Since the same quarter one year prior, revenues rose by 45.3%.. Lam Research Corporation (NASDAQ:LRCX)’s debt-to-equity ratio is very low at 0.28 and is currently below that of the industry average, implying that there has been very successful management of debt levels. The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Semiconductors & Semiconductor Equipment industry. The net income increased by 765.4% when compared to the same quarter one year prior, rising from $19.00 million to $164.40 million. Lam Research Corporation (NASDAQ:LRCX) net profit margin is 11.20% and weekly performance is 4.80%. On last trading day company shares ended up $62.04. Analysts mean target price for the company is $65.00. Lam Research Corporation (NASDAQ:LRCX) distance from 50-day simple moving average (SMA50) is 10.08%.

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