Trader’s Alert: Lululemon Athletica (NASDAQ:LULU), Shanda Games Limited (ADR) (NASDAQ:GAME), Red Hat Inc (NYSE:RHT), Move (NASDAQ:MOVE), T-Mobile US Inc (NYSE:TMUS)

Lululemon Athletica inc. (NASDAQ:LULU) Has $1 Billion Incentives for a Buyer.  Suitors willing to court Lululemon’s founder and largest shareholder Chip Wilson would get a company that’s projected to boost sales 46 percent over the next three years.  Lululemon Athletica inc. (NASDAQ:LULU) net profit margin is 18.30% and weekly performance is -9.98%. On last trading day company shares ended up $39.88. Analysts mean target price for the company is $43.15. Lululemon Athletica inc. (NASDAQ:LULU) distance from 50-day simple moving average (SMA50) is-13.02%.

On June 17, 2014, Shanda Games Limited (ADR) (NASDAQ:GAME) announced its unaudited consolidated financial results for the first quarter 2014 ended March 31, 2014. Net revenues were RMB992.1 million (US$161.3 million), down 3.6% QoQ and 9.6% YoY.  Gross profit was RMB782.0 million (US$127.1 million), down 1.0% QoQ and 6.5% YoY.  Gross margin was 78.8%, compared with 76.7% in Q4 2013 and 76.2% in Q1 2013. Operating income was RMB402.0 million (US$65.3 million), down 7.1% QoQ and 18.2% YoY.  Operating margin was 40.5%, compared with 42.1% in Q4 2013 and 44.8% in Q1 2013. Shanda Games Limited (ADR) (NASDAQ:GAME) shares fell -0.89% in last trading session and ended the day on $6.70. GAME Gross Margin is 73.90% and its return on assets is 25.40%. Shanda Games Limited (ADR) (NASDAQ:GAME) quarterly performance is 1.67%.

 

Red Hat Inc (NYSE:RHT) reported first quarter adjusted EPS of $0.34 after the close Wednesday, compared to $0.32 last year. Analysts expected EPS of $0.33. The stock is now up 2.15 on 455K shares. Red Hat Inc (NYSE:RHT) shares moved up 1.28% in last trading session and was closed at $53.10, while trading in range of $52.16 – 53.22. Red Hat Inc (NYSE:RHT) year to date (YTD) performance is -5.25%.

Move Inc. (NASDAQ:MOVE) reported its websites are experiencing a distributed denial of service (DDoS) attack.  Move Inc. (NASDAQ:MOVE) ended the last trading day at $14.85. Company weekly volatility is calculated as 5.23% and price to cash ratio as 5.08. Move Inc. (NASDAQ:MOVE) showed a positive weekly performance of 9.76%.

 

With customers now spending more time streaming music than ever before, T-Mobile US Inc (NYSE:TMUS) announced a set of groundbreaking initiatives designed to both un-leash music in America and put its network’s data muscle on display. T-Mobile US Inc (NYSE:TMUS) shares moved down1.15% in last trading session and was closed at $32.68, while trading in range of $32.46 – $33.20. T-Mobile US Inc (NYSE:TMUS) year to date (YTD) performance is -2.85%.

 

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