JinkoSolar Holding Co. (NYSE:JKS) announced its earnings results on Tuesday. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.40 by $0.20,American Banking News reports. The company had revenue of $3.24 billion for the quarter, compared to the consensus estimate of $288.50 million. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 2.70% and weekly performance is 12.48%. On last trading day company shares ended up $25.86. Analysts mean target price for the company is $44.33. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average (SMA50) is -7.96%.
Investment analysts at Barclays cut their price target on shares of Splunk Inc (NASDAQ:SPLK) from $78.00 to $51.00 in a note issued to investors on Friday. The firm currently has an “equal weight” rating on the stock. Barclays’ price objective indicates a potential upside of 10.89% from the company’s current price. Splunk Inc (NASDAQ:SPLK) shares advanced 0.52% in last trading session and ended the day on $45.99. Gross Margin is 88.20% and its return on assets is -13.80%. Splunk Inc (NASDAQ:SPLK) quarterly performance is -49.32%.
The Bank of Nova Scotia (USA) (NYSE:BNS) announced that the Toronto Stock Exchange (TSX) and the Office of the Superintendent of Financial Institutions (OSFI) have accepted its notice of intention to conduct a normal course issuer bid to enable it to purchase up to 12 million of its Common Shares. This represents approximately one per cent of the 1,216,689,705 Common Shares issued and outstanding as of May 23, 2014. The Bank of Nova Scotia (USA) (NYSE:BNS) shares moved up 0.29% in last trading session and was closed at $62.51, while trading in range of $62.32 – $62.65. The Bank of Nova Scotia (USA) (NYSE:BNS) year to date (YTD) performance is 1.89%.
Michael S. Jeffries, the Abercrombie & Fitch Co. (NYSE:ANF) chief executive officer who was paid $48.1 million in 2011, got 95 percent less last year after the company’s board tried to placate shareholders who twice slammed its executive pay structure. Abercrombie is one of eleven companies in the Russell 3000 Index that failed to win majority shareholder support for pay practices in non-binding votes for their two most recent fiscal years, according to data compiled by Bloomberg. Abercrombie & Fitch Co. (NYSE:ANF) ended the last trading day at $37.16. Company weekly volatility is calculated as 3.22% and price to cash ratio as 4.51. Abercrombie & Fitch Co. (NYSE:ANF) showed a negative weekly performance of -2.21%.
On May 22, Ares Management, L.P. (NYSE:ARES) announced that it will report earnings for the quarter ended March 31, 2014 on Tuesday, June 10, 2014 and invites all interested persons to attend its webcast/conference call at 12:00 p.m. (Eastern Time) to discuss its first quarter 2014 financial results. Ares Management LP (NYSE:ARES) net profit margin is 83.80% and weekly performance is 3.12%. On last trading day company shares ended up $18.17. Ares Management LP (NYSE:ARES) distance from 50-day simple moving average (SMA50) is 1.99%.
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