Saturday, 28 June 2014

Notable Movers: Berkshire Hathaway Inc. (NYSE:BRK.A), The Wet Seal (NASDAQ:WTSL ...


NetJets Inc., a Berkshire Hathaway Inc. (NYSE:BRK.A) is celebrating its 50th anniversary this year.  The company has operated service out of Westchester County Airport for 10 years, making over 87,000 flights and carrying more than 300,000 passengers in that span. On last trading day Berkshire Hathaway Inc. (NYSE:BRK.A) share price ended up at $190,559.00 with day range of $190,050.00 - $191,059.00.


On May 27, The Wet Seal, Inc. (NASDAQ:WTSL) a leading specialty retailer to young women, announced financial results for the first quarter of fiscal 2014 ended May 3, 2014. Net sales for the quarter ended May 3, 2014, were $116.7 million compared to net sales of $140.4 million for the quarter ended May 4, 2013. Gross profit was $23.1 million compared to $42.2 million, while gross margin was 19.8% versus 30.1%, in the first quarter of last year. On Friday The Wet Seal, Inc. (NASDAQ:WTSL) shares of opened at $0.86 and closed at $0.913. This year company’s Earnings per Share (EPS) growth is 64.80% and next year’s estimated EPS growth is 81.00 %.  Beta of The Wet Seal, Inc. (NASDAQ:WTSL) is 1.06.


American Eagle Outfitters, Inc. (NYSE:AEO) will begin trading ex-dividend on June 30, 2014. A cash dividend payment of $0.125 per share is scheduled to be paid on July 15, 2014. Shareholders who purchased AEO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 5th quarter that AEO has paid the same dividend. American Eagle Outfitters (NYSE:AEO) traded 18,240,440 shares and its share price increased 0.52 % to the closing price of $11.55. Company market capitalization is 2.25 B and has 0.90% insider ownership. American Eagle Outfitters (NYSE:AEO) quarterly performance is -3.75 % while its year to date (YTD) performance is -18.95%.



Urban Outfitters Inc (NASDAQ:URBN)‘s stock had its “in-line” rating reiterated by equities research analysts at Morgan Stanley in a research note issued to investors on Tuesday. Urban Outfitters, Inc. (NASDAQ:URBN) ended up -0.27% lower to close at $33.74 on last trading day while trading in the range of $33.58 - $33.87.Its return on assets (ROA) is 13.20 % while return on investment (ROI) is 16.60 %.  Urban Outfitters, Inc. (NASDAQ:URBN) price to earnings (P/E) ratio is 18.44.


On June 23, Hemp Inc (OTCMKTS:HEMP) wholly owned subsidiary, The Industrial Hemp and Medical Marijuana Consulting Company, Inc. (IHMMCC), announced that it has signed a consultant agreement with PPJ Enterprise PPJE +25.00% , a leader in medical practice information management. The strategic alliance with PPJ Enterprise has already proven advantageous for PPJE and its shareholders, as PPJE’s stock rose 150% and 30% respectively just after news of the alliance was released late last week by PPJE. On last trading day Hemp Inc (OTCMKTS:HEMP) share price ended up at $0.0582  with day range of $0.06  – $0.06.