Joe’s Jeans, Inc. (NASDAQ:JOEZ) reported Q2 EPS of $0.01, $0.04 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $48.2 million versus the consensus estimate of $48.96 million. Joe’s Jeans Inc (NASDAQ:JOEZ) stock performance was 20.39% in last session and finished the day at $1.24. Traded volume was 4.28million shares in the last session and the average volume of the stock remained 284.36K shares. The beta of the stock remained 0.79. Joe’s Jeans Inc (NASDAQ:JOEZ) insider ownership is 23.80%.
Deckers Outdoor Corp (NASDAQ:DECK) was downgraded by stock analysts at Macquarie from an “outperform” rating to a “neutral” rating in a report issued on Tuesday, 1 July 2014, TheFlyOnTheWall.com reports. They currently have a $92.00 target price on the stock, down from their previous target price of $95.00. Macquarie’s target price indicates a potential upside of 6.57% from the company’s current price. The analysts noted that the move was a valuation call. Deckers Outdoor Corp (NYSE:DECK) dropped -2.29 percent to $81.53 Friday on volume of 1.18million shares. The intra-day range of the stock was $80.44 to $83.81. Deckers Outdoor Corp (NYSE:DECK) has a market capitalization of $2.82billion.
On June 16, 2014, Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) filed suit against Roxane Laboratories, Inc. (“Roxane”) in the United States District Court for the District of Delaware. The suit seeks an adjudication that Roxane has infringed one or more claims of the Company’s U.S. Patent No. 8,586,610 (the “Patent”) by submitting to the U.S. Food and Drug Administration an Abbreviated New Drug Application for generic versions of iloperidone oral tablets in 1 mg, 2 mg, 4 mg, 6 mg, 8 mg, 10 mg, and 12 mg strengths. Vanda Pharmaceuticals Inc. (NASDAQ:VNDA)’s stock on July 11, 2014 reported a decrease of -1.04% to the closing price of $14.27. Its fifty two weeks range is $5.70 -$19.25. The total market capitalization recorded $483.47million. The overall volume in the last trading session was 357.00K shares. In its share capital, VNDA has 33.88million outstanding shares.
Leading the local stocks for the quarter and first six months was the packaging giant MeadWestvaco Corp. (NYSE:MWV), which saw its stock gain 17.59 percent for the second quarter and 24.11 percent for the first six months of the year. The company reported rising profit for the first quarter and also implemented a $300 million stock buyback program in February. On Friday, shares of MeadWestvaco Corp. (NYSE:MWV) advanced 0.41% to close the day at $43.71. Company return on investment (ROI) is 7.80% and its monthly performance is recorded as -0.27%. MeadWestvaco Corp. (NYSE:MWV) quarterly revenue growth is 15.36%.