Equities research analysts at Jefferies Group decreased their target price on shares of Marathon Oil (NYSE:MRO) from $36.00 to $33.00 in a research note issued to investors on Thursday. The firm currently has a “buy” rating on the stock. Jefferies Group’s target price would suggest a potential upside of 29.62% from the company’s current price. On Wednesday shares of Marathon Oil Corporation (NYSE:MRO) closed at $27.98. Company’s sales growth for last 5 years was -28.10% and EPS growth for next 5 years is recorded as -5.13%.
Kirby McInerney LLP is investigating potential claims against Office Depot, Inc. (NASDAQ:ODP) concerning the proposed acquisition of the Company by Staples, Inc. (“Staples”) (NASDAQ:SPLS). Under the terms of the definitive agreement, Office Depot stockholders will receive $7.25 in cash and 0.2188 shares of Staples common stock for each share of Office Depot common stock they own, valuing the deal at approximately $11.00 per share. The total transaction value is approximately $6.3 billion. Office Depot, Inc. (NASDAQ:ODP) in last trading activity advanced 2.21% to close at $9.48. Company weekly performance is 22.23% while its quarterly performance stands at 87.08%. Office Depot, Inc. (NASDAQ:ODP) is 1.77% away from its 52 week high.
On last trading day Tutor Perini Corporation (NYSE:TPC) moved down -2.16% to close at $24.04. Its volatility for the week is 4.43% while volatility for the month is 4.44%. TPC’s sales growth for past 5 years was -5.90% and its EPS growth for past 5 years was 23.10%. Tutor Perini Corporation (NYSE:TPC) monthly performance is 2.96%.
MaxLinear, Inc. (NYSE:MXL) agreed to acquire a competitor for the equivalent of $287 million in cash and stock. MaxLinear, Inc. (NYSE:MXL) has 2.90% insider ownership while its institutional ownership stands at 80.80%. In last trading activity company’s stock closed at $8.82.
Kate Spade & Company (NYSE: KATE) and Walton Brown, a subsidiary of The Lane Crawford Joyce Group, o 29 January announced the companies have formed joint ventures focused on scaling and accelerating Kate Spade & Company’s growth in Greater China, continuing its geographic expansion plans. T On last trading day Kate Spade & Company (NYSE:KATE) advanced 0.47% to close at $32.21. Its volatility for the week is 4.30% while volatility for the month is 4.21%. KATE’s sales growth for past 5 years was -20.00% and its EPS growth for past 5 years was 15.60%. Kate Spade & Company (NYSE:KATE) monthly performance is 4.17%.