Deere & Company (NYSE:DE) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -5.48% to $77.74. Net income attributable to Deere & Company (DE) was $495.4 million, or $1.56 per share, for the second quarter ended April 30, compared with $690.5 million, or $2.03 per share, for the same period last year. For the first six months of the year, net income attributable to Deere & Company was $749.8 million, or $2.36 per share, compared with $1.077 billion, or $3.14 per share, last year.Worldwide net sales and revenues decreased 4 percent, to $7.875 billion, for the second quarter and declined 8 percent, to $13.400 billion, for six months. Net sales of the equipment operations were $7.107 billion for the quarter and $11.876 billion for the first six months, compared with $7.399 billion and $13.004 billion for the periods last year. The share price of DE attracts active investors, as stock price of week volatility recorded 2.34%. The stock is going forward to its 52-week low with 11.64% and lagging behind from its 52-week high price with -19.00%.
Sovran Self Storage Inc. (NYSE:SSS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 2.50% to close at $105.95 with the total traded volume of 5.89 Million shares. Sovran Self Storage, Inc. (NYSE:SSS) reported that it priced an underwritten public offering of 6,000,000 shares of its common stock at $100.00 per share. Net proceeds to the Company after deducting underwriting discounts and commissions and estimated offering expenses are expected to be approximately $578.4 million. The underwriters have a 30-day option to buy up to an additional 900,000 shares.
The offering is expected to close on Wednesday, May 25, 2016 subject to customary closing conditions. Net proceeds from the offering will be used to partially fund the acquisition of LifeStorage totaling 84 properties for $1.3 billion, debt prepayment, and general corporate purposes. The firm has institutional ownership of 95.00%, while insider ownership included 1.80%. Its price to sales ratio ended at 10.72. SSS attains analyst recommendation of 2.10 with week performance of -7.06%.
Amplify Snack Brands, Inc. (NYSE:BETR) [Trend Analysis] moved up reacts as active mover, shares a gain 13.23% to traded at $13.61 and the percentage gap between open changing to regular change was 5.82%. Amplify Snack Brands, Inc. (BETR) announced that the pricing of a public offering for 10,000,000 shares of Amplify’s common stock at a public offering price of $11.25 per share. All shares are being sold by existing stockholders, including certain directors of the Company. Amplify will not receive any of the proceeds from the offering. The selling stockholders have also granted the underwriters a 30-day option to purchase up to 1,500,000 additional shares of common stock.
The offering is expected to close on May 25, 2016, subject to customary closing conditions. Goldman, Sachs & Co., Jefferies, Credit Suisse and SunTrust Robinson Humphrey are acting as joint book-running managers for the proposed offering. Piper Jaffray, William Blair and Oppenheimer & Co. are acting as co-managers. The firm’s current ratio calculated as 0.70 for the most recent quarter. The firm past twelve months price to sales ratio was 4.71 and price to cash ratio remained 121.50. As far as the returns are concern, the return on equity was recorded as 33.20% and return on investment was 10.40% while its return on asset stayed at 4.20%. The firm has total debt to equity ratio measured as 7.96. The firm has 20-Day Simple Moving Average has