Mid Cap New Lows: Tibco Software Inc. (NASDAQ:TIBX), Staples (NASDAQ:SPLS), Cliffs Natural Resources Inc (NYSE:CLF), Ascena Retail Group, China Southern Airlines

Technology Stocks News 11

Tibco Software Inc (NASDAQ:TIBX) was one of the Nasdaq’s most active, slumping 8.2 percent to $19.10 a day after a second-quarter outlook sharply below expectations. Tibco Software Inc. (NASDAQ:TIBX) stock performance was -5.44% in last session and finished the day at $19.66. Traded volume was 19.28million shares in the last session and the average volume of the stock remained 2.46million shares. The beta of the stock remained 1.56. Tibco Software Inc. (NASDAQ:TIBX) insider ownership is 6.50%.

Shares of Staples Inc. (NASDAQ:SPLS) are flat but trading on heavy volume a day after it announced that its board declared a quarterly cash dividend on its common stock of 12 cents per share. TheStreet Ratings team rates STAPLES INC as a Hold with a ratings score of C.Staples, Inc. (NASDAQ:SPLS) rose 0.37 percent to $10.95 Wednesday on volume of 18.69million shares. The intra-day range of the stock was $10.85 to $11.01. Staples, Inc. (NASDAQ:SPLS) has a market capitalization of $7.08billion.

Cliffs Natural Resources Inc (NYSE:CLF) saw unusually large options trading activity on Wednesday. Stock investors bought 24,734 put options on the company, American Banking & Market News reports. This is an increase of approximately 104% compared to the average daily volume of 12,118 put options. Cliffs Natural Resources Inc (NYSE:CLF)’s stock on June 03, 2014 reported a decrease of -2.28% to the closing price of $14.60. Its fifty two weeks range is $14.50 -$28.98. The total market capitalization recorded $2.24billion. The overall volume in the last trading session was 7.90million shares. In its share capital, CLF has 153.18million outstanding shares.

Analysts at Susquehanna cut their price objective on shares of Ascena Retail Group Inc (NASDAQ:ASNA) from $24.00 to $21.00 in a research report issued to clients and investors on Thursday. Susquehanna’s price objective indicates a potential upside of 27.58% from the company’s current price. On Wednesday, shares of Ascena Retail Group Inc (NASDAQ:ASNA) advanced 0.37% to close the day at $16.46. Company return on investment (ROI) is 10.00% and its monthly performance is recorded as -2.60%. Ascena Retail Group Inc (NASDAQ:ASNA) quarterly revenue growth is -9.36%.

China Southern Airlines Co., Ltd. (ADR) (NYSE:ZNH) said it signed an aircraft purchase contract with Airbus. According to the contract, it agrees to purchase 30 A320 series aircrafts and 50 A320 NEO series aircrafts from Airbus. Delivery time will be from 2016 to 2020. China Southern Airlines Co Ltd (ADR) (NYSE:ZNH) stock performance was -1.56% in last session and finished the day at $14.55. Traded volume was 32,196.00million shares in the last session and the average volume of the stock remained 36.75k shares. The beta of the stock remained 1.52.

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