Stocks to Watch: Arch Coal Inc (NYSE:ACI), Clovis Oncology (NASDAQ:CLVS), 8×8 (NASDAQ:EGHT), Pier 1 Imports (NYSE:PIR), Jive Software Inc (NASDAQ:JIVE)



Arch Coal Inc. (NYSE:ACI) need to fix it all to protect shareholder value and its falling share prices. The Company won top Colorado awards during last month for its environmental friendly measures as well as workplace safety. However, the recent Environmental Protection Agency’s proposal to reduce carbon emission by cutting coal use and recent accusations of kickbacks taken by Arch Coal workers are potentially driving the stock prices down. The most critical factor impairing the investor sentiment is wider than expected quarterly losses posted on April 22, 2014. Arch Coal Inc (NYSE:ACI) stock performance was 2.17% in last session and finished the day at $3.30. Traded volume was 7.48million shares in the last session and the average volume of the stock remained 7.84million shares. The beta of the stock remained 1.91. Arch Coal Inc (NYSE:ACI) insider ownership is 0.54%.

Citigroup Inc. (NASDAQ:CLVS) downgraded shares of Clovis Oncology (NASDAQ:CLVS) from a buy rating to a neutral rating in a report issued on Tuesday, TheFlyOnTheWall.com reports. They currently have $53.00 target price on the stock, down from their previous target price of $109.00. Clovis Oncology Inc (NASDAQ:CLVS) rose 0.44 percent to $38.40 Wednesday on volume of 3.11million shares. The intra-day range of the stock was $36.11 to $38.82. Clovis Oncology Inc (NASDAQ:CLVS) has a market capitalization of $1.30billion.

8×8, Inc (NASDAQ:EGHT) CEO Vikram Verma acquired 38,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 27th. The stock was purchased at an average price of $7.42 per share, with a total value of $281,960.00. Following the transaction, the chief executive officer now directly owns 163,000 shares of the company’s stock, valued at approximately $1,209,460. 8×8, Inc. (NASDAQ:EGHT)’s stock on June 03, 2014 reported a decrease of -4.09% to the closing price of $6.80. Its fifty two weeks range is $6.74 -$12.42. The total market capitalization recorded $602.22million. The overall volume in the last trading session was 2.32million shares. In its share capital, EGHT has 88.56million outstanding shares.

Pier 1 Imports Inc (NYSE:PIR) will be having their grand opening on July 7th at their new store next to Trader Joe’s in South Burlington. On Wednesday, shares of Pier 1 Imports Inc (NYSE:PIR) advanced 0.88% to close the day at $17.27. Company return on investment (ROI) is 23.60% and its monthly performance is recorded as -6.09%. Pier 1 Imports Inc (NYSE:PIR) quarterly revenue growth is -10.24%.

Shares of Jive Software Inc (NASDAQ:JIVE) have been given an average rating of “Buy” by the ten ratings firms that are covering the company, ARN reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. Jive Software Inc (NASDAQ:JIVE) stock performance was -3.06% in last session and finished the day at $7.29. Traded volume was 1.31million shares in the last session and the average volume of the stock remained 729.50K shares. Jive Software Inc (NASDAQ:JIVE) insider ownership is 4.30%.

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