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Coach, Inc. (NYSE: COH) shares declined 0.24 percent to close at $55.14 a share Tuesday. The stock traded between $54.94 and $55.97 on volume of 3.05 million shares traded. Analysts at Lazard Capital have recently downgraded the company’s rating to “neutral” from “buy” due to concerns related to near-term sales. Shares of Coach have fallen approximately 4.54 percent in the past month.
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Melco Crown Entertainment Ltd. (NASDAQ: MPEL) shares spiked 4.87 percent to close at $22.40 a share Tuesday. The stock traded between $21.71 and $22.48 on volume of 5.44 million shares traded. Analysts at Deutsche Bank have recently downgraded the company’s rating to “hold” from “buy”. Shares of Melco Crown Entertainment have gained approximately 33.0 percent year-to-date.
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Pan American Silver Corp. (NASDAQ: PAAS)(TSX: PAA) closed at $10.74 a share Tuesday. The stock traded between $10.56 and $10.90 on volume of 2.45 million shares traded. Analysts at Cowen have recently downgraded the company’s rating to “market perform” from “outperform”. Shares of Pan American Silver have fallen approximately 42.6 percent year-to-date.
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PulteGroup, Inc. (NYSE: PHM) shares increased 3.88 percent to close at 19.02 a share Tuesday. The stock traded between $18.81 and $19.47 on volume of 15.67 million shares traded. Shares of U.S. homebuilders surged Tuesday as the Standard & Poor's Case-Shiller home-price index posted its largest year-over-year gain in seven years. Shares of PulteGroup have gained approximately 4.75 percent year-to-date.
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