Making Impressive Motion: Coach, Inc., Allegiant Travel Company (NASDAQ:ALGT), Southwestern Energy Company (NYSE:SWN), PMC-Sierra (NASDAQ:PMCS)

Bank of America Corporation (NYSE:BAC) ended the last trading day at $16.19. Company weekly volatility is calculated as 2.09% and price to cash ratio as 0.28. Bank of America Corporation (NYSE:BAC) showed a weekly performance of 2.79%.

Bank of America Corporation (NYSE:BAC) said its wealth management business’ income plunged 19 percent in the third quarter, underscoring how stock market selloffs can torpedo even an area that banks see as relatively safe and stable. The bank said that with the U.S. stock market falling during the quarter, many clients shrank from trading, cutting the brokerage unit’s commission revenue. There were also fewer initial public offerings and sales of new mutual funds to help generate commission income. The value of client accounts also fell, which reduced its revenue from clients that pay a percentage of their brokerage assets as a fee.

Coach, Inc. (NYSE:COH) shares fell -2.96% in last trading session and ended the day at $29.86. COH Gross Margin is 69.60% and its has a return on assets of 9.80%. Coach, Inc. (NYSE:COH) quarterly performance is -5.17%.

Coach, Inc. (NYSE:COH) saw its popularity rise when consumers flocked to buy its patterned bags and accessories covered in a signature ‘C’ logo. But straying too far from its heritage as a purveyor of luxury leather and the rise of so-called “affordable luxury” competitors such as Michael Kors and Kate Spade in recent years prompted a major overhaul at the 74-year old New York-based company. That began over the course of a tough fiscal 2014 and 2015, which saw the brand close 70 of its 350 North American stores amid slumping sales results and the departures of high-profile executives.

Allegiant Travel Company (NASDAQ:ALGT) ended the last trading day at $216.52. Company weekly volatility is calculated as 3.76% and price to cash ratio as 9.66. Allegiant Travel Company (NASDAQ:ALGT) showed a weekly performance of 1.82%.

Allegiant Travel (NASDAQ: ALGT) issued a statement that dismantles the recent request from the International Brotherhood of Teamsters (IBT) Local 1224 for the National Mediation Board (NMB) to declare an impasse in pilot contract negotiations, and highlights the significant progress that has been made towards a first contract for Allegiant’s pilots.

Southwestern Energy Company (NYSE:SWN) shares moved up 5.66% in last trading session and ended the day at $13.26. SWN Gross Margin is 75.20% and its has a return on assets of -1.80%. Southwestern Energy Company (NYSE:SWN) quarterly performance is -37.04%.

Southwestern Energy Company (NYSE:SWN) will announce its third quarter financial results after the market closes on October 22. Analysts expect the oil company to report a loss of 1 cent a share and revenue of $805.44 million for the third quarter.

PMC-Sierra Inc. (NASDAQ:PMCS) caters to the Technology space. It has a net profit margin of 0.70% and weekly performance is 0.78%. On the last day of trading company shares ended up at $10.28. PMC-Sierra Inc. (NASDAQ:PMCS) distance from 50-day simple moving average (SMA50) is 47.84%.

A PMC-Sierra Inc. (NASDAQ:PMCS) investor launched a putative class action in Delaware state court Wednesday that seeks to halt semiconductor manufacturer Skyworks Solutions’ planned $2 billion purchase of PMC, arguing the deal undervalues the California-based chipmaker. Stockholder Pietrus Industries Ltd. accused PMC’s board of directors of breaching its fiduciary duties by capping the price of the company at a level that allegedly doesn’t represent its true value. Additionally, the board has blocked other bidders from making competing offers, the suit said.