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Friday 22 May 2015
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Stocks Going Down: TASER International, (NASDAQ:TASR), H & R Block (NYSE:HRB), Tumi Holdings (NYSE:TUMI), Quantum (NYSE:QTM)

On Friday, TASER International, Inc. (NASDAQ:TASR)’s shares declined -2.17% to $32.97.

TASER International, Inc. (TASR) will present at the Craig Hallum Institutional Investor Conference on Wednesday, May 27, 2015 in Minneapolis, MN and attend the Benchmark Company, LLC One-on-One Investor Conference on Thursday, May 28, 2015 in Milwaukee, WI.

TASER International, Inc. develops, manufactures, and sells conducted electrical weapons (CEWs) worldwide. It operates through two segments, TASER Weapons and AXON. The company’s CEW products transmit electrical pulses along the wires and into the body affecting the sensory and motor functions of the peripheral nervous system. It offers three hand-held CEW product lines, counting TASER X26P and TASER X2, which integrates with EVIDENCE.com; and TASER X26.

H & R Block Inc (NYSE:HRB)’s shares dropped -2.12% to $31.35.

H & R Block Inc (HRB) declared that its Board of Directors declared a quarterly cash dividend of 20 cents per share, payable July 1, 2015, to shareholders of record as of June 15, 2015.

The July 1 dividend payment will mark H&R Block’s 211thsuccessive quarterly dividend since the company went public in 1962.

H&R Block, Inc., through its auxiliaries, provides tax preparation and related services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and online tax services, such as tax advice, professional and do-it-yourself (DIY) tax return preparation, and electronic filing services through its Website hrblock.com.

At the end of Friday’s trade, Tumi Holdings Inc (NYSE:TUMI)‘s shares dipped -2.09% to $19.19.

Tumi Holdings Inc (TUMI) declared its financial results for the first quarter ended March 29, 2015.

For the first quarter of 2015:

  • Net sales raised 1.7% to $110.5 million from $108.6 million in the first quarter ended March 30, 2014. On a constant currency basis, net sales grew 4.6%.
  • Total comparable store sales for all Direct-to-Consumer channels, counting company-owned websites, reduced 4.6%, contrast to an enhance of 5.3% in the first quarter of 2014.
  • Direct-to-Consumer North America full-price comparable store sales declined 5.3%, outlet comparable store sales raised 1.1%, and e-commerce sales declined 14.1%.
  • In U.S. dollars, Direct-to-Consumer International full-price comparable store sales declined 9.8%, outlet comparable store sales raised 8.4%, and e-commerce sales declined 2.5%. In Euros, Direct-to-Consumer International full-price comparable store sales raised 9.5%, outlet comparable store sales raised 31.6%, and e-commerce comparable store sales raised 18.4%.
  • Gross margin raised 3.5% to $65.3 million from $63.1 million in the first quarter of 2014. Gross margin percentage was 59.1% contrast to 58.1% in the first quarter of 2014.
  • Operating income reduced 28.5% to $9.6 million from $13.4 million in the first quarter of 2014. Operating income margin was 8.7% contrast to 12.3% in the first quarter of 2014.

Tumi Holdings, Inc. designs, produces, and markets a range of travel and business products, and accessories. It operates in four segments: Direct-to-Consumer North America; Direct-to-Consumer International; Indirect-to-Consumer North America; and Indirect-to-Consumer International.

Quantum Corp (NYSE:QTM), ended its Friday’s trading session with -2.07% loss, and closed at $1.89.

Quantum Corp (QTM) declared that CFO Linda Breard will conduct one-on-one meetings with investors at the 12th Annual Craig-Hallum Institutional Investor Conference to be held at The Depot Renaissance Minneapolis Hotel in Minneapolis, Minnesota on Wednesday, May 27, 2015.

Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage and archive products comprise StorNext File System software, which provides file sharing, storage, and archive for content workflows, digital libraries, and data repositories; StorNext Storage Manager software that automatically copies and migrates data between different tiers of storage based on user-defined policies; StorNext appliances that offer predictable file sharing and in purpose-built configurations of metadata controllers, expansion appliances, and disk and archive enabled libraries; and Lattus Object Storage solutions, which enable high volumes of data to be accessible at any time to extract valuable information.

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