What Next For Cache Inc (CACH), Scientific Games Corp (SGMS), And XOMA Corp (XOMA)?

Posted by Steve Raasch January 6, 2015 0 Comment 1411 views


New York, NY – GDP INSIDER  – 01/06/2014.

Cache Inc (NASDAQ:CACH) is obviously confronted by the challenges that are facing retailers everywhere in the country. The company cited weak store traffic and inventory issues among the challenges that have adversely impacted its performance in the recent quarters. However, according to CEO, Jay Margolis, there is imminent success, and they are working towards that.

Although Cache Inc (NASDAQ:CACH) has been closing stores as part of the efforts to remake itself, the company announced that it didn’t intend to close more stores for the balance of fiscal 2014. Instead, they will open new stores. As the company seeks to improve the performance of its brick-and-mortar stores, there are also deliberate efforts to increase online presence as more shoppers move to the Internet. Nonetheless, the company reported an adverse impact on its online campaign in 3Q because of a problem with its Web platform.

The management of Cache Inc (NASDAQ:CACH) admits that their performance has not been good enough in the past quarters, but the future remains bright for the company and its shareholders.

Could CACH Reverse From Here Or Will Momentum Continue? Get A Hint As To What’s Coming Next With A Free Trend Analysis Report

Scientific Games Corp (NASDAQ:SGMS)’s move to acquire Bally Technologies for $5.1 billion may have been one of the greatest decisions the company made in 2014. Therefore, starting this year, the company is expected to enjoy a wide range of benefits that include expanded geographical presence and operating efficiencies. In particular, the acquisition is expected to help Scientific Games expand its geographical footprint in Australia and save about $235 million in costs in the first year.

Scientific Games Corp (NASDAQ:SGMS) has also been adding highly qualified leaders to its board. The move that is expected also to help the company improve its performance, especially following a series of strategic acquisitions.

Is SGMS Ready To Make Even More 52 Week Highs Or Is A Retrace Coming? See Where SGMS Is Going Next With A Free Trend Report

XOMA Corp (NASDAQ:XOMA) has its best bet in its drug candidate gevokizumab. However, the question now is how investors should view gevokizumab. One of the important things about the drug candidate is that it has a wide label indication, which means that it has the potential to attract respectable revenue even with a few successes.

Additionally, XOMA Corp (NASDAQ:XOMA)’s recent fundraiser means that the company now has the cash it needs to take care of the development of gevokizumab without much headache. As such, gevokizumab is a key catalyst that should concern investors playing XOMA.

Will XOMA Continue To Move Higher Or Are Things About To Reverse? See What Is Next For XOMA With A Free Trend Analysis

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About Steve Raasch

Steve Raasch is a breaking news reporter for GDP insider. During his nearly two decades of editorial experience, Steve has covered a variety of topics including small business, health, personal finance, advertising, workplace issues and consumer behavior. Steve is very passionate about his work. Steve earned a master of arts degree in international relations from the Johns Hopkins University School of Advanced International Studies in Washington.

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