People are willing to spend top dollar to get their fix of TV and cable entertainment and cable operators are among the beneficiaries. Being the largest cable operator in the country, Comcast Corporation (NASDAQ:CMCSA) is seeing growing profits and revenues. Revenues for 1Q2014 increased by 13.7% to reach $17.4 billion compared to $15.3 billion in 1Q2013. Comcast Corporation (NASDAQ:CMCSA) shares after opening at $51.26 moved to $51.40 on last trade day and at the end of the day closed at $50.97. Company price to sales ratio in past twelve months was calculated as 2.04 and price to cash ratio as 24.96. Comcast Corporation (NASDAQ:CMCSA) showed a positive weekly performance of 3.81%.
Delta Air Lines, Inc. (NYSE:DAL)’s first quarter results showed the strength of the airline company as it managed to deliver the profit figures despite the weather problems. Delta Air Lines cancelled almost 17000 flights in the last quarter. As a result, the revenues went down by $90 million. But it is the internal strength of the company that impressed the industry by posting results surpassing the market’s expectations. Delta Air Lines, Inc. (NYSE:DAL) shares fell -1.80% in last trading session and ended the day on $36.07.DAL return on equity ratio is recorded as 487.20% and its return on assets is 22.30%. Delta Air Lines, Inc. (NYSE:DAL) yearly performance is 122.93%.
American Airlines Group Inc (NASDAQ:AAL) chairman Tom Horton will step down from his position on June 3, slightly less than six months after the company exited bankruptcy and merged with US Airways Group Inc. American Airlines Group Inc (NASDAQ:AAL) shares moved down -3.38% in last trading session and was closed at $36.00, while trading in range of $35.91-$37.11. American Airlines Group Inc (NASDAQ:AAL) year to date performance is 42.57%.
J.C. Penney Company, Inc. (NYSE:JCP) had earlier indicated it expects its first quarter same store sales to grow in the range of between 3-5%, margins it looks set to achieve. The company also expects substantial improvements in its gross margins as well as a reduction in SG&A expenses. J.C. Penney Company, Inc. (NYSE:JCP) weekly performance is 6.40%. On last trading day company shares ended up $7.98. J.C. Penney Company, Inc. (NYSE:JCP) distance from 50-day simple moving average is 1.37%. Analysts mean target price for the company is $7.62.
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