J.C. Penney Company, Inc. (NYSE:JCP), has risen by an explosive 60% over the last three months as investors are gaining confidence about its chances to implement a successful turnaround, but the company is not out of the woods yet. With J.C. Penney scheduled to report earnings this week, in addition to imminent earnings reports from competitors Macy’s (NYSE: M ) andKohl’s (NYSE: KSS ) , investors have important reasons to pay close attention to announcements in the sector over the coming days. J.C. Penney Company, Inc. (NYSE:JCP), net profit margin is -11.70% and weekly performance is -1.26%. On last trading day company shares ended up $8.61. Analysts mean target price for the company is $7.75. J.C. Penney Company, Inc. (NYSE:JCP), distance from 50-day simple moving average (SMA50) is 1.40%.
On May 08, 2014, Molycorp Inc (NYSE:MCP), announced dismal earnings results for the first quarter of its 2014 fiscal year (1QFY14, ended: March 31, 2014) after the bell yesterday. The company reported per share loss of 29 cents, higher when compared to a loss of 17 cents reported in the same period last year. Losses reported in the quarter were also higher than the Street’s expectations of a per-share loss of about 21 cents. Revenues, on the other hand, declined 18% on a year-over-year (YoY) basis to come in at $118.5 million, which missed analysts’ estimates by $25.9 million. Molycorp Inc (NYSE:MCP), fell 6.43% in last trading session and ended the day on $2.91. MCP, Gross Margin is -12.10% and its return on assets is -13.90%. Molycorp Inc (NYSE:MCP), quarterly performance is -44.68%.
JGWPT Holdings Inc (NYSE:JGW), a leading purchaser of structured settlement payments, annuity payments, lottery payments and other receivables, reports its financial results for the first quarter of 2014. Total Receivables Balance, or TRB, purchases were $260.6 million, as compared to $270.4 million in the first quarter of 2013 and $260.5 million in the fourth quarter of 2013. Adjusted unrealized gains on VIE and other finance receivables, long term debt and derivatives*, net of the loss on swap termination was $51.8 million in the first quarter, as compared to $64.7 million in the first quarter of 2013 and $44.6 million in the fourth quarter of 2013. JGWPT Holdings Inc (NYSE:JGW), shares moved down 21.04% in last trading session and was closed at $10.51, while trading in range of $ 9.43 – 13.90. JGWPT Holdings Inc (NYSE:JGW), year to date (YTD) performance is -39.56%.
Sony Corp (ADR) (NYSE:SNE), sank to a 138 billion yen ($1.3 billion) quarterly loss, hit by costs from selling its personal computer business, and is forecasting more red ink as it struggles to execute a long-promised turnaround. Sony Corp (ADR) (NYSE:SNE), ended the last trading day at $16.50. Company weekly volatility is calculated as 2.06% and price to cash ratio as 1.04. Sony Corp (ADR) (NYSE:SNE), showed a negative weekly performance of 5.98%.
On May 12, 2014, Shareholder rights law firm Robbins Arroyo LLP is investigating potential violations of federal securities laws on behalf of investors of Doral Financial Corp. (NYSE:DRL). Doral Financial operates as the bank holding company for Doral Bank which provides retail banking services. Doral Financial Corp. (NYSE:DRL), net profit margin is -27.20% and weekly performance is 33.20%. On last trading day company shares ended up $3.29. Doral Financial Corp. (NYSE:DRL), distance from 50-day simple moving average (SMA50) is -64.66%.
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