Alcoa Inc. (NYSE:AA), the biggest U.S. aluminum producer, is also taking steps to cash in on the boom in commercial aircraft orders. The company recently announced that it will expand its downstream aerospace reach into the large commercial jet engine market by building a new $100 million facility in La Porte, Indiana. Alcoa Inc. (NYSE:AA) net profit margin is -11.50% and weekly performance is 3.09%. On last trading day company shares ended up $14.00. Analysts mean target price for the company is $12.40. Alcoa Inc. (NYSE:AA) distance from 50-day simple moving average (SMA50) is 6.09%.
As Wells Fargo & Co (NYSE:WFC) looks to grow overseas, it’s tapping smaller U.S. companies to help chart its path. The bank is planning to launch Thursday a survey of about 250 U.S. middle-market companies’ international growth to better understand where current and potential clients are expanding, how they view the business environment and what their top concerns are, said Sanjiv Sanghvi, head of Wells Fargo’s Global Banking Group. Wells Fargo & Co (NYSE:WFC) shares advanced 1.16% in last trading session and ended the day on $51.63. WFC return on assets is 1.40%.Wells Fargo & Co (NYSE:WFC) quarterly performance is 9.85%.
The parent of American Airlines Group Inc. (NASDAQ:AAL) plans to build a new operations center in North Texas to oversee flight planning, dispatch and monitoring. American Airlines Group Inc., formed by the carrier’s 2013 merger with US Airways, made the announcement in a letter to affected employees. American Airlines Group Inc. (NASDAQ:AAL) shares moved down -0.96% in last trading session and was closed at $42.41, while trading in range of $42.27 – $43.49. American Airlines Group Inc. (NASDAQ:AAL) year to date (YTD) performance is 67.96%.
Globalstar, Inc. (NYSEMKT:GSAT) held its Annual Meeting of Stockholders on May 21, 2014, at which 618,997,377 shares were represented in person or by proxy. The company submitted three matters to the vote of the stockholders. Globalstar, Inc. (NYSEMKT:GSAT) ended the last trading day at $3.78. Company weekly volatility is calculated as 6.02% and price to cash ratio as 128.22.Globalstar, Inc. (NYSEMKT:GSAT) showed a positive weekly performance of 13.51%.
JD.com Inc. (ADR) (NASDAQ:JD) China’s second-largest e-commerce site, rose to a record in New York amid signs a push into social media by the nation’s online retailers is bolstering revenue. JD.Com Inc. (ADR) (NASDAQ:JD) weekly performance is 1.50%. On last trading day company shares ended up $25.78. Analysts mean target price for the company is $24.50. JD.Com Inc. (ADR) (NASDAQ:JD) distance from 50-day simple moving average (SMA50) is 8.73%.
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