Rite Aid Corporation (NYSE:RAD) reported operating results for its fourth quarter and fiscal year ended March 1, 2014. Rite Aid Corporation (NYSE:RAD) shares after opening at $7.10 moved to $7.19 on last trade day and at the end of the day closed at $7.12. Company price to sales ratio in past twelve months was calculated as 0.27 and price to cash ratio as 47.01. Rite Aid Corporation (NYSE:RAD) showed a positive weekly performance of 11.25%.
Yahoo! Inc. (NASDAQ:YHOO) announced solid earnings results. Investors are showing optimism regarding signs that the company is growing, and they are particularly positive with its 24% stake in Alibaba Group Holdings Limited. Yahoo! Inc. (NASDAQ:YHOO) shares advanced 6.26% in last trading session and ended the day on $36.35. YHOO return on equity ratio is recorded as 10.20% and its return on assets is 8.50%. Yahoo! Inc. (NASDAQ:YHOO) yearly performance is 53.38 %.
Leading audio entertainment company, Sirius XM Holdings Inc. (NASDAQ:SIRI), has announced the extension of its partnership agreement with Volkswagen and Audi. The agreement involves Sirius XM Holdings providing the two automobile companies with radio installation rights for their car models. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares moved up 2.59% in last trading session and was closed at $3.17 while trading in range of $3.09 – $3.17 – Sirius XM Holdings Inc. (NASDAQ:SIRI) year to date (YTD) performance is -9.17%.
Cisco Systems, Inc. (NASDAQ:CSCO) has announced a $1 billion investment in what it calls its Intercloud, a linked chain of datacenters providing services designed to capitalize on the Internet of Things. Cisco Systems, Inc. (NASDAQ:CSCO) weekly performance is -0.39%. On last trading day company shares ended up $23.03. Cisco Systems, Inc. (NASDAQ:CSCO) distance from 50-day simple moving average (SMA50) is 4.37%. Analysts mean target price for the company is $23.85.
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