Think J.C. Penney Company, Inc. (NYSE:JCP)’s shareholders are pleased with themselves lately? They may have nothing on holders of some of Penney’s bonds. Penney reported quarterly results late Thursday, and on Friday’s its shares soared 16%. In part, that reflected a performance that was much better than analysts were looking for. J.C. Penney Company, Inc. (NYSE:JCP) shares advanced 16.25% in last trading session and ended the day on $9.73. JWN Gross Margin is 29.40% and its return on assets is -12.10%. J.C. Penney Company, Inc. (NYSE:JCP) quarterly performance is 58.47%.
Technology giants Apple Inc. and Google Inc (NASDAQ:GOOG) have agreed to drop their lawsuits against each other, which exist directly between the two firms, and work together to reform patent law. Google Inc (NASDAQ:GOOG) weekly performance is 0.37%. On last trading day company shares ended up $520.63. Google Inc (NASDAQ:GOOG) distance from 50-day simple moving average (SMA50) is -2.91%.
Nordstrom, Inc. (NYSE:JWN) surged Friday after the company reported first-quarter earnings that surpassed analysts’ expectations. The apparel retailer reported earnings of 72 cents a share and revenue of $2.84 billion, which beat analysts’ consensus estimates of 68 cents a share on revenue of $2.86 billion. The company also issued full-year guidance for EPS of $3.75 to $3.90, revenue growth of 5.5% to 7.5% and comparable-store sales growth of 2% to 4%. Analysts had expected full-year EPS of $3.85. Nordstrom, Inc. (NYSE:JWN) shares advanced 14.73% in last trading session and ended the day on $70.55. JWN Gross Margin is 38.30% and its return on assets is 8.70%. Nordstrom, Inc. (NYSE:JWN) quarterly performance is 21.30%.
Shares of semiconductor equipment manufacturer Applied Materials, Inc. (NASDAQ:AMAT) are rising despite reporting in-line second quarter results. Applied Materials reported Q2 adjusted earnings per share of 28c and revenue of $2.35B, matching consensus views of 28c and $2.35B, respectively. The company’s backlog grew 12% sequentially to $2.74B, while its adjusted gross margin came in at 44.2%. Applied Materials, Inc. (NASDAQ:AMAT) shares moved up 8.13% in last trading session and was closed at $20.21, while trading in range of $19.40 – $20.29. Applied Materials, Inc. (NASDAQ:AMAT) year to date (YTD) performance is 14.89%.
In three of the past four years, Wal-Mart Stores, Inc. (NYSE:WMT) has posted a year-over-year decline in U.S. same-store sales, and the gain the company posted in its 2012 fiscal year was a skimpy 0.2%. In 2013 the drop in U.S. same-store sales was 0.4%. Wal-Mart Stores, Inc. (NYSE:WMT) ended the last trading day at $77.01. Company weekly volatility is calculated as 1.00% and price to cash ratio as 41.34. Wal-Mart Stores, Inc. (NYSE:WMT) showed a negative weekly performance of -2.77%.
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