Wal-Mart Stores Inc. (NYSE:WMT) paid dearly to end its relationship with Bharti Retail, with whom it had partnered to open stores in India, including a loss of millions of dollars for the American retailer, the company said in its annual report. Wal-Mart Stores, Inc. (NYSE:WMT) shares after opening at $78.86 moved to $79.99 on last trade day and at the end of the day closed at $79.76 . Company price to sales ratio in past twelve months was calculated as 0.54 and price to cash ratio as 38.85. Wal-Mart Stores, Inc. (NYSE:WMT) showed a positive weekly performance of 2.78%.
Pandora Media Inc (NYSE:P)’s marketing revenue rose 45 percent to $140.6 million as the company continued to lure advertising dollars from terrestrial radio, while subscription and miscellaneous revenue increased 94 percent to $39.4 million. However, its 8 percent increase to 75.3 million subscribers, representing 9.1 percent share of U.S. radio listeners, missed analysts’ 77.2 million listener expectation. Pandora, which went public in 2011, has faced increased content costs along with its growing subscriber base, and its posted losses are mostly due to higher royalty payments, which jumped 26 percent, as listener hours increased 12 percent to 4.8 billion. Pandora Media Inc (NYSE:P) shares fell -2.85% in last trading session and ended the day on $22.84. P return on equity ratio is recorded as -28.00% and its return on assets is -16.20%. Pandora Media Inc (NYSE:P) yearly performance is -19.46%.
Comcast Corporation (NASDAQ:CMCSA) announced on Monday a series of subscriber swaps designed to help clear the way for regulatory approval of its acquisition of Time Warner Cable. The reorganization of the nation’s cable grid will give Comcast a stronghold in major cities like New York, Los Angeles, Chicago, Dallas and Boston. Comcast Corporation (NASDAQ:CMCSA) shares moved up 1.43% in last trading session and was closed at $51.70 while trading in range of $50.77 – $51.81 – Comcast Corporation (NASDAQ:CMCSA) year to date (YTD) performance is -0.06%.
American Airlines Group Inc. (NASDAQ:AAL) said its first-quarter adjusted earnings soared, boosted by a gain on the sale of slots at Reagan National Airport that U.S. antitrust regulators required to complete its recent merger. American Airlines Group Inc (NASDAQ:AAL) weekly performance is -1.43%. On last trading day company shares ended up $35.16. American Airlines Group Inc (NASDAQ:AAL) distance from 50-day simple moving average (SMA50) is -3.52%. Analysts mean target price for the company is $44.93.
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