Services Sector Active Runners: Sirius XM Holdings Inc. (NASDAQ:SIRI), Rite Aid Corporation (NYSE:RAD), EBAY, J.C. Penney Company (NYSE:JCP), American Airlines

Sirius XM Holdings Inc. (NASDAQ:SIRI), announced yesterday that it will be offering its U.S listeners a full-fledged and all encompassing coverage of this year’s Belmont Stakes which is slated to get started on 7th June. Sirius XM Holdings Inc. (NASDAQ:SIRI), net profit margin is 12.00% and weekly performance is 4.73%. On last trading day company shares ended up $3.32. Analysts mean target price for the company is $4.25. Sirius XM Holdings Inc. (NASDAQ:SIRI), distance from 50-day simple moving average (SMA50) is 3.78%.

Rite Aid Corporation (NYSE:RAD), will act as a presenting sponsor to the upcoming Healthy Skin Tour that will be organized by the Skin Cancer Foundation. The tour will offer free skin cancer screenings to more than 50 Rite Aid pharmacies nationwide. Rite Aid Corporation (NYSE:RAD), advanced 0.84% in last trading session and ended the day on $8.38. RAD, Gross Margin is 28.70% and its return on assets is 3.10%. Rite Aid Corporation (NYSE:RAD), quarterly performance is 24.33%.

Activist investor Carl Icahn ended the proxy war with eBay Inc (NASDAQ:EBAY), and agreed to withdraw his proposal seeking separation of PayPal business from eBay as well as nomination of two of his employees to the eBay’s Board of Directors. However, Icahn still continues to believe that spin-off of PayPal from eBay would benefit to unlock the true value of PayPal business and will continue to pursue this rationale to the eBay management through confidential discussions. eBay Inc (NASDAQ:EBAY), shares moved down 0.50% in last trading session and was closed at $50.14, while trading in range of $49.96 – 50.79. eBay Inc (NASDAQ:EBAY), year to date (YTD) performance is -8.62%.

J.C. Penney Company, Inc. (NYSE:JCP), reported the first quarter results ended May 3, 2014 with sales growth over comparable stores and improved its gross margin. During the first quarter (1Q2014), JCPenney’s net sales were $2.8 billion versus $2.6 billion in the first quarter 2013 (1Q2013). The increase was due to 6.2% year over year increase in same store sales as a result of the gain in sales across different categories, including home, jewelry and apparels for both Men and Women. J.C. Penney Company, Inc. (NYSE:JCP), ended the last trading day at $9.03. Company weekly volatility is calculated as 4.74% and price to cash ratio as 2.35. J.C. Penney Company, Inc. (NYSE:JCP), showed a positive weekly performance of 5.00%.

On May 27, 2014, American Airlines Group Inc (NASDAQ:AAL), American Airlines reported the traffic results for the month of April 2014 and year to date for the fiscal 2014. During April 2014, total revenue passenger miles (RPMs) were up by 4.7% to 18.1 billion due to 10.4% increase in Atlantic, 6.3% increase in Latin America and 3.4% increase in domestic compared to April 2013. American Airlines Group Inc (NASDAQ:AAL), net profit margin is -4.40% and weekly performance is 3.91%. On last trading day company shares ended up $39.82. Analysts mean target price for the company is $46.31. American Airlines Group Inc (NASDAQ:AAL), distance from 50-day simple moving average (SMA50) is 7.88%.

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