Services Sector Runners: J.C. Penney (NYSE:JCP), Orbitz Worldwide (NYSE:OWW), DIRECTV (NASDAQ:DTV), Best Buy Co (NYSE:BBY), Office Depot Inc (NYSE:ODP)

On 21 MAY J.C. Penney Company, Inc. (NYSE:JCP) announced that , an equity inducement award of 223,964 restricted stock units (RSUs) was granted to Edward Record, the Company’s Executive Vice President and Chief Financial Officer, in connection with the commencement of his employment. The Company previously disclosed these awards in connection with the announcement of Mr. Record’s appointment in February. J.C. Penney Company, Inc. (NYSE:JCP) net profit margin is -11.60% and weekly performance is -7.40%. On last trading day company shares ended up $9.01. Analysts mean target price for the company is $9.33. J.C. Penney Company, Inc. (NYSE:JCP) distance from 50-day simple moving average (SMA50) is 5.48%.

On 23 MAY Shares of Orbitz Worldwide, Inc. (NYSE:OWW) are up after the online travel company announced the pricing of a previously announced underwritten public offering of 7.5 million shares of its common stock held by an affiliate of Travelport Limited, at a price to the public of $6.60 per share. Orbitz Worldwide, Inc. (NYSE:OWW) shares advanced 4.62% in last trading session and ended the day on 7.24. OWW Gross Margin is 81.80% and its return on assets is 1.10%. Orbitz Worldwide, Inc. (NYSE:OWW) quarterly performance is -17.35%.

DIRECTV (NASDAQ:DTV) reported mixed financial results for the first quarter of 2014 where the bottom line surpassed the Zacks Consensus Estimate while the top missed the same. Continuous elimination of low-quality customers, aggressive share repurchase plans and the launch of TV Everywhere and online video streaming services are likely to act as tailwinds for the company while moving ahead. DIRECTV (NASDAQ:DTV) shares moved down -0.58% in last trading session and was closed at $83.59, while trading in range of $82.85 – $84.48. DIRECTV (NASDAQ:DTV) year to date (YTD) performance is 21.04%.

Best Buy Co Inc (NYSE:BBY) recently announced a quarterly dividend, which is scheduled for Thursday, July 3rd. Investors of record on Thursday, June 12th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.52%. Best Buy Co Inc (NYSE:BBY) ended the last trading day at $27.01. Company weekly volatility is calculated as 5.05% and price to cash ratio as 3.24. Best Buy Co Inc (NYSE:BBY) showed a positive weekly performance of 5.96%.

On 21 MAY Office Depot Inc (NYSE:ODP)’s chairman and chief executive officer, Roland Smith, said that they are very pleased with their Q1 performance. After the weather-challenged start to 2014, there has been an improvement is sales trends even as the company exceeded its expectations in cost reduction & operational execution. Office Depot Inc (NYSE:ODP) net profit margin is -1.60% and weekly performance is -4.73%. On last trading day company shares ended up $5.04. Analysts mean target price for the company is $6.01. Office Depot Inc (NYSE:ODP) distance from 50-day simple moving average (SMA50) is 13.14%.

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