Chevron Corporation (NYSE:CVX) reported in its interim update that earnings for the first quarter 2014 are expected to be lower than fourth quarter 2013, principally as a result of adverse foreign exchange effects, and selected asset impairments and related charges. Chevron Corporation (NYSE:CVX) shares after opening at $116.50 moved to $117.73 on last trade day and at the end of the day closed at $117.03. Company price to sales ratio in past twelve months was calculated as 1.01 and price to cash ratio as 13.53. Chevron Corporation (NYSE:CVX) showed a negative weekly performance of -1.49%.
SunTrust assumed coverage on shares of Aruba Networks (NASDAQ:ARUN) in a report issued on Thursday,TheFlyOnTheWall.com reports. The firm issued a buy rating and a $25.00 target price on the stock.Aruba Networks, Inc. (NASDAQ:ARUN) shares advanced 0.27% in last trading session and ended the day on $18.86. ARUN return on equity ratio is recorded as -12.60% and its return on assets is -8.00%. Aruba Networks, Inc. (NASDAQ:ARUN) yearly performance is -18.64%.
J.C. Penney Company, Inc. (NYSE:JCP) put volume more than quadrupled call volume in the retailer’s options pits yesterday. Furthermore, the 44,000 JCP puts that crossed the tape represented a 51% mark-up to the daily average. Most active was the January 2015 8-strike put, where 11,349 contracts changed hands — mostly at the ask price, suggesting they were bought. More than 8,000 contracts translated into open interest overnight, as well, indicating the creation of new bearish bets.J.C. Penney Company, Inc. (NYSE:JCP) shares moved down -9.62% in last trading session and was closed at $7.70, while trading in range of $7.52-$8.44. J.C. Penney Company, Inc. (NYSE:JCP) year to date performance is -15.85%.
Burlington Stores Inc (NASDAQ:BURL) updated its FY15 earnings guidance on Thursday. The company provided earnings per share guidance of $1.25-1.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.36, Stock Ratings Network.com reports. The company issued revenue guidance of +5.8-6.8% to ~$4.68-4.73 billion, compared to the consensus revenue estimate of $4.76 billion.Burlington Stores also updated its Q1 guidance to $0.19-0.23 EPS.Burlington Stores Inc (NYSE:BURL) weekly performance is -7.38%. On last trading day company shares ended up $27.62. Burlington Stores Inc (NYSE:BURL) distance from 50-day simple moving average is 1.36%. Analysts mean target price for the company is $33.50.
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