J.C. Penney Company Inc. (NYSE:JCP) reported that sales rose 6.3 percent year on year to $2.8 billion in the first quarter that ended on May 3. Same-store sales increased 6.2 percent. Cost of goods sold rose 2.9 percent to $1.9 billion and gross margin improved to 33.1 percent compared with 30.8 percent one year ago. The retailer’s loss grew 1 percent to $352 million or $1.15 per share. J.C. Penney Company, Inc. (NYSE:JCP) net profit margin is -11.70% and weekly performance is -2.11%. On last trading day company shares ended up $8.37. Analysts mean target price for the company is $7.75. J.C. Penney Company, Inc. (NYSE:JCP) distance from 50-day simple moving average (SMA50) is -1.50%.
General Motors Company (NYSE:GM) announced a new round of recalls Thursday, totalling nearly three million vehicles worldwide, as the US automaker works to speed up its response to safety issues. General Motors Company (NYSE:GM) shares fell -1.66% in last trading session and ended the day on $34.36. GM gross Margin is 10.60% and its return on assets is 4.00%.General Motors Company (NYSE:GM) quarterly performance is -1.52%.
Autodesk, Inc. (NASDAQ:ADSK) reported Q1 EPS of $0.32, $0.11 better than the analyst estimate of $0.21. Revenue for the quarter came in at $593 million versus the consensus estimate of $568.58 million. Autodesk, Inc. (NASDAQ:ADSK) shares moved down -0.52% in last trading session and was closed at $47.82, while trading in range of $47.07 – $48.23. Autodesk, Inc. (NASDAQ:ADSK) year to date (YTD) performance is -4.97%.
Adobe Systems Inc (NASDAQ:ADBE) said late today it was working to fix login issues for its Creative Cloud suite, more than 24 hours after users said they were unable to access some of its products.
Adobe Systems Incorporated (NASDAQ:ADBE) ended the last trading day at $60.20. Company weekly volatility is calculated as 2.14% and price to cash ratio as 9.57.Adobe Systems Incorporated (NASDAQ:ADBE) showed a positive weekly performance of 1.90%.
Abakan Inc. (OTCMKTS:ABKI) (“Abakan”), an emerging leader in the advanced coatings and metal formulations markets announced that it has appointed oil and gas industry veteran, Dr. Ryan Owen, PhD, to the Company’s Board of Directors. Dr. Owen has over 13 years of industry experience with BP, both domestically and internationally in upstream oil and gas, and has worked for Woods Mackenzie as a managing consultant. On last trading day company shares ended up $0.738.