Credit Suisse reissued their outperform rating on shares of Rite Aid Corporation (NYSE:RAD) in a research note released on Friday morning. They currently have a $8.50 target price on the stock. Rite Aid Corporation (NYSE:RAD) net profit margin is 0.80% and weekly performance is 7.12%. On last trading day company shares ended up $8.12. Analysts mean target price for the company is $7.95. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is 14.80%.
Alpha Natural Resources Inc. (NYSE:ANR) provided a grant to the Community Foundation of Greene County to support the Greene County Weekend Food Program. The grant will help provide packages of food for elementary children in each of the five school districts in the county. Alpha Natural Resources, Inc. (NYSE:ANR) shares fell -3.38% in last trading session and ended the day on $3.72. Gross Margin is 7.00% and its return on assets is -8.80%. Alpha Natural Resources, Inc. (NYSE:ANR) quarterly performance is -29.41%.
The Nokia Corporation (ADR) (NYSE:NOK) X successor has just made an appearance on AnTuTu carrying a substantially upgraded hardware. While it’s still no flagship product, the smartphone is now bigger than the predecessor and features more RAM and what appears to be a better processor with the Snapdragon 200 SoC. Of course, that assumption is based on the fact that what we see here is the real deal, so we’re taking it with a pinch of salt for now. Nokia Corporation (ADR) (NYSE:NOK) shares moved up 0.51% in last trading session and was closed at $7.84, while trading in range of $7.78 – $7.86. Nokia Corporation (ADR) (NYSE:NOK) year to date (YTD) performance is -3.33%.
General Electric Company (NYSE:GE) seeking France’s approval for its $17 billion bid to buy Alstom SA (ALO)’s energy division, pledged to keep the power-equipment maker’s nuclear operations in the country. “We will answer the government’s legitimate demands that the nuclear unit remain French, that intellectual property stay French and that exports be protected,” Clara Gaymard, GE’s local chief, said May 24 in a radio interview. The U.S. company’s offer, which excludes Alstom’s transport business, “is good for France,” she said. General Electric Company (NYSE:GE) ended the last trading day at $26.51. Company weekly volatility is calculated as 0.96% and price to cash ratio as 2.00. General Electric Company (NYSE:GE) showed a negative weekly performance of -0.60%.
Bank of America Corp (NYSE:BAC) revised its regulatory capital ratios due to the incorrect adjustments during its first quarter 2014 on structured notes related to the acquisition of Merrill Lynch in 2009. The Company believes that the reduction in the ratio will not have any impact over its shareholder’s equity and remains strong in its capital and liquidity ratio. Bank of America Corp (NYSE:BAC) will update and resubmit the data templates as per the notification of the Federal Reserve Board (FRB) by May 27, 2014. But, the FRB has approved its certain prior capital actions including the dividend distribution of $0.01 per share. Bank of America Corp (NYSE:BAC) net profit margin is 15.70% and weekly performance is 1.45%. On last trading day company shares ended up $14.72. Analysts mean target price for the company is $17.19. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is -8.24%.