Bank of America Corp (NYSE:BAC) said it was upgraded to buy from hold at Deutsche Bank as part of its more positive outlook for market-sensitive banks. Bank of America Corp (NYSE:BAC) net profit margin is 15.70% and weekly performance is 3.98%. On last trading day company shares ended up $15.94. Analysts mean target price for the company is $17.24. Bank of America Corp (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 4.55%.
On 3 JULY Rite Aid Corporation (NYSE:RAD) announced sales results for June today, reporting a year-over-year (YoY) increase of 3.5% to $1.995 billion from $1.927 billion in June last year. The company’s same-store sales increased 3.9% YoY, higher than estimates of a 2.6% increase. Rite Aid Corporation (NYSE:RAD) shares fell 1.19% in last trading session and ended the day on $7.48. RAD Gross Margin is 28.40% and its return on assets is 2.40%. Rite Aid Corporation (NYSE:RAD) quarterly performance is 20.65%.
General Electric Company (NYSE:GE) said it has created more than 1,600 private-sector jobs in the region in the last five years. General Electric Company (NYSE:GE) shares moved down 0.41% in last trading session and was closed at $26.75, while trading in range of $26.68 – $26.84. General Electric Company (NYSE:GE) year to date (YTD) performance is -2.94%.
Delta Air Lines, Inc. (NYSE:DAL) said it would cut its flights to Venezuela next month, part of a broad cutback by foreign airlines that say the Venezuelan government owes them more than $4 billion. Delta Air Lines, Inc. (NYSE:DAL) ended the last trading day at $36.90. Company weekly volatility is calculated as 2.99% and price to cash ratio as 8.55. Delta Air Lines, Inc. (NYSE:DAL) showed a negative weekly performance of -6.18%.