Drugstore chain retailer, Rite Aid Corporation (NYSE:RAD) saw the highest improvement in its monthly comparable store sales (comps) in about a decade with comps for the four weeks ended Apr 26, 2014 increasing 5.0%. This marked a significant turnaround in the company’s performance since the start of 2014. Rite Aid Corporation (NYSE:RAD) stock opened at $7.81 in last session, and closed at $7.87, while the day range of RAD stock is $7.77 – $7.96. The stock showed a positive weekly performance of 12.59%.
Klaus Kleinfeld, Alcoa Inc (NYSE:AA) chief executive officer, won’t attend the St. Petersburg International Economic Forum in Russia this month after the White House lobbied the country’s top corporate leaders to avoid the event. “In light of the U.S. government’s requirements, Alcoa Inc (NYSE:AA) has adjusted its attendance,” Monica Orbe, a spokeswoman for New York-based Alcoa, said in an emailed statement. The company will “participate via its most senior Russian executives,” she said. Alcoa Inc (NYSE:AA) stock opened at $13.67, in last session and closed at $13.72, by gaining 0.59%. The 52 week range of AA is $7.63 – $13.89. Company’s market capitalization is $16.08billion.
The Petroleum Club of Houston, a historic private dining and business club that has hosted countless energy industry events, weddings and lunchtime business meetings where deals were made on handshakes alone, is moving out of the Exxon Mobil Corporation (NYSE:XOM) building after 50 years and into a new home a few blocks away. Exxon Mobil Corporation (NYSE:XOM) parted with the building after announcing plans to move to a new corporate campus just south of The Woodlands. The building’s new owner, San Francisco-based Shorenstein Properties, is planning a sweeping renovation to the 1.2 million-square-foot property. Exxon Mobil Corporation (NYSE:XOM) stock advanced 0.59% and finished the last session at $102.01. The EPS of the stock remained 7.41. Company’s market capitalization is $440.81billion.
Chevron’s profit report came one day after both Exxon Mobil and ConocoPhillips (NYSE:COP) reported drops in first quarter earnings this year due to the shrinkage in demand for petroleum products in the Unites States and internationally. ConocoPhillips (NYSE:COP) stock opened the session at $74.88, and closed the session at $76.52. The 52 week range of the COP stock remained $58.71 – $76.85 and the day range was $74.87 – $76.85.