Another high-ranking executive at JPMorgan Chase & Co. (NYSE:JPM) is departing, one who had been considered a possible successor to CEO Jamie Dimon. Michael Cavanagh, who was co-CEO of the company’s corporate and investment bank, is joining The Carlyle Group to become co-president and co-chief operating officer. JPMorgan Chase & Co. (NYSE:JPM) shares after opening at $61.11 moved to $61.48 on last trade day and at the end of the day closed at $60.93. Company price to sales ratio in past twelve months was calculated as 4.33. JPMorgan Chase & Co. (NYSE:JPM) showed a positive weekly performance of 4.94%.
It looks as if there is no stop for Johnson & Johnson (NYSE:JNJ). The company’s stock price made a new 52-week high and investors are buying the company’s shares like there is no tomorrow. Many people are now wondering whether they missed the train and whether it is now too late to buy this company since it has rallied so much in the recent years. Johnson & Johnson (NYSE:JNJ) shares advanced 2.29% in last trading session and ended the day on $97.38. JNJ return on equity ratio is recorded as 19.70% and its return on assets is 10.90%. Johnson & Johnson (NYSE:JNJ) yearly performance is 25.83%.
Arotech Corporation (NASDAQ:ARTX) surged more than 50% to a one-year high of $6.34 on Tuesday after the defense and security products company announced its battery division had received more than $2 million in orders from “two leading defense companies and manufacturers of military equipment,” according to the company’s statement. Arotech Corporation (NASDAQ:ARTX) shares moved up 50.97% in last trading session and was closed at $6.25, while trading in range of $4.09 – 6.34 . Arotech Corporation (NASDAQ:ARTX) year to date (YTD) performance is 79.08%.
Caterpillar (NYSE:CAT) saw some unusual options trading on Tuesday. Traders acquired 22,311 put options on the company, StockRatingsNetwork.com reports. This is an increase of approximately 104% compared to the typical daily volume of 10,924 put options. Caterpillar Inc. (NYSE:CAT) weekly performance is 2.26%. On last trading day company shares ended up $98.59. Caterpillar Inc.(NYSE:CAT) distance from 50-day simple moving average (SMA50) is 4.42%. Analysts mean target price for the company is $100.57.