J.C Penney Co Inc. (NYSE:JCP) stock surged during the pre-market trading. First quarter earnings were released Thursday after market and the retailer posted another narrow than expected loss sending the stock price up over 20% after hours. The department store posted over $2.5 billion in losses over the past three years and yesterday’s earnings were its first quarterly sales gain since 2011. The company continues to lose money, but their first quarter loss was narrower than what analysts expected. Operating loss in the first quarter came in at $242 million compared to a loss of $389 million the same period a year ago. First quarter sales were up 6.2% to $2.8 billion beating analysts forecast of $2.1 billion. J.C. Penney Company, Inc. (NYSE:JCP) net profit margin is -11.70% and weekly performance is 10.57%. On last trading day company shares ended up $9.73. 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 14.48%.
Sirius XM Holdings (NASDAQ:SIRI)‘s stock had its “hold” rating restated by stock analysts at Wunderlich in a report issued on Tuesday, Stock Ratings Network reports. They currently have a $3.50 price objective on the stock. Wunderlich’s price objective indicates a potential upside of 8.80% from the stock’s previous close. Sirius XM Holdings Inc. (NASDAQ:SIRI) shares fell -1.11% in last trading session and ended the day on $3.12. SIRI gross Margin is 62.70% and its return on assets is 5.30%.Sirius XM Holdings Inc. (NASDAQ:SIRI) quarterly performance is -12.50%.
Cisco Systems, Inc. (NASDAQ:CSCO) recently named Marco Inc. its 2013 Central Area Small to Medium Business Partner of the Year for leadership in implementing unified communications and cloud networking systems among other Cisco technologies. Cisco Systems, Inc. (NASDAQ:CSCO) shares moved up 0.79% in last trading session and was closed at $24.37, while trading in range of $24.06 – $24.44. Cisco Systems, Inc. (NASDAQ:CSCO) year to date (YTD) performance is 10.42%.
Applied Materials Inc. (NASDAQ:AMAT) Thursday reported a swing to profit in the second quarter, driven largely by a 19 percent growth in revenues and the absence of an impairment charge recorded last year. The semiconductor equipment maker’s earnings and revenues for the quarter were in line with Wall Street estimates. Applied Materials, Inc. (NASDAQ:AMAT) ended the last trading day at $20.21. Company weekly volatility is calculated as 2.57% and price to cash ratio as 10.69.Applied Materials, Inc. (NASDAQ:AMAT) showed a positive weekly performance of 4.66%.
Pfizer Inc. (NYSE:PFE) said Friday that the Food and Drug Administration will let the drugmaker apply for approval of its heavily touted experimental breast cancer medicine based on midstage patient testing results. Pfizer Inc. (NYSE:PFE) net profit margin is 81.20% and weekly performance is 0.31%. On last trading day company shares ended up $29.12. Analysts mean target price for the company is $33.97. Pfizer Inc. (NYSE:PFE) distance from 50-day simple moving average (SMA50) is -5.45%.