On May 22, 2014, Southwest Airlines Co (NYSE:LUV), announced this week that Captain Craig Drew has been named Vice President Flight Operations. In his new role, effective June 2 , Drew will be responsible for the airline’s flight operations functions, which include 10 Pilot Bases nationwide, Crew Scheduling, and the Flight Training Center. Southwest Airlines Co (NYSE:LUV), net profit margin is 4.80% and weekly performance is -4.79%. On last trading day company shares ended up $25.79. Analysts mean target price for the company is $27.21. Southwest Airlines Co (NYSE:LUV), distance from 50-day simple moving average (SMA50) is 7.59%.
On May 20, 2014, Time Inc. people were told late last week that any unvested Time Warner stock options will be forfeited once the publishing operation is spun off from Time Warner and begins trading as its own company on June 6. Time Warner Inc (NYSE:TWX), advanced 1.01% in last trading session and ended the day on $70.68. TWX, Gross Margin is 45.30% and its return on assets is 7.40%. Time Warner Inc (NYSE:TWX), quarterly performance is 9.77%.
On May 22, 2014, A formal bid by CVS Caremark Corporation (NYSE:CVS), to purchase Brazilian drugstore firm DPSP has been rejected by the company, a Brazilian news website reported. CVS Caremark Corporation (NYSE:CVS), shares moved down 0.12% in last trading session and was closed at $77.12, while trading in range of $76.99 – 77.41. CVS Caremark Corporation (NYSE:CVS), year to date (YTD) performance is 8.59%.
SBA Communications Corporation (NASDAQ:SBAC), Chairman Steven E. Bernstein sold 75,000 shares of the company’s stock in a transaction dated Friday, May 23rd. The shares were sold at an average price of $100.68, for a total value of $7,551,000.00. Following the completion of the sale, the chairman now directly owns 8,932 shares in the company, valued at approximately $899,274. SBA Communications Corporation (NASDAQ:SBAC), ended the last trading day at $100.60. Company weekly volatility is calculated as 1.24% and price to cash ratio as 39.51. SBA Communications Corporation (NASDAQ:SBAC), showed a positive weekly performance of 0.41%.
On May 20, 2014, In its efforts to reward shareholders, Murphy USA Inc (NYSE:MUSA), plans to spend $125 million to repurchase its common stock shares by December 31. That comes on the wake of $50 million new repurchase program approval by the company’s board. Murphy USA Inc (NYSE:MUSA), net profit margin is 1.40% and weekly performance is 4.25%. On last trading day company shares ended up $50.27. Analysts mean target price for the company is $47.50. Murphy USA Inc (NYSE:MUSA), distance from 50-day simple moving average (SMA50) is 17.37%.