J. C. Penney Company, Inc.’s (NYSE:JCP) troubles seem far from over, as the stock plunged 10.6% yesterday, after the company provided an update on its sales performance during the holiday period and the fourth quarter of fiscal 2013. They now have a $5.00 price target on the stock, down previously from $7.00. J.C. Penney Company, Inc. (NYSE:JCP) stock opened at $5.89 in last session, and closed at $5.08, while the day range of JCP stock is $4.90 – $5.97. The stock showed a negative weekly performance of -20.87%.
Shares of Sirius XM Holdings (NASDAQ: SIRI ) slipped about 1% this morning after Wunderlich Securities downgraded the satellite radio company from buy to hold. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened at $3.50, in last session and closed at $3.52, by losing -0.85%. The 52 week range of SIRI is $2.95 – $4.18. Company’s market capitalization is $21.97billion.
In Michigan, two regional jets operated by partners of Delta Air Lines, Inc. (NYSE:DAL) became stuck on Detroit taxiways Wednesday morning. Delta Air Lines, Inc. (NYSE:DAL) stock advanced 1.91% and finished the last session at $29.94. The EPS of the stock remained 12.28. Company’s market capitalization is $25.62billion.
Shares of parent company of KFC, Taco Bell and Pizza Hut surged Tuesday after Yum Brands, Inc. (NYSE:YUM) Brands indicated that the company’s problem-plagued China business was starting to show some improvements. Yum! Brands, Inc. (NYSE:YUM) stock opened the session at $71.59, and closed the session at $72.06. The 52 week range of the YUM stock remained $59.68 – $78.68 and the day range was $70.55 – $72.58.