JetBlue Airways Corporation (NASDAQ:JBLU) announced first quarter 2014 results on 24th April. The highlights of the earnings call are as follows. The airline reported operating income of $41 million in the reporting quarter, which was well below the $59 million it had reported in 1Q13. This further came down to $6 million pre-tax as against the $23 million it had reported in 1Q13. Net income came in at $4 million, as against the $14 million it had reported in 1Q13. JetBlue Airways Corporation (NASDAQ:JBLU) shares after opening at $8.36 moved to $8.38 on last trade day and at the end of the day closed at $7.92. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 3.75. JetBlue Airways Corporation (NASDAQ:JBLU) showed a negative weekly performance of -8.12%.
Staples, Inc. (NASDAQ:SPLS) the largest U.S. office-supplies chain, will close as many as 12%, or more than 220 of its North American stores, and cut as much as $500 million in costs as online competition continues to hurt sales. Staples, Inc. (NASDAQ:SPLS) shares advanced 1.53% in last trading session and ended the day on $12.29. SPLS return on equity ratio is recorded as 10.20% and its return on assets is 5.20%. Staples, Inc. (NASDAQ:SPLS) yearly performance is -1.29%.
Finally Rite Aid Corporation (NYSE:RAD), the third-largest drugstore in the U.S. is approaching towards stability after years of struggle in the Industry. Its recent release of fourth quarter profits proves the point as how the company has been able to move beyond its loss making years and establish itself as a profit-making firm. Rite Aid Corporation (NYSE:RAD) weekly performance is -2.37%. On last trading day company shares ended up $6.99. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average is 5.52%. Analysts mean target price for the company is $7.95.
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