Market Alert: J C Penney Company Inc (NYSE:JCP), Banco Bradesco (NYSE:BBD), Yingli Green Energy Holding (NYSE:YGE), KAR Auction Services (NYSE:KAR), Ericsson (NASDAQ:ERIC)


Vetr upgraded shares of J C Penney Company Inc (NYSE:JCP) from a sell rating to a hold rating in a report released on Tuesday. Vetr currently has $9.67 price objective on the stock. On Tuesday shares of J C Penney Company Inc (NYSE:JCP) closed at $7.37. Company’s sales growth for last 5 years was -8.50%.

Banco Bradesco S.A. (NYSE:BBD) cash dividend payment of $0.006673 per share is scheduled to be paid on April 08, 2015. Shareholders who purchased BBDO prior to the ex-dividend date are eligible for the cash dividend payment. Banco Bradesco S.A. (NYSE:BBD) in last trading activity decreased -2.26% to close at $10.79. Company weekly performance is -15.17% while its quarterly performance stands at -22.93%. Banco Bradesco S.A. (NYSE:BBD) is -40.64% away from its 52 week high.

Yingli Green Energy Holding Company Limited (NYSE:YGE) announced that it plans to release its unaudited financial results for the fourth quarter and full year ended December 31, 2014, before the U.S. market opens on Wednesday, March 25, 2015. On Tuesday shares of Yingli Green Energy Holding Co. Ltd. (NYSE:YGE) closed at $2.15. Company’s sales growth for last 5 years was 12.20%.

KAR Auction Services, Inc. (NYSE:KAR) participated in the following investor conference: Credit Suisse 17th Annual Global Services Conference Jim Hallett, Chief Executive Officer and Eric Loughmiller, Chief Financial Officer and Executive Vice President presented on Tuesday, March 10th at 8:35 am EDT. KAR Auction Services, Inc. (NYSE:KAR) has 0.16% insider ownership. In last trading activity company’s stock closed at $36.42.

Ericsson (NASDAQ:ERIC) says it will cut 2,200 jobs in Sweden as part of a 9 billion kronor ($1.1 billion) savings package. The Stockholm-based company said the layoffs would mostly affect research and development and supply positions. Ericsson (NASDAQ:ERIC) in last trading activity fell -1.84% to close at $12.26. Company weekly performance is -3.92% while its quarterly performance stands at -1.37%. Ericsson (NASDAQ:ERIC) is -7.68% away from its 52 week high.


Leave a Reply

Your email address will not be published. Required fields are marked *