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Market Movers: Rite Aid Corporation (NYSE:RAD), Parker Drilling Co. (NYSE:PKD), Ariad Pharmaceuticals Inc. (NASDAQ:ARIA), Cisco Systems (NASDAQ:CSCO), PPL Corporation (NYSE:PPL) - Property Mentor Group

Market Movers: Rite Aid Corporation (NYSE:RAD), Parker Drilling Co. (NYSE:PKD), Ariad Pharmaceuticals Inc. (NASDAQ:ARIA), Cisco Systems (NASDAQ:CSCO), PPL Corporation (NYSE:PPL)


On Tuesday shares of Rite Aid Corporation (NYSE:RAD) closed at $7.88. Company’s sales growth for last 5 years was -0.60% and EPS growth for next 5 years is recorded as 39.71%. On March 12, Rite Aid Corporation (NYSE:RAD) announced the grand opening of a new store in Harrisburg, Pa. Located at 4999 Jonestown Road, this is the first net-new store built by the Company since 2010. U.S. Congressman Lou Barletta (PA-11) will join John Standley, Rite Aid chairman and CEO and Ken Martindale, Rite Aid president and chief operating officer and president of The Rite Aid Foundation, for a ribbon-cutting ceremony at the store, today at 10:30 a.m.

Parker Drilling Co. (NYSE:PKD) in last trading activity advanced 6.19% to close at $3.09. Company weekly performance is 7.67% while its quarterly performance stands at 19.77%. Parker Drilling Co. (NYSE:PKD) is -58.19% away from its 52 week high. On March 10, 2015, the Board of Directors of Parker Drilling Co. (NYSE:PKD) elected Zaki Selim as a Class I member of the Company’s Board of Directors (the “Board”), with a term expiring at the annual meeting of stockholders to be held in 2015. In addition, the Board appointed Mr. Selim as a member of the Audit Committee of the Board.

On Tuesday shares of Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) closed at $8.72. Company’s sales growth for last 5 years was 66.20% and EPS growth for next 5 years is recorded as 41.40%. On March 9, it was reported that,The directors of Ariad Pharmaceuticals Inc. (NASDAQ:ARIA) shut down a shareholder derivative suit alleging Ariad’s leadership hid problems with a leukemia drug it eventually pulled from the market, sending the company to the brink of financial disaster, according to an order filed in Massachusetts federal court.

Cisco Systems, Inc. (NASDAQ:CSCO) in last trading activity decreased -0.53% to close at $28.15. Company weekly performance is -1.78% while its quarterly performance stands at 5.51%. Cisco Systems, Inc. (NASDAQ:CSCO) is -7.13% away from its 52 week high. At CeBIT, Deutsche Telekom and Cisco Systems, Inc. (NASDAQ:CSCO) are announcing a number of newly developed Intercloud-based services for small- and medium-sized businesses and enterprise customers. The announcement builds upon the long-standing strategic relationship between Deutsche Telekom and Cisco.

On last trading day PPL Corporation (NYSE:PPL) decreased -0.03% to close at $32.29. Its volatility for the week is 1.44% while volatility for the month is 1.68%. PPL’s sales growth for past 5 years was 9.10% and its EPS growth for past 5 years was 16.90%. PPL Corporation (NYSE:PPL) monthly performance is -5.86%. On March 12, PPL Corporation (NYSE:PPL) made its third $20,000 contribution to Pocono Alliance’s Tax to the Max for Kids Campaign over the past three years. The donation was made under the Pennsylvania Educational Improvement Tax Credit Program. Pocono Alliance’s mission is to provide resources to the community by building relationships and creating solutions. The organization’s programs focus on Self-Sufficiency, Healthy Living and Child & Family Development.


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