J C Penney Company Inc (NYSE:JCP) will resume mailing catalogs after five years of doing away with it as a means of boosting sales, according to the Wall Street Journal. The new catalogs will be sent to select customers this coming March, with 120 print pages detailing items from the store’s home department. On Wednesday shares of J C Penney Company Inc (NYSE:JCP) closed at $7.25. Company’s sales growth for last 5 years was -8.50%.
Drugmaker AbbVie Inc. (NYSE:ABBV) said Monday that its new, all-pill hepatitis C combo treatment has been approved for patients in the 28 European Unionmember countries. Drugmaker AbbVie Inc. said Monday that its new, all-pill hepatitis C combo treatment has been approved for patients in the 28 European Unionmember countries. AbbVie Inc. (NYSE:ABBV) in last trading activity fell -1.18% to close at $62.70. Company weekly performance is -1.09% while its quarterly performance stands at 16.11%. AbbVie Inc. (NYSE:ABBV) is -10.72% away from its 52 week high.
Safeway Inc. (NYSE:SWY) is opening its first Safeway-branded gas station on Oahu at the Safeway-anchored Laulani Village shopping center in Ewa Beach, a spokesman for the California-based grocery chain confirmed to PBN. On last trading day Safeway Inc. (NYSE:SWY) moved up 0.09% to close at $35.22. Its volatility for the week is 0.32% while volatility for the month is 0.43%. SWY’s sales growth for past 5 years was -3.90% and its EPS growth for past 5 years was -18.00%. Safeway Inc. (NYSE:SWY) monthly performance is 1.44%.
On Jan 20, 2015, Zack issued an updated research report on MasTec, Inc (NYSE:MTZ) a leading infrastructure construction company operating throughout the United States. In the third quarter of 2014, MasTec reported adjusted earnings of 53 cents per share, down from 59 cents earned in the year-ago quarter. Earnings were in line with the Zacks Consensus Estimate but below management’s guidance of 56 cents. MasTec, Inc. (NYSE:MTZ) has 4.10% insider ownership while its institutional ownership stands at 85.40%. In last trading activity company’s stock closed at $18.77.
Cheetah Mobile Inc (NYSE:CMCM) has witnessed a drop of 6.9% or 466,252 shares in its short figure. The short interest diminution took it from 6,738,918 on December 15,2014 to 6,272,666 on December 31,2014. In terms of floated shares, the short interest was calculated to be 36.6%. The days to cover are 14 given that the daily volume averaged 455,162 shares. On last trading day Cheetah Mobile Inc. (NYSE:CMCM) moved up 4.24% to close at $18.95. Its volatility for the week is 4.29% while volatility for the month is 4.57%. Cheetah Mobile Inc. (NYSE:CMCM) monthly performance is 26.67%.