Marathon Patent Group, Inc. (NASDAQ:MARA) announced that its wholly-owned subsidiary TLI Communications GmbH has filed a patent infringement lawsuit against Google, Inc. in the Regional Court of Munich in Germany. On Wednesday shares of Marathon Patent Group, Inc. (NASDAQ:MARA) closed at $7.51.
The Kroger Co. (NYSE:KR), on Thursday reported a 23 percent rise in quarterly profit, helped by its acquisition of Harris Teeter Supermarkets Inc and higher margins on fuel. Net income attributable to Kroger rose to $518 million, or $1.04 per share, in the fourth quarter ended Jan. 31, from $422 million, or 81 cents per share, a year earlier. The Kroger Co. (NYSE:KR) in last trading activity moved down -0.47% to close at $69.65. Company weekly performance is -3.73% while its quarterly performance stands at 16.73%. The Kroger Co. (NYSE:KR) is -5.37% away from its 52 week high.
Rite Aid Corporation (NYSE:RAD) announced sales results for February. For the five weeks ended Feb. 28, 2015, same store sales increased 3.3 percent over the prior-year period. February front-end same store sales increased 1.6 percent. Pharmacy same store sales, which included an approximate 144 basis points negative impact from new generic introductions, increased 4.1 percent. Prescription count at comparable stores increased 2.2 percent over the prior-year period. On last trading day Rite Aid Corporation (NYSE:RAD) moved down -0.62% to close at $8.05. Its volatility for the week is 1.55% while volatility for the month is 2.37%. RAD’s sales growth for past 5 years was -0.60% and its EPS growth for past 5 years was 15.60%. Rite Aid Corporation (NYSE:RAD) monthly performance is 14.18%.
Merck (NYSE:MRK), announced results from two post-hoc analyses of the TRA 2°P TIMI 50 (Thrombin Receptor Antagonist in Secondary Prevention of Atherothrombotic Ischemic Events) trial of ZONTIVITY® (vorapaxar), one of the largest secondary prevention studies of an antiplatelet medicine. Merck & Co. Inc. (NYSE:MRK) has 0.04% insider ownership while its institutional ownership stands at 75.00%. In last trading activity company’s stock closed at $57.88.
Wells Fargo & Co. downgraded shares of International Paper (NYSE:IP) to a market weight rating in a research note released on Monday morning, TheFlyOnTheWall.com reports. On last trading day International Paper Company (NYSE:IP) moved down -0.69% to close at $56.24. Its volatility for the week is 1.22% while volatility for the month is 1.68%. IP’s sales growth for past 5 years was 3.20% and its EPS growth for past 5 years was 24.60%. International Paper Company (NYSE:IP) monthly performance is 7.35%.