Verizon Communications Inc. (NYSE:VZ) will pay a fine of $2 million to the U.S. Treasury after agreeing that it failed to investigate low call completion rates in 26 rural areas, the Federal Communications Commission announced Monday. The telecommunications provider also agreed to invest $3 million over the next three years to improve the completion of calls to rural America, the FCC said in a news release. On Tuesday shares of Verizon Communications Inc. (NYSE:VZ) closed at $46.35. Company’s sales growth for last 5 years was 3.30% and EPS growth for next 5 years is recorded as 7.88%.
American Airlines Group Inc. (NASDAQ:AAL) on Tuesday reported fourth-quarter net income of $597 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Fort Worth, Texas-based company said it had net income of 82 cents. Earnings, adjusted for non-recurring costs, came to $1.52 per share. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share. The world’s largest airline posted revenue of $10.16 billion in the period, which also beat Street forecasts. Analysts expected $10.14 billion, according to Zacks. American Airlines Group Inc. (NASDAQ:AAL) in last trading activity fell -4.97% to close at $52.69. Company weekly performance is -0.10% while its quarterly performance stands at 32.67%. American Airlines Group Inc. (NASDAQ:AAL) is -6.24% away from its 52 week high.
Zacks upgraded shares of Chesapeake Utilities (NYSE:CPK) from a neutral rating to an outperform rating in a report released on Monday, 19 January 2015. On last trading day Chesapeake Utilities Corporation (NYSE:CPK) fell -1.15% to close at $50.59. Its volatility for the week is 2.11% while volatility for the month is 2.62%. CPK’s sales growth for past 5 years was 8.80% and its EPS growth for past 5 years was 11.30%. Chesapeake Utilities Corporation (NYSE:CPK) monthly performance is 0.56%.
The Travelers Companies, Inc. (NYSE:TRV) on 22 January 2015 reported net income of $1.038 billion for the fourth quarter that ended on Dec. 31, 2014, up 5 percent compared to $988 million net income during the 2013 fourth quarter. Travelers said its fourth-quarter results benefited from a higher underwriting gain, which was partially offset by lower net investment income. The latest results bring Travelers’ 2014 full-year net income to $3.692 billion, up 1 percent from $3.673 billion income during full-year 2013. Operating income for the fourth quarter was $1.023 billion, up 4 percent from $981 million a year ago. The full-year 2014 operating income was $3.641 billion, up 2 percent from $3.567 billion in 2013. The Travelers Companies, Inc. (NYSE:TRV) has 0.30% insider ownership while its institutional ownership stands at 84.10%. In last trading activity company’s stock closed at $106.05.
Johnson & Johnson (NYSE: JNJ) on 20 January 2015 announced sales of $18.3 billion for the fourth quarter of 2014, a decrease of 0.6% as compared to the fourth quarter of 2013. Operational results increased 3.9% and the negative impact of currency was 4.5%. Domestic sales increased 7.4%. International sales decreased 6.7%, reflecting operational growth of 1.2% and a negative currency impact of 7.9%. Excluding the net impact of acquisitions and divestitures, on an operational basis, worldwide sales increased 6.7%, domestic sales increased 10.7% and international sales increased 3.6%. On Tuesday shares of Johnson & Johnson (NYSE:JNJ) closed at $102.09. Company’s sales growth for last 5 years was 3.70% and EPS growth for next 5 years is recorded as 5.82%.