Mid Cap New Highs: Rite Aid Corporation (NYSE:RAD), Amkor Technology, Inc. (NASDAQ:AMKR), CareFusion Corporation (NYSE:CFN), DDR Corp, Strategic Hotels and Resorts

Technology Stocks News 16

Rite Aid Corporation (NYSE:RAD) and The Hershey Company are once again the only Harrisburg-area companies to make the Fortune 500 list of the the country’s largest companies. Rite Aid, based in East Pennsboro Township, dropped a couple notches on the list to rank 118th, down from the 113th spot on the 2013 list. Rite Aid is the nation’s third largest drugstore chain, with 4,587 stores in 31 states and the District of Columbia as of March 1. Rite Aid Corporation (NYSE:RAD) stock performance was 2.78% in last session and finished the day at $8.50. Traded volume was 22.41million shares in the last session and the average volume of the stock remained 23.97million shares. The beta of the stock remained 1.47. Rite Aid Corporation (NYSE:RAD) insider ownership is 0.70%.

Amkor Technology, Inc (NASDAQ:AMKR) Director John Osborne sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $10.30, for a total transaction of $206,000.00. Following the transaction, the director now directly owns 27,334 shares in the company, valued at approximately $281,540. Amkor Technology, Inc. (NASDAQ:AMKR) rose 1.89 percent to $10.81 Wednesday on volume of 2.11million shares. The intra-day range of the stock was $10.53 to $10.81. Amkor Technology, Inc. (NASDAQ:AMKR) has a market capitalization of $2.56billion.

CareFusion Corporation (NYSE:CFN) Insider Thomas J. Leonard sold 1,250 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $42.81, for a total transaction of $53,512.50. Following the transaction, the insider now directly owns 33,303 shares of the company’s stock, valued at approximately $1,425,701. CareFusion Corporation (NYSE:CFN)’s stock on June 03, 2014 reported a increase of 1.39% to the closing price of $43.67. Its fifty two weeks range is $35.01 -$43.78. The total market capitalization recorded $9.05billion. The overall volume in the last trading session was 1.72million shares. In its share capital, CFN has 207.31million outstanding shares.

DDR Corp. (NYSE:DDR), a self-administered and self-managed REIT, earlier this year reported that its portfolio was more than 95% occupied, its highest level since 2008, and as part of a long-term plan to upgrade its tenants, has just unveiled an initiative to recapture space for high-quality anchor store locations across its portfolio as the leases expire. On Wednesday, shares of DDR Corp (NYSE:DDR) dropped -0.17% to close the day at $17.47. Company return on investment (ROI) is 2.10% and its monthly performance is recorded as 1.69%. DDR Corp (NYSE:DDR) quarterly revenue growth is 5.50%.

Strategic Hotels & Resorts Inc. (NYSE:BEE) expects to raise more than $400 million from a common stock offering. The company intends to use the net proceeds to fund the acquisition of the 63.6% ownership interest in the Hotel del Coronado. Blackstone Group is selling the stake in the landmark 757-room San Diego hotel for $210 million. Strategic Hotels and Resorts Inc (NYSE:BEE) stock performance was -0.09% in last session and finished the day at $11.11. Traded volume was 2.60million shares in the last session and the average volume of the stock remained 2.71million shares. The beta of the stock remained 2.44. Strategic Hotels and Resorts Inc (NYSE:BEE) insider ownership is 0.90%.

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