Services Sector Active Stocks: Target Corporation (NYSE:TGT), Best Buy Co (NYSE:BBY), Rite Aid (NYSE:RAD), eBay Inc. (NASDAQ:EBAY)

Despite posting vastly lower sales than it expected in Canada, Target Corporation (TGT) expects its sales in this country to double this year over last – but it has a long way to go before hitting its longer-term forecast of $6-billion. Target Corporation (NYSE:TGT) stock performance was 3.10% in last session and finished the day at $62.54. Traded volume was 0.00 shares in the last session and the average volume of the stock remained 8.21 million shares. The beta of the stock remained 0.78. Target Corporation (NYSE:TGT) insider ownership is 0.20%.

The expansion in operating margins indicates that the Best Buy Co., Inc. (BBY) has been able to implement its cost-cutting initiatives successfully. Best Buy Co., Inc. (NYSE:BBY) rose 4.15% to $26.63 yesterday on volume of 200.00 shares. The intra-day range of the stock was $25.68 – $26.96. Best Buy Co., Inc. (NYSE:BBY) has a market capitalization of 9.22 billion.

Rite Aid Corp. (NYSE:RAD) was one of the more heavily bought stocks by hedge funds recently, with Peter Rathjens ‘ Arrowstreet Capital, David E. Shaw ‘s of D E Shaw and Ken Griffin ‘s Citadel Investment Group increasing their stakes significantly. Rite Aid Corporation (NYSE:RAD)’s stock on February 28, 2014 reported a lower of -2.23% to the closing price of $6.59. Its fifty two weeks range is $1.62 – $6.87. The total market capitalization recorded 6.19 billion. The overall volume in the last trading session was 300.00 shares. In its share capital, Rite Aid Corporation (NYSE:RAD) has 938.99 million outstanding shares.

Activist investor Carl Icahn challenged eBay Inc. (NASDAQ:EBAY) executives to a public debate after accusing two company directors of conflicts of interest earlier this week. On Friday, shares of eBay Inc. (NASDAQ:EBAY) advanced 0.74% to close the day at $58.77. Company return on investment (ROI) is 9.90% and its monthly performance is recorded as 12.61%. eBay Inc. (NASDAQ:EBAY) quarterly revenue growth is 20.53%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone