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

Technology Stocks News 15

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%.

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