Services Stocks Touched New Highs: Con-way (NYSE:CNW), JetBlue Airways (NASDAQ:JBLU), Xerox (NYSE:XRX), Sonic Corporation (NASDAQ:SONC), Asbury Automotive Group (NYSE:ABG)

Technology Stocks News 11

Con-way Inc (NYSE:CNW) CEO Douglas Stotlar sold 174,107 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 19th. The stock was sold at an average price of $48.80, for a total value of $8,496,421.60. Following the sale, the chief executive officer now directly owns 240,500 shares of the company’s stock, valued at approximately $11,736,400. Con-way Inc (NYSE:CNW) stock performance was 0.63% in last session and finished the day at $49.77. Traded volume was 862,045.00million shares in the last session and the average volume of the stock remained 609.40K shares. The beta of the stock remained 1.69. Con-way Inc (NYSE:CNW) insider ownership is 1.20%.

Delta Air Lines Inc. ( DAL ) is consolidating itself in the Caribbean market with its recently announced non stop services connecting Barbados with both Atlanta and New York. The Caribbean remains a strong point for Delta’s rival JetBlue Airways Corporation (NASDAQ:JBLU), where the carrier offers non stop service to 25 destinations. Of late, Southwest Airlines also flagged off services to the Caribbeans in a bid to grab market share from JetBlue Airways Corporation (NASDAQ:JBLU). JetBlue Airways Corporation (NASDAQ:JBLU) dropped -0.75 percent to $10.58 Thursday on volume of 4.55million shares. The intra-day range of the stock was $10.54 to $10.75. JetBlue Airways Corporation (NASDAQ:JBLU) has a market capitalization of $3.14billion.

Xerox Corporation (NYSE:XRX) has created a simple way for citizens to thank military personnel overseas letssaythanks.com. The sender selects a design and message, which is then personalized with the sender’s name and town. Xerox Corp (NYSE:XRX)’s stock on June 26, 2014 reported a decrease of -1.97% to the closing price of $12.34. Its fifty two weeks range is $8.85 -$13.01. The total market capitalization recorded $14.40billion. The overall volume in the last trading session was 7.82million shares. In its share capital, XRX has 1..17billion outstanding shares.

Sonic Corporation (NASDAQ:SONC) has put in a solid performance on the charts over the past 52 weeks, with the shares up roughly 61% to trade at $23.00. What’s more, the equity has found a solid layer of technical support atop its 200-day moving average — which not only served as a foothold, but also as a springboard, during the equity’s two most recent pullbacks. On Thursday, shares of Sonic Corporation (NASDAQ:SONC) dropped -0.53% to close the day at $22.65. Company return on investment (ROI) is 11.80% and its monthly performance is recorded as 8.27%. Sonic Corporation (NASDAQ:SONC) quarterly revenue growth is 1.62%.

Finally, Zacks upgraded shares of Asbury Automotive Group, Inc. (NYSE:ABG) from a neutral rating to an outperform rating. Zacks now has a $69.20 price target on that stock. Asbury Automotive Group, Inc. (NYSE:ABG) stock performance was 0.54% in last session and finished the day at $66.74. Traded volume was 146,045.00million shares in the last session and the average volume of the stock remained 301.09K shares. The beta of the stock remained 1.79. Asbury Automotive Group, Inc. (NYSE:ABG) insider ownership is 1.50%.

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