Stocks Touched New Highs: Globalstar, Inc. (NYSEMKT:GSAT), Ally Financial Inc (NYSE:ALLY), BP plc (ADR) (NYSE:BP), Walgreen Company (NYSE:WAG)

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Globalstar, Inc. (NYSEMKT:GSAT)’s stock is rallying on Thursday despite the company missing first-quarter revenue estimates. By midday, shares had climbed 5.1% to $3.08. Trading volume of 5.8 million shares was nearly triple its three-month daily average. Globalstar, Inc. (NYSEMKT:GSAT) stock performance was 3.75% in last session and finished the day at $ 3.04. Traded volume was 10.78 million shares in the last session and the average volume of the stock remained 2.04 million shares. The beta of the stock remained 3.39. Globalstar, Inc. (NYSEMKT:GSAT) insider ownership is 68.95%.

Ally Financial Inc (NYSE:ALLY) reported core pre-tax income of $336 million in the first quarter of 2014, compared to core pre-tax income of$142 million in the prior quarter and a core pre-tax loss of $6 million in the comparable prior year period. Core pre-tax income, excluding repositioning items, was $339 million for the first quarter of 2014, increasing $132 million compared to same period last year. Ally Financial Inc (NYSE:ALLY) rose 3.19% to $ 25.21 yesterday on volume of 10.45 million shares. The intra-day range of the stock was $ 24.25 – 25.23. Ally Financial Inc (NYSE:ALLY) has a market capitalization of $ 39.03 million.

BP plc (ADR) (NYSE:BP)‘s stock had its “neutral” rating reiterated by research analysts at Credit Suisse in a report released on Tuesday, AR Network reports. A number of other firms have also recently commented on BP. Analysts at Nomura reiterated a “neutral” rating on shares of BP plc (ADR) in a research note on Wednesday, April 30th. BP plc (ADR) (NYSE:BP)’s stock on May 8, 2014 reported a decrease of -0.47% to the closing price of $ 50.78. Its fifty two weeks range is $ 50.77 – 51.38. The total market capitalization recorded $ 156.50 billion. The overall volume in the last trading session was 6.88 million shares. In its share capital, BP plc (ADR) (NYSE:BP) has 3.07 billion outstanding shares.

Walgreen Company (NYSE:WAG)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Wednesday, AnalystRatings.NET reports. They currently have a $69.00 price objective on the stock, up from their previous price objective of $62.00. On Friday, shares of Walgreen Company (NYSE:WAG) dropped -1.69% to close the day at $ 68.69. Company return on investment (ROI) is 10.20% and its monthly performance is recorded as 7.63% Walgreen Company (NYSE:WAG) quarterly revenue growth is 16.56%.

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