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Thursday 28 May 2015
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Afternoon Movers To Watch List: J. C. Penney Company, (NYSE:JCP), Oasis Petroleum (NYSE:OAS), Boston Scientific Corporation (NYSE:BSX), The Blackstone Group L.P. (NYSE:BX)

During Tuesday’s current trade, J. C. Penney Company, Inc. (NYSE:JCP)’s shares gained 0.45%, to $8.87. , J. C. Penney Company is currently trading with 4,831,221 shares as compared to its average volume of 14,545,400 shares. The company has market capitalization of 2.70B.

J. C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, in addition to provides various services, counting styling salon, optical, portrait photography, and custom decorating.

Oasis Petroleum Inc. (NYSE:OAS)’s shares lost -3.37% to $16.78, during the current trading session Tuesday, as oil slid to a one-month low in London as a strengthening dollar reduced the appeal of commodities priced in the U.S. currency, according to Bloomberg.

The 20-day negative correlation between the U.S. Dollar Index and Brent was at the strongest since July 2013, according to Bloomberg data. The dollar gain outweighed concern that violence in the Middle East will disrupt supply. Bloomberg Reports.

Oasis Petroleum Inc., an independent exploration and production company, focuses on the acquisition and development of unconventional oil and natural gas resources in the North Dakota and Montana regions of the Williston Basin.

In an Afternoon trade, Boston Scientific Corporation (NYSE:BSX)’s shares climbed 0.06%, to $17.83.

Today, Boston Scientific Corporation, is planned to take part in the Goldman Sachs 36th Annual Global Healthcare Conference on June 9 in Rancho Palos Verdes, CA.

Dan Brennan, executive vice president and chief financial officer, and Susie Lisa, vice president, Investor Relations, will take part in a 35-minute question and answer session regarding the company with the host analyst startning at about 10 a.m. PT.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.

The Blackstone Group L.P. (NYSE:BX), during its Tuesday’s current trading session lost -0.64% to $43.15.

The Blackstone Group, declared that Jon Gray, Global Head of Real Estate at Blackstone, will present at the Morgan Stanley Financials Conference in New York on Tuesday, June 9th, 2015 at about 3:35 p.m. ET.

The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.

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