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Home » Business & Finance » Active Stocks Update: Facebook Inc (NASDAQ:FB), Rite Aid Corporation (NYSE:RAD), Northstar Realty Finance, (NYSE:NRF),Intel Corporation (NASDAQ:INTC)
Active Stocks Update: Facebook Inc (NASDAQ:FB), Rite Aid Corporation (NYSE:RAD), Northstar Realty Finance, (NYSE:NRF),Intel Corporation (NASDAQ:INTC)

Active Stocks Update: Facebook Inc (NASDAQ:FB), Rite Aid Corporation (NYSE:RAD), Northstar Realty Finance, (NYSE:NRF),Intel Corporation (NASDAQ:INTC)

March 5, 2015 5:57 pm by: Category: Business & Finance Leave a comment A+ / A-

On Thursday, The Dow Jones industrial average climbed 26.87 points, or 0.15%, to 18,123.77, the S&P 500 gained 2.48 points, or 0.12%, to 2,101.01 and the NASDAQ Composite added 12.76 points, or 0.26%, to 4,979.90.

Insights about U.S. Stocks that are active during the current trade, are depicted underneath:

Facebook Inc (NASDAQ:FB)’s shares picked up 1.16%, and is now trading at $81.88. The Stock is active as 8.21M shares changed hands versus its average volume of 26.72M shares. The company holds the market capitalization of 224.77B. The stock return on equity value is 18.80 %, while return on assets value is 16.70 %, in response to its return on investment value of 8.30%. Its 20-day moving average gained 5.24%, and the stock moved above 50-day moving average of 5.30%. The mean recommendation of analysts for this stock is 1.80.(where 1=Buy, 5=Sale).

In the headlines, Asked at a town hall event at the Mobile World Congress in Barcelona, Spain, if the world’s prime social network had goals outside of social media and the Internet, CEO Mark Zuckerberg said Facebook is “pretty focused.”

Apple has innovated phones, music players and computers and is supposed to be working on an electric car. Google has a driverless car, has spent in solar power and is working on cancer-detecting pill.

Nonetheless, Facebook’s aim of connecting people globally is “pretty broad,” Zuckerberg said. That comprises enabling people to share their own photos and videos and message each other in addition to giving businesses a platform.

Facebook, Inc. operates as a social networking corporation worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.

Rite Aid Corporation (NYSE:RAD), declined -1.61%, and is now trading at $7.92. The Stock is active as 6.57M shares changed hands versus its average volume of 19.20M shares.

Today, Rite Aid Corporation (RAD) declared sales results for February.

Monthly Sales:

For the five weeks ended Feb. 28, 2015, same store sales raised 3.3 percent over the preceding-year period. February front-end same store sales raised 1.6 percent. Pharmacy same store sales, which comprised of an approximate 144 basis points negative influence from new generic introductions, raised 4.1 percent. Prescription count at comparable stores raised 2.2 percent over the preceding-year period.

Total drugstore sales for the five-week period raised 1.7 percent to $2.557 billion contrast to $2.513 billion for the same period last year. Prescription sales accounted for 69.2 percent of drugstore sales, and third party prescription sales represented 97.6 percent of pharmacy sales.

Quarterly Sales:

Same store sales for the 13-week period ended Feb. 28, 2015 raised 4.5 percent over the preceding-year period. Front-end same store sales raised 2.0 percent while pharmacy same store sales raised 5.7 percent. Prescription count at comparable stores raised 3.5 percent over the preceding-year period.

Total drugstore sales for the 13 weeks ended Feb. 28, 2015 raised 3.5 percent with sales of $6.795 billion contrast to $6.564 billion for the same period last year. Prescription sales represented 68.1 percent of total drugstore sales, and third party prescription sales represented 97.5 percent of pharmacy sales.

Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The corporation sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other everyday and convenience products.

Northstar Realty Finance Corp (NYSE:NRF), enhanced 1.49%, and is now trading at $18.45. The Stock is active as 5.72M shares changed hands versus its average volume of 6.42M shares.

NorthStar Realty Finance Corp. (NRF), declared that it has priced an underwritten public offering of 60 million shares of ordinary stock, of which 40 million shares are subject to the forward sale contract described below, at a public offering price of $18.65 per share. The underwriters have been granted a 30-day option to purchase up to 9 million additional shares of ordinary stock.

The offering is predictable to close on March 6, 2015.

NorthStar Realty intends to use the net proceeds from the sale of the shares of its ordinary stock in this offering and any net proceeds that it receives upon the settlement of the forward sale contract for general corporate purposes, which may comprise, among other things:

  • funding the equity portion of (i) the approximate €1.1 billion ($1.3 billion) purchase price for the attainment of a European office portfolio comprised of 11 Class A office properties located across gateway cities in seven of Europe’s top markets, and (ii) the approximate €500 million ($600 million) purchase price for a European real estate portfolio comprised of 38 properties diversified across eight countries;
  • the repayment of NorthStar Realty’s indebtedness, counting amounts outstanding under NorthStar Realty’s corporate revolving credit facility with Deutsche Bank AG New York Branch, as the Administrative and Collateral Agent, and the lenders party thereto which accrues interest at a per annum rate equal to LIBOR plus 3.50% (or 3.67% per annum as of February 27, 2015) and is due on August 5, 2017; and
  • additional potential attainments of healthcare, hotel, manufactured housing, net lease, multifamily and office properties, private equity fund interests and loan originations.

NorthStar Realty Finance Corp. is a diversified commercial real estate corporation that is organized as a REIT. NorthStar Realty is managed by an associate of NorthStar Asset Administration Group Inc., a global asset administration firm.

Intel Corporation (NASDAQ:INTC), dipped -0.41%, and is now trading at $33.98. The Stock is active as 4.99M shares changed hands versus its average volume of 27.05M shares.

The Intel award highlights industry-leading commitment by suppliers across all critical focus areas on which they are measured: quality, cost, availability, technology, customer service, labor and ethics systems and environmental sustainability. Veolia is recognized for noteworthy contributions providing Intel with waste administration services deemed essential to Intel’s success.

“Veolia has been an environmental services provider to Intel since 2000, supporting its environmental administration program in six countries around the world. Knowing there are many deserving suppliers, we are extremely happy and honored to receive the 2014 Preferred Quality Supplier (PQS) award for the second successive year. We take great pride in knowing that our solutions assist Intel achieve its sustainability aims, minimize its environmental influence and maximize the use of waste as a resource,” said Bob Cappadona , SVP Veolia North America’s Industrial Business.

The PQS award is part of Intel’s Supplier Continuous Quality Improvement (SCQI) program that encourages suppliers to strive for excellence and continuous improvement. To qualify for PQS status, suppliers must score 80 percent on a report card that assesses performance and ability to meet cost, quality, availability, technology, environmental, social and governance aims. Suppliers must also achieve 80 percent or greater on a challenging improvement plan and demonstrate solid quality and business systems.

Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments. The corporation’s platforms are used in various computing applications comprising notebooks, desktops, servers, tablets, smartphones, wireless and wired connectivity products, wearables, transportation systems, and retail devices.

Active Stocks Update: Facebook Inc (NASDAQ:FB), Rite Aid Corporation (NYSE:RAD), Northstar Realty Finance, (NYSE:NRF),Intel Corporation (NASDAQ:INTC) Reviewed by on . On Thursday, The Dow Jones industrial average climbed 26.87 points, or 0.15%, to 18,123.77, the S&P 500 gained 2.48 points, or 0.12%, to 2,101.01 and the NA On Thursday, The Dow Jones industrial average climbed 26.87 points, or 0.15%, to 18,123.77, the S&P 500 gained 2.48 points, or 0.12%, to 2,101.01 and the NA Rating: 0

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