Business & Tech
The SJC 25 Stock Report, April 1, 2012
A 1 percent growth rate doesn't sound sexy, until it compounds.
Editor's Note – In this feature, we check on the health of the Fortune 500 companies which have a presence in San Juan Capistrano.
It was a fairly uneventful week on the market, when all was said and done.
The Dow Jones Industrial Average was up 1 percent, and the S&P 500 was up .81 percent.
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Then again, 1 percent growth weekly is a 70 percent gain on the year. I wouldn't reject that! If only the markets were steady.
Ross Stores Inc. hit a 52-week high this week.
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RadioShack Corp. has not impressed since . The Wall Street Journal breaks it down as to why. And if you're curious about another struggling stock on our local index, here's a story from InvestorPlace on why investing in drugstore stocks, not just Rite Aid Corp., isn't a great idea.
Not everyone can be an alpha doggie in an index.
Some Business Briefs for You:
Remember as a test pilot program? Well, a location in . Just be careful driving home!
Starting April 8, Staples Inc. is offering up to 30 pages of free copies if you're copying your tax returns.
McDonald's Corp. is finally make a move away from its Stryofoam cups, reports DailyFinance. It's only taken, um, McForever.
Another business story crops up on Google Finance from Wells Fargo & Co. opened in the San Fernando Valley. It's like, tubular.
InvestorPlace sees the dual between UPS Inc. and FedEx Corp. like a great boxing match, and UPS just won a round with its purchase of a Dutch shipping company, TNT Express, for $6.8 billion.
Daily Finance reports that Bank of America Corp. has launched a program that would let homeowners behind in their mortgage payments stay in their homes even after the bank takes over. It's called Mortgage-to-Lease, but alas, it is not yet available in California.
Ticker
Close Friday% Change
on the Week
Bank of America BAC 9.57-2.84
Big Lots BIG 43.02 -5.78 Chevron CVX 107.21 +0.80 Citigroup C 36.55 -1.58 ConocoPhillips COP 76.01 -0.65 Costco COST 90.80 +0.59 Dollar Tree DLTR 94.49 -0.26 FedEx FDX 91.96 -0.45 JP Morgan Chase JPM 45.98 +1.82 The Kroger Co. (Ralphs) KR 24.23 -0.86 Marriott MAR 37.85 +0.34 McDonald's MCD 98.10 +2.67 PetSmart PETM 57.22 -0.17 Quest Diagnostics DGX 61.15 +3.35 RadioShack RSH 6.22 -4.31 Rite Aid RAD 1.74 -2.79 Ross Stores ROST 58.10 +1.73 Safeway (Vons) SWY 20.21 -4.35 Sempra Energy (SDG&E) SRE 59.96 +3.15 Staples SPLS 16.19 -2.35 Starbucks SBUX 55.89 +0.98 The TJX Cos. (Marshalls) TJX 39.71 +2.80 United Parcel Service UPS 80.72 +1.27 Wells Fargo WFC 34.14 +1.82 Yum! Brands (KFC, Taco Bell) YUM 71.18 +0.76– Financial data provided by Google Finance
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