Business & Tech
The SJC 25 Stock Report: Feb. 26, 2012
Gas and retail outlets reined. Everything else did not impress this week.
Editor's note – In this feature, we check on the health of the Fortune 500 companies that have a presence in San Juan Capistrano.
Unless you were an oil giant or retailer, it wasn't a particularly good week for you.
Chevron had a 3.61 percent incline on the week and ConocoPhillips a 5.12 percent leap. Hmm. The same week we publish .
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Yelp is going public next week. We wish them luck, but we're pretty stuck on our own listings, which offers a lot more info.
The bloodshed continues for Radioshack. It's close to its 52-week low, reports City Biz List.
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Earnings reports: While Q4 earnings came in at a robust 16 percent for Dollar Tree, next quarter's estimate is less than analysits predicted, according to MSN Money. The stock went down a bit and then came back up. TJX Cos. reported earnings in line with what the experts predicted but was rewarded because that's 17 percent better than last year at this time. Safeway beat the street's estimates. Petco and Costco are taking a leap and reporting their latest earnings Wednesday (Feb. 29, for those who don't get my puns).
Some Business Briefs for You:
Saw the remodel going on at Rite Aid on Plaza Drive and caught . Went back the next day, and the floor work was already done.
Sempra Energy, parent of San Diego Gas & Electric, had . The company is moving ahead to increase the voltage that flows in and out of a substation in San Juan Capistrano.
Now this might finally get me back into McDonald's. Introducing the McBaguette. (It looks much better than it sounds.) Only have to go to France to get it.
Bank of America is looking to expand its presence in China, says Stocks and Shares. It hopes to add five more branches there in the next two-three years. I looked up how many bank branches there are per population, and the rates vary from one branch every 80 people in Manhatten (!!) to one every 20,566 people in Bangladesh. I think BofA has a ways to go.
Chevron also announced it is expanding its presence into China and will explore for shale gas in China’s Qiannan Basin. Anyone detect a theme?
CompanyTicker
Close Friday% Change
on the Week
Bank of America BAC 7.88-2.35
Big Lots BIG 43.60 -0.91 Chevron CVX 109.08 +3.61 Citigroup C 32.35 -1.75 ConocoPhillips COP 75.95 +5.12 Costco COST 84.40 +0.24 Dollar Tree DLTR 87.82 +1.14 FedEx FDX 90.24 -5.28 JP Morgan Chase JPM 38.28 +1.78 The Kroger Co. (Ralphs) KR 23.54 -0.38 Marriott MAR 34.73 -2.77 McDonald's MCD 100.32 +0.85 PetSmart PETM 54.78 +2.18 Quest Diagnostics DGX 57.24 -0.52 RadioShack RSH 7.18 -5.53 Rite Aid RAD 1.54 0 Ross Stores ROST 52.79 +1.62 Safeway (Vons) SWY 20.93 -3.73 Sempra Energy (SDG&E) SRE 58.04 +0.94 Staples SPLS 15.28 +3.52 Starbucks SBUX 48.30 -1.07 The TJX Cos. (Marshalls) TJX 35.97 +4.69 United Parcel Service UPS 76.50 -0.25 Wells Fargo WFC 30.18 -0.26 Yum! Brands (KFC, Taco Bell) YUM 65.54 +1.24– Financial data provided by Google Finance
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