The SJC 25 Stock Report, March 25, '12

Editors Note  – In this feature, we check on the health of the Fortune 500 companies which have a presence in San Juan Capistrano.

It's been an anemic week on the market, despite some positive economic news. The markets remain jittery on concerns about Europe and China.

FedEx Corp. officials said this week they're not bullish on the economy. And kind of like a storied stock broker, when Fed Ex talks, Wall Street listens, according to Kapitall Wire. The company serves as a barometer for the economy, at least for that portion of business that ships things. Which is pretty much everyone.

Starbucks Corp. hit a 52-week high this past week. It was our big winner on the week. 

Check out the nifty chart that compares the SJC Patch 25 (in blue) with the Dow Jones and S&P.

Some Business Briefs for You:

Citigroup Inc. is experiencing a 20 percent jump in loans to businesses! That's incredible news. For Mexico. It's the company's Mexican division, Banamex, that is seeing this growth, according to Businessweek. Wish we could say the same in the US.

Talk about a typo! A Switzerland-based currency trader thought JPMorgan Chase & Co. was hiring him for $3.1 million a year. But the company put the decimal point in the wrong place. Officials meant to offer 10 times less. The now unemployed trader is suing, according to Bloomberg. While every typo pains me, I do take solace in that they don't cost me $2.8 million a pop.

McDonald's Corp.'s CEO Jim Skinner announced his retirement after 41 years with the company, according to Reuters. You don't usually see that loyalty these said. President and Chief Operating Officer Don Thompson will replace Skinner.

Rite Aid Corp. announced it would be offering free skin cancer screenings in August for California stores, according to The Street. Get more details at www.skincancer.org/tour.

 Ticker 

  % Change

 on the Week 

  +0.51

– Financial data provided by Google Finance