Two families were displaced and three stores were destroyed in a five-alarm fire in Jersey City early yesterday morning. Two firefighters suffered smoke inhalation and were sent to the Jersey City Medical Center, where they were treated and released, Jersey City Assistant Public Safety Director Jerry Cala said. The second floor of a Rite Aid Corporation (NYSE:RAD) Pharmacy at 337 Central Ave. and a vacant three-story building at 331 Central Ave. also suffered damage in the fire, he said. Rite Aid Corporation (NYSE:RAD) stock performance was 0.78% in last session and finished the day at $6.43. Traded volume was 12.04million shares in the last session and the average volume of the stock remained 21.86million shares. The beta of the stock remained 2.66. Rite Aid Corporation (NYSE:RAD) insider ownership is 0.80%.
Safeway, Inc. (NYSE:SWY) announced the expiration of the 21-day “go-shop” period pursuant to the terms of the previously announced definitive merger agreement under which AB Acquisition LLC has agreed to acquire all outstanding shares of Safeway Inc. (NYSE:SWY). Safeway Inc. (NYSE:SWY) dropped -0.56 percent to $37.30 Friday on volume of 11.55million shares. The intra-day range of the stock was $37.05 to $37.58. Safeway Inc. (NYSE:SWY) has a market capitalization of $8.59billion.
Kinross Gold Corporation (USA) (NYSE:KGC) is seeing a change in ratings from a number of analysts since last one month. The most recent change in the rating is done by analysts at Goldman Sachs. They ungraded the stock from a “sell” rating to a “neutral” rating. Kinross Gold Corporation (USA) (NYSE:KGC)’s stock on Mar 28, 2014 reported a increase of 3.69% to the closing price of $4.21. Its fifty two weeks range is $4.01-$7.95. The total market capitalization recorded $4.82billion. The overall volume in the last trading session was 21.07million shares. In its share capital, KGC has 1.14billion outstanding shares.
J.C. Penney Company, Inc. (NYSE:JCP) is fighting the legal battle with Macy since 2011 due to infringement of contract with Martha Stewart for branded cookware, bedding and bath products. The Company expects the outcome of the trial does not have any significant impact over its quarterly results. On Friday, shares of J.C. Penney Company, Inc. (NYSE:JCP) dropped -1.56% to close the day at $8.83. Company return on investment (ROI) is -11.90% and its monthly performance is recorded as 18.21%. J.C. Penney Company, Inc. (NYSE:JCP) quarterly revenue growth is -1.56%.