Finance

Services Sector Active Stocks: Rite Aid Corporation (NYSE:RAD), Delta Air Lines (NYSE:DAL), Office Depot (NYSE:ODP), Walgreen (NYSE:WAG)

Rite Aid Corporation (NYSE:RAD) announced that Dedra N. Castle, a highly experienced human resources executive, is joining Rite Aid as Executive Vice President and Chief Human Resources Officer. Rite Aid Corporation (NYSE:RAD) stock performance was 2.30% in last session and finished the day at $6.67. Traded volume was 14.09million shares in the last session and the average volume of the stock remained 21.77million shares. The beta of the stock remained 2.64. Rite Aid Corporation (NYSE:RAD) insider ownership is 0.80%.

Two Atlanta CEOs can count themselves among the “World’s Best CEOs,” according to Barron’s. Delta Air Lines Inc. (NYSE:DAL)’s Richard Anderson and Intercontinental Exchange Inc.’s Jeffrey Sprecher made the elite list, which can be found here for subscribers. Both are first-timers on the list and the only Atlantans. Delta Air Lines Inc. (NYSE:DAL) rose 3.33 percent to $34.43 Tuesday on volume of 11.54million shares. The intra-day range of the stock was $33.46 to $34.51. Delta Air Lines Inc. (NYSE:DAL) has a market capitalization of $29.24billion.

Office Depot Inc (NYSE:ODP) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports. Office Depot Inc (NYSE:ODP)’s stock on Mar 25, 2014 reported a decrease of -0.95% to the closing price of $4.15. Its fifty two weeks range is $3.55 -$5.85. The total market capitalization recorded $2.21billion. The overall volume in the last trading session was 12.01million shares. In its share capital, ODP has 426.28million outstanding shares.

Walgreen Company (NYSE:WAG) plans to close 76 stores by August in a move the company hopes will save as much as $50 milllion. It’s not yet clear where those stores are, but Walgreen said they are “spread across the country”. On Tuesday, shares of Walgreen Company (NYSE:WAG) advanced 3.28% to close the day at $66.42. Company return on investment (ROI) is 10.20% and its monthly performance is recorded as -0.15%. Walgreen Company (NYSE:WAG) quarterly revenue growth is 13.04%.