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Top Traded Service Sector Stocks (JCP, CBS, Time Warner Inc., WAG)

Posted by admin 959 days ago (http://emailwire.com)
(EMAILWIRE.COM, October 06, 2010 ) Dallas, Tx - J.C. Penney Company, Inc. (NYSE:JCP) added 5.26% to $29.02 on over 22.02 million shares. Earlier this week, the stock was downgraded to Neutral from Buy by Goldman Sachs. Over the past five trading sessions, the stock went up more than 13% and is up more than 7% year-to-date.

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In the past one month of trading sessions, the stock went up more than 34%.


CBS Corporation (NYSE:CBS) went up 1.65% to $16.66 on over 22.71 million shares. The company announced the pricing of a debt offering of $300 million of 4.30% senior notes due 2021 and $300 million of 5.90% senior notes due 2040.

The stock created its fresh 52-week high of $17.42 on over 22.71 million sharesover 2X its average daily volume.

Time Warner Inc. (NYSE:TWX) gained 1.46% to $30.60 on over 11.56 million shares. Richard Siklos, a journalist who has covered the media industry for more than a decade, has been named vice president, corporate affairs at Time Warner Inc.

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Over the past six months of trading sessions, the stock went down more than 4% and is up more than 4% year-to-date.

Walgreen Company (NYSE:WAG) closed 2.63% higher to $33.98 on over 10.94 million shares. The company had September sales of $5.64 billion, an increase of 5.3 percent from $5.36 billion for the same month in fiscal 2010. Duane Reade stores, acquired in April 2010, contributed 2.8 percentage points to the total sales increase for the month.

Also, the stock was upgraded to Buy from Hold by Jefferies.

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