On Friday, Shares of Vale SA (ADR)(NYSE:VALE), added 1.09% and closed at $5.57 in the last trading session. The last trading range of the stock ranges between $5.47 and $5.69. The company’s Market capitalization is $28.29 Billion with the total Outstanding Shares of 3.19 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $2.13 and reached to max level of $6.26. Vale S.A., together with its auxiliaries, engages in the research, production, and sale of iron ore and pellets, nickel, fertilizer, copper, coal, manganese, ferroalloys, cobalt, platinum group metals, and precious metals in Brazil and internationally. Its Bulk Material segment produces and extracts iron ore and pellet. This segment is also involved in the production and extraction of manganese, ferroalloys, and others ferrous products and services; and extraction of coal, in addition to in the provision of railroad, port, and terminal logistics services. The companys Base Metals segment produces and extracts non-ferrous minerals, counting nickel and copper. Its Fertilizers segment provides a group of nutrients, such as potash, phosphates, and nitrogen. The company also invests in energy generation through operating hydroelectric plants and centers, in addition to produces steel.
Gap Inc(NYSE:GPS), jumped 15.23% and closed at $26.25 in the last trading session. The last trading range of the stock ranges between $24.25 and $26.67. The company’s Market capitalization is $12.19 Billion with the total Outstanding Shares of 398.48 million. During the 52-week trading session the minimum price at which share price traded, registered at $17.00 and reached to max level of $30.49. Gap Inc. (GPS) recently stated that net sales for the five-week period ended October 1, 2016 reduced 2 percent to $1.43 billion contrast with net sales of $1.46 billion for the five-week period ended October 3, 2015.
“While we remain focused on performance across the portfolio, we are happy to see a strong customer response to Old Navy’s product assortment, which continues to drive positive momentum at our leading brand,” said Sabrina Simmons, chief financial officer, Gap Inc.
September Sales Results
Gap Inc.’s comparable sales for September 2016 were down 3 percent as compared to a 1 percent decrease last year. The company estimated that the fire which occurred in a building on its Fishkill, New York distribution center campus negatively influenced Gap Inc.’s September 2016 comparable sales by about 3 percentage points.
The company noted that September merchandise margin rates actualized significantly higher than formerly forecasted, which more than offset the estimated earnings impact from lost sales and raised logistics costs during the month that resulted from the Fishkill distribution center fire.
On the other hand share Rite Aid Corporation(NYSE:RAD), gained 0.54% and closed at $7.41 in the last trading session. The last trading range of the stock ranges between $7.15 and $7.64. The company’s Market capitalization is $7.62 Billion with the total Outstanding Shares of 1.05 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $5.98 and reached to max level of $8.74. To celebrate American Pharmacist Month, Rite Aid is asking customers nationwide to recognize their favorite pharmacy team member through its thirteenth annual Vote for Your Favorite Pharmacy Team Member Contest. By submitting a nomination for their favorite Rite Aid pharmacy team member, customers have a chance to win $2,500 in Rite Aid gift cards. The contest was designed to recognize Rite Aid pharmacy associates counting pharmacists, pharmacy technicians, pharmacy managers, pharmacy cashiers and Wellness Ambassadors, for their commitment to providing excellent customer service.
“American Pharmacist Month is a great time to acknowledge the dedication of our pharmacy teams as they continue to assist our customers and their families lead healthy lives every day,” said Tammy Royer, Rite Aid senior vice president of pharmacy operations. “Our pharmacists, pharmacy technicians, wellness ambassadors and pharmacy cashiers are committed and dedicated to making a difference year-round in the lives of those in the communities we serve by providing unique services such as medication consultations or assisting patients find solutions to improve medication adherence.”