Stocks Buzz: Groupon, Inc. (GRPN), Frontier Communications Corporation (FTR), J. C. Penney Company, Inc. (JCP)

Groupon, Inc. (GRPN) managed to rebound with the stock climbing 2% or $0.07 to close the day at $3.57 on active trading volume of 17.95M shares, compared to its three month average trading volume of 14.04M. The Chicago Illinois 60654 based company has been outperforming the internet information providers group over the past 52 weeks, with the stock gaining 40%, compared to the industry which has advanced 18.31% over the same period. With RSI of 45.96, the stock should still continue to rise and get closer to its one year target estimate of $5.13, making it a hold for now.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount in North America, Europe, the Middle East, Africa, and internationally. It also provides deals on products for which it acts as the merchant of record. The company offers deals in various categories, including food and drink, events and activities, beauty and spa, health and fitness, home and garden, and automotive; and deals on various product lines, such as electronics, sporting goods, jewelry, toys, household items, and apparel, as well as provides discounted and market rates for hotel, airfare, and package deals. It offers its deal offerings to customers through Websites; search engines; and mobile applications and mobile browsers, which enable consumers to browse, purchase, manage, and redeem deals on their mobile devices, as well as sends emails to its subscribers with deal offerings that are targeted by location and personal preferences. The company was formerly known as ThePoint.com, Inc. and changed its name to Groupon, Inc. in October 2008. The company was founded in 2008 and is headquartered in Chicago, Illinois. Groupon, Inc. is a subsidiary of The Point, LLC.

Frontier Communications Corporation (FTR) retreated with the stock falling -2.22% or $-0.08 to close at $3.53 on light trading volume of 17.9M compared its three months average trading volume of 22.11M. The Norwalk Connecticut 06851 based company operating under the Telecom Services – Domestic industry has been trending down for the last 52 weeks, with the shares price now -7.1% down for the period and up by 4.44% so far this year. With price target of $4.87 and a 17.4% rebound from 52-week low, Frontier Communications Corporation has plenty of upside potential, making it a hold with a view buy.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

  1. C. Penney Company, Inc. (JCP) failed to extend gains with the stock declining -1.56% or $-0.11 to close the day at $6.94 on lower than average trading volume of 17.3M shares, compared to its three month average trading volume of 18.55M. The Plano Texas 75024 based company has been underperforming the department stores companies by -22.2302% for last three months and its recent losses have pulled the stock down -16.49% YTD, versus the department stores industry which is down -4.58% for the same period. The RSI of 24.32 indicates the stock is oversold at the current levels, buy for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

 

Trader Alert: Regions Financial Corporation (RF), HP Inc. (HPQ), Frontier Communications Corporation (FTR)

Regions Financial Corporation (RF) retreated with the stock falling -0.27% or $-0.04 to close at $14.52 on light trading volume of 15.38M compared its three months average trading volume of 22.45M. The Birmingham Alabama 35203 based company operating under the Regional – Southeast Banks industry has been trending up for the last 52 weeks, with the shares price now 70.39% up for the period and up by 1.11% so far this year. With price target of $14.48 and a 112.74% rebound from 52-week low, Regions Financial Corporation has plenty of upside potential, making it a hold with a view buy.

Regions Financial Corporation, together with its subsidiaries, provides banking and bank-related services to individual and corporate customers in the United States. Its Corporate Bank segment offers commercial banking services, such as commercial and industrial, commercial real estate, and investor real estate lending, as well as equipment lease financing services. This segment serves corporate, middle market, small business, and commercial real estate developers and investors. The company’s Consumer Bank segment provides consumer banking products and services related to residential first mortgages, home equity lines and loans, small business loans, indirect loans, consumer credit cards, and other consumer loans, as well as the corresponding deposit relationships. Its Wealth Management segment offers wealth management products and services, including credit related products, trust and investment management, asset management, retirement and savings solutions, estate planning, and personal and commercial insurance products to individuals, businesses, governmental institutions, and non-profit entities. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, as well as commercial crop, life, and environmental insurance; and commercial equipment financing products, as well as offers securities, insurance, and advisory services through financial consultants. In addition, it offers securities brokerage, merger and acquisition advisory, trust, and other specialty financing services. As of December 31, 2015, the company operated 1,627 banking offices and 1,962 ATMs in Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Regions Financial Corporation was founded in 1971 and is headquartered in Birmingham, Alabama.

HP Inc. (HPQ) gained $0.25 to close the day at a new closing price of $14.94, a 1.7% increase in value from its previous closing price that moved the stock 74.12% above its 52 week low of $8.91. A total of 15.01M shares exchanged hands during the day compared with its three month average trading volume of 12.33M. The stock, which fluctuated between $14.62 and $14.97 during the day, currently situated -7.28% below its 52 week high. The stock is down by -4.52% in the past one month and down by -2.42% over the past three months. With a one year target estimate of $16.1 and RSI of 45.57, the stock still has upside potential, making it a hold for now.

HP Inc. provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses, as well as to the government, health, and education sectors worldwide. It operates through Personal Systems and Printing segments. The Personal Systems segment offers commercial personal computers (PCs), consumer PCs, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, media, solutions, and services, as well as scanning devices; and laserjet and enterprise, inkjet and printing, graphics, and 3D printing solutions. The company was formerly known as Hewlett-Packard Company and changed its name to HP Inc. in October 2015. HP Inc. was founded in 1939 and is headquartered in Palo Alto, California.

Frontier Communications Corporation (FTR) shares were down in last trading by -0.55% to $3.61. It experienced lighter than average volume on day. The stock decreased in value by almost -1.63% over the past week and grew 1.42% in the past month. It is currently trading 5.22% above its 50 day moving average and -16.38% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -32.38% decrease in value from its one year high of $5.85. The RSI indicator value of 58.3, lead us to believe that it is a hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

Stocks Buzz: Pfizer Inc. (PFE), Microsoft Corporation (MSFT), Frontier Communications Corporation (FTR)

Pfizer Inc. (PFE) continued its downward trend with the stock declining -0.09% or $-0.03 to close the day at $33.44 on light trading volume of 19.37M shares, compared to its three month average trading volume of 26.17M. The New York New York 10017 based company has been outperforming the drug manufacturers – major group over the past 52 weeks, with the stock gaining 11.7%, compared to the industry which has advanced 8.91% over the same period. With RSI of 63.69, the stock should still continue to rise and get closer to its one year target estimate of $37.65, making it a hold for now.

Pfizer Inc. discovers, develops, manufactures, and sells healthcare products worldwide. It operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments. The GIP segment develops and commercializes medicines for various therapeutic areas, including inflammation/immunology, cardiovascular/metabolic, neuroscience/pain, and rare diseases. The VOC segment develops and commercializes vaccines, as well as products for oncology and consumer healthcare. It provides over-the-counter products comprising dietary supplements under the Centrum, Caltrate, and Emergen-C brands; pain management products under the Advil and ThermaCare brands; gastrointestinal products under the Nexium 24HR/Nexium Control and Preparation H brands; and respiratory and personal care products under the brand names of Robitussin, Advil Cold & Sinus, Advil Sinus Congestion Relief & Pain, Dimetapp, and ChapStick. The GEP segment offers products that have lost marketing exclusivity in various markets; and branded generics, generic sterile injectable products, biosimilars, infusion systems, and other products. The company serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as centers for disease control and prevention. It has licensing agreements with Cellectis SA and AstraZeneca PLC; collaborative agreements with Eli Lilly & Company, OPKO Health, Inc., BioRap Technologies LTD., Merck KGaA, and Transgene S.A.; and a research and development agreement with the National Cancer Institute. The company has a partnership with The University of Pittsburgh; and a strategic collaboration agreement with IGNITE Immunotherapy Inc. It also has a collaboration with AbCellera Biologics Inc. to discover therapeutic antibodies against undisclosed membrane protein targets. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.

Microsoft Corporation (MSFT) retreated with the stock falling -0.03% or $-0.02 to close at $62.62 on light trading volume of 18.59M compared its three months average trading volume of 27.66M. The Redmond Washington 98052 based company operating under the Business Software & Services industry has been trending up for the last 52 weeks, with the shares price now 23.02% up for the period and up by 0.77% so far this year. With price target of $65.5 and a 33.51% rebound from 52-week low, Microsoft Corporation has plenty of upside potential, making it a hold with a view buy.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

Frontier Communications Corporation (FTR) continued its downward trend with the stock declining -1.36% or $-0.05 to close the day at $3.63 on lower than average trading volume of 18.37M shares, compared to its three month average trading volume of 22.14M. The Norwalk Connecticut 06851 based company has been outperforming the telecom services – domestic companies by -9.8618% for last three months and its recent losses have trimmed gains to 7.4% YTD, versus the telecom services – domestic industry which is down -1.02% for the same period. The RSI of 59.05 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

3 Trending Stocks: Sirius XM Holdings Inc. (SIRI), Apple Inc. (AAPL), Frontier Communications Corporation (FTR)

Sirius XM Holdings Inc. (SIRI) managed to rebound with the stock climbing 0.88% or $0.04 to close the day at $4.6 on light trading volume of 33.67M shares, compared to its three month average trading volume of 38.37M. The New York New York 10020 based company has been outperforming the broadcasting – radio group over the past 52 weeks, with the stock gaining 21.03%, compared to the industry which has advanced 21.3% over the same period. With RSI of 59.51, the stock should still continue to rise and get closer to its one year target estimate of $4.96, making it a hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.

Apple Inc. (AAPL) climbed 0.92% during last trading as the stock added $1.08 to finish the day at $118.99 with about 33.41M shares changing hands, compared to its three month average trading volume of 31.91M. The $638.61B market cap company, currently situated 34.4% above its 52 week low of $89.47 and 0.7% away from its one year high of $118.69. The RSI of 70.07 indicates the stock is overbought at the current levels, sell for now.

Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers’ TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

Frontier Communications Corporation (FTR) saw its value decrease by -1.87% as the stock dropped $-0.07 to finish the day at a closing price of $3.68. The stock was higher in trading and has fluctuated between $3.1-$5.85 per share for the past year. The shares are down by -10.3% in the past three months and down by -21.1% over the past six months. It is currently trading 5.47% above its 20 day moving average and 6.82% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $4.87 a share over the next twelve months. The current relative strength index (RSI) reading is 62.03. The technical indicator lead us to believe there will be no major movement any time soon, hold.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

3 Stocks in Focus: Frontier Communications Corporation (FTR), New York REIT, Inc. (NYRT), Ford Motor Company (F)

Frontier Communications Corporation (FTR) climbed 0.54% during last trading as the stock added $0.02 to finish the day at $3.75 with about 57.22M shares changing hands, compared to its three month average trading volume of 22.34M. The $4.37B market cap company, which fluctuated between $3.65 and $3.82 during the day, currently situated 24.72% above its 52 week low of $3.1 and -29.76% away from its one year high of $5.85. The RSI of 67.04 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

New York REIT, Inc. (NYRT) gained $0.15 to close the day at a new closing price of $9.77, a 1.56% increase in value from its previous closing price that moved the stock 13.41% above its 52 week low of $8.79. A total of 53.24M shares exchanged hands during the day compared with its three month average trading volume of 1.6M. The stock, which fluctuated between $9.64 and $9.95 during the day, currently situated -12.74% below its 52 week high. The stock is up by 0.62% in the past one month and up by 7.6% over the past three months. With a one year target estimate of $11.13 and RSI of 48.4, the stock still has upside potential, making it a hold for now.

New York REIT, Inc. focuses on acquiring commercial real estate, as well as acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. It intends to qualify as a real estate investment trust for the U.S. federal income tax purposes. The company was formerly known as American Realty Capital New York Recovery REIT, Inc. New York REIT, Inc. was founded in October 2009 and is based in New York, New York.

Ford Motor Company (F) had a active trading with around 40.29M shares changing hands compared to its three month average trading volume of 34.79M. The stock traded between $12.64 and $12.84 before closing at the price of $12.76 with -0.08% change on the day. The Dearborn Michigan 48126 based company is currently trading 19.82% above its 52 week low of $11.02 and -8.15% below its 52 week high of $14.22. Both the RSI indicator and target price of 56.29 and $12.74 respectively, lead us to believe that it should be put on hold over the coming weeks.

Ford Motor Company, together with its subsidiaries, designs, manufactures, markets, finances, and services automobiles. The company operates through two sectors, Automotive and Financial Services. The Automotive sector develops, manufactures, distributes, and services passenger cars, trucks, SUVs, light commercial vehicles, trucks, vans, and electrified vehicles, as well as offers parts and accessories. It offers vehicles primarily under the Ford and Lincoln brand names. This sector markets and sells its products through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments. The Financial Services sector offers various automotive financing products to and through automotive dealers. It provides financing products, including retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, government entities, daily rental car companies, leasing companies, and fleet customers. This sector also offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and improvement of dealership facilities, purchase dealership real estate, and other dealer vehicle programs. It serves clients in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. Ford Motor Company was founded in 1903 and is based in Dearborn, Michigan.

 

3 Stocks in Focus: Chesapeake Energy Corporation (CHK), J. C. Penney Company, Inc. (JCP), Frontier Communications Corporation (FTR)

Chesapeake Energy Corporation (CHK) climbed 2.57% during last trading as the stock added $0.18 to finish the day at $7.18 with about 54.18M shares changing hands, compared to its three month average trading volume of 53.69M. The $6.5B market cap company, which fluctuated between $6.89 and $7.19 during the day, currently situated 378.67% above its 52 week low of $1.5 and -12.44% away from its one year high of $8.2. The RSI of 55.41 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Chesapeake Energy Corporation engages in the acquisition, exploration, and development of properties for the production of oil, natural gas, and natural gas liquids (NGL) from underground reservoirs in the United States. It operates in two segments, Exploration and Production; and Marketing, Gathering, and Compression. The company holds interests in natural gas resource plays, including the Haynesville/Bossier Shales in northwestern Louisiana and East Texas; the Marcellus Shale in the northern Appalachian Basin in Pennsylvania; and the Barnett Shale in the Fort Worth Basin of north-central Texas. It also holds interests in liquids-rich resource plays, such as the Eagle Ford Shale in South Texas; the Utica Shale in Ohio and Pennsylvania; the Anadarko Basin in northwestern Oklahoma and the Texas Panhandle; and the Niobrara Shale in the Powder River Basin in Wyoming. The company owns interests in approximately 32,400 oil and natural gas wells. As of December 31, 2015, it had estimated proved reserves of 1.504 billion barrels of oil equivalent. The company also provides oil, natural gas, and NGL marketing services comprising commodity price structuring, securing and negotiating gathering, hauling, processing and transportation, contract administration, and nomination services for Chesapeake-operated wells; and marketing services for third-party producers, as well as designs, engineers, fabricates, installs, and sells natural gas compression units, accessories, and equipment used in the production, treatment, and processing of oil and natural gas. Chesapeake Energy Corporation was founded in 1989 and is headquartered in Oklahoma City, Oklahoma.

  1. C. Penney Company, Inc. (JCP) dropped $-0.61 to close the day at a new closing price of $7.86, a -7.2% decrease in value from its previous closing price that moved the stock 31% above its 52 week low of $6. A total of 43.51M shares exchanged hands during the day compared with its three month average trading volume of 16.48M. The stock, which fluctuated between $7.78 and $8.15 during the day, currently situated -34.45% below its 52 week high. The stock is down by -20.28% in the past one month and down by -12.76% over the past three months. With a one year target estimate of $11.29 and RSI of 33.89, the stock still has upside potential, making it a hold for now.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

Frontier Communications Corporation (FTR) had a active trading with around 40.95M shares changing hands compared to its three month average trading volume of 22.23M. The stock traded between $3.66 and $3.76 before closing at the price of $3.73 with 1.63% change on the day. The Norwalk Connecticut 06851 based company is currently trading 24.05% above its 52 week low of $3.1 and -30.13% below its 52 week high of $5.85. Both the RSI indicator and target price of 66.61 and $4.87 respectively, lead us to believe that it should be put on hold over the coming weeks.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

3 Trending Stocks: Sirius XM Holdings Inc. (SIRI), Frontier Communications Corporation (FTR), J. C. Penney Company, Inc. (JCP)

Sirius XM Holdings Inc. (SIRI) managed to rebound with the stock climbing 2.03% or $0.09 to close the day at $4.53 on light trading volume of 26.82M shares, compared to its three month average trading volume of 38.67M. The New York New York 10020 based company has been outperforming the broadcasting – radio group over the past 52 weeks, with the stock gaining 16.14%, compared to the industry which has advanced 17.07% over the same period. With RSI of 57.97, the stock should still continue to rise and get closer to its one year target estimate of $4.89, making it a hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.

Frontier Communications Corporation (FTR) climbed 2.51% during last trading as the stock added $0.09 to finish the day at $3.67 with about 24.65M shares changing hands, compared to its three month average trading volume of 22.28M. The $4.28B market cap company, which fluctuated between $3.58 and $3.67 during the day, currently situated 22.06% above its 52 week low of $3.1 and -31.26% away from its one year high of $5.85. The RSI of 64.22 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

  1. C. Penney Company, Inc. (JCP) saw its value increase by 1.68% as the stock gained $0.14 to finish the day at a closing price of $8.47. The stock was higher in trading and has fluctuated between $6-$11.99 per share for the past year. The shares, which traded within a range of $8.38 to $8.8 during the day, are down by -5.78% in the past three months and down by -0.82% over the past six months. It is currently trading -7.96% below its 20 day moving average and -6.42% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $11.29 a share over the next twelve months. The current relative strength index (RSI) reading is 41.87. The technical indicator lead us to believe there will be no major movement any time soon, hold.
  2. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings, as well as provides various services, including styling salon, optical, portrait photography, and custom decorating. As of January 30, 2016, it operated approximately 1,021 department stores in 49 states and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

 

3 Stocks to Watch For: American Capital, Ltd. (ACAS), NVIDIA Corporation (NVDA), Frontier Communications Corporation (FTR)

American Capital, Ltd. (ACAS) saw its value increase by 0.39% as the stock gained $0.07 to finish the day at a closing price of $17.99. The stock was higher in trading and has fluctuated between $12.14-$18.05 per share for the past year. The shares, which traded within a range of $17.84 to $18.05 during the day, are up by 5.89% in the past three months and up by 12.93% over the past six months. It is currently trading 2.43% above its 20 day moving average and 4.09% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $17.5 a share over the next twelve months. The current relative strength index (RSI) reading is 71.25.The technical indicator do not lead us to believe the stock will see more gains any time soon.

American Capital, Ltd. is a business development company specializing in management and employee buyouts, subordinated debt, leveraged finance, mezzanine, acquisition, recapitalization, middle market, early venture, mature, industry consolidation, and growth capital investments. The firm seeks to invest in senior debt mezzanine, unitranche, and equity financing for buyouts of private equity firms and direct in private and public companies. It also invests in special situations and in government. In special situations, the firm invests in troubled situations and in distressed situations. The firm also considers smaller investments as add-on acquisitions for existing portfolio companies. In this area, it invests in acquisitions of true turnarounds, 363 auctions, portfolio add-on acquisitions, operationally challenged companies; financings in exit, ABL loans, second lien refinance, and direct lending to distressed companies. The firm invests in manufacturing, services, and distribution companies with a special focus on energy sector. The firm also invests in infrastructure and structured products. The firm also invests in business services, consumer products and services, industrial, healthcare and food companies. The firm prefers to invest in Information Technology focusing on Custom information technology solutions, Technology and software enabling headcount reduction, and Technology and software enabling cost reductions in conducting transactions with or within government. The firm also invests in digital media and entertainment, internet and consumer related, communications, mobile and wireless, security and data center infrastructure, software and services, semiconductor, and other innovative technologies. The firm also invests in a variety of industry sectors, including life science services, medical device, medical tools and equipment, and healthcare services, among others. In energy production sector, the firm invests in lower risk oil and gas exploration, production and development; natural gas liquids; coal mining and coal-fired generation; uranium mining and nuclear-fired generation; wind-powered generation; and solar-powered generation. In energy transmission sector, the firm invests in oil and gas pipelines; LNG tankers and regasification facilities; and power transmission. In energy distribution sector, it targets propane distribution; gas distribution; electricity distribution. In energy services sector, the firm invests in oil and gas services and utility services. The firm also targets investments in companies that provide services or products to federal, state or local governments. It seeks to invest in human resources/benefit administration, outsourcing, transaction processing, engineering and construction, logistics, original equipment manufacturers – homeland security and component, aftermarket parts and supplies, and technology. It also invests in real estate and insurance. It invests as lead or participative investor and also makes equity co-investments. The firm seeks to invest globally focusing on Middle East, North Africa, South Asia, Mid-Atlantic, New England, North East Unites States, Canada, Central America & Mexico, and Caribbean. The firm and its affiliates invest between $10 million to $750 million per company in North America and €10 ($13.34 million) to €400 million ($533.99 million) per company in Europe. The firm’s investment range is between $5 million and $25 million and higher depending on the opportunity. The firm targets new investments with at least $10 million in EBITDA and enterprise values of typical transaction from $20 million and $500 million. The firm invests senior debt, subordinated debt and equity allows us to provide one-stop financing up to $500 million. The firm also has the resources to deploy over $100 million into high growth later stage companies. In special situations group, the firm invests between $20 million and $750 million per transaction in a variety of investments, including: buyouts operational turnarounds, corporate orphans and carve-outs, complex management buyouts, financings dip financings, exit financings, and mezzanine financings for sponsored buyouts. In buyouts, the firm invests in companies having Enterprise Value of up to $1600 million. In federal, state and local government, the firm invests between $10 million and $500 million in a single transaction. The firm prefers to be a majority or minority investor and makes direct minority investments of subordinated debt, senior debt and equity in middle market private and public companies. The firm prefers to take minority ownership position of up to 49%. American Capital, Ltd., formerly known as American Capital Strategies, Ltd., was founded in 1986 and is based in Bethesda, Maryland with additional offices in United States, Europe, Africa, and Asia.

NVIDIA Corporation (NVDA) shares were down in last trading by -4.43% to $102.01. It experienced higher than average volume on day. The stock decreased in value by almost -7.08% over the past week and grew 16.4% in the past month. It is currently trading 16.05% above its 50 day moving average and 70.42% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -14.94% decrease in value from its one year high of $119.93. The RSI indicator value of 54.92, lead us to believe that it is a hold for now.

NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, GPU and Tegra Processor. The GPU segment offers processors, which include GeForce for PC gaming; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud-based streaming on gaming devices. The Tegra Processor segment provides processors that integrate a computer onto a single chip under the Tegra brand name; DRIVE automotive computers, which offer supercomputing capabilities; and tablet and portable devices for mobile gaming under the SHIELD name. The company’s products are used in gaming, professional visualization, datacenter, and automotive markets. It sells its products primarily to original equipment manufacturers, original design manufacturers, system builders, motherboard manufacturers, add-in board manufacturers, and retailers/distributors. NVIDIA Corporation was founded in 1993 and is headquartered in Santa Clara, California.

Frontier Communications Corporation (FTR) traded within a range of $3.39 to $3.6 after opening the day at $3.4. The company has seen its stock increase in value by 5.92% so far this year. The stock was up close to 5.92% on active volume in last trading session and closed at $3.58 per share. After the recent gain, the stock is currently holding -32.94% below its 52 week high of $5.85 and 19.07% above its 12-month low of $3.1. The shares are down by over -10.84% in the last three months, and the RSI indicator value of 58.41 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

 

Three Movers to Watch for: Cisco (CSCO), Frontier Communications (FTR), Micron Technology (MU)

Frontier Communications Corporation (FTR) grew with the stock adding 0.6% or $0.02 to close at $3.38 on light trading volume of 20.4M compared its three months average trading volume of 22M. The Norwalk Connecticut 06851 based company operating under the Telecom Services – Domestic industry has been trending down for the last 52 weeks, with the shares price now -20.57% down for the period and down by -20.57% so far this year. With price target of $4.87 and a 12.41% rebound from 52-week low, Frontier Communications Corporation has plenty of upside potential, making it a hold with a view buy.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.

Micron Technology, Inc. (MU) dropped $-0.35 to close the day at a new closing price of $21.92, a -1.57% decrease in value from its previous closing price that moved the stock 135.45% above its 52 week low of $9.31. A total of 20.25M shares exchanged hands during the day compared with its three month average trading volume of 26.9M. The stock, which fluctuated between $21.75 and $22.4 during the day, currently situated -7.28% below its 52 week high. The stock is up by 12.24% in the past one month and up by 23.28% over the past three months. With a one year target estimate of $26.58 and RSI of 62.33, the stock still has upside potential, making it a hold for now.

Micron Technology, Inc. provides semiconductor systems worldwide. The company operates through four segments: Compute and Networking Business Unit, Storage Business Unit, Mobile Business Unit, and Embedded Business Unit. It offers DDR3 and DDR4 DRAM products for computers, servers, networking devices, communications equipment, consumer electronics, automotive, and industrial applications; mobile low-power DRAM products for smartphones, tablets, automotive, laptop computers, and other mobile consumer device applications; DDR2 and DDR DRAM, GDDR5 and GDDR5X DRAM, SDRAM, and RLDRAM products for networking devices, servers, consumer electronics, communications equipment, computer peripherals, automotive and industrial applications, and computer memory upgrades; and hybrid memory cube semiconductor memory devices for use in networking and computing applications. The company also provides NAND Flash products, which are electrically re-writeable, non-volatile semiconductor memory devices; client solid-state drives (SSDs) for notebooks, desktops, workstations, and other consumer applications; enterprise SSDs for server and storage applications; managed multi-chip package products; digital media products, including flash memory cards and JumpDrive products under the Lexar brand name. In addition, it manufactures products that are sold under other brand names; and resells flash memory products that are purchased from other NAND Flash suppliers. Further, the company provides 3D XPoint memory products; and NOR Flash, which are electrically re-writeable and semiconductor memory devices for automotive, industrial, connected home, and consumer applications. It markets its products to original equipment manufacturers and retailers through its internal sales force, independent sales representatives, and distributors; and through a Web-based customer direct sales channel, and channel and distribution partners. The company was founded in 1978 and is headquartered in Boise, Idaho.

Cisco Systems, Inc. (CSCO) shares were down in last trading by -0.79% to $30.22. It experienced lighter than average volume on day. The stock decreased in value by almost -0.79% over the past week and grew 1.34% in the past month. It is currently trading -0.53% below its 50 day moving average and 2.75% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.24% decrease in value from its one year high of $31.95. The RSI indicator value of 47.94, lead us to believe that it is a hold for now.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking and other products related to the communications and information technology industry worldwide. It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications. The company also offers service provider video infrastructure, including set-top boxes, cable/telecommunications access products, and cable modems; and video software and solutions. In addition, it provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, modular servers, fabric interconnects, software, and server access virtualization solutions; security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, and advisory, integration, and managed services; and other products, such as emerging technologies and other networking products. Further, the company offers wireless products consisting of wireless access points; network managed services; and standalone, switch-converged, and cloud managed solutions. Additionally, it provides technical support services and advanced services. The company serves businesses of various sizes, public institutions, governments, and communications service providers. Cisco Systems, Inc. sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

 

Three Movers to Watch for: Wells Fargo & Company (WFC), Citigroup Inc. (C), Frontier Communications Corporation (FTR)

Wells Fargo & Company (WFC) retreated with the stock falling -0.87% or $-0.48 to close at $54.84 on light trading volume of 15.88M compared its three months average trading volume of 29.07M. The San Francisco California 94104 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 3.12% up for the period and up by 4.13% so far this year. With price target of $55.8 and a 26.97% rebound from 52-week low, Wells Fargo & Company has plenty of upside potential, making it a hold with a view buy.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, as well as time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards. This segment also provides equipment leases, real estate and other commercial financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, and merchant payment processing and private label financing solutions, as well as purchases retail installment contracts. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, investment management, institutional fixed-income sales, interest rate, commodity and equity risk management, insurance, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; commercial real estate loan servicing; and real estate and mortgage brokerage services. The company’s Wealth, Brokerage and Retirement segment offers financial advisory, wealth management, brokerage, retirement, trust, and reinsurance services. As of February 25, 2015, it operated through approximately 8,700 locations and 12,500 ATMs & offices in 36 countries. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Citigroup Inc. (C) dropped $-0.66 to close the day at a new closing price of $59.38, a -1.1% decrease in value from its previous closing price that moved the stock 73.39% above its 52 week low of $34.52. A total of 15.85M shares exchanged hands during the day compared with its three month average trading volume of 21.44M. The stock, which fluctuated between $58.68 and $60.12 during the day, currently situated -3.13% below its 52 week high. The stock is up by 6.95% in the past one month and up by 30.08% over the past three months. With a one year target estimate of $62.12 and RSI of 58.23, the stock still has upside potential, making it a hold for now.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. It operates through two segments, Citicorp and Citi Holdings. The Citicorp segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services. This segment also provides various banking, credit card lending, and investment services through a network of local branches, offices, and electronic delivery systems. In addition, it offers wholesale banking products and services to corporate, institutional, public sector, and high-net-worth clients. Further, this segment provides fixed income and equity sales and trading, foreign exchange, prime brokerage, derivative services, equity and fixed income research, corporate lending, investment banking and advisory services, private banking, cash management, trade finance, and securities services. As of December 31, 2015, it operated 2,994 branches in 24 countries. The Citi Holdings segment provides consumer loans; portfolio of securities, loans, and other assets; and retail alternative investment and other services. Citigroup Inc. was founded in 1812 and is based in New York, New York.

Frontier Communications Corporation (FTR) shares were up in last trading by 0.3% to $3.36. It experienced lighter than average volume on day. The stock increased in value by almost 2.13% over the past week and fell -5.61% in the past month. It is currently trading -3.77% below its 50 day moving average and -23.1% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -37.06% decrease in value from its one year high of $5.85. The RSI indicator value of 42.55, lead us to believe that it is a hold for now.

Frontier Communications Corporation provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States. The company offers residential services, such as fiber-to-the-home and fiber-to-the-node broadband, as well as traditional copper-based broadband products; and commercial services, including Ethernet, dedicated Internet, multiprotocol label switching, time division multiplexing, data transport services, and optical transport services. It also provides Frontier Secure suite of products for computer security, cloud backup and sharing, identity protection, equipment insurance, and technical support; unified messaging services comprising call forwarding, conference calling, caller identification, voicemail, and call waiting services; long distance network services; and packages of communications services. In addition, the company offers switched access services that facilitate other carriers to use the company’s facilities to originate and terminate their local and long distance voice traffic; satellite TV video services; and a range of third-party communications equipment to small, medium, and enterprise business customers. As of December 31, 2015, it had approximately 3,124,200 residential customers; approximately 289,200 business customers; and 2,462,100 broadband subscribers. The company also operates a retail store in Southern California. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut.