Business & Tech
The SJC 25 Stock Report, March 11, 2012
Rite Aid continues to shine as our little index far outperforms the mainstream indices.
Editor's note – In this feature, we check on the health of the Fortune 500 companies that have a presence in San Juan Capistrano.
It was a blah week on the market ... blah unless you held our companies.
The Dow Jones was down .43 percent, while the S&P was up .09. Not exactly stellar.
Find out what's happening in San Juan Capistranofor free with the latest updates from Patch.
We were up 5.01. Not to brag or anything.
McDonald's was a big loser on the week, dropping to a five-month low. That's because February sales were way down, mostly because of Europe, according to Galaxy Stocks.
Find out what's happening in San Juan Capistranofor free with the latest updates from Patch.
Radio Shack also continues to struggle. Standards & Poors downgraded its creditworthiness score from B+ to BB-, according to Zacks.
Meanwhile, Radio Shack had a second great week, gaining more than 10 percent.
Some Business Briefs for You:
Nationwide, Residence Inn by Marriott will be starting a new advertising campaign to educate potential guests about why its brand is best for long-term stays, according to the Bradenton Herald. The slogan will be, "It's not a room, it's a Residence." Word is from , the average stay is 19 days.
Because the supermarket industry as a whole doesn't look good in the next year, Safeway (AKA Vons around here), says it will focus on property development and gift card sales, according to the Wall Street Journal. So the question becomes, paper or plastic or a birthday card?
After going without a bonus since 2008, Citigroup's CEO, Vikram Pandit, finally got one in 2011, $14.9 million, according to Bloomberg News. The bonus marks a return to profitability for the company. Pandit took over in December 2007.
As we told you Jan. 22, YUM Brands' Taco Bell's been experimenting with a Chipotle-like menu. Now we hear it may go nationwide by the end of the year. You read it here first!
CompanyTicker
Close Friday% Change
on the Week
Bank of America BAC 8.05-0.98
Big Lots BIG 45.43 +6.37 Chevron CVX 109.57 -0.04 Citigroup C 34.20 +0.29 ConocoPhillips COP 77.16 -0.63 Costco COST 89.34 +3.61 Dollar Tree DLTR 93.12 +2.76 FedEx FDX 91.79 +1.11 JP Morgan Chase JPM 41.03 +0.98 The Kroger Co. (Ralphs) KR 24.32 +1.00 Marriott MAR 37.54 +5.01 McDonald's MCD 96.84 -2.67 PetSmart PETM 58.40 +5.26 Quest Diagnostics DGX 58.88 +1.53 RadioShack RSH 7.00 +0.72 Rite Aid RAD 1.84 +10.18 Ross Stores ROST 55.98 +3.86 Safeway (Vons) SWY 21.76 +0.42 Sempra Energy (SDG&E) SRE 59.17 +0.48 Staples SPLS 15.40 +0.29 Starbucks SBUX 51.84 +6.03 The TJX Cos. (Marshalls) TJX 38.12 +2.80 United Parcel Service UPS 77.16 +0.81 Wells Fargo WFC 31.66 +1.21 Yum! Brands (KFC, Taco Bell) YUM 67.41 +1.77– Financial data provided by Google Finance
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