News Buzz: Citigroup Inc. (NYSE:C), Axion Power International Inc. (NASDAQ:AXPW), The E. W. Scripps Company (NYSE:SSP), Nordstrom Inc. (NYSE:JWN), TrueCar, Inc. (NASDAQ:TRUE)

Citigroup Inc. (NYSE:C) belongs to Financial sector. Its net profit margin is 12.30% and weekly performance is 2.59%. On last trading day company shares ended up $55.91. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is 1.36%. The Preferred Stock Committee of the Board of Directors of Citigroup Inc. (NYSE:C) declared dividends on Citigroup’s preferred stock. 8.125% Non-Cumulative Preferred Stock, Series AA, payable August 17, 2015, to holders of record on August 5, 2015. Holders of depositary receipts, each representing one-thousandth of a full preferred share, will be paid $0.5078125 for each receipt held.

Axion Power International Inc. (NASDAQ:AXPW) shares advanced 2819.87% in last trading session and ended the day at $2.66. AXPW Gross Margin is -88.50% and its return on assets is -170.10%. Axion Power International Inc. (NASDAQ:AXPW) quarterly performance is 5005.57%. Axion Power International, Inc. (NASDAQ;AXPW) has amended its Articles of Incorporation, effective July 14, 2015, to effect a 35-for-1 reverse split of its issued and outstanding common stock. On June 17, 2015, the Company’s shareholders had approved a reverse split of not less than 20-for-1 nor more than 50-for-1 of its issued and outstanding common stock, which was subsequently fixed by its board of directors at 35:1 on June 24, 2015. The Company has filed a Company Event Notification Form with Nasdaq for the reverse split to be effective on July 14, 2015, which date shall be the record date.

On 14 July, The E. W. Scripps Company (NYSE:SSP) shares advanced 1.39% and was closed at $21.85. SSP EPS growth in last 5 year was 15.40%. The E. W. Scripps Company (NYSE:SSP) year to date (YTD) performance is 14.87%. Jefferies Group started coverage on shares of E. W. Scripps (NYSE:SSP) in a research report released on Monday morning, reports. The firm issued a hold rating on the stock.

Nordstrom Inc. (NYSE:JWN) ended the last trading day at $78.01. Company weekly volatility is calculated as 1.32% and price to cash ratio as 19.33. Nordstrom Inc. (NYSE:JWN) showed a weekly performance of 0.06%. On 10 July, Nordstrom, Inc. (NYSE: JWN) announced plans to open Nordstrom Rack at Woodmore Towne Center in Glenarden, Md. The approximately 30,000-square-foot store is scheduled to open in spring 2017. The property is owned by Petrie Richardson Ventures, in a joint venture with Prudential Real Estate Investors.

TrueCar, Inc. (NASDAQ:TRUE) shares fell -0.23% in last trading session and ended the day at $10.98. TRUE Gross Margin is 91.10% and its return on assets is -17.80%. TrueCar, Inc. (NASDAQ:TRUE) quarterly performance is -31.30%. On 8 July, TrueCar, Inc. (NASDAQ:TRUE), celebrates the kickoff of the Twilight Concert Series with the launch of TrueCar L.E.D. (Light Emotion Data), a crowd-powered intelligent sensory experience that captures real-time emotive information and creatively displays data with a dazzling, interactive LED light show to transform the traditional concert experience.

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