Stocks in News: Rite Aid Corporation (NYSE:RAD), Tesaro, Inc. (NASDAQ:TSRO), SPS Commerce, (NASDAQ:SPSC), Petroleo Brasileiro Petrobras (NYSE:PBR), Ellington Residential Mortgage REIT (NYSE:EARN)

Rite Aid Corporation (NYSE:RAD) said it has promoted Ken Martindale, president and COO, to the newly created position of CEO of Rite Aid stores. Rite Aid Corporation (NYSE:RAD) belongs to Services sector. Its net profit margin is 7.80% and weekly performance is 1.79%. On last trading day company shares ended up $9.12. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is 4.89%.

Tesaro Inc (NASDAQ:TSRO) on Thursday reported second-quarter net loss of $60.6 million or $1.51 per share compared with a loss of $37.1 million or $1.03 per share last year. Analysts polled by Thomson Reuters estimated a loss of $1.14 per share for the quarter. Analysts’ estimates typically exclude special items. Tesaro, Inc. (NASDAQ:TSRO) shares moved down -5.95% in last trading session and ended the day at $55.05. TSRO return on assets is -60.10%. Tesaro, Inc. (NASDAQ:TSRO) quarterly performance is 6.56%.

On 23 July, SPS Commerce (NASDAQ:SPSC) reported Q2 EPS of $0.18, $0.01 better than the analyst estimate of $0.17. Revenue for the quarter came in at $38.3 million versus the consensus estimate of $38.33 million. On 06 August, SPS Commerce, Inc. (NASDAQ:SPSC) shares moved down -0.69% and was closed at $71.71. SPSC EPS growth in last 5 year was 4.20%. SPS Commerce, Inc. (NASDAQ:SPSC) year to date (YTD) performance is 26.63%.

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) on Thursday reported second-quarter net income of 531 million reais ($150.2 million), much lower than analysts’ expectations, weighed down by slumping oil prices and a hefty tax settlement with the Brazilian government. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to Basic Materials sector. Its net profit margin is 7.50% and weekly performance is -5.26%. On last trading day company shares ended up $6.49. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) distance from 50-day simple moving average (SMA50) is -21.80%.

Ellington Residential Mortgage REIT (NASDAQ:EARN)‘s stock had its “hold” rating reaffirmed by Deutsche Bank in a note issued to investors on Thursday. Ellington Residential Mortgage REIT (NYSE:EARN) shares moved down -0.37% in last trading session and ended the day at $13.43. EARN Gross Margin is 82.50% and its return on assets is 1.10%. Ellington Residential Mortgage REIT (NYSE:EARN) quarterly performance is -12.29%.

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