Top News: Rite Aid Corporation (NYSE:RAD), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), salesforce.com, inc. (NYSE:CRM), Biogen Inc. (NASDAQ:BIIB), Alcatel Lucent (NYSE:ALU)

Rite Aid Corporation (NYSE:RAD) announced that Ken Martindale, who is currently president and chief operating officer, has been promoted to the newly created position of CEO of Rite Aid stores, effective immediately. Martindale, 55, will continue to report to John Standley, Rite Aid’s chairman and CEO, and will retain his role as president of Rite Aid Corporation. Rite Aid Corporation (NYSE:RAD) belongs to Services sector. Its net profit margin is 7.80% and weekly performance is 3.77%. On last trading day company shares ended up $9.08. Rite Aid Corporation (NYSE:RAD) distance from 50-day simple moving average (SMA50) is 4.72%.

A corruption probe threatening to engulf Brazil’s government intensified as police arrested a former top minister of ex-President Luiz Inácio Lula da Silva for allegedly orchestrating a scheme that looted billions of dollars from oil giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares advanced 1.57% in last trading session and ended the day at $6.45. PBR Gross Margin is 25.10% and its return on assets is 2.30%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly performance is -36.70%.

On July 30, salesforce.com, inc. (NYSE:CRM) announced that its second quarter fiscal 2016 results will be released on Thursday, Aug. 20, 2015, after the close of the market. The company will host a conference call at 2:00 p.m. (PDT) / 5:00 p.m. (EDT) to discuss its financial results with the investment community. salesforce.com, inc. (NYSE:CRM) belongs to Technology sector. Its net profit margin is -2.90% and weekly performance is -2.57%. On last trading day company shares ended up $71.89. salesforce.com, inc. (NYSE:CRM) distance from 50-day simple moving average (SMA50) is -0.96%.

Levi & Korsinsky is investigating the Board of Directors of Biogen Inc. (NASDAQ:BIIB) for possible violations of federal securities laws. The investigation concerns whether Biogen and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. On Friday, July 24, 2015, prior to the opening of the market, Biogen reported its second quarter 2015 financial results. Among other things, the Company lowered its prior revenue guidance based largely on lowered expectations for the growth of its main drug, TECFIDERA. On the announcement of this news, the share price of Biogen stock plunged more than $59, or approximately 15%, during premarket trading on July 24, 2015 – from a prior day’s closing price of $385.05 to the opening price of $326.01. Biogen Inc. (NASDAQ:BIIB) belongs to Healthcare sector. Its net profit margin is 33.90% and weekly performance is 3.27%. On last trading day company shares ended up $330.38. Biogen Inc. (NASDAQ:BIIB) distance from 50-day simple moving average (SMA50) is -14.51%.

Alcatel Lucent SA (ADR) (NYSE:ALU) has completed another industry leading step on the path to delivering 5G networks. As announced today, the 5GNOW project, with technical leadership by Alcatel-Lucent, has been awarded the highest scientific excellence honor by the European Commission for advancing development of the next generation of mobile networks (5G) and strengthening European competitiveness. The project, initiated in 2012, was completed this month and delivered a big step toward achieving 5G networks. Alcatel Lucent SA (ADR) (NYSE:ALU) belongs to Technology sector. Its net profit margin is -1.40% and weekly performance is 2.81%. On last trading day company shares ended up $3.66. Alcatel Lucent SA (ADR) (NYSE:ALU) distance from 50-day simple moving average (SMA50) is -1.21%.

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