February 26, 2013 at 10:09 AM EST
Morning News Roundup - Intel Corporation (NASDAQ:INTC), J.C. Penney Company, Barnes & Noble, Johnson & Johnson

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New York, NY -- (SBWIRE) -- 02/26/2013 -- StockRunway.com issues Morning News Roundup – Intel Corporation (NASDAQ:INTC), J.C. Penney Company, Inc. (NYSE:JCP), Barnes & Noble, Inc. (NYSE:BKS), Johnson & Johnson (NYSE:JNJ).

Intel Corporation (NASDAQ:INTC) reported that it is now considering manufacturing Atom Chips for Android tablets as it pursues to hedge compared to the Windows 8 tablets. The world’s chief PC chip maker’s venture into the smartphones and tablets industry was characterized by its apparent inclination for Windows tablets and Android smartphones.Intel Corporation (NASDAQ:INTC) slipped -0.93% and closed at $20.23 in the last trading session with the overall traded volume of 41.53 million shares. INTC has earnings per share of $2.13.

Has INTC Found The Bottom and Ready To Move Up? Find Out Here

J.C. Penney Company, Inc. (NYSE:JCP) shares fell after its fourth quarter results are projected to dissatisfy the markets as the department store has been previously scoring up quarterly losses and sharp falls in revenues. The company is programmed to report after the regular markets close on Wednesday. Analysts anticipate a loss of 22 cents on revenue of $4.14 billion.In the year-ago quarter the company reported a profit of 59 cents per share on revenue of $5.42 billion.

In the last trading session, J.C. Penney Company, Inc. (NYSE:JCP) dropped -4.27% to close at $21.51 and its total traded volume was 10.26 million shares.

Has JCP Found The Bottom And Ready To Gain Momentum? Find Out Here

Barnes & Noble, Inc. (NYSE:BKS) shares gained after it declared that itschairman, Leonard Riggio, plans to make an offer for the company&aposs bookstores, an agreement that would result in piercing them off from the company&aposs Nook device and e-book business, which has been losing ground to Amazon.com.In the last trading session, Barnes & Noble, Inc. (NYSE:BKS) surged +11.47% and closed at $15.06 with the total traded volume of 6.55 million shares. BKS has market cap of 902.13 million.

What was the Moving Force behind BKS On Bullish Run? Read This Research Report on BKS

Johnson & Johnson (NYSE:JNJ) reported the fall of -0.89% and closed at $75.57 in the last trading session and its total traded volume was 10.60 million shares. Stock price 52 weeks high was $77.02 and 52 weeks low price was $61.71. JNJ has earnings per share of $3.87 and its price to earnings ratio ended at 19.52.

Why Should Investors Buy JNJ After the Recent Fall? Just Go Here and Find Out

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