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ConocoPhillips (NYSE: COP) shares increased 1.66 percent to close at $70.87 a share Friday. The stock traded between $69.98 and $71.36 on volume 8.39 million shares traded. The company has reaffirmed its goal to deliver 3 to 5 percent compound annual growth in production and margins. Shares of ConocoPhillips are up approximately 0.30 percent year-to-date.
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J.C. Penney Company, Inc. (NYSE: JCP) shares fell 9.62 percent to close at $7.70 a share Friday. The stock traded between $7.52 and $8.44 on volume 36.70 million shares traded. CBL & Associates Properties, which J.C. Penney holds "prime locations" in its malls, stated that they expect more closures from the company. Shares of J.C. Penney are down approximately 15.0 percent year-to-date.
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Rambus Inc. (NASDAQ: RMBS) shares increased 3.76 percent to close at $11.60 a share Friday. The stock traded between $10.96 and $11.75 on volume of 2.04 million shares traded. Benchmark Co. have recently initiated coverage on the company with a "buy" and a price target of $16.00. Shares of Rambus are down approximately 25.0 percent year-to-date.
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TTM Technologies, Inc. (NASDAQ: TTMI) shares dropped 8.77 percent to close at $7.49 a share Friday. The stock traded between $7.43 and $8.03 on volume of 1.64 million shares traded. The company announced that it expects revenues for the first quarter of 2014 to be at the low end of its previous guidance of $290.0 million to $310.0 million. Shares of TTM Technologies have fallen approximately 12.0 percent year-to-date.
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www.FiveStarEquities.com/TTMI
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