Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

Valero Energy Corporation (NYSE:VLO) which has generated ample controversy in recent years for seeking tax breaks and suing local governments to drop its tax bill, has applied for another public subsidy to expand its Houston refinery. Valero Energy Corporation (NYSE:VLO) stock performance was -3.04% in last session and finished the day at $50.10. Traded volume was 13.61million shares in the last session and the average … Continue reading Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Ratings firms have expressed concern about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), saying the move will weigh on the state-run oil company’s cash flow and creditworthiness. The company is formally known, was awarded on Tuesday the rights to explore four offshore fields off Brazil’s southeast coast believed to contain an … Continue reading Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Top Morning News: Target Corp. (NYSE:TGT), Valero Energy Corporation (NYSE:VLO), Ventas, Inc. (NYSE:VTR), Verizon Communications Inc. (NYSE:VZ), Sony Corp (ADR) (NYSE:SNE)

Kinross Gold (NYSE:KGC) was downgraded by stock analysts at Credit Suisse from an “outperform” rating to a “neutral” rating in a report issued on Tuesday, TheFlyOnTheWall.com reports. They currently have a $3.25 price target on the stock, down from their previous price target of $3.75. Credit Suisse’s price target suggests a potential upside of 25.00% from the stock’s previous close. Kinross Gold Corporation (NYSE:KGC) belongs … Continue reading Top Morning News: Target Corp. (NYSE:TGT), Valero Energy Corporation (NYSE:VLO), Ventas, Inc. (NYSE:VTR), Verizon Communications Inc. (NYSE:VZ), Sony Corp (ADR) (NYSE:SNE)

Today’s Watch List: J C Penney Company Inc (NYSE:JCP), Valero Energy Corporation (NYSE:VLO), athenahealth, Inc. (NASDAQ:ATHN), Rite Aid Corporation (NYSE:RAD), RadioShack (NYSE:RSH)

Shares of J C Penney Company Inc (NYSE:JCP) dropped after Goldman Sachs downgraded the company to “sell” from “neutral” with a price target of $5.50, citing limited potential for further stock gains, according to Bloomberg. J C Penney Company Inc (NYSE:JCP) belongs to Services sector. Its net profit margin is -5.60% and weekly performance is -8.52%. On last trading day company shares ended up $7.19. … Continue reading Today’s Watch List: J C Penney Company Inc (NYSE:JCP), Valero Energy Corporation (NYSE:VLO), athenahealth, Inc. (NASDAQ:ATHN), Rite Aid Corporation (NYSE:RAD), RadioShack (NYSE:RSH)

Trader’s Recap: Valero Energy Corporation (NYSE:VLO), Barrick Gold Corporation (NYSE:ABX), Kyocera Corp. (NYSE:KYO), comScore, Inc. (NASDAQ:SCOR), Digital River Inc. (NASDAQ:DRIV)

Valero Energy (NYSE:VLO) Director William R. Klesse sold 37,943 shares of the company’s stock on the open market in a transaction dated Friday, November 14th. The stock was sold at an average price of $49.94, for a total value of $1,894,873.42. Valero Energy Corporation (NYSE:VLO) belongs to Basic Materials sector. Its net profit margin is 2.70% and weekly performance is -1.81%. On last trading day … Continue reading Trader’s Recap: Valero Energy Corporation (NYSE:VLO), Barrick Gold Corporation (NYSE:ABX), Kyocera Corp. (NYSE:KYO), comScore, Inc. (NASDAQ:SCOR), Digital River Inc. (NASDAQ:DRIV)

Today’s Hot List: Banco Santander, S.A. (NYSE:SAN), Valero Energy Corporation (NYSE:VLO), A. Schulman, Inc. (NASDAQ:SHLM), UBIC, Inc. (NASDAQ:UBIC), AudioCodes Ltd. (NASDAQ:AUDC)

New Chief and Directors for Banco Santander, S.A. (NYSE:SAN). It didn’t take long for Ana Patricia Botín to put her mark on Banco Santander. Less than three months after succeeding her father as executive chairwoman following his death in September, Ms. Botín replaced the Spanish lender’s chief executive and reshaped the bank’s board in a significant shake-up on Nov. 25. Banco Santander, S.A. (NYSE:SAN) belongs … Continue reading Today’s Hot List: Banco Santander, S.A. (NYSE:SAN), Valero Energy Corporation (NYSE:VLO), A. Schulman, Inc. (NASDAQ:SHLM), UBIC, Inc. (NASDAQ:UBIC), AudioCodes Ltd. (NASDAQ:AUDC)