Shares of steel company Gerdau S.A. (NYSE:GGB) fell in trading Monday as Chinese rebar and iron ore futures slowed for the fourth straight session on declining demand, according to Reuters. Gerdau S.A. (NYSE:GGB) belongs to Basic Materials sector. Its net profit margin is 3.40% and weekly performance is 9.91%. On last trading day company shares ended up $3.55. Gerdau S.A. (NYSE:GGB) distance from 50-day simple moving average (SMA50) is -9.10%.
An issue of Cliffs Natural Resources (NYSE:CLF) bonds rose 1% against their face value during trading on Monday, Analyst Ratings.Net reports. The debt issue has a 4.875% coupon and is set to mature on April 1, 2021. Cliffs Natural Resources Inc. (NYSE:CLF) shares increased 7.69% in last trading session and ended the day at $7.70. CLF Gross Margin is 11.90% and its return on assets is -54.50%. Cliffs Natural Resources Inc. (NYSE:CLF) quarterly performance is 6.65%.
Goldman Sachs cut shares of Oceaneering International (NYSE:OII) from a conviction-buy rating to a buy rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. On 12 January, Oceaneering International, Inc. (NYSE:OII) shares moved down -3.47% and was closed at $53.67. OII EPS growth in last 5 year was 14.00%. Oceaneering International, Inc. (NYSE:OII) year to date (YTD) performance is -8.74%.
On Jan. 8, Orchids Paper Products Company (NYSEMKT:TIS) announced that it will release 2014 fourth-quarter and full-year financial results on Wednesday, February 4, 2015 after the close of the New York Stock Exchange. The Company will hold a teleconference to discuss its results at 10:00 a.m. (ET) on Thursday, February 5th. Orchids Paper Products Company (NYSEMKT:TIS) ended the last trading day at $27.85. Company weekly volatility is calculated as 2.47% and price to cash ratio as 69.70. Orchids Paper Products Company (NYSEMKT:TIS) showed a weekly performance of -2.31%.
JPMorgan Chase & Co. (NYSE:JPM) plans to announce a new head of Chase Business Banking, The Wall Street Journal reported citing people familiar with the hiring. Jennifer Piepszak reportedly will succeed Scott Geller as chief executive of the business, reporting to consumer and community banking chief Gordon Smith. The move is expected to be announced as soon as Tuesday. JPMorgan Chase & Co. (NYSE:JPM) belongs to Financial sector. Its net profit margin is 39.60% and weekly performance is -2.84%. On last trading day company shares ended up $58.83. JPMorgan Chase & Co. (NYSE:JPM) distance from 50-day simple moving average (SMA50) is -2.88%.