Chemical makers Bayer AG (BAYN), Syngenta AG (SYNN) and Dow Chemical Company (NYSE:DOW) say neonicotinoids aren’t to blame for the bee deaths and have stepped up their own lobbying to counter calls for a ban as well as legislation now in Congress. Eliminating the products will do little for bees and force farmers and gardeners to go back to products that are more harmful, they say. The Dow Chemical Company (NYSE:DOW) stock performance was -0.14% in last session and finished the day at $50.05. Traded volume was 13.42million shares in the last session and the average volume of the stock remained 8.17million shares. The beta of the stock remained 1.93. The Dow Chemical Company (NYSE:DOW) insider ownership is 0.20%.
Alcoa Inc (NYSE:AA) is nearing its 52-weeks high of $13.89, which it recorded earlier this month. The stock jumped 4.3% yesterday following a report in the Financial Times (FT) that said the US aluminum maker plans to cut aluminum production in Brazil and move into energy trading instead. Earlier this month, the company maintained its quarterly dividend per share of $0.03, and the stock currently has an indicated dividend yield of 1.88%. Alcoa Inc (NYSE:AA) dropped -0.14 percent to $13.79 Tuesday on volume of 11.21million shares. The intra-day range of the stock was $13.72 to $13.95. Alcoa Inc (NYSE:AA) has a market capitalization of $16.17billion.
On May 9, 2014, Brazil’s state-run energy giant Petroleo Brasileiro S.A (ADR) (NYSE:PBR), announced first-quarter profit of $2,280.0 million, down from $3,854.0 million in the year-earlier quarter. Earnings per ADR came in at 34 cents (1 ADR = 2 shares), lower than the year-ago profit of 60 cents and below the Zacks Consensus Estimate of 42 cents. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)’s stock on May 13, 2014 reported a increase of 0.38% to the closing price of $15.42. Its fifty two weeks range is $10.20 -$19.17. The total market capitalization recorded $100.57billion. The overall volume in the last trading session was 14.61million shares. In its share capital, PBR has 6.67billion outstanding shares.
Chesapeake Energy Corporation (NYSE:CHK) SVP Michael A. Johnson sold 20,000 shares of Chesapeake Energy Corporation (NYSE:CHK) stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $30.01, for a total transaction of $600,200.00. On Tuesday, shares of Chesapeake Energy Corporation (NYSE:CHK) dropped -0.96% to close the day at $30.04. Company return on investment (ROI) is 5.10% and its monthly performance is recorded as 14.83%. Chesapeake Energy Corporation (NYSE:CHK) quarterly revenue growth is 21.42%.