KLR Group upgraded shares of Denbury Resources (NYSE:DNR) from an accumulate rating to a buy rating in a research note released on Monday morning, TheFlyOnTheWall.com reports. Denbury Resources Inc. (NYSE:DNR) belongs to Basic Materials sector. Its net profit margin is 14.20% and weekly performance is 13.67%. On last trading day company shares ended up $8.15. Denbury Resources Inc. (NYSE:DNR) distance from 50-day simple moving average (SMA50) is -18.27%.
Veresen Midstream has announced it has entered into agreements to acquire certain natural gas gathering and compression assets supporting Montney development in the Dawson Creek area from Encana Corporation (NYSE:ECA) and the Cutbank Ridge Partnership. Encana Corporation (NYSE:ECA) shares fell -0.22% in last trading session and ended the day at $13.73. ECA Gross Margin is 84.50% and its return on assets is 15.70%. Encana Corporation (NYSE:ECA) quarterly performance is -34.09%.
U.S. banking giant Citigroup Inc. (NYSE:C) said Thursday that it agreed to sell its retail banking business in Japan to Sumitomo Mitsui Banking Corp. or SMBC. The company noted that it will transfer entire retail banking operations of Citibank Japan Ltd., including its Japan-wide network of retail branches and ATMs, to a trust bank subsidiary of SMBC as part of the transaction, together with about 1,600 Citi Japan employees, about 740,000 customer accounts and about 2.5 trillion yen or US$21.0 billion of yen and foreign currency deposits as of November 30, 2014. Citigroup Inc. (NYSE:C) belongs to Financial sector. Its net profit margin is 13.90% and weekly performance is 3.98%. On last trading day company shares ended up $54.54. Citigroup Inc. (NYSE:C) distance from 50-day simple moving average (SMA50) is 2.40%.
On Dec 19, Optibase Ltd. (NASDAQ:OBAS), entered into a Purchase Agreement with an unrelated third party to acquire a retail portfolio of twenty-seven (27) supermarkets in Bavaria, Germany (the “Transaction Portfolio”). The purchase price to be paid by the Purchaser in to acquire the Transaction Portfolio is approximately twenty-nine million seven hundred and fifty thousand Euros (EUR 29,750,000). In addition to the Purchase Price, the Purchaser will incur acquisition costs, including real estate transfer taxes of approximately two million four hundred thousand Euros (EUR 2,400,000). Optibase Ltd. (NASDAQ:OBAS) ended the last trading day at $7.04. Company weekly volatility is calculated as 4.56% and price to cash ratio as 1.76. Optibase Ltd. (NASDAQ:OBAS) showed a weekly performance of 0.28%.
Hemispherx BioPharma (NYSE:HEB) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 2,218,758 shares, a decline of 28.4% from the November 28th total of 3,097,360 shares, ARN reports. Hemispherx Biopharma, Inc. (NYSEMKT:HEB) shares fell -7.08% in last trading session and ended the day at $0.22. HEB return on assets is -49.50%. Hemispherx Biopharma, Inc. (NYSEMKT:HEB) quarterly performance is -28.06%.