Hot Watch List: Oi SA (ADR) (NYSE:OIBR), Comverse Inc (NASDAQ:CNSI), Novatel Wireless Inc (NASDAQ:NVTL), MER Telemanagement Solutions Ltd. (NASDAQ:MTSL)

Oi SA (ADR) (NYSE:OIBR) is approaching towards the completion of its merger with Portugal Telecom, SGPS (ADR) (NYSE:PT). At this point, the disappointing news is that the company has reported a drop in its revenue. It is the second consecutive quarter where the Oi SA has reported declines in its revenue. Oi SA (ADR) (NYSE:OIBR) stock performance was -9.94% in last session and finished the … Continue reading Hot Watch List: Oi SA (ADR) (NYSE:OIBR), Comverse Inc (NASDAQ:CNSI), Novatel Wireless Inc (NASDAQ:NVTL), MER Telemanagement Solutions Ltd. (NASDAQ:MTSL)

Basic Material Losers: Petrobras Argentina (NYSE:PZE), DRDGOLD Ltd. (ADR) (NYSE:DRD), BioFuel Energy Corp. (NASDAQ:BIOF), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Abraxas Petroleum Corp. (NASDAQ:AXAS)

DRDGOLD Ltd. (ADR) (NYSE:DRD), produced and sold less gold in the quarter to March after experiencing metallurgical problems at its new floatation and fine grind circuit. DRDGold’s output dropped 14 percent quarter on quarter to 30 126 ounces, it said in a statement on May 14th, 2014. DRDGOLD Ltd. (ADR) (NYSE:DRD) dropped -9.87% to $2.75 yesterday on volume of 239,442 shares. The intra-day range of … Continue reading Basic Material Losers: Petrobras Argentina (NYSE:PZE), DRDGOLD Ltd. (ADR) (NYSE:DRD), BioFuel Energy Corp. (NASDAQ:BIOF), Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Abraxas Petroleum Corp. (NASDAQ:AXAS)

Bonanza Creek Energy Inc (NYSE:BCEI) had its price targetdecreased by Credit Suisse from $62.00 to $61.00 in a research note issued to investors on Wednesday, American Banking and Market News reports. Bonanza Creek Energy Inc (NYSE:BCEI) stock performance was 5.26% in last session and finished the day at $44.83. Traded volume was 1,814,077 shares in the last session and the average volume of the stock … Continue reading Basic Material Gainers: Bonanza Creek Energy Inc (NYSE:BCEI), Ur-Energy Inc. (USA) (NYSEMKT:URG), Platform Specialty Products Corp (NYSE:PAH), Recon Technology, Ltd. (NASDAQ:RCON)

National Bank of Greece (ADR) (NYSE:NBG)’s stock was upgraded by equities researchers at BofA Merrill Lynch from an “underperform” rating to a “neutral” rating in a research report issued on May 13. Separately, Analysts at Bank of America upgraded shares of National Bank of Greece (ADR) from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. National Bank of … Continue reading Bank Stocks In News: National Bank of Greece (ADR) (NYSE:NBG), HSBC Holdings plc (ADR) (NYSE:HSBC), Barclays PLC (ADR) (NYSE:BCS), ICICI Bank Ltd (ADR) (NYSE:IBN)

Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA) and partner Sandoz have created a generic version of the drug which is awaiting approval from the U.S. Food and Drug Administration. Drug company Mylan also has plans to market a generic version of the drug.Momenta (Nasdaq: MNTA) CFO Rick Shea said in an interview today that the other eight patents all expire on May 24. He said the FDA could … Continue reading Bullish Stocks: Momenta Pharmaceuticals, Inc. (NASDAQ:MNTA), Kindred Healthcare, Inc. (NYSE:KND), Ur-Energy (NYSEMKT:URG), Bonanza Creek Energy Inc (NYSE:BCEI), Arotech Corporation (NASDAQ:ARTX)

International Business Machines Corp (NYSE:IBM) said it expects its hardware sector to grow in 2015 as the company invests in research and development and divests low-performing ventures. The comments come less than one month after the world’s largest technology service company reported its lowest quarterly revenue in five years, weighed by sluggish global demand for its hardware, which plunged 23 percent in the first quarter … Continue reading Market Movers: International Business Machines Corp. (NYSE:IBM), VMware, Inc. (NYSE:VMW), EMC Corporation (NYSE:EMC), Intel Corporation (NASDAQ:INTC), NVIDIA Corporation (NASDAQ:NVDA)