New York federal judge Lewis Kaplan ruled last week that Chevron Corporation (NYSE:CVX) may “conduct discovery” regarding a $6.4 million contract between the government of Ecuador and MCSquared, a Brooklyn, N.Y., public-relations firm. Score another victory for the oil company over plaintiffs seeking to blame it for environmental damage in the Ecuadorean jungle. Chevron Corporation (NYSE:CVX) belongs to Basic Materials sector. Its net profit margin is 9.80% and weekly performance is -5.78%. On last trading day company shares ended up $111.73. Chevron Corporation (NYSE:CVX) distance from 50-day simple moving average (SMA50) is -3.57%.
Helicopter operator Era Group Inc. (NYSE:ERA) said its Board of Directors has appointed Christopher Bradshaw as Chief Executive Officer, effective immediately. Era Group Inc. (NYSE:ERA) belongs to Services sector. Its net profit margin is 4.80% and weekly performance is -12.97%. On last trading day company shares ended up $20.80. Era Group Inc. (NYSE:ERA) distance from 50-day simple moving average (SMA50) is -8.48%.
Several of the largest U.S. retailers warned that Alibaba Group Holding Ltd (NYSE:BABA) may “decimate” local companies unless Congress closes tax loopholes for online retailers, singling out the Chinese company before it has even established a major American consumer presence. Alibaba Group Holding Ltd (NYSE:BABA) shares moved down -5.06% in last trading session and ended the day at $105.99. BABA Gross Margin is 70.00% and its return on assets is 16.80%.
AT&T, Inc. (NYSE:T) announced that it hired more than 200 new employees and filled more than 450 jobs in Mississippi in 2014. On 01 December, AT&T, Inc. (NYSE:T) shares moved down -0.90% and was closed at $35.06. T EPS growth in last 5 year was 57.50%. AT&T, Inc. (NYSE:T) year to date (YTD) performance is 5.06%.
Natixis downgraded shares of Eni SpA (NYSE:E) to a reduce rating in a research note released on Monday morning.Eni SpA (NYSE:E) ended the last trading day at $39.22. Company weekly volatility is calculated as 1.43% and price to cash ratio as 5.51. Eni SpA (NYSE:E) showed a weekly performance of -8.02%.