Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

Ratings firms have expressed concern about a Brazilian government decision to sell billions of dollars worth of offshore oil rights to Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), saying the move will weigh on the state-run oil company’s cash flow and creditworthiness. The company is formally known, was awarded on Tuesday the rights to explore four…

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Top Morning News: ZIOPHARM Oncology, Inc. (NASDAQ:ZIOP), Barrick Gold Corporation (NYSE:ABX), FireEye, Inc. (NASDAQ:FEYE), Cass Information Systems (NASDAQ:CASS), Power Solutions International (NASDAQ:PSIX)

Shares of ZIOPHARM Oncology (NASDAQ:ZIOP) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 17,601,779 shares, a decrease of 5.8% from the November 28th total of 18,695,183 shares, AnalystRatingsNetwork.com reports. ZIOPHARM Oncology, Inc. (NASDAQ:ZIOP) belongs to Healthcare sector. Its weekly performance is 8.10%. On last trading…

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Trader’s Recap: Valero Energy Corporation (NYSE:VLO), Barrick Gold Corporation (NYSE:ABX), Kyocera Corp. (NYSE:KYO), comScore, Inc. (NASDAQ:SCOR), Digital River Inc. (NASDAQ:DRIV)

Valero Energy (NYSE:VLO) Director William R. Klesse sold 37,943 shares of the company’s stock on the open market in a transaction dated Friday, November 14th. The stock was sold at an average price of $49.94, for a total value of $1,894,873.42. Valero Energy Corporation (NYSE:VLO) belongs to Basic Materials sector. Its net profit margin is…

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