Basic Material Most Active: Vale (NYSE:VALE), Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold (NYSE:ABX), Cabot Oil & Gas (NYSE:COG)

Brazil’s Superior Justice Tribunal, the country’s second highest court, on Thursday ruled in favour of iron ore giant Vale SA (ADR) (NYSE:VALE) in a dispute over taxation of foreign subsidiaries. Reuters reports the court ruled 3 to 1 that Brazilian treaties with Belgium, Luxembourg and Denmark prevented Brazil from taxing the profits of Vale SA (ADR) (NYSE:VALE) units in those countries, although it also said … Continue reading Basic Material Most Active: Vale (NYSE:VALE), Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold (NYSE:ABX), Cabot Oil & Gas (NYSE:COG)

Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold Corporation (NYSE:ABX), Newmont Mining Corp (NYSE:NEM), Vale (NYSE:VALE)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) Argentine unit will invest at least $50 million as part of an agreement with Neuquen province to extend a shale oilfield license for 10 years, three people with knowledge of the plan said. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was -2.65% in last session and finished the day at $13.60. Traded volume was 28.73million shares in the … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Barrick Gold Corporation (NYSE:ABX), Newmont Mining Corp (NYSE:NEM), Vale (NYSE:VALE)

On Apr 11, 2014, Zacks issued an updated research report on Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) – the largest publicly-traded Latin American oil company − produces and refines almost the entire crude oil and natural gas of Brazil. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 1.20% in last session and finished the day at $13.49. Traded … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Vale SA (ADR) (NYSE:VALE), Kinross Gold (NYSE:KGC), Yamana Gold (NYSE:AUY)

Alcoa Inc (NYSE:AA), which reports Tuesday evening, kicks off the earnings season. The shorts, however, do not appear to be bracing for a bad report, with short interest down 34% since early February. Alcoa Inc (NYSE:AA) stock performance was -0.86% in last session and finished the day at $12.63. Traded volume was 16.41million shares in the last session and the average volume of the stock … Continue reading Basic Material Active Runners: Alcoa Inc (NYSE:AA), Arch Coal Inc (NYSE:ACI), Petroleo Brasileiro Petrobras) (NYSE:PBR), Peabody Energy Corporation (NYSE:BTU)

Exxon Mobil Corporation (NYSE:XOM), the world’s largest publicly traded oil company, has agreed to disclose more information about the environmental risks of hydraulic fracturing, the process known as fracking. In an agreement with New York City’s pension funds, which control Exxon Mobile Corporation (NYSE:XOM) shares worth roughly $1.02 billion, the company agreed to report on risks surrounding disposal of fracking waste water, air pollution, methane … Continue reading Basic Material Active runners: Exxon Mobil (NYSE:XOM), Chesapeake Energy (NYSE:CHK), Kinross Gold (NYSE:KGC), Petroleo Brasileiro Petrobras (NYSE:PBR)

TD Securities cut their price target on shares of Kinross Gold Corporation (USA) (NYSE:KGC) from $5.50 to $5.00 in a research note issued on Wednesday, Analyst Ratings.Net reports. The stock presently has an average rating of “Hold” and an average price target of $6.64. Kinross Gold Corporation (USA) (NYSE:KGC) stock performance was 2.64% in last session and finished the day at $4.27. Traded volume was … Continue reading Basic Material Active runners: Kinross Gold (NYSE:KGC), Petroleo Brasileiro Petrobras (NYSE:PBR), Exxon Mobil (NYSE:XOM), Goldcorp Inc. (NYSE:GG)