Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

Valero Energy Corporation (NYSE:VLO) which has generated ample controversy in recent years for seeking tax breaks and suing local governments to drop its tax bill, has applied for another public subsidy to expand its Houston refinery. Valero Energy Corporation (NYSE:VLO) stock performance was -3.04% in last session and finished the day at $50.10. Traded volume was 13.61million shares in the last session and the average … Continue reading Basic Material Active Movers: Valero Energy (NYSE:VLO), Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil Corporation (NYSE:XOM)

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 offshore fields off Brazil’s southeast coast believed to contain an … Continue reading Basic Material Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Valero Energy (NYSE:VLO), Chesapeake Energy (NYSE:CHK), Vale (NYSE:VALE), Barrick Gold (NYSE:ABX)

NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

The Bank of America Corporation (NYSE:BAC) issued layoff notices to 540 Charlotte employees. The job cut has been in the Legacy Asset Servicing division and it will impact 60% employees of that division in Charlotte. Bank of America Corp (NYSE:BAC) stock performance was -0.39% in last session and finished the day at $15.41. Traded volume was 66.82million shares in the last session and the average … Continue reading NYSE Movers: Bank of America (NYSE:BAC), General Electric Company (NYSE:GE), Advanced Micro Devices (NYSE:AMD), Citigroup Inc (NYSE:C), Vale SA (NYSE:VALE)

NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

Oracle Corporation (NYSE: ORCL) has agreed to buy Micros Systems Inc (NASDAQ: MCRS) for $5.3 billion. Chief Executive Officer, Larry Ellison seeks to boost its slowing growth by expanding into hospitality and retail industries.   Oracle Corporation (NYSE:ORCL) stock performance was 0.69% in last session and finished the day at $41.10. Traded volume was 16.96million shares in the last session and the average volume of the stock remained … Continue reading NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

In company news, American depository shares of Brazilian energy giant Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) were moderately higher shortly ahead of Wednesday’s closing bell, joining in a rally for shares of several Brazilian companies after new poll results indicate a tightening race for the country’s president. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 2.52% in last session and finished the day at … Continue reading Basic Material Active Runners: Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale SA (NYSE:VALE), Yamana Gold (NYSE:AUY), Walter Energy (NYSE:WLT)

Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) share price managed to hold on to its valuations from 4th June, during trading on 5th June as investors came to terms with the continued headwinds that company is facing in its Brazilian operations due to the deteriorating operating environment. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was 7.66% in last session and finished the day at $14.76. … Continue reading Basic material Most Active; Petroleo Brasileiro Petrobras (NYSE:PBR), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Exxon Mobil (NYSE:XOM), The Dow Chemical Company (NYSE:DOW)