Tag: OIBR

Finance

Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)

Office Depot Inc (NYSE:ODP) is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated. Office Depot Inc (NYSE:ODP) expects to close 150 stores this year, mostly in the fourth quarter. All of the store closures are anticipated to occur by the end of 2016. Office Depot Inc (NYSE:ODP) stock performance … Continue reading Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)

Kristen Barton
Finance

Tech New Lows: Oi SA (ADR) (NYSE:OIBR), NetSuite Inc (NYSE:N), Neustar Inc (NYSE:NSR), CommVault Systems, Inc. (NASDAQ:CVLT)

Oi SA (ADR) (NYSE:OIBR)’s preferred shares fell to a record low after the company was said to raise 8.25 billion reais ($3.71 billion) by selling stock at a price below yesterday’s close. The funding paved the way for a merger with Portugal Telecom SGPS SA. Brazil’s biggest phone carrier priced preferred shares at 2 reais apiece and common shares, which include voting rights, at 2.17 … Continue reading Tech New Lows: Oi SA (ADR) (NYSE:OIBR), NetSuite Inc (NYSE:N), Neustar Inc (NYSE:NSR), CommVault Systems, Inc. (NASDAQ:CVLT)

Jason Knox
Finance

NYSE Losers: National Bank of Greece (NYSE:NBG), Trina Solar (NYSE:TSL), Oi SA (ADR) (NYSE:OIBR), Gigamon Inc (NYSE:GIMO)

U.S.-listed shares of National Bank of Greece (ADR) (NYSE:NBG) slumped 15%. The bank is expected to decide soon on whether it will recapitalize via offering equity, according to media reports. It may need to raise as much as 2.1 billion euros ($2.9 billion), Bloomberg News said. National Bank of Greece (ADR) (NYSE:NBG) stock performance was -14.72% in last session and finished the day at $4.46. … Continue reading NYSE Losers: National Bank of Greece (NYSE:NBG), Trina Solar (NYSE:TSL), Oi SA (ADR) (NYSE:OIBR), Gigamon Inc (NYSE:GIMO)

Jason Knox
Finance

Mid Cap Active runners: SandRidge Energy (NYSE:SD), Advanced Micro Devices (NYSE:AMD), Oi SA (ADR) (NYSE:OIBR), Yamana Gold (NYSE:AUY)

In November 2012, SandRidge Energy Inc. (NYSE:SD) cut its reserve predictions to the equivalent of 422,000 barrels per well from 456,000 barrels. Five months later, the estimate was cut again, to 369,000 barrels, company records show. SandRidge Energy Inc. (NYSE:SD) has since made a small adjustment upward to 380,000 barrels.  SandRidge Energy Inc. (NYSE:SD) stock performance was 2.19% in last session and finished the day … Continue reading Mid Cap Active runners: SandRidge Energy (NYSE:SD), Advanced Micro Devices (NYSE:AMD), Oi SA (ADR) (NYSE:OIBR), Yamana Gold (NYSE:AUY)

Kristen Barton
Finance

Bearish Stocks: MannKind Corporation (NASDAQ:MNKD), Prana Biotechnology Limited (NASDAQ:PRAN), Oi SA (ADR) (NYSE:OIBR), Idera Pharmaceuticals (NASDAQ:IDRA)

Shares of MannKind Corp. (NASDAQ:MNKD) fall as much as 27.105% prior to Tuesday’s Endocrinologic and Metabolic Drugs Advisory Committee Meeting. MannKind Corporation (NASDAQ:MNKD) stock performance was -16.77% in last session and finished the day at $4.02. Traded volume was 30,207,668 million shares in the last session and the average volume of the stock remained 7.92 million shares. The beta of the stock remained 1.47. MannKind … Continue reading Bearish Stocks: MannKind Corporation (NASDAQ:MNKD), Prana Biotechnology Limited (NASDAQ:PRAN), Oi SA (ADR) (NYSE:OIBR), Idera Pharmaceuticals (NASDAQ:IDRA)

Colin Pettis