02/10
Headlines

Vale SA

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

Colin Pettis03 mins

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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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)

John Meady03 mins

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…

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

John Meady03 mins

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…

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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)

Chris Lewis03 mins

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…

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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)

John Meady03 mins

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…

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Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

Mark Doerr02 mins

Initially reported as a discovery in February 2013, Brazil’s Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has confirmed that its 1-SPS-98 (1-BRSA-1063-SPS) well, the first to be drilled on Block BM-S-50 offshore Brazil, has tested carbonate reservoirs with good permeability. The block, informally known as Sagitario, is in Brazil’s ultradeepwater Santos basin presalt region 194 km…

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