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)

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)

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 offshore Sao Paulo in 1,871 m of water. It has … Continue reading Basic Material Active Stocks: Petroleo Brasileiro Petrobras (NYSE:PBR), Chesapeake Energy Corporation (NYSE:CHK), Vale (NYSE:VALE), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX)

ZAMBIAN-born international economist Dambisa Moyo is among 11 other Barrick Gold Corporation (USA) (NYSE:ABX) shareholders who have been elected as directors for the global miner which owns Lumwana Mine in Solwezi. The controversial economist who writes on macroeconomy and global affairs was elected as a director on Wednesday after receiving 592,898,749 votes or 97 per cent of the possible total votes available. This is according … Continue reading Basic material active stocks: Barrick Gold Corporation (NYSE:ABX), Alcoa Inc (NYSE:AA), Vale (NYSE:VALE), Walter Energy (NYSE:WLT)

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)