Basic Material Stocks: ConocoPhillips (NYSE:COP), Newmont Mining (NYSE:NEM), Hecla Mining (NYSE:HL), Alpha Natural Resources, Inc. (NYSE:ANR), Valero Energy Corporation (NYSE:VLO)

ConocoPhillips (NYSE:COP) raised its quarterly dividend from $0.69 to $0.73 per share today. The new dividend will be paid on 9/2/2014 to shareholders on record as of 7/21/2014. The stock will go ex-dividend on 7/17/2014. ConocoPhillips (NYSE:COP) stock performance was 0.15% in last session and finished the day at $85.67. Traded volume was 8.25million shares…

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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…

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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…

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