Alcoa Inc (NYSE:AA) said that it has now introduced its new aluminum commercial-truck-wheel that has been specially designed to resist any corrosion that is caused by weather and road salts. Alcoa Inc (NYSE:AA), stock opened at $11.64 in last session, and closed at $11.99, while the day range of Alcoa Inc (NYSE:AA) stock is $11.58 – $12.23. The stock showed a negative weekly performance of -1.88%.
The Street Ratings team reiterates VALE SA as a Hold with a ratings score of C. Vale SA (ADR) (NYSE:VALE), stock opened at $12.98, in last session and closed at $13.57, by gaining 2.80%. The 52 week range of VALE is $12.39 – $13.79. Company’s market capitalization is $69.93billion.
The Dow Chemical Company (NYSE:DOW) and Sotheby’s on Wednesday both dismissed the central arguments of activist US hedge fund manager Daniel Loeb, who has demanded a dramatic strategic overhaul at the companies after building a significant stake in both businesses. The Dow Chemical Company (NYSE:DOW) stock advanced 3.88% and finished the last session at $44.73. The EPS of the stock remained 2.15. Company’s market capitalization is $24.25billion.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) sank for a second day, pushing the state-controlled oil producer’s share price to an eight-year low. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock opened the session at $11.26, and closed the session at $11.34. The 52 week range of the PBR stock remained $11.23 – $19.35 and the day range was $11.23 – $11.48.
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