Alcoa Inc (NYSE:AA) announced it will be increasing and expanding its investment in a Hungary plant that produces its forged aluminum truck wheels following heightened demand across Europe for the product. Alcoa Inc (NYSE:AA) shares after opening at $12.07 moved to $12.10 on last trade day and at the end of the day closed at $12.01. Company price to sales ratio in past twelve months was calculated as 0.56 and price to cash ratio as 8.97. Alcoa Inc (NYSE:AA) showed a positive weekly performance of 1.44%.
The board of directors at WPX Energy Inc. (NYSE:WPX) appointed J. Kevin Vann as the company’s interim senior vice president and CFO, WPX Energy said March 18, noting that Vann replaces Rod Sailor in the roles. WPX Energy Inc (NYSE:WPX) shares advanced 0.87% in last trading session and ended the day on $18.58. WPX return on equity ratio is recorded as -24.30% and its return on assets is -12.90%. WPX Energy Inc (NYSE:WPX) yearly performance is 16.49%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) sold $8.5 billion of bonds, cementing its position as Latin America’s biggest debt issuer. Petrobras, as the state-run oil company is known, issued debt due between three and 30 years, bringing the total amount of overseas notes issued this year to $13.6 billion. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares moved up 0.17% in last trading session and was closed at $11.59 while trading in range of $11.25 – $11.74 – Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) year to date (YTD) performance is -15.89%.
McEwen Mining Inc (NYSE:MUX) announced an updated mineral reserve and resource estimate for the San José mine (49% owned by McEwen Mining), located in Santa Cruz province, Argentina. McEwen Mining Inc (NYSE:MUX) weekly performance is -19.10%. On last trading day company shares ended up $2.88. McEwen Mining Inc (NYSE:MUX) distance from 50-day simple moving average (SMA50) is 4.49%. Analysts mean target price for the company is $3.90.
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