Large Cap Most Active: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Sirius XM Holdings (NASDAQ:SIRI), Vale (NYSE:VALE), Facebook Inc (NASDAQ:FB), CBS (NYSE:CBS)

Posted by on Jul 07, 2014

On July 03, 2014, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), made an important announcement this week that should come as good news for shareholders. The company’s CEO said she don’t expect to issue new shares that would have a dilutive impact on the stock before 2030. The company has 2030 as the end horizon of its long-term business plan. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), net profit margin is 6.80% and weekly performance is -2.09%. On last trading day company shares ended up $14.49. Analysts mean target price for the company is $18.59. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), distance from 50-day simple moving average (SMA50) is -2.28%.

On July 03, 2014, Sirius XM Holdings Inc. (NASDAQ:SIRI), the country’s leading audio entertainment company, and Honda Canada Inc. announced the extension of a long-term factory installation agreement. As part of the multi-year agreement, all new SiriusXM equipped Honda vehicles will continue to include a pre-paid 3-month subscription to SiriusXM Canada, featuring over 120 channels of commercial-free music, major league sports, news, exclusive talk and entertainment. Sirius XM Holdings Inc. (NASDAQ:SIRI), advanced 0.44% in last trading session and ended the day on $3.46. SIRI, Gross Margin is 62.70% and its return on assets is 5.30%. Sirius XM Holdings Inc. (NASDAQ:SIRI), quarterly performance is 5.49%.

Morgan Stanley restated their equal weight rating on shares of Vale SA (ADR) (NYSE:VALE), in a report issued on Monday. They currently have a $15.20 target price on the stock. Vale SA (ADR) (NYSE:VALE), shares moved up 2.41% in last trading session and was closed at $14.03, while trading in range of $13.73 – 14.07. Vale SA (ADR) (NYSE:VALE), year to date (YTD) performance is -5.39%.

On July 02, 2014, Facebook Inc (NASDAQ:FB), announced that it entered an agreement to acquire LiveRail, an advertising technology company that helps companies offer better video advertisements on their websites and apps. The social network giant did not disclose the details of the transaction. Facebook Inc (NASDAQ:FB), ended the last trading day at $66.29. Company weekly volatility is calculated as 1.94% and price to cash ratio as 13.47. Facebook Inc (NASDAQ:FB), showed a negative weekly performance of 1.25%.

On june 12, 2014, CBS Corporation (NYSE:CBS), finally, announces its plan to sell 81% of its stake in CBS Outdoor, which is actively involved in electronic displays, billboards and other outdoor advertising. Further, it is expected that this offer will be tax free for its shareholders in the U.S. This trade seems to be the final step in the spinoff of its CBS Outdoor and it seems to be the last step in separation of CBS Outdoor. CBS Outdoor, by the end of this March, commenced with its trading as a stand-alone company. One of the officials made a statement in March that by splitting off CBS and converting it to REIT, the overall business will hold more potential to attract contenders in nearly 25 biggest market of the U.S, thus leading nearer to profitability. CBS Corporation (NYSE:CBS), net profit margin is 12.60% and weekly performance is 3.73%. On last trading day company shares ended up $64.30. Analysts mean target price for the company is $63.00. CBS Corporation (NYSE:CBS), distance from 50-day simple moving average (SMA50) is 8.52%.

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