NYSE Losers: Vale SA (ADR) (NYSE:VALE), National Bank of Greece (NYSE:NBG), ReneSola Ltd. (NYSE:SOL), Safeway (NYSE:SWY)

Posted by on Apr 16, 2014

Vale SA (ADR) (NYSE:VALE) secured 6.2 billion reais ($2.8 billion) of funding from Brazil’s state development bank for expansions at Carajas, the world’s largest iron-ore complex. Vale SA (ADR) (NYSE:VALE) shares after opening at $14.24 moved to $14.25 on last trade day and at the end of the day closed at $13.90. Company price to sales ratio in past twelve months was calculated as 1.50 and price to cash ratio as 10.05. Vale SA (ADR) (NYSE:VALE) showed a negative weekly performance of -7.76%.

TheStreet Ratings team rates NATIONAL BANK OF GREECE (ADR) (NYSE:NBG) as a Sell with a ratings score of D. National Bank of Greece (ADR) (NYSE:NBG) shares fell -5.61% in last trading session and ended the day on $4.21. NBG return on equity ratio is recorded as 42.40% and its return on assets is 0.60%. National Bank of Greece (ADR) (NYSE:NBG) yearly performance is -44.61%.

ReneSola Ltd (ADR) (NYSE:SOL) announced it has been awarded a “TOP BRAND PV” seal in the union of states of Belgium, the Netherlands, and Luxembourg (“Benelux”) by EuPD Research, the leading market intelligence company in the sustainable business sector and an independent brand management appraiser of module manufacturers in Germany, Italy, the United Kingdom, Benelux, and France. ReneSola Ltd. (ADR) (NYSE:SOL) shares moved down -6.55% in last trading session and was closed at $2.71 while trading in range of $2.55 – $3.00 – ReneSola Ltd. (ADR) (NYSE:SOL) year to date (YTD) performance is -21.45%.

Safeway (NYSE:SWY) traded down 10.5% during mid-day trading on Tuesday after Jefferies Group lowered their price target on the stock from $40.00 to $36.00, Stock Ratings News reports. Safeway Inc. (NYSE:SWY) weekly performance is -9.96%. On last trading day company shares ended up $34.19. Safeway Inc. (NYSE:SWY) distance from 50-day simple moving average (SMA50) is -6.13%. Analysts mean target price for the company is $39.00.

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