Petroleo Brasileiro SA , (ADR) (NYSE:PBR) should make strong efforts to cut its debt or risk a credit downgrade that could saddle investment plans with increased costs, the finance committee of the state-run oil company’s board of directors said. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares after opening at $10.39 moved to $10.49 on last trade day and at the end of the day closed at $10.37. Company price to sales ratio in past twelve months was calculated as 0.48 and price to cash ratio as 2.61. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) showed a negative weekly performance of -4.86%.
NII Holdings Inc (NASDAQ:NIHD)’s shares declined 4.50% to $1.06. The company on Mar. 10 announced that it has retained UBS Investment Bank as its financial advisor to explore and advise the company on potential strategic opportunities, including creating partnerships or alliances, selling or merging one or more of the company’s business units or other strategic transactions involving the entire company. NII Holdings Inc (NASDAQ:NIHD) shares fell -16.61% in last trading session and ended the day on $0.892. NIHD return on equity ratio is recorded as -82.60% and its return on assets is -16.30%. NII Holdings Inc (NASDAQ:NIHD) yearly performance is -80.65%.
Boardwalk Pipeline Partners, LP (NYSE:BWP) call contracts experienced unusual trading volume where 4.5 calls traded for each put contract yielding a 0.22 put/call ratio. Specifically, 4,117 put and 18,731 call contracts exchanged hands during the market session. Boardwalk Pipeline Partners, LP (NYSE:BWP) shares moved up 2.94% in last trading session and was closed at $12.60 while trading in range of $11.99 – $12.61 – Boardwalk Pipeline Partners, LP (NYSE:BWP) year to date (YTD) performance is -50.26%.
Community Health Systems (NYSE:CYH) Director H Mitchell Watson, Jr. sold 2,215 shares of the stock in a transaction that occurred on Friday, March 14th. Community Health Systems (NYSE:CYH) weekly performance is -11.35%. On last trading day company shares ended up $35.54. Community Health Systems (NYSE:CYH) distance from 50-day simple moving average (SMA50) is -12.75%. Analysts mean target price for the company is $51.02.
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