Alcoa Inc. (NYSE:AA) was upgraded by analysts at Deutsche Bank from a “sell” rating to a “hold” rating. They now have a $10.00 price target on the stock, up previously from $7.50. Alcoa Inc. (NYSE:AA) shares after opening at $12.55 moved to $12.92 on last trade day and at the end of the day closed at $12.86. Company price to sales ratio in past twelve months was calculated as 0.61 and price to cash ratio as 20.85. Alcoa Inc. (NYSE:AA) showed a positive weekly performance of 3.13%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) has had a mixed response since its earnings have not been that good yet it has been trying on new ventures. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares fell -1.07% in last trading session and ended the day on $13.88. PBR return on equity ratio is recorded as 7.60% and its return on assets is 3.60%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) yearly performance is -8.02%.
Vale SA (ADR) (NYSE:VALE) informs that its Board of Directors approved yesterday the payment of the first installment of the 2014 minimum dividend to shareholders amounting to US$ 2.1 billion. Vale SA (ADR) (NYSE:VALE) shares moved up 0.54% in last trading session and was closed at $14.84, while trading in range of $14.76 – $15.00. Vale SA (ADR) (NYSE:VALE) year to date (YTD) performance is -2.69%.
Barrick Gold Corporation (USA) (NYSE:ABX) adjusted earnings missed the Zacks Consensus Estimate in the fourth quarter of 2013, reported on Feb 13. Revenues fell by double-digits year over year. Lower metal pricing hurt Barrick’s top and bottom lines in the quarter. The company expects gold production to decline year over year in 2014.Barrick Gold Corporation (USA) (NYSE:ABX) weekly performance is 2.62%. On last trading day company shares ended up $18.83. Barrick Gold Corporation (USA) (NYSE:ABX) distance from 50-day simple moving average (SMA50) is -3.47%. Analysts mean target price for the company is $20.58.