Newmont Mining Corp (NYSE:NEM) announced that it had brought the production of copper concentrate at its Batu Hijau mine based in Indonesia to a standstill. The company undertook this action as an impasse continues over contentious mining rules that have suspended concentrate exports since mid-January. Newmont Mining Corp (NYSE:NEM) net profit margin is -33.80% and weekly performance is 0.62%. On last trading day company shares ended up $22.82. Analysts mean target price for the company is $26.74. Newmont Mining Corp (NYSE:NEM) distance from 50-day simple moving average is -5.43%.
A number of research firms have recently commented on WB. Analysts at WallachBeth Capital downgraded shares of Weibo Corp from a “buy” rating to a “hold” rating in a research note on Tuesday. They now have a $2.50 price target on the stock. Weibo Corp (ADR) (NASDAQ:WB) shares fell -0.16% in last trading session and ended the day on $18.32. WB Gross Margin is 68.20% and its return on assets is -38.40%.
Baidu Inc (ADR) (NASDAQ:BIDU) said Tuesday that it has filed a preliminary prospectus supplement with the United States Securities and Exchange Commission under an automatic shelf registration statement on Form F-3, pursuant to which the company proposes to sell senior notes. Baidu Inc (ADR) (NASDAQ:BIDU) shares moved down -2.11% in last trading session and was closed at $163.72, while trading in range of $162.80-$167.19. Baidu Inc (ADR) (NASDAQ:BIDU) year to date performance is -7.99%.
Shares of SINA Corp (NASDAQ:SINA) have received an average recommendation of “Buy” from the twenty-three analysts that are currently covering the company. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eleven have assigned a buy recommendation to the company. SINA Corp (NASDAQ:SINA) ended the last trading day at $44.28. Company weekly volatility is calculated as 4.19% and price to cash ratio as 1.62. SINA Corp (NASDAQ:SINA) showed a negative weekly performance of -3.30%.
Kepler Capital Markets cut shares of Basf Se (NASDAQ:BASFY)from a buy rating to a hold rating in a research note issued to investors on Tuesday. BASF SE (ADR) (OTCMKTS:BASFY) On last trading day company shares ended up $114.93.