Brazilian state-run energy giant, Petroleo Brasileiro SA or Petrobras (NYSE:PBR) reported the completion of formation test on well 1-SPS-98. The well is located offshore São Paulo, at water depth of roughly 1,871 meters. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) net profit margin is 8.50% and weekly performance is -2.42%. On last trading day company shares ended up $14.91. Analysts mean target price for the company is $18.74. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) distance from 50-day simple moving average (SMA50) is 10.52%.
The Dow Chemical Company’s (NYSE:DOW) subsidiary Dow AgroSciences and Sigma-Aldrich Corporation have signed a manufacturing license and supply agreement, under which, Sigma-Aldrich will make zinc finger nuclease (ZFN) reagents for use with EXZACT Precision Technology. The financial terms of the agreement were undisclosed. The Dow Chemical Company (NYSE:DOW) shares advanced 1.81% in last trading session and ended the day on $50.68. DOW gross Margin is 16.70% and its return on assets is 6.90%.The Dow Chemical Company (NYSE:DOW) quarterly performance is 8.76%.
The decision this month by Jacksonville-based ParkerVision Inc. to file another lawsuit against mobile communication giant Qualcomm Inc. (NASDAQ:QCOM) is drawing attention and analysis about the wisdom of the legal maneuver. QUALCOMM, Inc. (NASDAQ:QCOM) shares moved up 0.40% in last trading session and was closed at $79.88, while trading in range of $79.49 – $79.99. QUALCOMM, Inc. (NASDAQ:QCOM) year to date (YTD) performance is 8.09%.
CLARIANT AG UNSP(OTCMKTS:CLZNY), a world leader in specialty chemicals, on 1 may announced the closing of the sale of its Leather Services business to Stahl Holdings B.V. as of April 30, 2014. CLARIANT AG UNSP (OTCMKTS:CLZNY) ended the last trading day at $20.46.
On 9 may announced AkzoNobel N.V. (ADR) (OTCMKTS:AKZOY) new EUR80 million Imperatriz Chemical Island in Brazil is now operational and has started supplying the Suzano Maranhao Pulp Mill in northern Brazil. On last trading day company shares ended up $25.09.