Westport Innovations Inc. (USA) (NASDAQ:WPRT) engineering the world’s most advanced natural gas engines and systems, reported financial results for the first quarter ended March 31, 2014 and provided an update on operations. Westport Innovations Inc. (USA) (NASDAQ:WPRT) shares after opening at $13.55 moved to $24.28 on last trade day and at the end of the day closed at $16.07 . Company price to sales ratio in past twelve months was calculated as 6.15. Westport Innovations Inc. (USA) (NASDAQ:WPRT) showed a positive weekly performance of 24.19%.
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Pepco Holdings, Inc. (NYSE:POM) a mid-Atlantic utility provider, breached their fiduciary duties in connection with the proposed $6.8 billion sale of the company to Exelon Corporation (EXC). Pepco Holdings, Inc. (NYSE:POM) shares advanced 0.19% in last trading session and ended the day on $26.98. POM return on equity ratio is recorded as -15.00% and its return on assets is -4.30%. Pepco Holdings, Inc. (NYSE:POM) yearly performance is 26.49%.
Oi SA (ADR) (NYSE:OIBR) announced that it has priced its global offering of 2,142,279,524 common shares, including 396,589,982 common shares in the form of American Depositary Shares (“ADSs”) and 4,284,559,049 preferred shares, including 828,881,795 preferred shares in the form of ADSs. The common shares were offered to the public at a price of R$2.17 per share, and the preferred shares were offered to the public at a price of R$2.00 per share. Common shares in the form of ADSs were offered to the public outside Brazil at a price of US$0.970 per common ADS, and preferred shares in the form of ADSs were offered to the public outside Brazil at a price of US$0.894 per preferred ADS. Oi SA (ADR) (NYSE:OIBR) shares moved up 12.30% in last trading session and was closed at $1.05 while trading in range of $0.93 – $1.08 – Oi SA (ADR) (NYSE:OIBR) year to date (YTD) performance is -33.96%.
Kodiak Oil & Gas Corp (NYSE:KOG) an oil and gas exploration and production company with primary assets in the Williston Basin of North Dakota, reported financial results for the first quarter ended March 31, 2014 and provided a Williston Basin operations update. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) weekly performance is -4.00%. On last trading day company shares ended up $12.73. Kodiak Oil & Gas Corp (USA) (NYSE:KOG) distance from 50-day simple moving average (SMA50) is 6.80%. Analysts mean target price for the company is $15.03.