Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) said it sold $8.5 billion of bonds, cementing its position as Latin America’s biggest debt issuer. Petrobras, as the state-run oil company is known, issued debt due between three and 30 years, bringing the total amount of overseas notes issued this year to $13.6 billion. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares after opening at $13.18 moved to $13.29 on last trade day and at the end of the day closed at $ 13.22. Company price to sales ratio in past twelve months was calculated as 0.63 and price to cash ratio as 3.41. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) showed a positive weekly performance of 8.63%.
Alcoa Inc (NYSE:AA) said Tuesday it would spend $40 million to expand production at its Itapissuma, Brazil, rolling mill. Alcoa Inc (NYSE:AA) shares advanced 1.32% in last trading session and ended the day on $13.04. AA return on equity ratio is recorded as -18.50% and its return on assets is -6.00%. Alcoa Inc (NYSE:AA) yearly performance is 59.22%.
Vale SA (ADR) (NYSE:VALE)’s shares dropped 0.43% to $13.77. The company expects new rules reducing double taxation of foreign units of Brazilian companies to be ready in the coming weeks or months, the company’s chief executive officer said on Mar. 12. Vale SA (ADR) (NYSE:VALE) shares moved down -0.29% in last trading session and was closed at $13.79 while trading in range of $13.67 – $14.05 – Vale SA (ADR) (NYSE:VALE) year to date (YTD) performance is -9.57%.
Shares of KiOR, Inc. (Nasdaq:KIOR) skyrocketed on Tuesday’s trading session, after the company reported in an SEC filing that it had entered into a senior secured promissory note purchase agreement for up to $25 million in financing with venture capitalist Vinod Khosla. KiOR Inc (NASDAQ:KIOR) weekly performance is 39.80%. On last trading day company shares ended up $0.839. KiOR Inc (NASDAQ:KIOR) distance from 50-day simple moving average (SMA50) is -25.93%. Analysts mean target price for the company is $2.31.