Petroleo Brasileiro Petrobras SA (NYSE:PBR) was downgraded by equities researchers at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued on Wednesday. They currently have a $16.00 price objective on the stock, down from their previous price objective of $17.00. Morgan Stanley’s price objective suggests a potential upside of 8.11% from the stock’s previous close. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares after opening at $14.75 moved to $14.84 on last trade day and at the end of the day closed at $14.63. Company price to sales ratio in past twelve months was calculated as 0.70 and price to cash ratio as 2.83. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) showed a negative weekly performance of -6.76%.
Alcoa Inc (NYSE:AA), the largest U.S. aluminum producer, agreed to buy U.K. aerospace-components maker Firth Rixson Ltd. for about $2.85 billion in stock and cash as it expands further into downstream manufacturing. Alcoa Inc (NYSE:AA) shares fell -0.07% in last trading session and ended the day on $14.93. AA return on equity ratio is recorded as -22.00% and its return on assets is -7.10%. Alcoa Inc (NYSE:AA) yearly performance is 94.91%.
E I Du Pont De Nemours And Co (NYSE:DD) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share guidance of $4.00-4.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.30. E I Du Pont De Nemours And also updated its Q2 guidance to Lower than $1.28 EPS.E I Du Pont De Nemours And Co (NYSE:DD) shares moved down -3.34% in last trading session and was closed at $65.44, while trading in range of $64.35-$66.19. E I Du Pont De Nemours And Co (NYSE:DD) year to date performance is 2.11%.
Exxon Mobil Corporation (NYSE:XOM) said thunderstorms caused a tank fire June 27 and an oil spill today at the Mobil Producing Nigeria Qua Iboe Terminal it operates in Akwa Ibom state.Offshore production and loading of oil continue, the Irving, Texas-based company said today in a e-mailed statement. No fatalities or injuries were reported. The amount of oil lost to the fire and spill hasn’t been calculated, the company said.Exxon Mobil Corporation (NYSE:XOM) weekly performance is -2.52%. On last trading day company shares ended up $101.21. Exxon Mobil Corporation (NYSE:XOM) distance from 50-day simple moving average is -0.18%. Analysts mean target price for the company is $100.87.
Kinross Gold (NYSE:KGC) has earned a consensus recommendation of “Hold” from the eighteen analysts that are currently covering the stock. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.Kinross Gold Corporation (USA) (NYSE:KGC) shares after opening at $4.19 moved to $4.21 on last trade day and at the end of the day closed at $4.03. Company price to sales ratio in past twelve months was calculated as 1.30 and price to cash ratio as 6.54. Kinross Gold Corporation (USA) (NYSE:KGC) showed a negative weekly performance of -8.82%.