On June 12, Oi SA (ADR) (NYSE:OIBR) fell -4.77% after the recent rally following the news that TIM Brasil and Oi SA (OIBR), two of the largest mobile operators in Brazil, are using the Aptilo Service Management Platform™ (SMP) to provide a carrier Wi-Fi service with mobile data offloading throughout the country and in Maracanã Stadium – the venue for the World Cup Final — for the millions of guests expected to attend this global sporting event. Oi SA (ADR) (NYSE:OIBR) weekly performance is 4.52%. On last trading day company shares ended up $0.951. Analysts mean target price for the company is $1.63. Oi SA (ADR) (NYSE:OIBR) distance from 50-day simple moving average (SMA50) is -7.98%.
On June 2, British Airways parent IAMGOLD Corp (USA) (NYSE:IAG) plans to buy new aircraft for its Iberia arm after the Spanish unit cut losses, according to Chief Executive Officer Willie Walsh, who had made fleet renewal contingent on improved earnings. IAMGOLD Corp (USA) (NYSE:IAG) shares fell -2.72% in last trading session and ended the day on $3.94. Gross Margin is 24.20% and its return on assets is -17.90%. IAMGOLD Corp (USA) (NYSE:IAG) quarterly performance is -5.52%.
Retail Opportunity Investments Corp. (NASDAQ:ROIC) announced that it has priced a public offering of 12,500,000 shares of common stock at a price of $14.95 per share, for net proceeds of approximately $178.6 million after deducting underwriting discounts and commissions and estimated offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,875,000 shares. Retail Opportunity Investments Corp (NASDAQ:ROIC) shares moved up 4.25% in last trading session and was closed at $15.71, while trading in range of $15.23 – $15.77. Retail Opportunity Investments Corp (NASDAQ:ROIC) year to date (YTD) performance is 9.02%.
Sanchez Energy Corp (NYSE:SN) announced that it has priced at par its private offering to eligible purchasers of $850 million in aggregate principal amount of 6.125% senior notes due 2023. The offering was upsized from the previously announced $700 million aggregate principal amount and is expected to close on June 27, 2014, subject to customary closing conditions. Sanchez Energy Corp (NYSE:SN) ended the last trading day at $36.39. Company weekly volatility is calculated as 4.04% and price to cash ratio as 17.10. Sanchez Energy Corp (NYSE:SN) showed a positive weekly performance of 4.51%.
Equities researchers at Cowen and Company started coverage on shares of Hecla Mining Company (NYSE:HL) in a research report issued on Friday. The firm set a “market perform” rating and a $2.22 price target on the stock. Cowen and Company’s target price would indicate a potential downside of 28.85% from the company’s current price. Hecla Mining Company (NYSE:HL) net profit margin is -5.80% and weekly performance is 7.27%. On last trading day company shares ended up $3.10. Analysts mean target price for the company is $3.87. Hecla Mining Company (NYSE:HL) distance from 50-day simple moving average (SMA50) is 2.54%.