Petrobras Brasileiro Petrobras SA (ADR) (NYSE:PBR) announced that, on March 4, production at Cascade and Chinook fields hit 40,000 barrels per day. This figure represents a new production record for the fields, which produce through three wells in Cascade and two wells in Chinook. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock opened at $11.15 in last session, and closed at $10.90, while the day range of stock is $10.79 – $11.17. The stock showed a negative weekly performance of -2.68%.
Talisman Energy (NYSE:TLM) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report issued on Tuesday, Stock Ratings News reports. Talisman Energy Inc. (USA) (NYSE:TLM) stock opened at $9.97, in last session and closed at $9.96, by losing -0.40%. The 52 week range of the stock is $9.89 – $13.38. Company’s market capitalization is $10.32 billion.
VimpelCom Ltd (ADR) (NASDAQ:VIP) slumping for the second session after Citi put a late afternoon downgrade on the company from Buy to Neutral yesterday. The company reported quarterly and annual results on Thursday morning. In part, the company posted GAAP loss of $2.7 billion, versus consensus estimates looking for a profit of $437 million. VimpelCom Ltd (ADR) (NASDAQ:VIP) stock decreased -5.27% and finished the last session at $8.99. The EPS of the stock remained 1.23. Company’s market capitalization is $18.45 billion.
Shares of China Telecom Corporation Limited (ADR) (NYSE:CHA) have been given an average recommendation of “Buy” by the nine brokerages that are covering the stock, Analyst Ratings Network reports. Three research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. China Telecom Corporation Limited (ADR) (NYSE:CHA) stock opened the session at $43.63, and closed the session at $42.89. The 52 week range of the stock remained $42.88 – $55.19 and the day range was $42.88 – $43.63.