The board of directors of British drug maker AstraZeneca Plc (ADR) (NYSE:AZN) has rejected the raised $119 billion takeover bid from U.S. drugmaker Pfizer (PFE). AstraZeneca plc (ADR) (NYSE:AZN) net profit margin is 8.00% and weekly performance is 3.94%. On last trading day company shares ended up $80.28. Analysts mean target price for the company is $76.67. AstraZeneca plc (ADR) (NYSE:AZN) distance from 50-day simple moving average (SMA50) is 16.18%.
Petroleo Brasileiro SA (ADR) (NYSE:PBR) has signed 41 concession contracts for blocks acquired in the 12th Round of Bidding organized by Brazil’s National Agency of Petroleum, Natural Gas, and Biofuels (ANP). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares advanced 0.07% in last trading session and ended the day on $15.28. PBR gross Margin is 23.90% and its return on assets is 3.60%.Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly performance is 37.16%.
General Motors Company (NYSE:GM) litany of woes related to recall of faulty vehicles don’t seem to end anytime soon. This became clear when the U.S transportation head Anthony Foxx in no uncertain terms put the company’s top car maker in the dock by stating that it had sat on the information related to safety issues related to fatal faulty ignitions and inappropriate air bag deployment in its vehicles since at least November of 2009. General Motors Company (NYSE:GM) shares moved down -1.05% in last trading session and was closed at $34.00, while trading in range of $33.49 – $34.65. General Motors Company (NYSE:GM) year to date (YTD) performance is -16.07%.
Ford Motor Co. (NYSE:F) new global design boss, Moray Callum, has begun to reshape his senior leadership team with an emphasis on product versatility and global experience, particularly in Asia. Ford Motor Company (NYSE:F) ended the last trading day at $15.76. Company weekly volatility is calculated as 1.16% and price to cash ratio as 4.80.Ford Motor Company (NYSE:F) showed a negative weekly performance of -0.06%.
Guangdong Investment Ltd (ADR) (OTCMKTS:GGDVY) Rising Assets Management, a state-owned Chinese investment group, offered to take control of PanAust in a cash bid that values the Laos-focused copper producer at A$1.5 billion (HK$10.9 billion).On last trading day company shares ended up $56.40.