Alcoa Inc. (NYSE:AA) had the honour to be named the most admired metals company by Fortunes magazine. The company topped the Fortune magazine list for the third time in a row and one wonders if another position at the top is possible for this aluminium giant. Alcoa Inc. (NYSE:AA) stock opened at $11.79 in last session, and closed at $$12.10, while the day range of Alcoa Inc. (NYSE:AA) stock is $11.71 – $12.14. The stock showed a positive weekly performance of 0.41%.
Exxon Mobil (XOM) shares were down over 2% Wednesday morning after the company offered disappointing guidance at its annual analyst day. Exxon Mobil Corporation (NYSE:XOM) stock opened at $95.20 in last session, and closed at $93.80 by losing -2.82%. The 52 week range of $84.79 – $101.74. Company’s market capitalization is $409.06 billion.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) may realize fourth quarter net income that is weaker than what it realized a year ago. According to analysts polled by Reuters, the company is likely to realize a 30 percent fall in its fourth quarter profit. That would mainly be due to the weaker position of the Brazil currency against foreign currencies, especially the dollar. Basically, the weaker Brazil money has eroded the fuel price increases that PBR has been using to offset its losses in the domestic market. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock decreased -0.63% and finished the last session at $$11.02. The EPS of the stock remained 1.85. Company’s market capitalization is $71.88 billion.
Vale SA (ADR) (NYSE:VALE) has reported on 3 march weak Q4 earnings that fell below consensus estimates with earnings per ADR coming in at 62 cents against consensus estimates of 64 cents. Vale SA (ADR) (NYSE:VALE) stock opened the session at $14.00, and closed the session at $$13.75. The 52 week range of the Vale SA (ADR) (NYSE:VALE) stock remained $$12.39 – $19.41 and the day range was $$13.70 – $14.03.