Vale SA (ADR) (NYSE:VALE) stock has an average recommendation of Overweight with an average target price of $18.84. Vale SA (ADR) (NYSE:VALE) stock opened at $14.15 in last trading session, and closed at $14.17, trading in the range of $14.02 – $14.23. The stock showed a negative weekly performance of -3.80%.
The board of Brazil’s state-run oil company Petrobras, as Petroleo Brasileiro SA is known, has proposed paying dividends of 9.3 billion reais ($2.8 billion), the company said filing Friday. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares closed at $11.20 on last trade day, by losing -2.78%. Stock 52 week range is $10.63 – $19.65. Company’s market capitalization is $73.05 billion.
Alcoa Inc (NYSE:AA) has been named the most admired metals company in the world for the third consecutive year in Fortune magazine’s prestigious annual ranking on corporate reputation. Alcoa has been on the Most Admired list since Fortune began the annual ranking 31 years ago. Alcoa Inc (NYSE:AA) stock decreased -2.41% and finished the last session at $11.74. The EPS of the stock remained -2.14. Company’s market capitalization is $12.65 billion.
SandRidge Energy Inc.(NYSE:SD) said on Friday it was subpoenaed by the U.S. Department of Justice, which is investigating whether antitrust laws were violated in the buying and leasing of mineral rights. In June, SandRidge’s board removed the U.S. oil and gas company’s founder and chief executive, Tom Ward, after a struggle with activist investors who accused him of self-dealing at the expense of shareholders and of making strategic mistakes. SandRidge Energy Inc.(NYSE:SD) stock opened at $6.48 in last trading session and closed at $6.45. The 52 week range of the stock is $4.52 – $6.96 and the day range was $6.36 – $6.75.