Chevron Corporation (NYSE:CVX), announced recently that it would contribute $1.5 million to Texas A&M University as a part of its University Partnership Program. The donation is funded via Texas A&M Foundation and it encompasses various gifts to Dwight Look College of Engineering, School of Public Health, College of Geo sciences as well as the Mays Business School. Chevron Corporation (NYSE:CVX), net profit margin is 9.10% and weekly performance is 2.78%. On last trading day company shares ended up $128.83. Analysts mean target price for the company is $131.88. Chevron Corporation (NYSE:CVX), distance from 50-day simple moving average (SMA50) is 4.91%.
On June 10, 2014, IAMGOLD Corp (USA) (NYSE:IAG), provided an update from ongoing exploration activities at its newly optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada . IAMGOLD initiated the current exploration program on the project at the end of 2013 pursuant to an Earn-In Agreement finalized with TomaGold Corporation (LOT.V), in which IAMGOLD may earn a 50% interest in each of the Monster Lake, Winchester and Lac à l’eau jaune properties, collectively referred as the Monster Lake Project. IAMGOLD Corp (USA) (NYSE:IAG), fell 1.52% in last trading session and ended the day on $3.89. IAG, Gross Margin is 24.20% and its return on assets is -17.90%. IAMGOLD Corp (USA) (NYSE:IAG), quarterly performance is 1.04%.
Vale SA (ADR) (NYSE:VALE), was downgraded by equities research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. They currently have a $15.20 price target on the stock. Morgan Stanley’s price objective indicates a potential upside of 19.59% from the stock’s previous close. Vale SA (ADR) (NYSE:VALE), shares moved down 0.79% in last trading session and was closed at $12.63, while trading in range of $12.55 – 12.66. Vale SA (ADR) (NYSE:VALE), year to date (YTD) performance is -14.83%.
Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR)’s shares increased 2.52% to $15.87. Brazil’s Finance Minister Guido Mantega turned down Petroleo Brasileiro SA (PBR)’s most recent requests for fuel-price increases and told management that delivering on production targets would ease its financial difficulties, said a person with direct knowledge of the talks on June 5. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), ended the last trading day at $15.52. Company weekly volatility is calculated as 2.98% and price to cash ratio as 3.03. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), showed a positive weekly performance of 1.44%.
Steel Dynamics, Inc. (NASDAQ:STLD), announced a quarterly dividend on Monday, June 16th, AnalystRatings.Netreports. Shareholders of record on Monday, June 30th will be paid a dividend of 0.115 per share on Friday, July 11th. This represents a $0.46 annualized dividend and a dividend yield of 2.65%.Steel Dynamics, Inc. (NASDAQ:STLD), net profit margin is 2.40% and weekly performance is 2.99%. On last trading day company shares ended up $17.90. Analysts mean target price for the company is $20.35. Steel Dynamics, Inc. (NASDAQ:STLD), distance from 50-day simple moving average (SMA50) is -0.46%.