Valero Energy Corporation (NYSE:VLO) announced that it will host a conference call on July 30, 2014 at 9:00 a.m. CT to discuss second quarter earnings results, which will be released earlier that day, and provide an update on company operations. Valero Energy Corporation (NYSE:VLO) net profit margin is 2.10% and weekly performance is -12.58%. On last trading day company shares ended up $50.10. Analysts mean target price for the company is $62.74. Valero Energy Corporation (NYSE:VLO) distance from 50-day simple moving average is -9.77%.
In a report published last Wednesday, Morgan Stanley analyst Bruno Montanari downgraded the rating on Petroleo Brasileiro Petrobras SA (NYSE: PBR) from Overweight to Equal-Weight, and lowered the price target from $17.00 to $16.00.Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) ended the day on $14.63. PBR Gross Margin is 22.90% and its return on assets is 2.80%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly performance is 15.02%.
ISI Group reaffirmed their buy rating on shares of Alcoa (NYSE:AA) in a research note issued to investors on Friday. Alcoa Inc (NYSE:AA) shares moved down -0.27% in last trading session and was closed at $14.89, while trading in range of $14.68-$14.90. Alcoa Inc (NYSE:AA) year to date performance is 40.74%.
Vale SA (NASDAQ:VALE)‘s stock had its “overweight” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Monday. They currently have a $19.50 price target on the stock, down from their previous price target of $21.00. JPMorgan Chase & Co.’s price target indicates a potential upside of 46.73% from the stock’s previous close.Vale SA (ADR) (NYSE:VALE) ended the last trading day at $13.23. Company weekly volatility is calculated as 1.95% and price to cash ratio as 9.46. Vale SA (ADR) (NYSE:VALE) showed a positive weekly performance of 0.53%.
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced that its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G), has completed the previously announced acquisition of certain of Apache Corporation’s (Apache) (NYSE, Nasdaq: APA) interests in the Deepwater Gulf of
Mexico (GOM).Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) net profit margin is 11.80% and weekly performance is 1.28%. On last trading day company shares ended up $36.50. Analysts mean target price for the company is $89789. {Full Company Name} distance from 50-day simple moving average is 6.02%.