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Oi SA (ADR) (NYSE:OIBR) – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Traders Buzz: Plug Power Inc. (NASDAQ:PLUG), Oi SA (ADR) (NYSE:OIBR), IAMGOLD Corporation (USA)(NYSE:IAG) http://www.usmarketbuzz.com/traders-buzz-plug-power-inc-nasdaqplug-oi-sa-adr-nyseoibr-iamgold-corporation-usanyseiag-1739 Thu, 26 Jun 2014 14:53:55 +0000 http://www.usmarketbuzz.com/?p=1739 Plug Power Inc. (NASDAQ:PLUG)’s shares gained 1.91% to $4.53. The company on June 12 published comments on its blog regarding to the 2014 Green Retail Decisions (GRD) Innovation Summit. According to the blog, the main theme of the event was sharing best practices and collaboration among suppliers and retailers. Companies in attendance ranged from Wal-Mart to Home Depot to Family Dollar. The company also noted that a large range of organizations were interested in switching from the lead-acid batteries currently used on its forklift fleets to Plug’s efficient, zero emission hydrogen fuel cells.

 PLUG Move Over there Is A New Social Media Stock In Town. Read More Here

Oi SA (ADR) (NYSE:OIBR)’s shares jumped 1.55% to $0.93. Moody’s Investors Service has on June 18 upgraded to Baa3 from Ba2 the long term senior unsecured bond ratings, to (P)Baa3 from (P)Ba2 the rating on the EMTN program of Portugal Telecom SGPS, S.A. (Portugal Telecom) and its financing subsidiary Portugal Telecom International Finance B.V. (PTIF). The outlook is negative.

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Additionally, Oi S.A. and Telemar Participacoes S.A. (“TmarPart”), on May 16 hereby discloses the following regarding the transaction that will result in the combination of activities, business and shareholder bases of Oi, Portugal Telecom SGPS S.A. (“Portugal Telecom” and, together with Oi and TmarPart, the “Companies”) and TmarPart to their shareholders and the market in general.

IAMGOLD Corporation (USA)(NYSE:IAG)’s shares dropped 1.97% to $3.98. The company on June 23 provided an update from ongoing exploration activities at the Company’s 100%-owned Pitangui gold project located approximately 110 kilometres northwest of Belo Horizonte , the capital city of Minas Gerais State, Brazil . The project comprises 180.3 square kilometres of exploration licenses covering the Archean Pitangui greenstone belt where an estimated inferred resource of 4.07 million tonnes grading 4.88 grams of gold per tonne for 0.64 million contained ounces was recently reported for the São Sebastião discovery.

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Traders Favorite: Oi SA (ADR) (NYSE:OIBR), Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), Trina Solar Limited (ADR) (NYSE:TSL) http://www.usmarketbuzz.com/traders-favorite-oi-sa-adr-nyseoibr-achillion-pharmaceuticals-inc-nasdaqachn-trina-solar-limited-adr-nysetsl-1732 Wed, 25 Jun 2014 16:06:42 +0000 http://www.usmarketbuzz.com/?p=1732 Oi SA (ADR) (NYSE:OIBR)’s shares dropped 0.56% to $0.92. Moody’s Investors Service has on June 18 upgraded to Baa3 from Ba2 the long term senior unsecured bond ratings, to (P)Baa3 from (P)Ba2 the rating on the EMTN program of Portugal Telecom SGPS, S.A. (Portugal Telecom) and its financing subsidiary Portugal Telecom International Finance B.V. (PTIF). The outlook is negative.

There Is One Better Stock Than OIBR? Let’s Find Out Here

Additionally, Oi S.A. (“Oi”, Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. (“TmarPart”), on May 16 hereby discloses the following regarding the transaction that will result in the combination of activities, business and shareholder bases of Oi, Portugal Telecom SGPS S.A. (“Portugal Telecom” and, together with Oi and TmarPart, the “Companies”) and TmarPart to their shareholders and the market in general.

Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN)’s shares decreased 2.32% to $7.59. Maxim on June 16 said its recent meeting with Achillion management made it believe that fundamental progress will be made by the company and that IP for its HCV nucleotide could be a catalyst. The firm raised its price target on the stock to $22 from $6 and maintains its Buy rating on the shares.

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Additionally, the company on June 10 announced the Company has begun dosing ACH-3422, a uridine-analog nucleotide polymerase inhibitor, for seven days in patients with genotype 1 chronic hepatitis C viral infection (HCV) in its ongoing Phase 1 clinical trial.

Trina Solar Limited (ADR) (NYSE:TSL)’s shares dropped 5.31% to $12.13. The company on June 23 announced it received the BlueSky Award 2014 for Global Top Investment Scenarios to Apply New Technologies for Renewable Energy Utilization for its high efficiency crystalline silicon solar cells and Honey Ultra modules. Sponsored by the United Nations Industrial Development Organization (UNIDO) and organized by the Shenzhen International Technology Promotion Center for Sustainable Development (ITPC), the BlueSky Award calls for the worldwide recognition of advanced technologies with the highest level of industrial investment values in the field of renewable energy.

 TSL Move Over there is a new social media stock in town. Read more here

 

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Volume Buzz: AK Steel Holding Corporation (NYSE:AKS), Oi SA (ADR) (NYSE:OIBR), Molycorp Inc. (NYSE:MCP) http://www.usmarketbuzz.com/volume-buzz-ak-steel-holding-corporation-nyseaks-oi-sa-adr-nyseoibr-molycorp-inc-nysemcp-1673 Mon, 23 Jun 2014 14:03:53 +0000 http://www.usmarketbuzz.com/?p=1673 AK Steel Holding Corporation (NYSE:AKS)’s shares closed at $7.44. The company on June 11 said that it plans to release its second quarter 2014 financial results before the opening of trading on the New York Stock Exchange on July 29, 2014.

 AKS Move Over there Is A New Social Media Stock In Town. Read More Here

Additionally, the company on June 19 provided guidance for its second quarter 2014 financial results.  AK Steel said it expects to report a net loss of $0.19 to $0.23 per diluted share of common stock, which is a substantial improvement over its first quarter results.  Adjusted to exclude the loss of $0.17 per diluted share for mark-to-market losses on derivatives, the company’s adjusted net loss for the second quarter would be $0.02 to $0.06 per diluted share.

Oi SA (ADR) (NYSE:OIBR)’s shares dropped 0.68% to $0.96. Moody’s Investors Service has on June 18 upgraded to Baa3 from Ba2 the long term senior unsecured bond ratings, to (P)Baa3 from (P)Ba2 the rating on the EMTN program of Portugal Telecom SGPS, S.A. (Portugal Telecom) and its financing subsidiary Portugal Telecom International Finance B.V. (PTIF). The outlook is negative.

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Additionally, Oi S.A. (“Oi”, Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. (“TmarPart”), on May 16 hereby discloses the following regarding the transaction that will result in the combination of activities, business and shareholder bases of Oi, Portugal Telecom SGPS S.A. (“Portugal Telecom” and, together with Oi and TmarPart, the “Companies”) and TmarPart to their shareholders and the market in general.

Molycorp Inc. (NYSE:MCP)’s shares dropped 4.42% to $2.81. Molycorp’s stock was downgraded to Caa2 from Caa1 by Moody’s, outlook stable on June 19. Moody’s downgraded the corporate family rating of Molycorp to Caa2 from Caa1 and affirmed the B3 rating on the company’s senior secured notes. Moody’s also downgraded the probability of default rating to Caa2-PD from Caa1-PD, and changed the Speculative Grade Liquidity rating to SGL-4 from SGL-3. The outlook is stable.

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Special News Alert: Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), Oi SA (ADR) (NYSE:OIBR), IAMGOLD Corporation (USA)(NYSE:IAG) http://www.usmarketbuzz.com/special-news-alert-achillion-pharmaceuticals-inc-nasdaqachn-oi-sa-adr-nyseoibr-iamgold-corporation-usanyseiag-1622 Thu, 19 Jun 2014 13:10:02 +0000 http://www.usmarketbuzz.com/?p=1622 Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN)’s shares increased 1.45% to $7.69. The company on June 10 announced the Company has begun dosing ACH-3422, a uridine-analog nucleotide polymerase inhibitor, for seven days in patients with genotype 1 chronic hepatitis C viral infection (HCV) in its ongoing Phase 1 clinical trial. Proof-of-concept results from this trial are expected to be reported during the fall of 2014. Furthermore, Achillion announced that the U.S. Food and Drug Administration (FDA) has removed the clinical hold on sovaprevir, an NS3/4A protease inhibitor, to permit the conduct of trials in patients with HCV.

There Is One Better Stock Than ACHN? Let’s Find Out Here

Oi SA (ADR) (NYSE:OIBR)’s shares dropped 1.15% to $0.95. Oi S.A. (“Oi”, Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. (“TmarPart”), on May 16 hereby discloses the following regarding the transaction that will result in the combination of activities, business and shareholder bases of Oi, Portugal Telecom SGPS S.A. (“Portugal Telecom” and, together with Oi and TmarPart, the “Companies”) and TmarPart to their shareholders and the market in general.

Why Should Investors Switch Over To OIBR From BNBI? Grab A Free Report Here

IAMGOLD Corporation (USA)(NYSE:IAG)’s shares jumped 4.11% to $4.05. The company on May 27 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.

 IAG Move Over there is a new social media stock in town. Read more here

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Most Active Buzz: DryShips Inc. (NASDAQ:DRYS), Oi SA (ADR) (NYSE:OIBR), IAMGOLD Corporation (USA)(NYSE:IAG) http://www.usmarketbuzz.com/most-active-buzz-dryships-inc-nasdaqdrys-oi-sa-adr-nyseoibr-iamgold-corporation-usanyseiag-1578 Mon, 09 Jun 2014 12:48:59 +0000 http://www.usmarketbuzz.com/?p=1578 IAMGOLD Corporation (USA)(NYSE:IAG)’s shares dropped 0.84% to $3.54. The company on May 27 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.

IAG is on the Decline so which Hot Tech Stock should Investors Keep on Their Watch lists? Find Out Here

DryShips Inc. (NASDAQ:DRYS)’s shares dropped 1.25% to $3.16. DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary Ocean Rig UDW Inc. of offshore deepwater drilling services on June 5 announced that Ocean Rig has signed definitive documentation, following the previously announced contract award, for the 6 year contract for drilling operations offshore Angola for its ultra deepwater drillship the Ocean Rig Skyros, with Total E&P Angola Block 32. The contract is expected to commence in the third quarter of 2015 and has an estimated backlog of $1.3 billion.

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Oi SA (ADR) (NYSE:OIBR)’s shares dropped 0.79% to $0.91. Oi S.A. (“Oi”, Bovespa: OIBR3, OIBR4; NYSE: OIBR and OIBR.C) and Telemar Participacoes S.A. (“TmarPart”), on May 16 hereby discloses the following regarding the transaction that will result in the combination of activities, business and shareholder bases of Oi, Portugal Telecom SGPS S.A. (“Portugal Telecom” and, together with Oi and TmarPart, the “Companies”) and TmarPart to their shareholders and the market in general.

OIBR had an Epic Rally Could THNS be the Next Tech Stock to Go on a Bull Run? Find Out Here

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Stocks To Eyes On: Global Payments Inc (NYSE:GPN), Global Payments Inc (NYSE:GPN), Oi SA (ADR) (NYSE:OIBR), Pandora Media Inc (NYSE:P) http://www.usmarketbuzz.com/stocks-to-eyes-on-global-payments-inc-nysegpn-global-payments-inc-nysegpn-oi-sa-adr-nyseoibr-pandora-media-inc-nysep-1078 Wed, 02 Oct 2013 16:32:40 +0000 http://www.usmarketbuzz.com/?p=1078 Global Payments Inc (NYSE:GPN) shares jumped 10% to $55.76. The company, on Oct. 1, announced that Jeffrey S. Sloan, currently Global Payments’ President, has been named by the Board of Directors to also serve as the company’s Chief Executive Officer, effective immediately.

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Additionally, the company on Oct. 1 reported quarterly results above Wall Street estimates and boosted its outlook on plans for an accelerated share buyback. The company reported adjusted fiscal first-quarter earnings of $1 a share on revenue of $629.7 million. Analysts surveyed by FactSet expected earnings of 95 cents a share on revenue of $624.1 million.

Oi SA (ADR) (NYSE:OIBR) shares gained 12.17% to $2.12. Portugal Telecom, SGPS, S.A., Oi S.A., AG Telecom Participates S.A., LF Tel S.A. and their respective affiliates on Oct. 2 have signed a memorandum of understanding setting out the basis for a proposed merger of PT, Oi and the Oi Holding Companies into a single Brazilian incorporated listed entity.

Is OIBR A Good Buy After The Recent Price Movement? Find Out Here

Pandora Media Inc (NYSE:P) shares increased 5.72% to $26.99. The company on Oct. 2 announced new metrics that were reached in the month of September 2013. Listener hours for Pandora during the month of September 2013 were 1.36 billion, an increase of 18% from 1.15 billion during the same period last year. Active listeners were 72.7 million at the end of September 2013, an increase of 25% from 58.3 million during the same time period last year.

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Additionally, the company on Sept. 18 announced the pricing of an underwritten public offering of 18,200,000 shares of its common stock at a price to the public of $25.00 per share. A total of 13,000,000 shares are being offered by Pandora, and a total of 5,200,000 shares are being offered by the selling stockholder. The offering is expected to close on September 24, 2013.

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