Petroleo Brasileiro SA Petrobras (ADR)(NYSE:PBR) refinanced trade finance loans worth $1.32 billion with two large banks, as part of a plan to smooth out impending amortizations through the close of the decade. The details In a recent securities filing, Petroleo reported that it contracted a $321 million trade financing contract with...
Macy's Inc (NYSE:M) Backstage, the bargain outgrowth of the countrywide department store, is coming to the company’s at the Mall at Prince Georges located in Hyattsville. The construction work is ongoing to convert area on the third floor of the outlet, into the discount concept. It marks as the...
Prospect Capital Corporation (NASDAQ:PSEC) is poised to record an improvement in its earnings per share by 6.79% in the next 12 months. The company currently has an EPS of $0.83, a growth rate that puts investors in optimistic moods with an impending EPS of around $0.89. A positive growth...
In the last trading session, the shares price of Sirius XM Holdings Inc. (NASDAQ:SIRI) declined more than 1% to close the week at $5.48. The decline came at a share volume of around 20.80 million compared to average share volume of 16.62 million. In the Q2 2017, Sirius recorded net...
Verizon Communications Inc. (NYSE:VZ) unveiled plans for a new corporate magnet in Las Colinas, which will bring ample office, residential, hotel, green and retail space to the city. The latest mixed-use development, named Hidden Ridge, surrounds company's North Texas businesses and already comprises a 1.2 million-square-foot area that will...
Annaly Capital Management, Inc. (NYSE:NLY) posted its financial report for the quarter closed June 30, 2017. GAAP net income came at $14.5 million, while core earnings excluding PAA stood at $332.6 million. Core return on average equity excluding PAA came at 10.54% while GAAP return on average equity came...
Digital Arts Media Network Inc (OTCMKTS:DATI) has hit headlines with impact upon its resolution to elect to retire about 18,526,879 shares of its common stock. As a matter of fact, this has brought the current outstanding down to 105M shares. The top provider is hoping to win the confidence...
During the earnings conference of Q2 2017 financial results, Jack Bergeron, the SVP of Operations with Southwestern Energy Company (NYSE:SWN), released an operational update. He reported that in Q2 2017, the company invested around $318 million in its E&P business and posted total net production of 222 Bcf, a...
L Brands Inc (NYSE:LB) has for many years focused in the retailing of women's personal care products and lingerie. The company’s brands pass 10 of 11 Good Business Portfolio Guidelines which experts rate as a rather great score. Usually, such scores are used to filter companies to be brought under...
Jones Energy Inc (NYSE:JONE) has entered into definitive deals to sell numerous non-core assets, including a deal to sell its Arkoma Basin assets, for $70 million, subject to completion of mandatory requirements. The firm continues to actively commercialize additional non-core assets. The buzz The Arkoma deal showcases a cash sale price...