On Wednesday, Shares of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), lost -2.32% to $8.42, as oil prices fell about 3 percent on Wednesday on expectations raised exports from Iran will add to a global supply glut and on rising inventories at the delivery hub at Cushing, Oklahoma.
Tuesday’s agreement on Tehran’s nuclear program between six world powers and Iran is predictable to result in the lifting of sanctions, which have limited sales of Iranian oil for several years, in early 2016. Reuters Reports.
Brent August crude fell $1.46, or 2.5 percent, to settle at $57.05 a barrel. The August contract expires on Thursday. Reuters added.
Petróleo Brasileiro S.A. Petrobras operates as an integrated energy company in Brazil and internationally. Its Exploration and Production segment engages in the exploration, development, and production of crude oil, natural gas liquids, and natural gas; and sale of crude oil and oil products produced at natural gas processing plants in domestic and foreign markets.
Shares of The AES Corporation (NYSE:AES), inclined 0.46% to $13.18, during its last trading session.
The AES Corporation, will host a conference call on Monday, August 10, 2015 at 9:00 a.m. Eastern Daylight Time (EDT) to review its second quarter 2015 financial results.
The call will comprise prepared remarks and a question and answer session. It will be open to the media and the public in a listen-only mode by telephone and webcast. Interested parties may listen to the teleconference by dialing 1-877-201-0168 at least ten minutes before the start of the call.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
Finally, Express Inc. (NYSE:EXPR), ended its last trade with -1.75% loss, and closed at $18.51, hitting its highest level.
Express, declared Karlie Kloss as the face of the EXPRESS fall 2015 denim collection. The American supermodel stars in the retailer’s ‘Fit for You’ advertising campaign photographed by Lachlan Bailey and styled by Claire Richardson. The official campaign launches July 2015 in print, digital, in-store, and on social media.
In the ads, Karlie poses in three key denim styles—Girlfriend, Flare and Legging—which underscore EXPRESS’ fit, fashion and individual style. “Karlie is a modern icon,” said David Kornberg, EXPRESS CEO and President. “With her social media star status and philanthropic efforts, Karlie inspires and empowers young women globally to feel confident and self-assured. And, with her natural beauty and effortless style, Karlie is perfect to communicate a fresh, modern take on the American fashion staple—a great fitting pair of jeans. We are delighted to be partnering with Karlie Kloss to showcase the latest assortment of EXPRESS jeans.”
Express, Inc. operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, counting work, casual, jeanswear, and going-out occasions.
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