On Tuesday, Shares of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), gained 6.57% to $8.92, on expectations that the Organization of the Petroleum Exporting Countries will keep their group production target at its current level and resist pressure for an enhance, according to Reuters.
On Friday, ministers from the OPEC are predictable to meet in Vienna to decide on production policy for the next half of the year.
Also, the weakness in the dollar is contributing to the rise in oil prices recently, 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 Bristol-Myers Squibb Company (NYSE:BMY), declined -1.02% to $65.80, during its last trading session.
Bristol-Myers Squibb Company, will take part in Goldman Sachs 36th Annual Global Health Care Conference on Tuesday, June 9, 2015, in Rancho Palos Verdes, CA. Michael Giordano, senior vice president, Head of Development, Oncology, will answer questions about the company at 11:40 a.m. EDT (8:40 a.m. PDT).
Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It provides chemically-synthesized drugs or small molecules, and biologics in various therapeutic areas, counting virology comprising human immunodeficiency virus infection (HIV); oncology; neuroscience; immunoscience; and cardiovascular.
At the end of Tuesday’s trade, Shares of Nabors Industries Ltd. (NYSE:NBR), gained 4.71% to $15.13, as higher oil prices assisted bring up oil stocks.
WTI crude oil for July delivery was up 1.9% to $61.33 a barrel Tuesday afternoon, and Brent crude oil for July delivery was up 1.2% to $65.66 a barrel.
Oil prices were rising due to the weaker U.S. dollar and comments from Saudi Arabia’s oil minister ahead of OPEC’s meeting on Friday, according to the Wall Street Journal.
Nabors Industries Ltd., together with its auxiliaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well.
Finally, The Walt Disney Company (NYSE:DIS), ended its last trade with -0.19% loss, and closed at $110.75.
Disney Consumer Products (DCP) introduced the world to Playmation – the next step in the evolution of play, where digital gets physical and imagination becomes real. The groundbreaking system of toys and wearables uses smart technology to inspire kids to run around and use their imaginations, as they become the hero or heroine of stories from across The Walt Disney Company.
Dreamed up by a team of technologists, Imagineers and storytellers from across The Walt Disney Company, Playmation is the culmination of extensive research into the world of play. A new third party study commissioned by Disney1 reveals that parents feel nostalgia for the way they used to play growing up and that they also have a desire to keep their kids active. The study also found that children enjoy being active—yet at the same time, they have a growing appetite for technology-infused products.
The online study of 2,000 families across the country shows that while almost all parents believe in the power of active and creative play, they believe technology is also an important part of growing up recently. In fact, 9 out of 10 parents are open to new technology that could play a role in keeping their child active.
Playmation also marks a new chapter in Disney Consumer Products’ long-term partnership with Hasbro. DCP and Hasbro collaborated on physical product design and manufacturing of Playmation. Hasbro’s record of innovation and consumer insights make them the perfect partner to ensure that Playmation is a truly ground-breaking play experience.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
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