On Wednesday, Shares of Banco Bradesco SA (ADR) (NYSE:BBD), gained 3.48% to $6.24. The stock attained the volume of 24.17 million shares.
The year-to-date (YTD) performance reflected a -52.48% below last year. During the past month the stock gain 4.27%, bringing three-month performance to -27.26% and six-month performance to -36.72%. The stock holds the market capitalization of 33.70B.
Shares of Banco Bradesco, were higher as some Brazil-based U.S. traded stocks rally together with the real.
Brazil’s currency is making its way toward its longest winning streak since May, Bloomberg reports. The real is popping due to the rally in raw materials, which has resulted in gains in emerging markets.
The real gained by 1.3% to 3.8017 per dollar earlier this morning, extending its improvement over the last four days to 5.2%, Bloomberg added.
“There is scope for emerging-market currencies such as the real to rise given the improvement in commodities prices and the raised appetite for risk,” foreign exchange manager at SLW Corretora de Valores Paulo de Gracia Correa told Bloomberg.
Banco Bradesco S.A. provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond.
Shares of Penn Virginia Corporation (NYSE:PVA), surged 24.39% to $1.02, during its last trading session. The share price of this stock traded recently in a range of $0.90 to $1.09. The company now has a market value of $58.85 million.
For this company, beta value at 2.12 represents it is more volatile to the shift in the market. If we take a look on its volatility, 42.22% was seen in a week and for the month it was 19.67%.
Penn Virginia Corporation (PVA) recently declared that it has sold certain non-core South Texas assets to an unrevealed buyer for gross cash proceeds of $13 million.
The divested properties are located in far southwest Gonzales County, Texas, a noteworthy distance away from our main acreage block, and comprise three producing wells with September 2015 net production of about 250 barrels of oil equivalent (BOE) per day, about 950 net developed acres and estimated mid-year 2015 proved developed reserves, as determined by third party engineers, of about 595,000 BOE. Following the sale, we still hold leasehold interests in 100,400 net acres in South Texas, counting about 52,500 undeveloped net acres.
Penn Virginia Corporation (PVA) is an independent oil and gas company engaged in the exploration, development and production of oil, natural gas liquids and natural gas in various domestic onshore regions of the United States, with a primary focus in the Eagle Ford Shale in south Texas.
Shares of Procter & Gamble Co (NYSE:PG), inclined 0.42% to $73.71, during its last trading session. In the last trading session, the stock moved on low volume, trading at a volume of 8.07 M as compared to its average daily volume of 11.23 million shares.
The stock, as of recent close, has shown weekly upbeat performance of 2.47% which was maintained at 5.34% in 1-month period.
Procter & Gamble Co, will webcast a negotiation of its first quarter earnings results on Friday, October 23, 2015 starting at 8:30 a.m. ET.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care. The Beauty, Hair and Personal Care segment offers antiperspirants and deodorants, personal cleansing, cosmetics, skin care, hair care and color, prestige, and salon professional products under the Head & Shoulders, Olay, Pantene, SK-II, and Wella brands.
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