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Saturday 8 August 2015
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Active Stocks News Analysis: Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), CVS Health Corporation (NYSE:CVS), VeriFone Systems, Inc. (NYSE:PAY)

On Thursday, Shares of Petróleo Brasileiro S.A. - Petrobras (NYSE:PBR), gained 2.99% to $8.28.

Petrobras, has declared its intention to divest assets worth $15 billion in 2015-16 in its latest 5-year plan . The Brazilian state-run energy firm’s divestment plan is divided into three parts - 30% from E&P, 30% from Downstream and the remaining 40% from Gas & Power.

According to sources, Petrobras has requested some international upstream companies, which have experience in the offshore exploration and production industry, to place bids for stakes in some concessions. The assets that are up for bidding comprise the company’s pre-salt blocks.

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 CVS Health Corporation (NYSE:CVS), inclined 1.45% to $105.70, during its last trading session.

CVS Health Corporation, declared that its board of directors has approved a quarterly dividend of $0.35 (35 cents) per share on the corporation’s common stock. The dividend is payable on August 3, 2015, to holders of record on July 23, 2015.

CVS Health Corporation, together with its auxiliaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments.

Finally, VeriFone Systems, Inc. (NYSE:PAY), ended its last trade with 1.14% gain, and closed at $32.86.

VeriFone Systems, declared the appointment of Steve Aliferis as president of Asia Pacific. Additionally, the company declared the appointment of Arthur Jiang as senior vice president and general manager for China, which was recently established as a separate region reporting to CEO Paul Galant.

With more than 20 years of experience in the payments and banking industries, Aliferis has held executive administration positions with Commonwealth Bank of Australia, National Australia Bank and Assure Worldwide. He most recently served as head of Business Banking, Product and Australian Financial Services at Westpac Group, one of the largest financial services institutions in Australia and New Zealand. Aliferis will join Verifone on Aug. 3, and will be based in the company’s Singapore office.

VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, in addition to support credit and debit card, EBT, EMV, and other PIN-based transactions.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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