On Wednesday, Petroleo Brasileiro SA Petrobras (NYSE:PBR)’s shares inclined 0.65% to $4.66. PBR 52 week range of the stock remained $3.72 - $10.55, while its day lowest price was $4.38 and its hit its day highest price at $4.66. The company has total of 7.44 billion outstanding shares. It has market cap of $28.19 billion.
Petróleo Brasileiro S.A. Petrobras operates as an integrated energy company in Brazil and internationally. It’s 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.
Alibaba Group Holding Ltd (NYSE:BABA)’s shares gained 2.61% to $84.64.
Alibaba Group and the Walt Disney Company declared a multi-year license agreement for an over the top service (OTT) that for the first time connects customers, physical products and digital entertainment. Launched recently, DisneyLife provides Alibaba customers in China with an all-encompassing and immersive family friendly digital experience.
DisneyLife is the only holistic home-based kids and family digital destination accessible in the Chinese market. It features a vast collection of Disney and Pixar’s most loved movies, animation series, games, e-books, songs, travel services and Disney theme parks and resorts information and much more. The Mickey Mouse-themed device will be accessible for pre-sale via Tmall.com from December 15th and will cost RMB799 (USD125.00) inclusive of a one year subscription of DisneyLife of a base package.
Set within an immersive Disney environment, families are transported into the magical world of Disney. Families can enjoy Disney and Pixar’s most popular family feature films counting “Frozen,” “Cinderella,” “Big Hero 6,” “The Lion King,” “Tangled,” “Toy Story,” “Monsters University,” “Cars,” “The Incredibles,” and many more hit movies. Favorite animation series counting “Sofia the First,” “Little Einsteins,” “Mickey Mouse Clubhouse” and “My Friends Tigger and Pooh” will also delight. As well as the great line up of games is a digital library of e-books for kids, and a song for every day with hundreds of tunes at launch. All content offered and served is via Wasu Media Network Co. Ltd.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
At the end of Wednesday’s trade, New Oriental Education & Tech Grp (ADR) (NYSE:EDU)‘s shares surged 0.03% to $32.92. EDU has beta value stands at 1.71 times and earnings per share were $1.33. The company has total of 156.50 million outstanding shares and its total market capitalization is $5.15 billion. 52-week price range of the stock remained $18.09 - $33.56.
New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People’s Republic of China. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People’s Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle school and high school students to assist students achieve better scores on entrance exams for admission into high schools or higher education institutions.
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