NEW YORK / ACCESSWIRE / May 30, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for Chesapeake Energy Corporation, Petroleo Brasileiro Petrobras, The Hillshire Brands Company, Vale SA.
The Hillshire Brands Company (NYSE:HSH)’s stock climbed 17.73% to $52.76. The company on May 29 issued the following statement in response to the unsolicited proposal by Tyson Foods, Inc. (TSN) to acquire Hillshire Brands for $50.00 per share in cash. "Consistent with its fiduciary duties, and in consultation with its independent financial and legal advisors, Hillshire Brands’ Board will thoroughly review the Tyson Foods proposal." Centerview Partners and Goldman, Sachs & Co. are acting as financial advisors to Hillshire Brands, and Skadden, Arps, Slate, Meagher & Flom LLP is acting as its legal advisor.
Is GACR a Better Investment In electric vehicles Industry? Let’s Find Out Here http://www.marketbuzzreport.com/gacr/ (Or Copy & Paste Into Your Browser)
Additionally, Under Sean Connolly's leadership, Chicago-based packaged food company, Hillshire Brands, is becoming the most leading-edge meat-centric company in North America. Due to renewed focus on innovation and decisiveness, Connolly has elevated Hillshire's performance in the marketplace and boosted the Chicagoland business community.
Vale SA (ADR) (NYSE:VALE)’s shares jumped 0.61% to $13.14. VALE‘s stock had its "overweight" rating reiterated by JPMorgan Chase & Co. in a research note issued on May 13. They currently have a $21.00 price target on the stock, down from their previous price target of $25.00. Separately, analysts at Scotiabank reiterated a "sector perform" rating on shares of Vale SA (ADR) in a research note on Tuesday, April 29th.
How Should Investors Trade The Electric Vehicle Industry? Get The Free Trend Analysis Here http://www.marketbuzzreport.com/gacr/ (Or Copy & Paste Into Your Browser)
The company last released its earnings data on April 30. The company reported $0.40 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.54 by $0.14. On average, analysts predict that Vale SA will post $2.01 earnings per share for the current fiscal year.
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR)’s shares decreased 1.35% to $14.58. The company on May 9 reported a first-quarter profit of 5.39 billion reais ($2.43 billion). The company, best known as Petrobras, also posted net sales, or sales minus sales taxes, of 81.5 billion reais in the quarter. Earnings before interest, taxes, depreciation and amortization, or EBITDA, totaled 14.3 billion reais. The company reported net income of 5.39 billion reais ($2.43 billion) in the quarter, compared with 7.69 billion reais a year earlier. The result was in line with the 5.24-billion-reais average estimate of 11 analysts.
Is GACR a TSLA Baby? Don’t Miss out Our Special Report Here http://www.marketbuzzreport.com/gacr/ (Or Copy & Paste Into Your Browser)
Chesapeake Energy Corporation (NYSE:CHK)’s shares gained 1.69% to $28.89. The company on May 16 updated its currently anticipated 2014 asset sales and divestitures and the projected impact of such transactions on its 2014 Outlook. The company also introduced preliminary estimated ranges for its 2015 adjusted production growth and total capital expenditures.
How Should Investors Trade The Electric Vehicle Industry? Get The Free Trend Analysis Here http://www.marketbuzzreport.com/gacr/ (Or Copy & Paste Into Your Browser)
Chesapeake continues to divest of noncore assets in order to focus its resources on its highest rate of return opportunities and reduce balance sheet leverage and complexity. The company currently anticipates the following transactions will be completed during the 2nd and 3rd quarters of 2014.
USMarketBuzz.com is an investment community that focuses on MicroCap Securities. USMarketBuzz.com is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. Usmarketbuzz.com does not have any position in any of the mentioned companies and has NO such intention to purchase any shares long or short in the open market over the next 72 hours. If you would like more information regarding our news coverage solutions, please visit http://www.USMarketBuzz.com/ for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time athttp://www.USMarketBuzz.com/. Follow us on Facebook: https://www.facebook.com/usmarket.buzzSign up for our FREE SMS News alerts delivered directly to your mobile phone by texting the word PREPROMO to 27126 (SMS alerts are free, however data rates may apply, check your wireless plan for details.).
SOURCE: Market Buzz Report