Breakfast Analysis: Petroleo Brasileiro Petrobras, Citigroup Inc, Pfizer Inc, Twitter Inc

Publishing & Media

Share Tweet

Breakfast Analysis: Petroleo Brasileiro Petrobras, Citigroup Inc, Pfizer Inc, Twitter Inc

NEW YORK / ACCESSWIRE / June 25, 2014 / Market Buzz Report, which provides up to date coverage, commentary and alerts on OTC and NASDAQ Stocks, issues critical stocks analysis for : Petroleo Brasileiro Petrobras, Citigroup Inc, Pfizer Inc, Twitter Inc.

Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR)’s shares decreased 4.16% to $14.98. Brazil’s Finance Minister Guido Mantega turned down Petroleo Brasileiro SA (PBR)’s most recent requests for fuel-price increases and told management that delivering on production targets would ease its financial difficulties, said a person with direct knowledge of the talks on June 5.

Don’t Make the Mistake of Not Including This Undiscovered Social Media Gem In Your Portfolio? Read The Detailed Research Report Here (Or Copy & Paste Into Your Browser)

Additionally, 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. 

Citigroup Inc(NYSE:C)’s shares declined 0.52% to $47.81. Citi’s Issuer Services business, acting through Citibank, N.A., on June 24 has been appointed by Korea Electric Power Corporation (“KEPCO”), a Korea-based electric utility company, as the depositary bank for its American Depositary Receipt (ADR) program. KEPCO’s ADRs are traded on the New York Stock Exchange under the symbol “KEP,” and its ordinary shares are traded on the Korea Stock Exchange. Two KEPCO ADRs represent one ordinary share.

Why Is It The Perfect Time To Buy BNBI? Get The Free Report Here (Or Copy & Paste Into Your Browser)

Additionally, Citi has named Carmen Haddad as its new chief executive officer for Qatar, the U.S. lender said on June 23. Haddad is currently head of Citi's private banking business in the Gulf and Egypt. He will continue in this role, as well as taking on responsibility for Qatar, a hydrocarbon-rich state with the highest per capita income in the world.

Pfizer Inc. (NYSE:PFE)’s shares declined 0.51% and closed at $29.30. The company invites investors and the general public to view and listen to a webcast of a conference call with investment analysts at 10 a.m. EDT on July 29, 2014. The purpose of the call is to provide an update on Pfizer’s results, as reflected in the company’s Second Quarter 2014 Performance Report, to be issued that morning.

Is It The Perfect Time To Reshuffle Your Portfolio With This Revolutionary Social Media Play? Find Out Here (Or Copy & Paste Into Your Browser)

Additionally, the company on June 18 announced the publication of two-year results from the ORAL Start study in the June 19 issue of The New England Journal of Medicine. ORAL Start is a 24-month Phase 3 study in patients with moderately to severely active rheumatoid arthritis who had not previously received methotrexate. The study showed that XELJANZ (tofacitinib citrate) 5 mg and 10 mg twice daily, as monotherapy (e.g., taken without methotrexate), inhibited the progression of structural damage and reduced the signs and symptoms of rheumatoid arthritis, and was statistically significantly superior to methotrexate on these measures at Month 6 (primary endpoint) and at all measured time points up to 24 months.

Twitter Inc (NYSE:TWTR)’s shares declined 2.63% to $38.48. Russia asked Twitter on June 23 to block access to a dozen accounts it deems "extremist", the head of the country's telecoms watchdog said, as Moscow seeks greater control over Internet sites based beyond its borders. The request to block the sites was made by the head of communications watchdog Roskomnadzor, Alexander Zharov, at a meeting with Colin Crowell, Twitter's head of global public policy where the two men discussed new Internet regulations.

TWTR Move Over there is a new social media stock in town. Read more here (Or Copy & Paste Into Your Browser) is an investment community that focuses on MicroCap Securities. is an authorative authentic Google News Site and Leading Provider of Investment Awareness and Featured Company Profiles. 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 for more details. Get an edge on the market with our Premium News Alerts that are FREE for a limited time at Follow us on Facebook: 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