Technical Updates, Commencement of Operations, and Upcoming Conference - Research Reports on Petrobras, SinoCoking, Alcoa, PotashCorp and El Paso
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NEW YORK, September 12, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Petroleo Brasileiro Petrobras SA (NYSE: PBR), SinoCoking Coal and Coke Chem Ind, Inc. (NASDAQ: SCOK), Alcoa Inc. (NYSE: AA), Potash Corp. of Saskatchewan Inc. (NYSE: POT) and El Paso Pipeline Partners, L.P. (NYSE: EPB). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6422-100free.
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Petroleo Brasileiro Petrobras SA Research Reports
On September 9, 2014, shares in Petroleo Brasileiro Petrobras SA (Petrobras) declined 2.83% to end the trading session at $17.83, following the S&P 500 that lost 0.65% over the same trading session. Shares in Petrobras opened the session at $18.36 and oscillated in the range of $17.63 - $18.56. A total of 35.62 million shares changed hands, which is above its 30-day average volume of 27.42 million shares. The stock has surged 11.86% over the last one month, as compared to S&P 500 that gained 2.94% over the same period of time. Petrobras stock closed above its 50-day and 200-day moving averages of $16.80 and $14.07, respectively. The full research reports on Petrobras are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/PBR/report.pdf
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SinoCoking Coal and Coke Chem Ind, Inc. Research Reports
On September 9, 2014, SinoCoking Coal and Coke Chem Ind, Inc.'s (SinoCoking) stock skyrocketed 142.81% to close the trading session at $7.09, creating a new 52-week high of $9.37. As per a Bloomberg report dated September 10, 2014, the previous trading day surge in SinoCoking's stock came after the Company stated that it has plans to convert coal from four underground mines into clean fuel, in an effort to boost its gross profit in 2015. The Company said in a statement that it will start to convert 21 million tons of coal at its underground mines into synthetic gas, a clean burning fuel. The first phase of the project, to be completed in February 2014, will generate gross profit of as much as $45 million next year. Shares in SinoCoking opened the session at $3.52 and fluctuated in the broad range of $3.35 - $9.37, with 39.90 million shares changing hands. The full research reports on SinoCoking are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/SCOK/report.pdf
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Alcoa Inc. Research Reports
On September 1, 2014, Reuters reported that Alcoa Inc. (Alcoa) and its joint-venture partner Saudi Arabian Mining Co.'s (Ma'aden) joint aluminium smelter at Ras al-Khair, on the Gulf coast of the kingdom, has commenced commercial operations. Reuters further reported that the $10.8 billion aluminium plant had faced issues during the initial start-up phase last year when it had to shut one of its two smelting lines in October 2013 due to problems faced during ramp-up. The smelter has a production capacity of 740,000 tonnes a year of aluminium, with commercial operations to begin impacting Ma'aden's financials from Q3 2014 onward. As per the Reuters' report, the Saudi project is great significance to Alcoa, both because of its size and low production costs structure. The Company holds 25% interest in the joint-venture, while 75% interest is held by Ma'aden. The full research reports on Alcoa are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/AA/report.pdf
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Potash Corp. of Saskatchewan Inc. Research Reports
On September 5, 2014, Potash Corp. of Saskatchewan Inc. (PotashCorp.) reported that the Company's Executive Vice President and CFO, Wayne Brownlee is scheduled to present at the upcoming Suisse Basic Materials Conference on September 17, 2014 at 12:30 p.m. ET. The Company stated that during the presentation, Wayne Brownlee will provide an overview of the state of the industry and current market conditions as well as an update of PotashCorp's activities. The full research reports on PotashCorp are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/POT/report.pdf
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El Paso Pipeline Partners, L.P. Research Reports
On September 9, 2014, El Paso Pipeline Partners, L.P.'s (El Paso) stock ended the trading session at $39.85, down 1.02% from its previous day's close of $40.26. Shares in El Paso opened the session at $40.26 and vacillated between intra-day low of $39.85 and intra-day high of $40.69. A total of 4.29 million shares were traded during the session, higher than its 30-day average volume of 2.32 million shares. Over the past one month, the stock has returned 18.60%, outperforming the Dow Jones Industrial Average that gained 2.78% over the same period of time. The full research reports on El Paso are available to download free of charge at:
http://www.analystsreview.com/Sep-12-2014/EPB/report.pdf
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