Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), the state-run oil company at the center of Brazil’s biggest ever kickback scandal, failed to reach an agreement on writedowns in its third-quarter earnings, said a person with direct knowledge. In a meeting that lasted more than 10 hours, board members were presented with different scenarios including reducing the total book value of assets by as much as 88 billion reais ($34 billion), said the person, who asked not to be identified because the matter wasn’t resolved and hasn’t been made public. On Tuesday shares of Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) closed at $7.86.
Citigroup Inc. (NYSE:C) announced that it lent $9.2 billion to U.S. small businesses in 2014. Since 2012, Citi has lent small businesses $28 billion, a more than 50 percent increase from the previous three-year period over which time the bank lent small businesses $18.4 billion. The 2014 tally comes a year after Citi surpassed the three-year $24 billion commitment it made in 2011 in conjunction with the U.S. Small Business Administration (SBA) to provide access to lending and capital that would speed economic recovery. Citigroup Inc. (NYSE:C) in last trading activity moved down -1.19% to close at $48.31. Company weekly performance is 2.22% while its quarterly performance stands at -6.72%. Citigroup Inc. (NYSE:C) is -15.17% away from its 52 week high.
The first Dash-9 Dreamliner to be built at The Boeing Company (NYSE:BA)’s North Charleston campus rolled off the production line Monday and is slated for delivery to United Airlines in early March, Boeing officials said Tuesday. On Tuesday shares of The Boeing Company (NYSE:BA) closed at $132.48. Company’s sales growth for last 5 years was 7.30% and EPS growth for next 5 years is recorded as 12.88%.
Masonite International Corp (NYSE:DOOR) CEO Frederick J. Lynch sold 20,000 shares of Masonite International Corp stock on the open market in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $58.93, for a total value of $1,178,600.00. Following the sale, the chief executive officer now directly owns 226,820 shares of the company’s stock, valued at approximately $13,366,502.60. Masonite International Corporation (NYSE:DOOR) has 1.40% insider ownership. In last trading activity company’s stock closed at $63.50.
British Columbia-focusedproject developer Seabridge Gold, Inc. (NYSE:SA) has established an independent geotechnical review board (IGRB) to review and consider its KSM project’s tailings management facility (TMF) and water-storage dam (WSD), focusing on their structural stability and integrity. On last trading day Seabridge Gold, Inc. (NYSE:SA) increased 7.95% to close at $9.64. Its volatility for the week is 6.68% while volatility for the month is 6.59%. SA’s EPS growth for past 5 years was -65.70%. Seabridge Gold, Inc. (NYSE:SA) monthly performance is 37.13%.