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News Buzz: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Kodiak Oil & Gas Corp. (NYSE:KOG), CBPO, Synaptics Inc. (NASDAQ:SYNA)

News Buzz: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Kodiak Oil & Gas Corp. (NYSE:KOG), CBPO, Synaptics Inc. (NASDAQ:SYNA)
Written by
Charles Donlon
Published on
October 15, 2014
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Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR.A) bondholders and shareholders are seemingly betting on the defeat of the incumbent, President Dilma Rousseff, in the upcoming runoff elections. The government of Rousseff has been termed in the oil industry as anti-business, and a regime change is expected to boost the performance of Petrobras (PBR.A). Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) in last trading activity moved down -0.98% to close at $17.10. Company weekly performance is 3.89% while its quarterly performance stands at 6.88%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is -18.34% away from its 52 week high.Kodiak Oil & Gas Corp. (NYSE: KOG)("Kodiak"), today announced that it has scheduled a special meeting of Kodiak securityholders to consider and vote upon certain proposals pursuant to the previously announced arrangement agreement entered into on July 13, 2014 with Whiting Petroleum Corporation ("Whiting") and a wholly-owned subsidiary of Whiting ("Whiting Canadian Sub") under which Whiting Canadian Sub will acquire all of the outstanding common shares of Kodiak in exchange for common shares of Whiting (the "Arrangement"). Kodiak Oil & Gas Corp. (NYSE:KOG) in last trading activity fell -2.09% to close at $9.86. Company weekly performance is -18.98% while its quarterly performance stands at -37.32%. Kodiak Oil & Gas Corp. (NYSE:KOG) is -39.47% away from its 52 week high.Apple Inc. (NASDAQ:AAPL) introduced an iPhone in September with a mobile-wallet feature that allows in-store payments from a touch screen. EBay Inc. is spinning off its PayPal division to better fend off competition from Apple and Google Inc. as consumers step up the use of smartphones and computers to pay for goods and services. Apple Inc. (NASDAQ:AAPL) in last trading activity moved down -1.06% to close at $98.75. Company weekly performance is 0.00% while its quarterly performance stands at 4.19%. Apple Inc. (NASDAQ:AAPL) is -4.81% away from its 52 week high.China Biologic Products (NASDAQ:CBPO) CFO Ming Yang sold 6,164 shares of China Biologic Products stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $54.00, for a total value of $332,856.00. Following the completion of the transaction, the chief financial officer now directly owns 13,836 shares of the company’s stock, valued at approximately $747,144. China Biologic Products, Inc. (NASDAQ:CBPO) in last trading activity fell -1.13% to close at $49.06. Company weekly performance is -8.02% while its quarterly performance stands at 4.49%. China Biologic Products, Inc. (NASDAQ:CBPO) is -15.41% away from its 52 week high.Synaptics Inc. (NASDAQ: SYNA) said it has completed its acquisition of Renesas SP Drivers, Inc. a supplier of small- and medium-sized display driver ICs for smartphones and tablets. Synaptics Inc. (NASDAQ:SYNA) in last trading activity increased 4.31% to close at $70.18. Company weekly performance is -1.07% while its quarterly performance stands at -16.68%. Synaptics Inc. (NASDAQ:SYNA) is -24.76% away from its 52 week high.

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