Hot News : Bank of America (NYSE:BAC), NII Holdings (NASDAQ:NIHD), PetroChina Co. Ltd. (NYSE:PTR), Boston Beer Co. Inc. (NYSE:SAM), Textura (NYSE:TXTR),

Technology Stocks News 6

Bank of America Corporation (NYSE:BAC) announced a Catalytic Finance Initiative, designed to stimulate at least $10 billion of new investment into high-impact clean energy projects. The initiative will focus on developing or advancing innovative financing structures that reduce investment risk, thereby attracting a broader range of institutional investors. Bank of America Corporation (NYSE:BAC) belongs to Financial sector. Its net profit margin is 13.10% and weekly performance is 2.03%. On last trading day company shares ended up $17.05. Bank of America Corporation (NYSE:BAC) distance from 50-day simple moving average (SMA50) is 7.97%.

On Sep 15, NII Holdings Inc. (NASDAQ:NIHD), the parent of Nextel operators in Latin America, filed for U.S. bankruptcy protection on Monday after struggling for years with debt, fierce competition in Brazil and Mexico, and a dispute with a U.S. hedge fund. NII Holdings Inc. (NASDAQ:NIHD) shares fell -6.00% in last trading session and ended the day at $0.07. NIHD Gross Margin is 41.90% and its return on assets is -24.70%. NII Holdings Inc. (NASDAQ:NIHD) quarterly performance is -89.93%.

PetroChina Co. Ltd. (NYSE:PTR) begin trading ex-dividend on September 09, 2014. A cash dividend payment of $2.718064 per share is scheduled to be paid on October 09, 2014.
On 23 September, PetroChina Co. Ltd. (NYSE:PTR) shares fell -0.15% and was closed at $130.52. PTR EPS growth in last 5 year was 2.50%. PetroChina Co. Ltd. (NYSE:PTR) year to date (YTD) performance is 23.74%.

Investment analysts at Cowen and Company started coverage on shares of Boston Beer Co (NYSE:SAM) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $250.00 price target on the stock. Cowen and Company’s price objective would indicate a potential upside of 14.43% from the company’s current price. Boston Beer Co. Inc. (NYSE:SAM) ended the last trading day at $217.14. Company weekly volatility is calculated as 1.89% and price to cash ratio as 90.46. Boston Beer Co. Inc. (NYSE:SAM) showed a weekly performance of -3.82%.

Zacks downgraded shares of Textura Corp (NASDAQ:TXTR) from an outperform rating to a neutral rating in a research note released on Tuesday morning. They currently have $32.80 target price on the stock.Textura Corporation (NYSE:TXTR) shares moved up 0.70% in last trading session and ended the day at $27.21. TXTR Gross Margin is 76.40% and its return on assets is -16.00%. Textura Corporation (NYSE:TXTR) quarterly performance is 13.37%.

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