Stocks Gaining Momentum: Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), Halozyme Therapeutics, Inc. (NASDAQ:HALO), Altria Group Inc. (NYSE:MO), TAL Education Group (NYSE:XRS), Kellogg (NYSE:K)

Technology Stocks News 20

Brazil’s President Dilma Rousseff said on Monday she has no plans to replace the chief executive officer of state-run oil firm Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A), saying there was no evidence that senior management was involved in a graft scandal at the company. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) belongs to Basic Materials sector. Its weekly performance is 16.07%. On last trading day company shares ended up $7.73. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR-A) distance from 50-day simple moving average (SMA50) is -30.53%.

On Dec 19, Halozyme Therapeutics (NASDAQ:HALO) announced that the European Commission, acting on the recommendation from the Committee for Orphan Medicinal Products of the European Medicines Agency (EMA), has designated PEGylated recombinant human hyaluronidase (PEGPH20) an orphan medicinal product for the treatment of pancreatic cancer. Halozyme Therapeutics, Inc. (NASDAQ:HALO) shares moved down -1.37% in last trading session and ended the day at $9.33. HALO Gross Margin is 65.00% and its return on assets is -52.70%. Halozyme Therapeutics, Inc. (NASDAQ:HALO) quarterly performance is -4.50%.

Shares of Altria Group (NYSE:MO) have earned an average rating of “Buy” from the eight analysts that are covering the company, AR Network reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. On 22 December, Altria Group Inc. (NYSE:MO) shares moved down -0.71% and was closed at $50.20. MO EPS growth in last 5 year was 8.80%. Altria Group Inc. (NYSE:MO) year to date (YTD) performance is 35.60%.

TAL Education Group (NYSE: XRS) announced that TAL has invested approximately US$15 million in Guokr, Inc. (“Guokr”), a popular mobile and web-based community for science and technology education in China, for Guokr’s minority equity interest. TAL Education Group (NYSE:XRS) ended the last trading day at $29.06. Company weekly volatility is calculated as 3.10% and price to cash ratio as 3.96. TAL Education Group (NYSE:XRS) showed a weekly performance of -1.82%.

Kellogg Company (NYSE:K) major shareholder Kellogg W. K. Foundation Trust sold 79,300 shares of the company’s stock on the open market in a transaction dated Friday, December 19th. The stock was sold at an average price of $67.03, for a total value of $5,315,479.00. Kellogg Company (NYSE:K) shares advanced 0.04% in last trading session and ended the day at $66.85. K Gross Margin is 41.90% and its return on assets is 11.10%. Kellogg Company (NYSE:K) quarterly performance is 9.30%.

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