After Showing a temporarily relief rally, shares of BP plc (ADR) (NYSE:BP) resume its downtrend today with a loss of over 6% in the opening session. The company said that its cost for the Deepwater Horizon disaster reached $1.6 billion this weekend.
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Investors would continue to watch the key developments over the massive oil spill in the
Shares of BP have plunged about 50% ever since the company reported an oil leakage in the
Sirius XM Radio Inc. (NASDAQ:SIRI) is one of the most active stocks and surged 3.50% to $1.04 in the opening session with over 7 million shares changed hands within first 30 minutes of trading. The gains followed as the company's stock was included on the preliminary additions and deletions for the Russell 3000 and Russell Global index as part of their annual reconstitutions.
So far in the current year, the stock has risen about 81%. The median Wall Street price target on the stock is $1.25 and the high target is set at $1.40 with majority of the analysts have a buy or Strong Buy ratings. The 50- Day Moving Average and 200-Day Moving Average prices are $1.06 and $0.87 respectively.
Sirius XM Radio Inc. through its two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc, is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the
Las Vegas Sands Corp. (NYSE:LVS), one of the largest casino operator, climbed 2.40% to $26.33 following the broader upward market trend, very near to its 52-week high of $26.57.
So far in the current year, the stock has risen about 75%. The median Wall Street price target on the stock is $28.50 and the high target is set at $30 with majority of the analysts have a buy or Strong Buy ratings. The stock is trading above its 50- Day Moving Average and 200-Day Moving Average prices are $23.54 and $19.51 respectively.
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Exxon Mobil Corporation (NYSE:XOM) rose 0.26% to $62.02 with over 3.50 million shares supported by a 2% gain in the Crude Oil, which climbed to above $75 mark on a Weaker dollar and strong Euro.
Exxon Mobil Corporation (Exxon Mobil) is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a range of specialty products.
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