Pacific Ethanol Inc(NASDAQ:PEIX) shares climbed 14.64% to
$0.481 in the early hour. The 52 week trading range for the company is $0.25 -
$1.85. The shares of the company increased 29% in the last one year. The
company is a marketer and producer of low-carbon renewable fuels in the Western
United States.
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PEIX Continue To Move Higher? Find Out Here
Staples, Inc.(NASDAQ:SPLS) shares gained 3.87% to $12.42 in
the morning hour. Reuters reported that according to Fortune, several private
equity firms including Bain Capital are considering a buyout offer for Staples
Inc. Bain Capital did not immediately respond to a request seeking comment.
Staples declined to comment. The discussions have been preliminary thus far and
the earliest an actual offer could come would be late this year, the sources
told Fortune.
Petroleo Brasileiro Petrobras SA (ADR)(NYSE:PBR) shares
jumped 3.78% to $24.44 after the company announced that on September 6, 2012,
it commenced the production of the Chinook field in the American Gulf of Mexico
connected to the FPSO (floating platform, floating production, storage capacity
and flow) BW Pioneer. The production well Chinook 4 was drilled and completed
in reservoirs geologically aged Lower Tertiary promising exploratory maritime
frontier of the Gulf of Mexico at the depth of approximately 8,000 meters.
Arch Coal Inc (NYSE:ACI) shares climbed 6.77% to $7.89. The
company earned a spot in the top 250 of the 2012 InformationWeek 500. This
marks the seventh consecutive year that Arch Coal has been ranked one of the
nation's most innovative users of business technology by InformationWeek.
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ACI Continue To Move Higher? Find Out Here
Zacks last week upgrade their recommendation to Neutral from
Underperform on Arch Coal. The company reported mixed financial results in the
second quarter of 2012. The analysts believe believe the company's coal
prospects look encouraging in the forthcoming quarters with a gradual increase
in demand for coal from the Asian, European and Middle Eastern markets.
Groupon Inc(NASDAQ:GRPN) shares increased 9.45% to $5.21
after Chief Financial Officer Jason Child this week told an investor conference
that the company is taking steps that will help drive its growth in Europe.
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