Hot News: Bank of America Corporation (NYSE:BAC), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Twitter Inc (NYSE:TWTR), Sprint Corporation (NYSE:S),

On 26 February, Bank of America Corporation (NYSE:BAC) is preparing for significant job cuts across its global banking and markets business, according to people with knowledge of the matter.

Bank of America Corporation (NYSE:BAC) belongs to Financial sector. Its net profit margin is 45.20% and weekly performance is 4.70%. On last trading day company shares ended up at $12.70. Bank of America Corporation (NYSE:BAC) distance from 50-day simple moving average (SMA50) is -12.30%.

On 27 February, Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) secured a $10 billion loan from the China Development Bank as the beleaguered state-owned oil producer endures the worst crude market in a generation and faces more than double that amount in maturities over the next two years.

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) shares fell -3.43% in last trading session and ended the day at $3.38. PBR Gross Margin is 28.90% and its return on assets is -2.10%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) quarterly performance is -39.32%.

On 28 February, Twitter Inc (NYSE:TWTR) launched #Position of strength campaign to empower women to raise voices against any form of discrimination.

On 26 February, Twitter Inc (NYSE:TWTR) shares moved up 1.99% and was closed at $17.94. TWTR EPS growth in last 5 year was -41.40%. Twitter Inc (NYSE:TWTR) year to date (YTD) performance is -22.47%.

On 26 February, Sprint Corporation (NYSE:S) has decided to revive two-year contracts. That makes it the only one of the big four carriers in the US still offering the 24-month payment plan.

Sprint Corporation (NYSE:S) ended the last trading day at $3.33. Company weekly volatility is calculated as 5.47% and price to cash ratio as 5.97. Sprint Corporation (NYSE:S) showed a weekly performance of 13.65%.

Tallgrass Energy Partners LP (NYSE:TEP) had its price target decreased by equities research analysts at Barclays from $42.00 to $36.00 in a research report issued to clients and investors on Thursday, Analyst Ratings Network.com reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price target suggests a potential upside of 18.07% from the stock’s current price.

Tallgrass Energy Partners, LP (NYSE:TEP) shares advanced 2.48% in last trading session and ended the day at $33.46. TEP Gross Margin is 76.00% and its return on assets is 4.60%. Tallgrass Energy Partners, LP (NYSE:TEP) quarterly performance is -22.61%.

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