Top Wall Street Stories: Petroleo Brasileiro Petrobras (NYSE:PBR), Recon Technology (NASDAQ:RCON), QEP Midstream Partners (NYSE:QEPM), Barnes Group (NYSE:B), The Ultimate Software. (NASDAQ:ULTI)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is looking to sell about 25 percent of its fuel distribution unit in what would be Brazil’s biggest initial public offering in more than two years, said two people with direct knowledge of the matter. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) belongs to Basic Materials sector. Its net profit margin is 7.50% and weekly performance is -11.03%. On last trading day company shares ended up $6.05. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) distance from 50-day simple moving average (SMA50) is -26.73%.

Recon Technology, Ltd. (NASDAQ:RCON) announced that it will set up a graduate student workstation (the “Workstation”) in collaboration with the College of Information Science & Technology of Nanjing Agricultural University (“CIST-NAU”). Pursuant to a cooperation agreement entered into on August 5, 2015, by and between CIST-NAU and Nanjing Recon Technology Co., Ltd. (“Nanjing Recon”), the Company’s wholly-owned subsidiary which specializes in providing automation services to oilfields inChina, the two parties have agreed to set up a scientific research and training base for master’s and doctoral students of CIST-NAU. Recon Technology, Ltd. (NASDAQ:RCON) shares moved down -0.60% in last trading session and ended the day at $1.65. RCON Gross Margin is 34.30% and its return on assets is -2.40%. Recon Technology, Ltd. (NASDAQ:RCON) quarterly performance is -13.16%.

QEP Resources (NYSE:QEP) posted its quarterly earnings data on Monday. The company reported $0.09 earnings per share (EPS) for the quarter, beating the analysts’ consensus estimate of ($0.10) by $0.19. The business had revenue of $608.60 million for the quarter, compared to analysts’ expectations of $535.05 million. During the same quarter in the prior year, the company posted $0.38 EPS. The business’s revenue was down 31.4% compared to the same quarter last year. On 07 August, QEP Midstream Partners, LP (NYSE:QEPM) shares remains unchanged and was closed at $16.09. QEPM EPS growth in last 5 year was 0.00%. QEP Midstream Partners, LP (NYSE:QEPM) year to date (YTD) performance is -0.48%.

Barnes Group, Inc. (NYSE: B), announced the appointment of James Berklas to the position of Senior Vice President, General Counsel and Secretary, effective immediately.Jim is a proven business-focused leader and I am confident that his legal skills, strong business acumen and breadth of legal expertise will complement our senior leadership team.As a diversified, global company, having an experienced and trusted legal team is critical to our business and supporting the successful execution of our strategy,” said Patrick J. Dempsey, President and Chief Executive Officer, Barnes Group Inc. “Jim is a proven business-focused leader and I am confident that his legal skills, strong business acumen and breadth of legal expertise will complement our senior leadership team. Barnes Group Inc. (NYSE:B) ended the last trading day at $39.93. Company weekly volatility is calculated as 1.60% and price to cash ratio as 26.64. Barnes Group Inc. (NYSE:B) showed a weekly performance of 2.57%.

The Ultimate Software Group, Inc. (NASDAQ:ULTI) announced its financial results for the second quarter of 2015. For the quarter ended June 30, 2015, Ultimate reported recurring revenues of $124.4 million, a 22% increase, and total revenues of $147.2 million, a 21% increase, both compared with 2014’s second quarter. GAAP net income for the second quarter of 2015 was $3.7 million, or $0.12 per diluted share, as compared with GAAP net income of $6.4 million, or $0.22 per diluted share, for the second quarter of 2014. The Ultimate Software Group, Inc. (NASDAQ:ULTI) shares increased 1.11% in last trading session and ended the day at $185.22. ULTI Gross Margin is 60.30% and its return on assets is 3.80%. The Ultimate Software Group, Inc. (NASDAQ:ULTI) quarterly performance is 12.95%.

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