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Top Wall Street Stories : Vishay Intertechnology Inc. (NYSE:VSH), Ocean Bio-Chem Inc. (NASDAQ:OBCI), India Fund, Inc. (NYSE:IFN), Petroleo Brasileiro Petrobras (NYSE:PBR), MACK

Top Wall Street Stories : Vishay Intertechnology Inc. (NYSE:VSH), Ocean Bio-Chem Inc. (NASDAQ:OBCI), India Fund, Inc. (NYSE:IFN), Petroleo Brasileiro Petrobras (NYSE:PBR), MACK
Written by
Charles Donlon
Published on
October 20, 2014
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Vishay Intertechnology, Inc. (NYSE:VSH) today introduced four new IGBT power modules designed specifically for string solar inverters and medium-power-range uninterruptible power supplies (UPS). Combining Ultrafast Trench IGBTs, high-efficiency HEXFRED® and FRED Pt® diode technologies, and thermistors for easy thermal management in single packages featuring pressfit technology, the Vishay Semiconductor modules offer complete integrated solutions for inverters based on 3-level neutral point clamp (NPC) topologies and interleaved multiple-channel MPPT (maximum power point tracking) boost converters. Vishay Intertechnology Inc. (NYSE:VSH) in last trading activity increased 0.46% to close at $13.19. Company weekly performance is 3.69% while its quarterly performance stands at -12.94%. Vishay Intertechnology Inc. (NYSE:VSH) is -19.28% away from its 52 week high. Ocean Bio-Chem, Inc. (NASDAQ:OBCI) now wholly-owns OdorStar Technology, LLC. That follows a recent transaction in which it acquired the rest of the interest in the business that it did not already own. OBCI acquired the interest from its joint venture partner known as BBL Distributors, LLC (BBL). OdorStar markets disinfectants and it also owns patents that relate to the production of chloride dioxide. On last trading day Ocean Bio-Chem Inc. (NASDAQ:OBCI) increased 5.40% to close at $4.49. Its volatility for the week is 17.65% while volatility for the month is 15.17%. OBCI's sales growth for past 5 years was 9.40% and its EPS growth for past 5 years was 53.40%. Ocean Bio-Chem Inc. (NASDAQ:OBCI) monthly performance is 47.21%. The India Fund, Inc. (NYSE: IFN) (the "Fund"), a closed-end equity fund, on 30September 2014 announced that it paid on September 30, 2014, a distribution of US$0.1283 per share to all shareholders of record as of September 22, 2014. On last trading day India Fund, Inc. (NYSE:IFN) increased 0.58% to close at $25.90. Its volatility for the week is 2.59% while volatility for the month is 1.76%. IFN's sales growth for past 5 years was -5.20% and its EPS growth for past 5 years was 14.90%. India Fund, Inc. (NYSE:IFN) monthly performance is -6.67%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), the state-run producer being probed for cost overruns, is set to spend 60% more than budgeted at one of its refineries, according to the tribunal overseeing state spending. Petrobras, as the Rio de Janeiro-based company is known, will pay $21.6 billion to complete the Comperj complex that’s scheduled to open in 2016, Jose Jorge, a member of the TCU tribunal, said in documents released in Brasilia this week. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) in last trading activity moved up 2.97% to close at $14.93. Company weekly performance is -4.42% while its quarterly performance stands at -14.29%. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) is -28.70% away from its 52 week high. Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) on Sept. 30 announced additional clinical and biomarker data from a Phase 2 study in ER/PR-positive, HER2-negative metastatic breast cancer showing that patients with high heregulin mRNA levels achieved a statistically significant benefit from combining the novel agent MM-121 with exemestane. Updated data from this biomarker subgroup, representing 45% of patients with metastatic breast cancer, showed a hazard ratio of 0.26 with a p-value of 0.003. On Friday shares of Merrimack Pharmaceuticals, Inc. (NASDAQ:MACK) closed at $8.44. Company's sales growth for last 5 years was 160.30% and EPS growth for next 5 years is recorded as 5.60%.

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