It's goes without saying that I favor integrated oil plays, particularly those with a product or regional advantage. Therefore, I'm Reiterating my Buy rating for Petroleo Brasileiro SA (NYSE: PBR), also known as Petrobras, first recommended on April 23, 2009 at a price of $32.99. If you purchased PBR at that time, you're up a nice 30%. Petrobras is performing better than forecast: Q2 oil/natural gas production increased 5.7%, to 2.524 million barrel per day of oil equivalent (MMbbl./day). Moreover, PBR is on track for 5-6% production growth for the year.
Senator Sanders proposes legislation to break up large banks
Closing Bell: Unemployment must not be relevant (GE, ACOM, FNM, ZIOP, MOT, NVDA)
Employee productivity up close to 10%
