Deutsche Bank AG (NYSE:DB) [Trend Analysis] increased reacts as active mover, shares a gain 3.18% to traded at $15.26 and the percentage gap among open changing to regular change was 3.65%. Deutsche Bank AG (DB) is nearing a settlement accord with U.S. authorities on an examination into the sale of residential mortgage-backed securities, Manager Magazin reported. The Department of Justice will send a 100-page statement of facts to the bank at the startning of next week. Deutsche Bank’s fine might be higher than Goldman Sachs Group Inc.’s penalty of $2.38 billion, the German magazine reported. The firm past twelve months price to sales ratio was 0.73 and price to cash ratio remained 0.04. As far as the returns are concern, the return on equity was recorded as -12.20% and return on investment was 4.50% while its return on asset stayed at -0.50%. The firm has total debt to equity ratio measured as 2.71.
TOTAL S.A. (NYSE:TOT) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.70% to close at $48.74 with the total traded volume of 1.07 Million shares. Total SA (TOT) revealed that its unit Total E&P USA is exercising its preemption right to takeover Chesapeake’s 75% interests in the together held Barnett Shale operating area located in North Texas.
Total E&P USA has owned the remaining 25% in the Barnett Assets since December 2009. With the preemption, Total E&P USA will be the 100% owner and operator of the assets. Under the terms of the accord, Chesapeake will pay $334 million to Williams, the gatherer and processer of 80% of the gas from the Barnett Assets, to terminate its gathering contract, projected Minimum Volume Commitment shortfall payments and fees pertaining to the Barnett Shale assets. Total E&P USA will supplement Chesapeake’s payment with $420 million to Williams for a fully restructured, competitive gas gathering contract, free of any MVC and with a Henry Hub-based gathering rate instead of a fixed per Mcf fee. The firm has institutional ownership of 6.40%, while insider ownership included 8.30%. Its price to sales ratio ended at 0.94. TOT attains analyst recommendation of 2.10 with week performance of 2.05%.