Search
Saturday 1 August 2015
  • :
  • :
Latest Update

Active Stocks in the Spotlight: Barrick Gold Corporation (NYSE:ABX), Starbucks Corporation (NASDAQ:SBUX), NiSource Inc. (NYSE:NI)

On Tuesday, Shares of Barrick Gold Corporation (NYSE:ABX), lost -0.14% to $6.89.

Barrick Gold Corporation declared that Ned Goodman has resigned from the company’s Board of Directors in order to focus on a new business venture in resources and other hard assets.

“We would like to thank Mr. Goodman for his contributions to Barrick and for his astute counsel during this transformative period for the company,” said Barrick Chairman John L. Thornton. “We wish Ned great success and look forward to exploring opportunities to work together in the future.”

Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.

Shares of Starbucks Corporation (NASDAQ:SBUX), inclined 0.28% to $57.14, during its last trading session.

Starbucks Corporation declared that its Board of Directors has authorized the repurchase of an additional 50 million shares of the Company’s common stock under its ongoing share repurchase program. This authorization has no expiration date and is in addition to the 11 million shares that remained accessible for repurchase as of June 28, 2015 under an existing authorization.

“Since the Company’s share repurchase program was authorized in September of 2001, Starbucks has repurchased more than 430 million shares at a cost of $7.4 billion under authorizations through June 28, 2015,” said Scott Maw, Starbucks chief financial officer. “This additional authorization reflects the ongoing strength of Starbucks balance sheet and operating cash flow, which allows us to support our global growth and return value to our shareholders through the payment of quarterly dividends and share repurchases.”

Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.

Finally, NiSource Inc. (NYSE:NI), ended its last trade with -0.06% loss, and closed at $17.24.

NiSource declared that the company will host a conference call at 9 a.m. ET (8 a.m. CT) on August 3, 2015 to review its second quarter 2015 financial results and to provide a general business update.

NiSource will release its second quarter earnings before U.S. financial markets open on August 3.

NiSource Inc., an energy holding company, provides natural gas, electricity, and other products and services in the United States. The company offers natural gas service and transportation to residential, commercial, and industrial customers; generates, transmits, and distributes electricity; and provides wholesale and transmission transaction services.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *