On Monday, Shares of Comcast Corporation (NASDAQ:CMCSA), gained 2.60% to $60.41.
On Wednesday, September 9, 2015, Stephen B. Burke, Chief Executive Officer of NBCUniversal and Senior Executive Vice President of Comcast Corporation (NASDAQ: CMCSA, CMCSK), will take part in the Bank of America Merrill Lynch 2015 Media, Communications & Entertainment Conference in Beverly Hills, CA.
Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, and Theme Parks segments.
Shares of Cliffs Natural Resources Inc. (NYSE:CLF), inclined 10.95% to $3.75, during its last trading session.
First Point Minerals Corp., provided a corporate update on the status of its 40%-owned Decar nickel project, located in central British Columbia.
Following the option agreement reached in November 2009 between First Point and Cliffs Natural Resources Exploration Canada Inc., an associate of Cliffs Natural Resources Inc. (CLF), effective recently the structure of Project ownership has converted to a contractual joint venture, on pre-agreed terms, with initial ownership interests fixed at the current levels of 60% for Cliffs and 40% for First Point.
First Point will continue to engage with Cliffs to understand the potential impact on the Decar project of ongoing developments, and to explore all accessible opportunities to maximize First Point’s participation in the Project’s continued advancement.
Cliffs Natural Resources Inc., a mining and natural resources company, produces iron ore and metallurgical coal. It operates five iron ore mines that produces iron ore pellets in Michigan and Minnesota; Koolyanobbing complex situated in northeast of the town of Southern Cross, which produces lump and fines iron ore; and two metallurgical coal mines located in Alabama and West Virginia.
Finally, FS Investment Corporation (NYSE:FSIC), ended its last trade with 0.58% gain, and closed at $10.33.
FS Investment Corporation declared its operating results for the quarter ended June 30, 2015, and declared its third quarter 2015 regular distribution.
Financial Highlights for the Quarter Ended June 30, 2015
- Net investment income of $0.39 per share, up from $0.23 per share for the quarter ended June 30, 2014, driven primarily by enhances in interest and fee income.
- Adjusted net investment income of $0.35 per share, contrast to $0.26 per share for the quarter ended June 30, 2014.
- Investments in portfolio companies totaled $609 million. Committed $495 million to direct originations, 88% of which were in senior secured debt (first and second lien senior secured loans and senior secured bonds).
- Total net realized and unrealized loss on investments of $(0.17) per share, contrast to gains of $0.04 per share for the quarter ended June 30, 2014.
- Paid cash distributions to stockholders totaling $0.22275 per share.3
- Net asset value of $9.89 per share, contrast to $9.90 per share as of March 31, 2015.
FS Investment Corporation (FSIC) is a publicly traded business development company (“BDC”) focused on providing customized credit solutions to private middle market U.S. companies.
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