On Monday, Shares of National Bank of Greece (ADR) (NYSE:NBG), lost -5.79% to $0.905, as Greece’s creditors are seeking further reforms from the country before they will release any money under a third bailout program, Reuters reports.
Technical talks between the parties negotiating on terms of the bailout began recently.
“Work has started, meaning that the institutions are talking to the Greek authorities,” a European Commission spokeswoman told Reuters.
Both sides of the table want a deal done by August 20, but Germany, Greece’s largest and most demanding creditor, feels there is no need to rush.
National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities. It offers current accounts, deposit multiproducts, deposits in foreign currency, savings accounts, sight accounts, and time deposit accounts.
Shares of Magnum Hunter Resources Corp (NYSE:MHR), declined -8.33% to $0.972, during its last trading session.
Magnum Hunter Resources Corporation, will host a conference call on Friday, August 7, 2015, at 9:00 a.m. CDT, to talk about its quarter and six months ended June 30, 2015 financial and operating results. The Company will issue a press release announcing these financial and operating results before the U.S. financial markets open on the morning of the conference call. On the conference call, the Company will talk about these financial and operating results in addition to other corporate related matters. During the conference call, following the Company’s presentation, the Company will allow for a brief Q & A session with equity research analysts.
Magnum Hunter Resources Corporation, an independent oil and gas company, explores for, exploits, acquires, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States.
Finally, Royal Gold, Inc USA) (NASDAQ:RGLD), ended its last trade with -1.92% loss, and closed at $50.18.
Royal Gold, declared that its wholly owned partner RGLD Gold AG (“Royal Gold” or the “Company”) reached a $175 million Purchase and Sale Agreement with New Gold, Inc. (“New Gold”), for a percentage of the gold and silver production from the Rainy River Project in Ontario, Canada (“Rainy River” or the “Project”).
The Rainy River Project is located 65 kilometers northwest of Fort Frances in western Ontario, Canada, just north of the Minnesota border. Over its first nine years of full production, the 21,000 tonne per day, combined open pit-underground operation is planned to produce an average of 325,000 ounces of gold per year. Permits to start major earthworks construction are in place, and, as of mid-2015, detailed engineering is 95% complete and 14% of the total development capital estimate of $877 million has been spent. Startup is projected for mid-2017.
Royal Gold, Inc., together with its auxiliaries, acquires and manages precious metals royalties, metal streams, and similar interests. It focuses on acquiring royalty interests or to finance projects that are in production or in development stage in exchange for royalty interests.
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