During Tuesday’s Current trade, Shares of Nucor Corporation (NYSE:NUE), gain 0.50% to $41.88.
The board of directors of Nucor Corporation (NUE) approved the repurchase of up to $900 million of the company’s common stock. Share repurchases will be made from time to time in the open market at prevailing market prices, through private transactions or block trades. The timing and amount of repurchases will depend on market conditions, share price, applicable legal requirements and other factors. The board of directors also terminated any previously authorized repurchase programs.
In a separate action, Nucor’s board of directors declared the regular quarterly cash dividend of $0.3725 per share on Nucor’s common stock. This cash dividend is payable on November 10, 2015 to stockholders of record on September 30, 2015, and is Nucor’s 170th consecutive quarterly cash dividend.
Nucor Corporation manufactures and sells steel and steel products in the United States and internationally. It operates through three segments: Steel Mills, Steel Products, and Raw Materials. The Steel Mills segment produces and distributes hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; structural steel products comprising wide-flange beams, beam blanks, H-pilings, and sheet pilings; and bar steel products, such as blooms, billets, concrete reinforcing bars, merchant bars, and special bar quality products.
Shares of Alamos Gold Inc. Class A (NYSE:AGI), inclined 6.94% to $4.47, during its current trading session.
Alamos Gold Inc. (AGI) declared the purchase of 8,000,000 common shares (the “Shares”) of AuRico Metals Inc. (“AuRico”), representing about 6.34% of the outstanding common shares of AuRico (the “Transaction”). The Shares are being attained by Alamos by way of private placement at a price of C$0.70 per Share.
Proceeding to the Transaction, Alamos owned directly 5,767,855 common shares of AuRico, which represented about 4.8% of the issued and outstanding common shares of AuRico. Upon completion of the Transaction, Alamos will hold 13,767,855 common shares of AuRico, representing about 10.92% of the issued and outstanding common shares of AuRico.
Alamos carried out the Transaction for investment purposes and may enhance or decrease its investment based on market conditions. AuRico has granted Alamos a right to take part in future financings for a period of two years, subject to certain terms, to maintain its pro-rata interest.
Alamos Gold, Inc. operates as an intermediate gold producer primarily in North America. The company primarily holds a 100% interest in the Young-Davidson gold mine, which comprises mineral leases and claims totaling 11,000 acres in Northern Ontario, Canada. It also owns a 100% interest in the El Chanate mine that comprises 22 mineral concessions covering 4,618 hectares; and the Mulatos Mine in Sonora State, Mexico.
Yelp Inc (NYSE:YELP), during its Tuesday’s current trading session gained 0.64% to $24.36.
Yelp, Inc. (YELP), the company that connects consumers with great local businesses, recently declared that administration will be attending the Deutsche Bank Technology Conference in Las Vegas, NV on Wednesday, September 16, 2015 at 11:40 a.m. PDT.
Yelp Inc. operates a platform that connects people with local businesses in the United States. Its platform covers various local business categories, counting restaurants, shopping, beauty and fitness, arts, entertainment and events, home and local services, health, nightlife, travel and hotel, auto, and others categories. The company provides local advertising services, counting free and paid business listing services to businesses of various sizes, in addition to enable businesses to deliver targeted search advertising to large local audiences through its Website and mobile app.
Finally, Hasbro, Inc. (NASDAQ:HAS), gained 0.25%, to $75.56.
Hasbro, Inc. (NASDAQ:HAS), the Pawtucket School Department, and the City of Pawtucket, RI recently declared a partnership with No Bully®, a non-profit organization that trains schools how to leverage student empathy to stop bullying. With this district-wide program, made possible through the generosity of Hasbro, the city of Pawtucket takes a leadership position in the national fight against bullying. Supported by Hasbro’s long tradition of empowering children and as part of the company’s ongoing effort to promote peace and kindness, Pawtucket is the first district in New England to adopt the No Bully program department wide and declare itself a ‘Bully Free’ city.
The No Bully System®, a proactive step-by-step process and set of interventions to prevent and stop bullying in schools, will be implemented throughout the 2015-2016 school year in all 17 schools across the Pawtucket School Department.
Hasbro, Inc., together with its auxiliaries, provides children’s and family leisure time products and services worldwide. The company’s product offerings comprise various toys comprising boys action figures, vehicles and playsets, girls toys, electronic toys and games, plush products, preschool toys and infant products, electronic interactive products, creative play, and toy-related specialty products. It also offers games comprising board, off-the-board, digital, card, electronic, trading card, and role-playing games.
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