During Wednesday’s Current trade, Shares of Compania de Minas Buenaventura SAA (ADR) (NYSE:BVN), lost -0.39% to $7.76.
Compañía de Minas Buenaventura S.A.A. (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly traded, precious metals mining company declared preliminary 2Q15 production results and 2015 operating guidance.
Company Description
Compañía de Minas Buenaventura S.A.A. is Peru’s largest, publicly traded precious metals Company and a major holder of mining rights in Peru. The Company is engaged in the mining, processing, development and exploration of gold and silver and other metals via wholly owned mines, in addition to through its participation in joint exploration projects.
Buenaventura presently operates several mines in Peru (Orcopampa*, Uchucchacua*, Breapampa*, Mallay*, Julcani*, El Brocal, La Zanja and Coimolache) and is developing the Tambomayo and San Gabriel Projects.
The Company owns 43.65% of Minera Yanacocha S.R.L (a partnership with Newmont Mining Corporation), an important precious metal producer and 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer.
Compañía de Minas Buenaventura S.A.A., a precious metals company, engages in the exploration, mining, and processing of gold, silver, lead, zinc, and copper metals in Peru. The company operates five directly operating mining units, counting Uchucchacua, Orcopampa, Julcani, Mallay, and Breapampa; and two mining unites that are under development stage comprising Tambomayo and San Gabriel.
Shares of Owens Corning (NYSE:OC), inclined 1.85% to $43.96, during its current trading session.
Owens Corning (OC) stated merged net sales of $1.41 billion in the second quarter of 2015, up from $1.36 billion in 2014.
Second-quarter 2015 adjusted earnings were $93 million, or $0.79 per diluted share, up from the adjusted earnings of $45 million, or $0.38 per diluted share, in the same period last year. Net earnings in the second quarter of 2015 were $91 million, or $0.77 per share, contrast to second-quarter 2014 net earnings of $21 million, or $0.18 per diluted share. (See Table 3 for a talk aboution and reconciliation of these items.)
Owens Corning, together with its auxiliaries, produces and sells glass fiber reinforcements and other materials for composite systems; and residential and commercial building materials worldwide. It operates in three segments: Composites, Insulation, and Roofing. The Composites segment manufactures, fabricates, and sells glass reinforcements in the form of fiber; and manufactures and sells glass fiber products in the form of fabrics, mat, veil, and other specialized products. Its products are used in pipe, roofing shingles, sporting goods, consumer electronics, telecommunications cables, boats, aircraft, defense, automotive, industrial containers, and wind-energy applications in the power and energy, housing, water distribution, industrial, transportation, consumer, and aerospace/military markets.
Continental Resources, Inc. (NYSE:CLR), during its Wednesday’s current trading session decreased -0.96% to $35.25.
Continental Resources, Inc. (CLR) plans to declare second quarter 2015 earnings on Wednesday, August 5, 2015 following the close of trading on the New York Stock Exchange. The Company plans to host a conference call to talk about second quarter 2015 results on Thursday, August 6, 2015 at 12:00 p.m. ET (11:00 a.m. CT). Those wishing to listen to the conference call may do so via the Company’s website at www.CLR.com or by phone:
Continental Resources, Inc. explores, develops, and produces crude oil and natural gas properties in the north, south, and east regions of the United States. The company sells its crude oil production to end users, in addition to midstream marketing companies or crude oil refining companies at the lease. As of December 31, 2014, its estimated proved reserves were 1,351 million barrels of crude oil equivalent (MMBoe), with estimated proved developed reserves of 502 MMBoe. Continental Resources, Inc. was founded in 1967 and is headquartered in Oklahoma City, Oklahoma.
Finally, Merged Edison, Inc. (NYSE:ED), gained 0.81%, to $61.98.
Merged Edison, Inc. (Con Edison) (ED) declared a quarterly dividend of 65 cents a share on its common stock, payable September 15, 2015, to stockholders of record as of August 19, 2015.
Merged Edison, Inc. is one of the nation’s largest investor-owned energy companies, with about $13 billion in annual revenues and $44 billion in assets. The company provides a wide range of energy-related products and services to its customers through the following auxiliaries: Merged Edison Company of New York, Inc., a regulated utility providing electric, gas, and steam service in New York City and Westchester County, New York; Orange and Rockland Utilities, Inc., a regulated utility serving customers in a 1,350 square mile area in southeastern New York state and adjacent section of northern New Jersey and northeastern Pennsylvania; Merged Edison Solutions, Inc., a retail energy supply and services company; Merged Edison Energy, Inc., a wholesale energy services company; and Merged Edison Development, Inc., a company that develops, owns and operates renewable and energy infrastructure projects.
Merged Edison, Inc., through its auxiliaries, engages in regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to about 3.4 million customers in New York City and Westchester County; gas to about 1.1 million customers in Manhattan, the Bronx, and parts of Queens and Westchester County; and steam to about 1,700 customers in parts of Manhattan.
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