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Saturday 5 September 2015
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Friday’s Trade News Analysis on: Fiat Chrysler Automobiles (NYSE:FCAU), Hecla Mining (NYSE:HL), First Niagara Financial Group (NASDAQ:FNFG), Ericsson (NASDAQ:ERIC)

On Friday, Fiat Chrysler Automobiles NV (NYSE:FCAU)’s shares declined -0.32% to $15.59.

FCA Replay” is a weekly recap of what’s happening at Fiat Chrysler Automobiles. This week’s edition comprises: FCA’s preliminary second quarter financial results, an enhance in July sales for FCA US, a new dyno cell and Jack Beckman wins back-to-back.

Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.

Hecla Mining Company (NYSE:HL)’s shares gained 0.93% to $2.17.

Hecla Mining Company (HL) declared that its acquisition of Revett Mining Company, Inc. (Revett) is now complete. The acquisition brings to Hecla the Rock Creek Project, considered to be one of the largest undeveloped silver and copper deposits in North America. Hecla intends to continue to advance its permitting.

Hecla Mining Company, together with its auxiliaries, discovers, acquires, develops, produces, and markets precious and base metal deposits worldwide. The company offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers. It owns 100% interests in the Greens Creek mine located on Admiralty Island in Southeast Alaska; the Lucky Friday unit located in the Coeur d’Alene mining district in northern Idaho; and the Casa Berardi mine located in the Abitibi region of north-western Quebec, Canada. The company was founded in 1891 and is based in Coeur d’Alene, Idaho.

At the end of Friday’s trade, First Niagara Financial Group Inc.v(NASDAQ:FNFG)‘s shares surged 1.25% to $9.72.

First Niagara Financial Group, Inc. (FNFG) declared that the Company’s Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.

The Company’s Board of Directors also declared a quarterly preferred stock dividend of $0.539063 per share on its fixed-to-floating rate perpetual non-cumulative preferred stock, Series B.

Both dividends will be payable on August 17, 2015 to shareholders of record on August 5, 2015.

First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses. The company’s deposit products comprise savings and money market, and certificate of deposit accounts, in addition to municipal deposits. Its loan portfolio comprise commercial business loans; commercial real estate and multi-family lending products; residential real estate lending products; home equity lending products; indirect automobile lending products; credit cards; and other consumer loans, such as personal secured and unsecured loans, and overdraft lines of credit.

Ericsson (ADR) (NASDAQ:ERIC), ended its Friday’s trading session with XXX% gain loss, and closed at $10.38.

Ericsson (ERIC) is extending its long-term partnership with SoftBank Corp., one of Japan`s leading mobile operators, by adding joint field trials of 5G technology in Tokyo. The two companies will cooperate in developing a common understanding of 5G use cases and deployment scenarios, and will evaluate the performance of potential 5G key technology components in joint field trials in addition to to collaborate on 5G research projects.

The joint field trial will demonstrate ultra-high bit rates and ultra-low latency with the Ericsson 5G trial system by using a number of frequency bands.

5G will evolve the entire future communication eco-system, from devices to mobile access, IP core and into the cloud. Ericsson`s latest 5G test network initiatives focus on the interactions between mobile devices and the radio access network, in both indoor and outdoor scenarios.

Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud. This segment offers radio access solutions; IP routing and transport solutions; transmission/backhaul solutions comprising microwave and optical transmission solutions for mobile and fixed networks; IP multimedia subsystem solutions; and operations support systems, in addition to supports operators’ administration of existing networks.

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