On Friday, Teekay Tankers Ltd. (NYSE:TNK)’s shares declined -0.40% to $7.51.
Teekay Tankers Ltd. (TNK) declared that Peter Evensen, Teekay Corporation’s (TK) President and Chief Executive Officer, has rejoined Teekay Tankers’ Board of Directors. Mr. Evensen formerly served as a Director of Teekay Tankers from October 2007 to June 2013.
Teekay Tankers Ltd. is engaged in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers worldwide. As of December 31, 2014, it owned 27 double-hulled conventional oil tankers, time-chartered in 8 Aframax tankers, and 4 long range 2 product tankers from third parties; and owned a 50% interest in 1 very large crude carrier. The company was founded in 2007 and is headquartered in Hamilton, Bermuda.
Fulton Financial Corp (NASDAQ:FULT)’s shares dropped -0.82% to $13.24.
Fulton Financial Corp (FULT) declared the pricing of its formerly declared public offering of $150 million aggregate principal amount of its 4.50% Subordinated Notes due 2024 (CUSIP No. 360271 AJ9) (the “Subordinated Notes”) in a reopening of its existing series of such notes. The price to the purchasers was 99.708% of the principal amount of the Subordinated Notes representing a yield-to-maturity of 4.538%. The Subordinated Notes, which will not be redeemable prior to their maturity, are intended to qualify as Tier 2 capital for regulatory purposes.
Sandler O’Neill + Partners, L.P. and Keefe, Bruyette & Woods, Inc. are acting as the joint book-running managers for the offering.
Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts.
At the end of Friday’s trade, Agnico Eagle Mines Ltd (USA) (NYSE:AEM)‘s shares dipped -0.99% to $30.89.
Agnico Eagle Mines Ltd (USA) (AEM) report additional results from the 2015 Phase 1 exploration program at the Amaruq gold project in Nunavut, northern Canada. The Company last stated results from this project in its news release dated April 30, 2015. The Company is also reporting its initial drill results from the El Barqueno project in west-central Mexico, which was attained in November 2014. In addition, the acquisition of Soltoro Ltd. has closed.
Highlights comprise:
- Drilling at Amaruq has filled in the gap under Whale Lake with noteworthy gold grades and good widths- Drilling at Whale Tail under Whale Lake continued to intersect high-grade gold over noteworthy widths, counting 19.8 grams per tonne (“g/t”) gold (capped) over 5.0 meters at 130 meters depth (hole AMQ15-187), and 15.9 g/t gold (capped) over 14.6 meters at 126 meters depth (hole AMQ15-181)
- El Barqueno - Azteca and Angostura mineralization extended by drilling- Infill drilling at Azteca yielded 4.02 g/t gold, 4.01 g/t silver and 0.03% copper (uncapped) over 12.2 meters at 31 meters depth (hole BDD0119). Angostura is being extended to the southwest and deeper, counting the BRQ15-153 intercept of 1.93 g/t gold, 5.84 g/t silver and 0.04% copper (uncapped) over 5.9 meters at 217 meters below surface.
- El Barqueno - Peña de Oro prospect extended to southwest by drilling- Hole BRQ15-148 intersected 3.95 g/t gold, 15.65 g/t silver and 1.34% copper (uncapped) over 9.6 meters at 135 meters below surface, suggesting continuity of mineralization to the southwest.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties. It primarily explores for gold, in addition to for silver, copper, zinc, and lead.
StemCells Inc (NASDAQ:STEM), ended its Friday’s trading session with -0.99% loss, and closed at $0.703.
StemCells Inc (STEM) has been on the move lately as the stock has risen by 20% in the past four weeks, and it is presently trading well above its 20-Day SMA.
While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on STEM is moving in the right direction. In fact, the stock presently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company.
StemCells, Inc., a biopharmaceutical company, researches, develops, and commercializes cell-based therapeutics and related technologies for stem cell-based research and drug discovery and development. It engages in clinical development of its platform technology, HuCNS-SC, a purified human neural stem cells used as a potential treatment for disorders of the central nervous system.
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