Search
Friday 16 October 2015
  • :
  • :

Mix Active Stocks Buzz: Walt Disney Co (NYSE:DIS), BP plc (ADR) (NYSE:BP), IAMGOLD Corp (USA) (NYSE:IAG)

On Friday, Shares of Walt Disney Co (NYSE:DIS), gained 0.97% to $105.62.

Disney Consumer Products and Interactive Media and Hasbro, launched Playmation Marvel’s Avengers – the next step in the evolution of play. The groundbreaking system of connected toys and wearables fuses technology and digital storytelling to create a completely new category of play. Hitting shelves across the U.S. and Canada for the first time recently, the new toy/game hybrid aims to inspire both kids and parents to get active and creative at playtime.

Dreamed up by a team of technologists, Imagineers and storytellers from across The Walt Disney Company, Playmation is the culmination of extensive research into the world of play, highlighting the opportunity for a new type of experience that combines digital technology and physical, real-world play.

The online study of 2,000 families across the country confirms that almost all parents believe active playtime is essential to their child’s healthy development, and three say that using technology is a favorite way for their child to play. Four out of five parents say their children are more likely to engage with a game if technology is involved, and nine out of ten are open to new technologies that encourage their kids to be more active.

The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.

Shares of BP plc (ADR) (NYSE:BP), declined - 2.30% to $35.96, during its last trading session.

The stock was trading on above-average volume. The stock traded at a volume of 8,812,000 shares. The share price is now down -8.51% for the past three months. Latest closing price was 8.80% above its 50-day moving average and -4.58% below its 200-day moving average.

BP p.l.c. operates as an integrated oil and gas company worldwide. It operates in three segments: Upstream, Downstream, and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development, and production; midstream transportation, and storage and processing; and marketing and trade of natural gas, counting liquefied natural gas (LNG), and power and natural gas liquids (NGL).

Finally, IAMGOLD Corp (USA) (NYSE:IAG), ended its last trade with 3.51% gain, and closed at $1.91.

IAMGOLD Corporation, declared that the company has started a process to reduce by 10% the number of employees at its Rosebel Gold Mines in Suriname. Over the past two years IAMGOLD has reduced overall costs by about $175 million and improved productivity at its mines, resulting in a drop of the Company’s all-in sustaining costs (“AISC”) at its gold mines by $120 per ounce since Q2 2013. The current gold price environment requires Rosebel to initiate further action and adjust the size of its employee base accordingly.

President and CEO of IAMGOLD, Steve Letwin, commented, “We are taking further steps to reduce costs and capital expenditures to continue to strengthen our financial position during a period of weak and uncertain market conditions. While we have strived to avoid impacting jobs at the operations, this is a necessary step for the long-term viability of the Rosebel mine for the mutual benefit of Suriname, the employees and our investors. On behalf of IAMGOLD and the Board of Directors, I express appreciation to all of our employees at Rosebel for their hard work and commitment in these challenging times.”

IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, in addition to exploration and development projects located in Africa, South America, and Canada.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *