On Friday, Shares of Sunedison Inc (NYSE:SUNE), gained 14.72% to $8.26.
Four people were injured Friday in a fire at a SunEdison-owned plant in Pasadena, Texas, the company said in a statement, according to Bloomberg.
The injuries aren’t life-threatening, said SunEdison spokesman Gordon Handelsman, who added that the fire had been extinguished. Representatives of the Pasadena Volunteer Fire Department didn’t return a call seeking comment. The names of the people haven’t been revealed.
The plant makes high-purity polysilicon for solar cells and semiconductor circuits.Bloomberg Reports
SunEdison, Inc. (SunEdison) is a developer and seller of photovoltaic energy solutions, an owner and operator of clean power generation assets, and a developer and manufacturer of silicon wafers.
Shares of Oracle Corporation (NYSE:ORCL), inclined 1.74% to $36.87, during its last trading session.
Oracle Corporation - Growing security concerns, more stringent regulatory requirements and the costs and time required for each financial transaction are driving noteworthy changes to the global payments space. Global transactions innovator, Saxo Payments, is meeting these challenges head on with Saxo Payments Banking Marketplace, a solution that empowers FinTech businesses to deliver instant and low-cost cross border payments capabilities to their merchant clients. Saxo Payments, a partner of Saxo Bank, selected Oracle FLEXCUBE on Oracle Managed Cloud Services as the foundation for this new service.
International payments and money transfers add noteworthy costs to businesses operating in the global marketplace. Few players in the payments space have a truly global reach underpinned by a global account infrastructure and a specific focus on the FinTech industry participants and its merchants.
Saxo Payments is challenging the status quo with the launch of Saxo Payments Banking Marketplace. The new offering enables FinTech businesses, counting banks and payment service providers (PSPs), to deliver immediate transfers to bank accounts worldwide at very low costs — a compelling competitive advantage for these organizations and their merchant clients looking to expand rapidly to new markets.
Oracle Corporation (Oracle) is a provider of enterprise software and computer hardware products, and services. The Company’s offerings include Oracle database and middleware software, application software, cloud infrastructure, hardware systems including computer server, storage and networking products, and related services.
Shares of American Airlines Group Inc (NASDAQ:AAL), declined -1.45% to $38.63, during its last trading session.
American Airlines Group, and the Communications Workers of America and International Brotherhood of Teamsters (CWA-IBT) have reached a tentative agreement on a new joint collective bargaining agreement. The CWA-IBT represents American Airlines gate and ticket agents, Premium Service representatives, Reservations representatives and Travel CeWebsite - http://www.aa.comnter representatives.
“Today’s tentative agreement provides noteworthy pay raises to our team members, while preserving jobs and facilitating growth,” said Kerry Philipovitch, senior vice president – Customer Experience. “Our agents and representatives have played a critical role in our integration and we thank them for the superior service they provide to our customers every day. We would also like to thank the CWA-IBT for their professionalism and for advocating for their members, and to both negotiating teams for their dedication and hard work toward reaching a contract.”
The CWA-IBT will share details of the tentative agreement directly to their membership.
American Airlines Group Inc. (AAG) is a holding company and its wholly-owned subsidiaries include American Airlines, Inc. (American), US Airways Group, Inc. (US Airways Group) and Envoy Aviation Group Inc. (Envoy). US Airways Group’s principal subsidiary include US Airways, Inc.
Finally, Hecla Mining Company (NYSE:HL), ended its last trade with 7.37% gain, and closed at $2.04.
Hecla Mining Company, declared recently that a wholly owned partner of Hecla (“Hecla Sub”) has reached a credit agreement (the “Credit Agreement”) with Dolly Varden Silver Corporation (“Dolly Varden”) and another noteworthy shareholder of Dolly Varden, Robert L. Gipson, as lenders (the “Lenders”) providing for a senior, non-revolving secured loan (the “Loan”) of CDN$1,500,000. Following the Credit Agreement, Hecla Sub will act as agent on behalf of the Lenders and the Lenders have severally and not jointly agreed to advance CDN$750,000 each to Dolly Varden. An additional CDN$500,000 may be made available to Dolly Varden in the discretion of the Lenders, and in that event, each Lender will have the option to advance its pro rata share of such additional amount. The net proceeds of the Loan will be used by Dolly Varden for: (i) exploration of the Dolly Varden project in north-western British Columbia; and (ii) working capital purposes.
Following the Credit Agreement, the Loan will be secured by promissory notes and first ranking security over all of Dolly Varden’s assets. The Loan will bear interest at a rate of 5% per annum, will be repayable after one year and may be repaid earlier with no penalty.
Hecla Mining Company is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Company operates in three segments: the Greens Creek, Lucky Friday, and Casa Berardi units.
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