On Thursday, IAMGOLD Corp (USA) (NYSE:IAG)’s shares inclined 0.22% to $2.25.
IAMGOLD Corp. (IAG) offered an update from its ongoing exploration program at its optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada . The company is reporting assay results from the 2015 winter diamond drilling program accomplished in April and totaling 7,782 metres from 21 diamond drill holes.
The 2015 winter drilling program was designed to evaluate priority targets identified from a target generation exercise accomplished over the entire property and take advantage of winter access conditions. Target areas evaluated comprised of: the west limb of the prominent folded unit along which new gold showings were identified in 2014; the south-west and north-east strike extensions of the 325-Megane Zone and the structural corridor referred to as the Monster Lake Shear Zone (“MLSZ”); in addition to the Zone 52 and Eratix prospect areas. A few of the holes were drilled to better delineate the 325-Megane Zone.
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. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Danaher Corporation (NYSE:DHR)’s shares gained 0.03% to $85.44.
Danaher Corporation (DHR) declared that it has amended and extended by one business day its offer to exchange all outstanding common units of Potomac Holding LLC, a Danaher partner formed to hold Danaher’s Communications business, for outstanding shares of Danaher common stock that are validly tendered and not validly withdrawn. The split-off transaction is in connection with the formerly declared combination of Danaher’s Communications business with NetScout Systems, Inc. (NTCT).
Danaher is amending the offer by:
- increasing the upper limit on the exchange ratio to 2.4000 Potomac Holding LLC common units per share of Danaher common stock tendered from 2.2522 Potomac Holding LLC common units per share of Danaher common stock tendered; however, the final exchange ratio may be less than the upper limit;
- extending the Exchange Offer’s expiration to 12:00 midnight, New York City time, on July 9, 2015, unless extended or terminated, from July 8, 2015; and
- amending the current predictable three-day period over which the final exchange ratio will be determined to July 7, 8 and 9, 2015 (which formerly was predictable to be July 6, 7 and 8, 2015).
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment. Its Environmental segment offers instrumentation and disinfection systems to analyze and manage the quality of water; and solutions and services focused on fuel dispensing, remote fuel administration, point-of-sale systems, payment systems, environmental compliance, vehicle tracking, and fleet administration.
At the end of Thursday’s trade, Barclays PLC (ADR) (NYSE:BCS)‘s shares dipped -0.03% to $17.15.
While European leaders and Greek politicians struggle to reach a contract and stave off default, a new Barclays survey shows that investors are remarkably complacent when it comes to the potential impact of a “Grexit.”
According to the survey of nearly 900 investors, conducted by Barclays from June 10 to June 17, fewer than 20 percent of respondents thought a departure by Greece from the euro zone would be bad for wider markets.
So if not Greece, what do these investors actually think is the biggest risk to global markets?
It turns out many are worried about China and emerging markets, as growth in the region is slowing and stocks are pulling back. The Shanghai Composite Index fell roughly 13 percent last week, its biggest weekly drop in more than three years. About 16 percent of respondents to the Barclays survey cited persistent worries over worsening market liquidity, while 13 percent viewed policy withdrawal by the Federal Reserve as the main risk.
Elsewhere in the survey, investors appear bullish on stocks and bearish on bonds. A large majority called for equities to perform best over the next three months, with fixed income seeing the least number of bulls.
Barclays PLC, through its auxiliaries, provides various financial products and services worldwide. It offers personal and corporate banking, mortgage, and wealth and investment administration services to individuals and businesses; consumer payments products and services to consumers and merchants; and retail and business banking, corporate and investment banking, and wealth administration and insurance services.
Mead Johnson Nutrition CO (NYSE:MJN), ended its Thursday’s trading session with -0.84% loss, and closed at $91.05.
Mead Johnson Nutrition CO (MJN) declared that its board of directors has declared a regular quarterly dividend of $0.4125 per share for the quarter ending June 30, 2015.
The dividend will be paid on July 2, 2015, to shareholders of record at close of business on June 22, 2015.
Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, childrens nutrition, and other nutritional products. It offers routine infant formula products as a breast milk substitute for healthy infants for the use as the infant’s source of nutrition, in addition to a supplement to breastfeeding under the Enfamil Premium, Enfapro Premium, Enfamil A+, and Enfalac A+ names; and solutions products to address common feeding tolerance problems, counting spit-up, fussiness, gas, and lactose intolerance under the Enfamil Gentlease and Enfamil A.R names.
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