On Thursday, Skyworks Solutions Inc (NASDAQ:SWKS)’s shares inclined 3.20% to $109.98.
Skyworks Solutions, Inc. (SWKS) an innovator of high performance analog semiconductors connecting people, places and things, recently declared that its Board of Directors has declared a cash dividend of $0.26 per share of the Company’s common stock, representing a 100 percent enhance from the prior quarterly dividend of $0.13 per share. Based on the closing price of Skyworks’ stock on June 17, 2015, the raised dividend represents roughly a one percent yield, or $1.04 per share on an annualized basis. The dividend is payable on August 27, 2015, to stockholders of record as of the close of business on August 6, 2015.
Skyworks Solutions, Inc., together with its auxiliaries, designs, develops, manufactures, and markets analog and mixed signal semiconductors worldwide. Its product portfolio comprises amplifiers, attenuators, battery chargers, circulators, DC/DC converters, demodulators, detectors, diodes, directional couplers, filters, front-end modules, hybrids, infrastructure radio frequency subsystems, isolators, LED drivers, mixers, modulators, optocouplers, optoisolators, phase shifters, phase locked loops/synthesizers/VCOs, power dividers/combiners, power administration devices, receivers, switches, technical ceramics, and voltage regulators.
Progressive Corp (NYSE:PGR)’s shares gained 1.79% to $28.37.
Progressive Corp (PGR) sees good visibility into the pipeline profits and the company’s substantial net unrealized common equity gains a positive position which stood at $1 billion at the end of first quarter 2015, Credit Suisse noted.
The Progressive Corporation, an insurance holding company, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the United States. The company’s property-casualty insurance products protect its customers against losses due to collision and physical damage to their motor vehicles, uninsured and underinsured bodily injury, and liability to others for personal injury or property damage arising out of the use of those vehicles. Its Personal Lines segment writes insurance for personal autos and recreational and other vehicles. Its products comprise personal auto insurance; and special lines products, counting motorcycles, ATVs, RVs, mobile homes, watercraft, and snowmobiles.
At the end of Thursday’s trade, Kythera Biopharmaceuticals Inc (NASDAQ:KYTH)‘s shares surged 0.32% to $74.35.
Kythera Biopharmaceuticals Inc (KYTH) declared that on June 2, 2015, the Compensation Committee of the Company’s Board of Directors granted 50 new employees options to purchase an aggregate of 252,000 shares of the Company’s common stock. The exercise price of each option was $53.26, the closing trading price on the date of grant. The stock options were granted following the Company’s 2014 Employment Commencement Incentive Plan, which was approved by the Company’s Board of Directors in August 2014 under Rule 5653(c)(4) of The Nasdaq Global Select Market for equity grants to induce new employees to enter into employment with the Company.
KYTHERA Biopharmaceuticals, Inc., a clinical-stage biopharmaceutical company, focuses on the discovery, development, and commercialization of prescription products for the aesthetic medicine market in the United States and internationally. Its product candidate ATX-101, is an injectable drug in late-stage clinical development for the reduction of submental fat.
Eldorado Gold Corp (USA) (NYSE:EGO), ended its Thursday’s trading session with 0.48% gain, and closed at $4.21.
Eldorado Gold Corp (USA) (EGO) declared the completion of the Feasibility Study (“FS” or the “Study”) with its wholly owned partner Brazauro Recursos Minerais S/A (Brazauro) for the Tocantinzinho Gold Project (“Tocantinzinho” or the “Project”). The Study was led by an internal team with technical support offered by various Canadian and Brazilian consultants. The Tocantinzinho project is located in the State of Pará, Northern Brazil .
Highlights
- 7 million oz of gold produced over the life of the project
- Using conventional open pit mining methods, mining a total of 41.1 million tonnes (Mt) of ore with a strip ratio of 3.5:1 over the mine life.
- Recoveries of 90.1% for primary ore and 75.0% for saprolite ore, utilizing a simple comminution, flotation and leaching process.
- Initial capital cost estimated at $466 million and sustaining capital, counting closure costs, estimated at $64 million .
- Cash operating costs of $572 /oz.
- Generation of a positive NPV of $245 million at a 5% discount rate and an IRR of 13.5%.
Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania. It also explores for iron, silver, lead, zinc, and copper ores. The company was formerly known as Eldorado Corporation Ltd. and changed its name to Eldorado Gold Corporation in April 1996. Eldorado Gold Corporation was founded in 1992 and is headquartered in Vancouver, Canada.
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