Search
Saturday 3 October 2015
  • :
  • :
Latest Update

Pre-Market Stocks Recap: CNO Financial Group (NYSE:CNO), Monster Worldwide, (NYSE:MWW), Mastercard (NYSE:MA), Agnico Eagle Mines (NYSE:AEM)

On Thursday, CNO Financial Group Inc (NYSE:CNO)’s shares declined -6.22% to $17.80.

CNO Financial Group Inc (CNO) declared that John Kline, Senior Vice President and Chief Accounting Officer, and Erik Helding, Senior Vice President, Treasury and Investor Relations, have been designated to oversee the financial operations of the Company on an interim basis until a successor to Chief Financial Officer Frederick J. Crawford is named. Mr. Crawford has resigned, effective right away, to accept another employment opportunity. Messrs. Kline and Helding will report directly to Ed Bonach, Chief Executive Officer of CNO, and will also continue to perform their current duties during the interim period. The Company is launching a search of both internal and external candidates to identify a new CFO.

CNO Financial Group, Inc., through its auxiliaries, develops, markets, and administers health insurance, annuity, individual life insurance, and other insurance products for senior and middle-income markets in the United States. Its Bankers Life segment markets and distributes Medicare supplement insurance, interest sensitive and traditional life insurance, fixed annuities, and long term care insurance products; Medicare advantage plans primarily through distribution arrangements with Humana, Inc. and United HealthCare; and Medicare Part D prescription drug plans through a distribution and reinsurance arrangement with Coventry Health Care.

Monster Worldwide, Inc. (NYSE:MWW)’s shares gained 14.07% to $6.89.

Monster Worldwide, Inc. (MWW) stated financial results for the second quarter and six months ended June 30, 2015.

During the quarter, we had a number of important business highlights counting:

  • “All the Jobs” strategy accelerates new Monster membership with 20% sequential growth
  • Monster Social Job Ads expands into Europe, building on strong US launch in Q1
  • New social recruitment solutions gain traction globally, with raised usage of Monster Twitter Cards, Talent CRM and TalentBin
  • Monster brand has been revitalized, enabling Company to enhance penetration into the critical Millennial audience

Second Quarter 2015 Results

Revenue of $180 million reduced 2% at constant currency contrast to last year’s second quarter and 7% at actual rates. Revenue in the second quarter of 2014 was $194 million. Revenue from the Company’s Careers – North America operations reduced 5% year-over-year. Revenue from Careers – International raised 3% at constant currency year-over-year and reduced 11% at actual rates. As of the first quarter of 2015, Internet Advertising & Fees revenue and operating results are being stated within the Careers – North America segment. Historical quarterly revenue data is accessible in the Company’s supplemental financial information.

Monster Worldwide, Inc., together with its auxiliaries, provides online and mobile employment solutions worldwide. The company operates in three segments: Careers-North America, Careers-International, and Internet Advertising & Fees. Its services and solutions comprise searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; Twitter Cards and social job distribution; social profile aggregation; and other career-related content.

At the end of Thursday’s trade, Mastercard Inc (NYSE:MA)‘s shares surged 1.76% to $98.43.

MasterCard and Samsung Electronics Co., Ltd declared they are extending their global partnership leveraging the MasterCard Digital Enablement Service (MDES) to deliver Samsung Pay in Europe. Samsung Pay is a mobile payment service that will enable consumers to use their Samsung flagship mobile devices to make every day in-store purchases at contactless and magnetic stripe terminals leveraging NFC and MST technologies.

MasterCard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company facilitates the processing of payment transactions, counting authorization, clearing, and settlement, in addition to delivers related products and services. It also offers value-added services, such as loyalty and reward programs, and information and consulting services.

Agnico Eagle Mines Ltd (USA) (NYSE:AEM), ended its Thursday’s trading session with -7.45% loss, and closed at $21.63.

Agnico Eagle Mines Limited (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)

New gold structure confirmed north of Whale Tail deposit at Amaruq - New mineralized structure about 100 meters north of the Whale Tail deposit, counting 6.1 g/t gold (capped) over 4.0 meters at 284 meters depth and 9.7 grams g/t gold (capped) over 3.8 meters at 306 meters depth (hole AMQ15-177).

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 metres 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 - Pe a 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. The company’s flagship property comprises the LaRonde mine, which comprises a 100% owned LaRonde property that comprises of 36 contiguous mining claims and 1 provincial mining lease covering 1,047.4 hectares; El Coco property, which comprises 22 contiguous mining claims and 1 provincial mining lease comprising 356.7 hectares; and Terrex property that comprises 21 mining claims and 1 provincial mining lease covering 424.4 hectares, in addition to 3 surface rights leases covering in total of about 303.6 hectares in northwestern Quebec.

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 *