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Saturday 27 June 2015
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Pre-Market Stocks Roundup: Ventas, (NYSE:VTR), Eldorado Gold (NYSE:EGO), Discovery Communications (NASDAQ:DISCA), Iron Mountain (NYSE:IRM)

On Wednesday, Ventas, Inc. (NYSE:VTR)’s shares declined -0.94% to $62.99.

Ventas, Inc. (VTR) declared that it will issue its second quarter 2015 earnings release prior to the opening of trading on the New York Stock Exchange on Friday, July 24, 2015. A conference call to talk about those earnings will be held the same day at 10:00 a.m. Eastern Time (9:00 a.m. Central Time).

The dial-in number for the conference call is (877) 474-9505 (or (857) 244-7558 for international callers), and the participant passcode is “Ventas.” The call will also be webcast live by NASDAQ OMX and can be accessed at the Company’s website at www.ventasreit.com. A replay of the call will be accessible at the Company’s website, or by calling (888) 286-8010 (or (617) 801-6888 for international callers), passcode 84642312, starting on July 24, 2015, at about 2:00 p.m. Eastern Time and will remain accessible for 35 days.

Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada. The firm primarily invests in healthcare-related facilities counting hospitals, skilled nursing facilities, senior housing facilities, medical office buildings, and other healthcare related facilities. Ventas, Inc. was founded in 1983 and is based in Chicago, Illinois with additional offices in Irvine, California; Louisville, Kentucky; Charlotte, North Carolina; and Dallas, Texas.

Eldorado Gold Corp (USA) (NYSE:EGO)’s shares gained 0.48% to $4.16.

Eldorado Gold Corporation (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

At the end of Wednesday’s trade, Discovery Communications Inc. (NASDAQ:DISCA)‘s shares dipped -0.85% to $33.75.

Discovery Communications Inc. (DISCA) and 3M have declared that 10 students from across the country have been named finalists in the 2015 Discovery Education 3M Young Scientist Challenge for their use of scientific thinking and imagination to dream up a solution to an everyday problem that could ultimately reshape the way we live our lives.

After submitting a short video communicating the science behind a possible solution to an everyday problem, these young scientists rose to the top of the competition due to their science acumen, innovative thinking and exceptional communication skills demonstrated in their entry videos.

Discovery Education and 3M are proud to declare the following 10 finalists (in alphabetical order)*:

  • Peter Finch, Harrisville, R.I., Homeschool
  • Arthur Frigo, III, Jupiter, Fla., Turtle River Montessori
  • Raghav Ganesh, San Jose, Calif., Joaquin Miller Middle School, Cupertino Union School District
  • Amulya Garimella, Pittsburgh, Pa., Dorseyville Middle School, Fox Chapel Area School District
  • Iris Gupta, North Potomac, Md., Robert Frost Middle School, Montgomery County Public Schools
  • Hannah Herbst, Boca Raton, Fla., Alexander D. Henderson University School, Florida Atlantic University Schools

Each finalist will now have the exclusive opportunity to work directly with a 3M Scientist during a unique summer mentorship program, where they will be challenged to develop an innovation that positively impacts them, their family, their community or the global population. As part of the world-renowned program, students will meet virtually with their mentors, who will provide guidance as the finalist develops his or her idea from a concept into an actual prototype. Throughout the program, each student will have access to resources and support offered by 3M and Discovery Education. Students will then present their inventions during the competition’s final event at the 3M Innovation Center in St. Paul, Minn. October 12th and 13th.

Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.

Iron Mountain Inc (NYSE:IRM), ended its Wednesday’s trading session with -2.82% loss, and closed at $31.65.

Iron Mountain Inc (IRM) declared the results of the landmark studyi, “Mining for Insight: Rediscovering the Data Archive,” an IDC white paper, sponsored by Iron Mountain. The results confirm every executive’s worst nightmare: Organizations of all sizes and across industries are drowning in data, unable to effectively mine their data archives for key insights that could ultimately improve business outcomes. However, the findings also indicate that a subset of organizations are in fact successfully leveraging their data archives and the benefits are impressive – as much as an additional $10M in revenue from streamlined IT and customer service operations.

The research reveals that organizations with a well-defined data archive process stand to realize value from two potential avenues: cost savings and added revenue from monetizing archives. On the savings front, more than half of the organizations polled realized $1M or more in savings over the past year from risk mitigation and avoidance of litigation, with the top 21 percent reporting savings of more than $10M. Similarly, 44 percent of organizations reaped $1M or more in savings stemming from reduced operational or capital costs, with the top 18 percent capturing more than $10M.

More striking is an organization’s ability to draw new revenue from an effectively managed data archive. While 39 percent of companies surveyed benefited from an additional $1M or more in revenue, the top 15 gained more than $10M. On average, companies polled saw an additional $7.5M in new revenue streams from their data archive.

Iron Mountain Incorporated, a real estate investment trust, provides storage and information administration services in North America, Europe, Latin America, and the Asia Pacific. It operates through North American Records and Information Administration Business, North American Data Administration Business, Western European Business, Other International Business, and Corporate and Other Business. The company provides storage services for paper documents and other media, such as microfilm and microfiche, master audio and videotapes, film, X-rays, and blueprints, counting healthcare information services, vital records services, and service and courier operations, in addition to the collection, handling, and disposal of sensitive documents for corporate customers.

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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.

 




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