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Tuesday 21 April 2015
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Stock’s Downfall: RPC, (NYSE:RES), Arch Coal (NYSE:ACI), Bloomin’ Brands (NASDAQ:BLMN), Hecla Mining Company (NYSE:HL)

On Monday, RPC, Inc. (NYSE:RES)’s shares declined -2.82% to $14.45, after the news that RPC declared that it will release its financial results for the first quarter ended March 31, 2015 on Wednesday, April 29, 2015 before the market opens. In conjunction with its earnings release, the Corporation will host a conference call to review the Corporation’s financial and operating results on Wednesday, April 29, 2015 at 9:00 a.m. Eastern Time.

RPC, Inc. provides a range of oilfield services and equipment for oil and gas companies involved in the exploration, production, and development of oil and gas properties in the United States, Africa, Canada, China, Eastern Europe, Latin America, the Middle East, and New Zealand.

Arch Coal Inc (NYSE:ACI)’s shares dropped -2.80% to $1.04, during the last trading session on Monday, as Arch Coal, will talk about its first quarter 2015 financial results in a conference call that will be webcast live on Tuesday, April 21 at 10:00 a.m. Eastern time. Participating on the call will be Arch President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior Vice President and Chief Financial Officer John T. Drexler.

Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.

At the end of Monday’s trade, Bloomin’ Brands Inc (NASDAQ:BLMN)‘s shares dipped -2.77% to $22.95, as Bloomin’ Brands, will release results for the fiscal first quarter ended March 29, 2015, on Tuesday, May 5, 2015, at about 7:00 AM EDT, which will be followed by a conference call to review its financial results at 9:00 AM EDT the same day.

Bloomin’ Brands, Inc., through its auxiliaries, owns and operates casual, upscale casual, and fine dining restaurants primarily in the United States. The corporation operates restaurants under various concepts, counting Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill, an upscale casual seafood restaurant; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse.

Hecla Mining Company (NYSE:HL), ended its Monday’s trading session with -2.74% loss, and closed at $3.19, as Hecla Mining Corporation, declared preliminary production results¹ for the first quarter 2015.

FIRST QUARTER 2015 HIGHLIGHTS (Comparisons to Q1 2014)

Silver production of 2.9 million ounces, a 16% raise.

Gold production of 40,651 ounces, a 12% decrease.

Silver equivalent production of 8.7 million ounces, a 1% decrease.

Lead production raised 3% and zinc production reduced 6%.

Cash and cash equivalents of about $194 million as of March 31, 2015.

Hecla Mining Corporation, together with its auxiliaries, discovers, attains, develops, produces, and markets precious and base metal deposits worldwide. The corporation offers unrefined gold and silver bullion bars to precious metals traders; and lead, zinc, and bulk concentrates to custom smelters and brokers.

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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.

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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.

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