On Tuesday, IAMGOLD Corp (USA) (NYSE:IAG)’s shares declined -4.80% to $2.18.
IAMGOLD Corp (USA) (IAG) reports its financial and operating results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights:
- Attributable gold production and gold sales of 208,000 ozs.
- All-in sustaining costs1– gold mines2 of $1,113/oz.
- Total cash costs1,3– gold mines of $846/oz.
- Cash, cash equivalents and gold bullion (at market value) of $889.1 million at March 31, 2015 contrast to $321.0 million at December 31, 2014.
- Net cash from operating activities of $30.0 million.
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.
LyondellBasell Industries NV (NYSE:LYB)’s shares dropped -3.04% to $101.23.
LyondellBasell Industries NV (LYB) declared that Daniel M. Coombs has been selected to become executive vice president of Intermediates and Derivatives (I&D), with additional responsibility for Supply Chain, Procurement and Technology. Coombs replaces Pat Quarles, who is taking a leadership position at a major U.S. company.
Coombs has been senior vice president of Manufacturing at Chevron Phillips Chemical Company. He has held executive positions there since 2010, counting senior vice president for Specialties, Aromatics and Styrenics, vice president of Corporate Planning and Development, and vice president and deputy general manager for Qatar Chemical Company Limited. He began his career in 1978 at Phillips Chemical, holding a variety of engineering and supervisory positions of increasing responsibility.
LyondellBasell Industries N.V. operates as a manufacturer of chemicals and polymers, refiner of crude oil, producer of gasoline blending components, and developer and licensor of technologies for production of polymers.
At the end of Tuesday’s trade, Mobile TeleSystems OJSC (ADR) (NYSE:MBT)‘s shares dipped -6.87% to $11.53.
Mobile TeleSystems OJSC (ADR) (MBT) declares its unaudited IFRS financial results for the three months ended March 31, 2015.
Key Financial Highlights of Q1 2015
- Merged group revenue raised 2.7% y-o-y to RUB 100.2 bln
- Total revenue in Russia rose 3.6% y-o-y to RUB 90.4 bln
- Mobile service revenue in Russia improved 3.9% y-o-y to RUB 70.5 billion
- Data traffic revenue in Russia grew 26.0% y-o-y to RUB 18.1 bln
- Handset sales raised 1.2% y-o-y to RUB 6.3 bln
- Group Adjusted OBDA down 2.0% to RUB 41.3 bln
- OIBDA in Russia rose 0.9% y-o-y to RUB 38.2 bln
Key Corporate and Industry Highlights
- Won a tender for a nationwide license for the provision of 3G telecommunications services in the 1950-1965 MHz/2140-2155 MHz in Ukraine. The cost of the license amounted to UAH 2.7 bln.
- Launched LTE network in the 1800 MHz range in Moscow and LTE network in the 800 MHz range throughout the Moscow region
- Launched LTE network in the 1800 MHz range in Saint Petersburg and the Leningrad Region
- Launched LTE network in the 1800 MHz range in the Krasnodar region in southern Russia
- Annual dividend recommendation by the MTS Board of RUB 19.56 per ordinary MTS share (RUB 39.12 per ADR), or a total of RUB 40.419 bln based on the full-year 2014 financial results, upon acceptance by the AGM and completion of this payment, MTS will have paid out up to RUB 53.2 bln rubles based on fiscal year 2014 financial results
Mobile TeleSystems OJSC provides telecommunication services in Russia and the Commonwealth of Independent States. It offers a range of mobile and fixed line voice and data telecommunications services, counting data transfer, broadband, pay-TV, and various value-added services, in addition to sells equipment and accessories.
Hampton Roads Bankshares, Inc. (NASDAQ:HMPR), ended its Tuesday’s trading session with -3.70% loss, and closed at $1.82.
Hampton Roads Bankshares, Inc. (HMPR) declared that Alison Terwilliger has joined BHR as a Vice-President and Raleigh Market Commercial Relationship Manager. BHR does business in Raleigh under the “Gateway Bank” brand and the Company’s mortgage partner, Gateway Bank Mortgage, is also headquartered at the Company’s Lake Boone location.
Terwilliger will report to F. Scot McAlexander, Raleigh Market President, and joins Financial Center Manager Katie Sessoms and Assistant Financial Center Manager and Small Business Representative Jose Fuentes in the Lake Boone Financial Center. In this position, Terwilliger shares responsibility for all aspects of commercial banking business growth and development in the Raleigh market.
Hampton Roads Bankshares, Inc. operates as the bank holding company for Bank of Hampton Roads and Shore Bank that provides community and commercial banking services primarily to individuals and small to medium-sized businesses in Virginia, North Carolina, Delaware, and Maryland.
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