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Thursday 8 October 2015
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Trader’s Round Up – The Procter & Gamble Company (NYSE:PG) Teck Resources Limited (NYSE:TCK) The Dow Chemical Company (NYSE:DOW)

On Friday, Shares of The Procter & Gamble Company (NYSE:PG), lost -0.38% to $71.21.

Head & Shoulders®, official shampoo of the National Football League (NFL), declared that New York Giants wide receiver Odell Beckham Jr. is kicking off the season as their newest hair ambassador. Odell joins stepped down Pittsburgh Steeler, Troy Polamalu, whose hair and scalp reached legendary status with Head & Shoulders over the last six years, paving the way for Odell’s hair and scalp – and shoulders – to achieve greatness.

“I’m honored to be chosen as the new Head & Shoulders hair ambassador. It’s an iconic brand that I trust to take care of my hair and scalp. Troy Polamalu and his legendary hair have left a big helmet to fill, but I’m ready to take on this role and join the Head & Shoulders family,” said Beckham Jr.

Recognized for his great football talent, in addition to his iconic hair and unique sense of style, Odell was a natural fit for the brand. Odell rose to superstardom last season, winning Offensive Rookie of the Year and an ESPN ESPY Award for his famed one-handed catch. How is he preparing for his second NFL season? With confidence and no distractions. “Thanks to Head & Shoulders, I know my hair and scalp are healthy, so I can stay focused on the field and perform my best,” said Beckham Jr.

The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.

Shares of Teck Resources Limited (NYSE:TCK), inclined 3.21% to $7.08, during its last trading session.

GOLDCORP INC. and Teck Resources Limited declared a contract to combine their respective El Morro and Relincho projects, located about 40 kilometres apart in the Huasco Province in the Atacama region of Chile, into a single project.

Teck and Goldcorp will contribute their respective project interests into a 50/50 joint venture. The combined project will have the interim name of Project Corridor.

“Combining these two neighboring assets is a common sense approach that allows us to consolidate infrastructure to reduce costs, reduce the environmental footprint and provide greater returns over either standalone project,” said Don Lindsay, President and CEO of Teck. “Through Project Corridor, we will work to establish meaningful relationships with the community; Indigenous Peoples and other stakeholders that will assist guide the project’s development and create greater value for all parties.”

“The combination of El Morro and Relincho is consistent with our focus on maximizing value from our asset portfolio,” said Chuck Jeannes, President, and CEO of Goldcorp. “We now have an improved development approach that we expect to significantly decrease initial capital requirements and improvement financial returns, while ensuring the project is developed in partnership with our neighbors, creating lasting benefits for residents in the region and our shareholders.”

Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, Europe, and Africa. Its principal products comprise copper, counting copper concentrates and cathode copper; steelmaking coal; and refined zinc and zinc concentrates.

Finally, The Dow Chemical Company (NYSE:DOW), ended its last trade with 0.92% gain, and closed at $44.

Dow AgroSciences LLC, a wholly owned partner of The Dow Chemical Company (DOW), has reached a partnership agreement with the Institute of Crop Sciences of the Chinese Academy of Agricultural Sciences (ICS-CAAS). Under the agreement, Dow AgroSciences grants ICS-CAAS a royalty-free, non-transferable research and commercialization license for its proprietary EXZACT™ Precision Genome Editing Technology to be used in rice in China. Dow AgroSciences and ICS-CAAS scientists will collaboratively develop an industry-leading rice genome editing technology platform.

The EXZACT Precision Genome Editing Platform will enable ICS-CAAS scientists to capitalize on their noteworthy investment and technical expertise in rice genomics, transcriptomics, proteomics, and cell biology in addition to accelerate integration of the scientific knowledge generated in rice to rapidly develop valuable products for China. Dow AgroSciences has developed the EXZACT Precision Technology platform under an exclusive license and partnership agreement in plants with Sangamo BioSciences, Inc. Dow AgroSciences and ICS-CAAS scientists will work together to make sure that the expertise and strengths of both parties are best combined to accelerate rice research and product development in China. This is part of Dow AgroSciences’ commitment to providing innovative and sustainable solutions to bolster food security and food safety in China.

ICS-CAAS indicates this partnership is a milestone, which will accelerate the development of rice genome editing technology platform in China. It will have noteworthy impact in developing new agronomic traits in rice.

The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.

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