On Wednesday, Shares of Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), lost -2.15% to $7.27.
Silver Standard Resources, declares that its Marigold mine passed a major milestone with the production of its three millionth ounce of gold on October 6, 2015 . The Marigold mine has been in continuous operation since 1988 and is forecast to produce between 195,000 and 205,000 ounces of gold this year at cash costs below $750 per ounce.
Paul Benson , President and CEO said, “Three million ounces of gold from continuous production at Marigold is a testament to the scale and quality of the deposit and the commitment of the Marigold team. Since the mine began operating in 1988, it has compriseently replaced Mineral Reserves and Mineral Resources and recently it has similar mine life as when it opened. We are advancing several exploration targets and the Marigold assay program, which have the potential to improvement production throughout the planned mine life and to add to Mineral Resources. The team remains focused on efficient, reliable and safe production at the lowest possible cost and we continue to advance our exploration and operational excellence programs to drive shareholder value.”
Silver Standard Resources Inc. engages in the acquisition, exploration, development, and operation of precious metal mineral properties in the Americas. The company primarily explores for silver, gold, zinc, and lead deposits.
Shares of Garmin Ltd. (NASDAQ:GRMN), inclined 1.13% to $34.10, during its last trading session.
Garmin International Inc., declared updates to Garmin Connect Mobile, an intuitive application where Garmin users can easily find the information, data and features that are important to them. With this update, the app now has a modern and colorful design, with a new graphical interface that can be tailored to the user based on individual interests. Whether users are training for a marathon, trying to fit in more steps throughout the day or working to improve their golf game, Garmin Connect Mobile will show the most important and relevant data to meet their needs.
“We’re excited to bring a new look and feel to the Garmin Connect Mobile app,” said Dan Bartel, Garmin vice president of worldwide sales. “The new interface and customization options make it easy for users to focus on their personal wellness aims and milestones, no matter what Garmin device they’re using or where they are on their journey to a healthier and more active lifestyle. With the revamped Garmin Connect Mobile, results have never looked better.”
Assisting keep users on track with their health and wellness aims daily and over time, the new and easy-to-navigate look and feel will comprise daily snapshots, a calendar, leader boards and a newsfeed for optimum user experience and engagement. The new interface can be tailored to the individual user for easy access to data that’s most relevant to the user. Users can select their own snapshots (or dashboards) that allow them to focus on their aims and interests, ranging anywhere from increasing daily steps, getting a better night’s sleep or training for an forthcoming race. At a glance, Garmin Connect Mobile users are able to track their progress and get valuable insight into their activities with metrics that matter.
Garmin Ltd., together with its auxiliaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness.
Finally, Shares of M&T Bank Corporation (NYSE:MTB), ended its last trade with -1.12% loss, and closed at $115.17.
M&T Bank Corporation, declared that it has declared a quarterly cash dividend of $.70 per share on its common stock. The dividend will be payable December 29, 2015 to shareholders of record at the close of business on October 30, 2015. M&T’s Board of Directors made the determination to select this record date as a reasonable means to offset a portion of the expense that M&T will assume, and to assist in fully satisfying its obligations under, the consent order reached by Hudson City Savings Bank with the Consumer Financial Protection Bureau and the U.S. Department of Justice. The acquisition of Hudson City Bancorp, Inc. (“Hudson City”) is planned to close on or about November 1, 2015. Shareholders of Hudson City have until 5:00 p.m., Eastern Daylight Time, on Friday, October 30, 2015 to elect the form of consideration they wish to receive in the transaction, or to change a preceding election.
In addition, M&T has declared quarterly cash dividends of $15.9375 per share on each of its Series A (NYSE:MTBPr) and Series C (NYSE:MTBPrC) preferred stock. The dividends will be payable November 16, 2015 to shareholders of record at the close of business on November 2, 2015.
M&T is a financial holding company headquartered in Buffalo, New York. M&T’s principal banking partner, M&T Bank, operates banking offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, Delaware and the District of Columbia. Trust-related services are offered by M&T’s Wilmington Trust-associated companies and by M&T Bank.
M&T Bank Corporation, a bank holding company, provides commercial and retail banking services. The company’s Business Banking segment offers deposit, lending, cash administration, and other financial services to small businesses and professionals. Its Commercial Banking segment provides commercial lending and leasing, letters of credit, deposit products, and cash administration services to middle-market and large commercial customers.
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 with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.