On Wednesday, Shares of Barrick Gold Corporation (NYSE:ABX), lost -1.87% to $7.36, hitting its lowest level, as Gold fell more than 1 percent to a five-year low on Wednesday as a bounce in the dollar fuelled downside momentum, with investors ongoing to pull away from the metal after its dramatic slide earlier this week.
Spot gold was down 1 percent at $1,090.70 an ounce at 1400 GMT, while U.S. gold futures for August delivery were down $14.50 an ounce at $1,089.00. Earlier, spot prices touched their lowest since March 2010 at $1,087.04 an ounce. Reuters Reports.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
Shares of ArcelorMittal (NYSE:MT), declined -2.77% to $8.79, during its last trading session.
ArcelorMittal, declared the publication of sell-side analysts` consensus forecasts for ArcelorMittal`s second quarter 2015 EBITDA. The consensus figures are based on sell-side analyst estimates recorded on an external web based tool offered and managed by an independent company called Vuma Financial Services Limited (trade name: Vuma Consensus). The consensus figures together with the full list of sell-side analysts who presented their forecasts are accessible on our website.
ArcelorMittal, together with its auxiliaries, operates as an integrated steel and mining company worldwide. The company operates through five segments: NAFTA; Europe; Brazil and Neighboring Countries (Brazil); Africa & Commonwealth of Independent States (ACIS); and Mining. It produces finished and semi-finished steel products.
Finally, OGE Energy Corp. (NYSE:OGE), ended its last trade with -0.04% loss, and closed at $28.09, hitting its lowest level.
OGE Energy Corp., declared that David L. Hauser has been designated to the company’s board of directors and as member of its audit committee, effective recently, July 15. Mr. Hauser’s term will expire at the company’s annual shareholders’ meeting planned for May 2016, at which time he will stand for re-election by the company’s shareholders.
Mr. Hauser, 63, enjoyed a 35-year career with Duke Energy Corporation that culminated in his holding the leadership position of group executive and chief financial officer from 2003-2009. Following his career at Duke, Mr. Hauser was the chairman and CEO of FairPoint Communications, Inc., a provider of communication services located in Charlotte, N.C. Mr. Hauser also presently serves as a board member and Audit Chairman of EnPro Industries, Inc. which designs, develops, manufactures, and markets engineered industrial products.
Mr. Hauser graduated from Furman University with a Bachelor of Arts degree and earned a Master of Business Administration from the University of North Carolina at Charlotte.
OGE Energy Corp., together with its auxiliaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States.
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