On Thursday, in the course of current trade, Shares of Bank of America Corporation (NYSE:BAC), dropped -0.25%, and is now trading at $15.93.
Susan G. Komen® and Bank of America, declared the renewal of their long-standing partnership through 2020, with Bank of America pledging $3 million from its Pink Ribbon Banking products. The bank will also continue its sponsorship of fundraising events as National Presenting Sponsor of the prestigious Susan G. Komen Race for the Cure® series in the U.S.
The Bank of America-Komen partnership has raised more than $6 million since 2009 for breast cancer research and programs. Through the Pink Ribbon Banking program, Bank of America makes a contribution to Komen for every new Komen-branded credit card account opened, every purchase a cardholder makes with it, and for every new Komen-branded checking account opened.
In addition to the Pink Ribbon Banking products, Bank of America employees across the country annually volunteer more than 13,000 hours and raise $400,000 in matching gifts for Komen’s mission. Bank of America has sponsored Susan G. Komen fundraising events since 2009 and is now presenting sponsor of more than 130 Komen Races and seven 3-Day events in the U.S.
Susan G. Komen is the world’s largest breast cancer organization, funding more breast cancer research than any other nonprofit while providing real-time assist to those facing the disease.
Bank of America Corporation, through its auxiliaries, provides banking and financial products and services for individual consumers, small and middle market businesses, institutional investors, large corporations, and governments worldwide.
During an Afternoon trade, Shares of Citigroup Inc. (NYSE:C), dipped -0.60%, and is now trading at $53.44.
The Board of Directors of Citigroup Inc. declared a quarterly dividend on Citigroup’s common stock of $0.05 per share, payable on May 22, 2015 to stockholders of record on May 11, 2015.
In other news today, Citi has hired Murray Roos as Global Head of Sales for its Equities and Prime Finance divisions. In this newly created role, Mr. Roos will be responsible for developing and leading a unified and global sales strategy across the full range of equity and prime finance products offered to Citi’s clients. He will be based in London and report to Derek Bandeen, Global Head of Equities, Okan Pekin, Global Head of Investor Services and Jim O’Donnell, Global Head of Investor Sales.
Mr. Roos brings more than 18 years of industry experience to this new role. He joins Citi from Deutsche Bank where he spent the past eight years in a variety of senior administration positions, most recently as Global Co-Head of Prime Finance and Co-Head of European Equities. He had formerly worked at UBS where he ran the EMEA index flow trading desk.
Mr. Roos will join Citi’s Investor Services Global Administration team and sit on the Global Equities Executive Committee. This appointment follows the recent hire of Adam Hermann joining Citi from UBS as global Head of Prime Finance.
Citigroup Inc., a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
Shares of Goldcorp Inc. (NYSE:GG), during its Thursday’s current trading session fell -6.35%, and is now trading at $18.88.
Goldcorp, stated sales of 827,500 gold ounces resulting in adjusted operating cash flow of $366 million for the first quarter of 2015, contrast to adjusted operating cash flow of $281 million for the first quarter of 2014. Adjusted quarterly revenues were $1.27 billion, generating adjusted net earnings of $12 million, or $0.01 per share, contrast to adjusted net earnings of $209 million, or $0.26 per share, for the first quarter of 2014. Stated net loss for the quarter was $87 million, or ($0.11) per share, contrast to net earnings of $98 million, or $0.12 per share, for the first quarter of 2014.
First Quarter 2015 Highlights
- Quarterly gold sales of 827,500 ounces; gold production of 724,800 ounces.
- Adjusted revenues of $1.27 billion.
- All-in sustaining costs of $885 per ounce.
- Adjusted net earnings of $12 million, or $0.01 per share.
- Adjusted operating cash flow of $366 million.
- Dividends paid of $122 million.
- Declared commercial production at Cerro Negro on January 1, 2015 and at Éléonore on April 1, 2015.
- Accomplished acquisition of Probe Mines on March 13, 2015.
- Accomplished sale of Wharf on February 20, 2015.
- Minera Peñasquito reached a settlement agreement with Cerro Gordo Ejido.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America.
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