On Thursday, Shares of Barrick Gold Corporation (NYSE:ABX), lost -4.43% to $7.77.
Barrick Gold Corporation stated a net loss of $9 million ($0.01 per share) for the second quarter, with adjusted net earnings of $60 million ($0.05 per share). Free cash flow was $26 million, contrast to negative free cash flow of $128 million in the preceding year period. Operating cash flow in the second quarter was $525 million. Second quarter adjusted EBITDA was $725 million. On an unadjusted basis, EBITDA was $690 million.
Gold production guidance for 2015 has been adjusted to 6.1-6.4 million ounces to reflect the impact of divestments, with production 55 percent weighted to the second half of the year. Costs are predictable to be 10 percent lower in the second half of 2015. Full-year all-in sustaining cost guidance is $840-$880 per ounce, down from $860-$895 per ounce.
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 Lowe’s Companies Inc. (NYSE:LOW), inclined 3.25% to $71.21, during its last trading session.
In conjunction with the Lowe’s Companies second quarter 2015 earnings, interested parties are invited to listen to its conference call to be broadcast live over the internet on Wednesday, August 19, 2015 at 9:00 a.m. Eastern Time with: Robert A. Niblock, chairman, president and chief executive officer; Rick D. Damron, chief operating officer; and Robert F. Hull, Jr., chief financial officer.
Lowe’s Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating.
Finally, Post Holdings, Inc. (NYSE:POST), ended its last trade with 1.12% gain, and closed at $62.37.
Post Holdings declared the pricing of its formerly declared concurrent offerings of senior notes and common stock. The Company priced $800.0 million aggregate principal amount of 7.75% senior notes due 2024 at par and $400.0 million aggregate principal amount of 8.00% senior notes due 2025 at par. The Notes offering is predictable to close on August 18, 2015, subject to customary closing conditions. The Notes will be unsecured unsubordinated obligations of the Company and will be guaranteed by the Company’s material domestic auxiliaries.
Post also priced 5,850,000 shares of common stock at $60.00 per share. The size of the common stock offering was raised from $275.0 million in shares of the Company’s common stock to $351.0 million in shares of the Company’s common stock. The Company also granted the underwriters a 30-day option to purchase up to an additional 877,500 shares of common stock at the public offering price less the underwriting discount. The common stock offering is predictable to close on August 18, 2015, subject to customary closing conditions.
Post Holdings, Inc. manufactures, markets, and sells refrigerated, active nutrition, and private label food products in the United States and Canada. The company operates through five segments: Post Foods, Michael Foods, Active Nutrition, Private Brands, and Attune Foods.
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