On Thursday, Shares of Intel Corporation (NASDAQ:INTC), lost -2% to $28.87.
Intel Corporation said it’s hiring under-represented minorities at a faster pace than targeted as the company works toward increasing diversity in its workforce, according to Bloomberg.
Intel hired 1,035 women, 139 blacks, 222 Hispanics and 9 Native Americans in the first six months of the year, the company said in a report posted online. In total, 43.3 percent of its U.S. hires in 2015 were women or under-represented minorities contrast with an annual target of 40 percent, Intel said. Bloomberg Reports
Like other Silicon Valley companies, Intel has come under increasing scrutiny for its lack of women and black employees. Chief Executive Officer Brian Krzanich has responded by promising to spend $300 million to make the gender and ethnicity of his workforce representative of the U.S. population by 2020. He’s also said he’ll tie executive pay to that aim and declared an investment fund for startups run by minorities. Bloomberg added.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
Shares of Nabors Industries Ltd. (NYSE:NBR), declined -6.31% to $11.43, during its last trading session, as the return of a rising dollar and persistent worries about a global supply glut combined Thursday send the U.S. oil benchmark to a six-year low, while natural-gas futures were laid low by a larger-than-predictable rise in domestic supplies, according to Market Watch.
West Texas Intermediate crude oil for September delivery on Nymex gave up early gains to drop $1.07, or 2.5%, to end at $42.23 a barrel, the lowest finish since March 3, 2009.
The global benchmark, Brent crude lost 44 cents, or 0.9%, to end at $49.22 a barrel on London’s ICE exchange. Market Watch. Reports
Nabors Industries Ltd., together with its auxiliaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services.
Finally, Silver Wheaton Corp. (NYSE:SLW), ended its last trade with -2.90% loss, and closed at $13.73.
Silver Wheaton declared that its Board of Directors has declared its third quarterly cash dividend payment for 2015 of US$0.05 per common share.
Third Quarterly Dividend
The third quarterly cash dividend of US$0.05 will be paid to holders of record of Silver Wheaton common shares as of the close of business on August 26, 2015 , and will be distributed on or about September 4 , 2015.
Under the Company’s dividend policy, the quarterly dividend per common share will be equal to 20% of the average cash generated by operating activities in the previous four quarters divided by the Company’s then outstanding common shares, all rounded to the nearest cent.
The declaration, timing, amount and payment of future dividends remain at the discretion of the Board of Directors. This dividend qualifies as an ‘eligible dividend’ for Canadian income tax purposes.
Silver Wheaton Corp. operates as a precious metals streaming company worldwide. The company has 18 long-term purchase agreements and 1 early deposit long-term purchase agreement associated with silver and gold regarding27 various mining assets.
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.
