On Wednesday, Shares of Newmont Mining Corp (NYSE:NEM), lost -1.17% to $18.52.
Newmont Mining Corporation declared second quarter results, counting $441 million in operating cash flow and $692 million in adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA).
- Net income: Achieved adjusted net income of $131 million, or $0.26 per basic share, contrast to $101 million or $0.20 per share in the preceding year quarter; GAAP net income attributable to shareholders from ongoing operations was $63 million, or $0.13 per share, contrast to $182 million or $0.37 per share in the preceding year quarter
- Merged Adjusted EBITDA: Delivered Adjusted EBITDA of $692 million in the second quarter, contrast to $525 million in the preceding year quarter
- Merged cash flow: Generated cash from ongoing operations of $441 million and free cash flow from ongoing operations of $119 million, contrast to $378 million and $124 million in the preceding year quarter
Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand.
Shares of Arch Coal Inc (NYSE:ACI), declined -2.58% to $0.234, during its last trading session.
Arch Coal declared the extension of the Early Tender Time for its pending private offer to exchange new 6.25% Trust Certificates due 2021, 8.00% Senior Secured Notes due 2022 and 12.00% Senior Secured Second Lien Notes due 2023 for its outstanding 7.000% Senior Notes due 2019, 9.875% Senior Notes due 2019 and 7.250% Senior Notes due 2021.
The Early Tender Time for the Exchange Offer, formerly set at 5:00 p.m., New York City time, on July 21, 2015 has been extended and is now set to expire at 12:00 midnight, New York City time, on August 4, 2015. The Exchange Offer is set to expire at 12:00 midnight, New York City time, on August 4, 2015. The Withdrawal Deadline for the Exchange Offer has passed and tendered Old Notes may no longer be withdrawn.
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.
Finally, Akamai Technologies, Inc. (NASDAQ:AKAM), ended its last trade with 0.28% gain, and closed at $72.75.
Akamai Technologies declared the company has been identified by Forrester Research, Inc. as a Leader in The Forrester Wave: DDoS Services Providers, Q3 20151. Akamai received the highest score in Market Presence and tied for the highest score in Strategy.
Akamai’s Distributed Denial-of-Service (DDoS) mitigation solutions received the highest score possible for alert notification process (DDoS monitoring service), response tactics (after the attack is detected), attack types defended, defended network protocols, and the second highest score for defense tactics (preceding to an attack) and standard mitigation times.
Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing online content and business applications in the United States and internationally.
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 through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
