On Thursday, Shares of Bank of America Corporation (NYSE:BAC), gained 1.53% to $17.95.
Andy Sieg, head of Global Wealth and Retirement Solutions for Bank of America Merrill Lynch, will join President Barack Obama and a community of advocates, experts, local leaders, and older Americans recently to talk about the changing landscape of longevity at the White House Conference on Aging. Held once per decade since the 1960s, the event is committed to identifying and advancing actions to improve the quality of life for our nation’s aging population, and looks ahead to issues that will shape the landscape for older Americans during the coming decade.
During the conference, Sieg will take part in a panel talk aboution on retirement security and longevity, moderated by U.S. Department of Labor Secretary Thomas Perez. Fellow panelists comprise Jean Chatzky, a financial journalist, author and motivational speaker; Vickie Elisa, board president for Mothers’ Voices Georgia; and Robin Diamonte, CIO of United Technologies Corporation.
Bank of America Corporation is a bank holding company. The company, through its auxiliaries, operates through Consumer and Business Banking; Consumer Real Estate Services; Global Wealth and Investment Administration; Global Banking; Global Markets; and Other segments.
Shares of Yamana Gold, Inc. (NYSE:AUY), inclined 0.40% to $2.53, during its last trading session, hitting its lowest level.
BRIO GOLD INC., a partner of Yamana Gold, declared preliminary second quarter 2015 results and a new discovery at the Fazenda Brasileiro operation.
PRELIMINARY SECOND QUARTER OPERATIONAL RESULTS
Brio Gold’s operating mines produced 35,211 ounces of gold in the second quarter of 2015 at cash costs of $773 per ounce. Production for the first half of 2015 of 66,389 ounces is consistent with budget and these mines are on track to meet guidance of 130,000 ounces of gold at average cash costs of $730 per ounce of gold in 2015.
Pilar outperformed in the second quarter with production and cash costs better than budget. Pilar production was 21,237 ounces of gold and averaged over 7,000 ounces of gold per month in the second quarter, which is above the baseline average of 6,300 ounces per month established in the first quarter of 2015. Cash costs improved from the previous quarter to $756 per ounce. Development work continues at the satellite Maria Lazarus deposit with full production stoping ready to start in the third quarter of 2015. When in full production, Maria Lazarus is predictable to contribute about 25,000 ounces per year.
Second quarter production at Fazenda Brasileiro raised from the first quarter of 2015 to 13,974 ounces of gold at cash costs of about $798 per ounce. Production at Fazenda Brasileiro is predictable to continue increasing quarter over quarter throughout the year.
Yamana Gold Inc. engages in gold mining and related activities, counting exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas.
Finally, SunEdison, Inc. (NYSE:SUNE), ended its last trade with 0.29% gain, and closed at $31.17.
Advanced Microgrid Solutions (AMS), a developer of customer-sited energy storage systems that create Hybrid-Electric Buildings™, and SunEdison, Inc. (SUNE), the world’s largest renewable energy development company, declared they have signed a joint development agreement to finance and deliver 50 megawatts of energy storage for Southern California Edison (SCE) under long-term capacity contracts. Once operational, these AMS projects are predictable to be the first storage assets to be attained by Terraform Power, Inc. (TERP), a global owner and operator of clean energy power plants.
The storage system contracts were awarded to AMS as part of SCE’s 2013 Local Capacity Requirement solicitation, and will be built on commercial and industrial customer sites throughout the West Los Angeles Basin.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
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