On Wednesday, Shares of Peabody Energy Corporation (NYSE:BTU), lost -18.72% to $1.78, hitting its lowest level.
Peabody Energy Corporation, declared that it has named longstanding financial executive Amy Schwetz to Executive Vice President and Chief Financial Officer. Schwetz replaces Michael Crews, who has declared plans to step down by the end of July to take the top financial position at a major industrial firm.
“Amy is a skilled financial veteran and recognized leader within Peabody, and it is my pleasure to name her as our next Chief Financial Officer,” said President and Chief Executive Officer Glenn Kellow. “We thank Mike for his role in Peabody’s international expansion and growth, and look forward to Amy’s leadership as we heighten our emphasis on key areas of business improvement.”
Schwetz’s financial career spans two decades, counting 10 years at Peabody with experience in finance, internal and external audit, investor relations, financial planning and treasury. She has held domestic and international operational posts, where she assisted guide platforms in major repositioning initiatives that have improved productivity and lowered costs.
Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers. It also offers direct and brokered trading of coal and freight-related contracts.
Shares of Kinross Gold Corporation (NYSE:KGC), declined -4.31% to $2.22, during its last trading session.
Kinross Gold Corporation, will release its financial statements and operating results for the second quarter 2015 on Wednesday, July 29, 2015, after market close. On Thursday, July 30, 2015 at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to talk about the results, followed by a question-and-answer session.
Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.
Finally, eBay Inc. (NASDAQ:EBAY), ended its last trade with 0.31% gain, and closed at $60.42.
PayPal, Inc. and Xoom Corporation (XOOM), declared a definitive agreement under which PayPal will acquire Xoom for $25 per share in cash or an approximate $890 million enterprise value. The transaction represents a premium of 32% over Xoom’s three-month volume-weighted average price and was unanimously approved by the Boards of Directors of both companies, as well as the Board of eBay Inc., PayPal’s parent company.
Xoom is a leader in international remittances enabling customers in the United States to send money to, and pay bills for, family and friends around the world in a secure, fast and cost-effective way, using their mobile phones, tablets or computers.
PayPal is in the process of being separated from eBay Inc. (EBAY). Upon completion of the separation, which is predictable to occur on July 17, 2015, PayPal will be an independent, publicly traded company listed on the NASDAQ Stock Market under the ticker “PYPL.”
eBay Inc. operates as a technology company that enables commerce and payments on behalf of users, merchants, retailers, and brands of various sizes in the United States and internationally. It operates in three segments: Marketplaces, Payments, and Enterprise.
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