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Monday 17 August 2015
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Latest Update

Current Trade News Alert on: Abengoa Yield (NASDAQ:ABY), McEwen Mining (NYSE:MUX), Western Digital (NASDAQ:WDC), HomeAway, (NASDAQ:AWAY)

During Monday’s Current trade, Shares of Abengoa Yield PLC (NASDAQ:ABY), gain 1.70% to $27.55.

Abengoa Yield plc (ABY) the sustainable total return company that owns a diversified portfolio of contracted assets in the energy and environment sectors, declared recently that it has raised its existing $125 million credit facility with a revolver Tranche B for an additional amount of $290 million. Tranche B was closed with Bank of America as global coordinator and joint bookrunner, HSBC as agent and joint bookrunner and Banco Santander, Citigroup, RBC, Barclays and UBS as joint bookrunners and it will be used to finance future acquisitions and for general corporate purposes.

Abengoa Yield plc owns a portfolio of renewable energy, conventional power, and electric transmission line contracted assets in North America, South America, and Europe. The company’s renewable energy assets comprise 2 solar power plants each with a gross capacity of 280 megawatts (MW) in the United States; 1 on-shore wind farm with a gross capacity of 50 MW in Uruguay; and 2 solar power plants each with a gross capacity of 50 MW in Spain. Its conventional power asset comprises a 300 MW cogeneration plant in Mexico.

Shares of McEwen Mining Inc (NYSE:MUX), inclined 5.40% to $0.832, during its current trading session.

McEwen Mining Inc. (MUX) declared it has received reimbursement for about 80% of the fair value of the loss due to the robbery that occurred on April 7th, 2015 at the El Gallo Mine. Consequently, the financial impact of the robbery is reduced to about US$1.6 million, and McEwen Mining now has cash and precious metals totaling US$33 million.

McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The company’s principal assets comprise of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina.

Western Digital Corp (NASDAQ:WDC), during its Monday’s current trading session decreased -0.85% to $76.61.

Western Digital® Corp. (WDC) declared that the company will release its financial results for the fourth fiscal quarter ended July 3, 2015 after the close of the market on Wednesday, July 29, 2015. The investment community conference call to talk about these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call webcast can be accessed online at investor.wdc.com. The telephone replay number is 1-800-348-3536 in the U.S. or +1-203-369-3257 for international callers.

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content. It provides hard disk drives (HDDs) and solid-state drives for desktop and notebook personal computers (PCs), and performance enterprise and capacity enterprise markets.

Finally, HomeAway, Inc. (NASDAQ:AWAY), decreased -0.59%, to $29.74.

HomeAway, Inc. (AWAY), the world leader in vacation rentals, declared a partnership with Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) to promote Dubai’s vacation homes to the world and Dubai as a destination to HomeAway(R) travelers.

The relationship enhances HomeAway’s position in the Middle East and opens Dubai up to the millions of families and groups of travelers from around the globe who book their vacation rental accommodations via HomeAway. HomeAway and Dubai Tourism will work together to strengthen the vacation homes sector in Dubai by raising awareness of and providing support to the many licensed vacation homes operators in the Emirate. Additionally, the two organizations are planning joint traveler-focused campaigns, leveraging Dubai’s world-class marketing team and HomeAway’s global strength in the vacation homes sector.

HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers. The company’s portfolio comprises vacation rental Websites, such as HomeAway.com, VRBO.com, and VacationRentals.com in the United States; HomeAway.co.uk and OwnersDirect.co.uk in the United Kingdom; HomeAway.de in Germany; Abritel.fr and Homelidays.com in France; HomeAway.es and Toprural.com in Spain; AlugueTemporada.com.br in Brazil; HomeAway.com.au and Stayz.com.au in Australia; and Bookabach.co.nz in New Zealand.

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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.




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