During Friday’s Morning trade, Shares of Paypal Holdings Inc (NASDAQ:PYPL), lost -1.91% to $34.86.
Launching its first major brand campaign as an independent company, PayPal Holdings Inc. (Nasdaq:PYPL), a leader in global payments, will unveil a 45-second television commercial on Sunday, February 7 during the 1st quarter of pro football’s legendary championship game. This buy marks the first time PayPal will advertise during television’s most-watched event.
Super Bowl® number 50 will take place this year in the heart of Silicon Valley in the San Francisco 49ers Levi’s Stadium in Santa Clara, Calif., where PayPal and other technology companies work to transform the everyday lives of people around the world. As an industry leader with a powerful message to share, PayPal seized the opportunity to choose this historic, local event to launch its global brand advertising campaign that simultaneously provides a national platform to reach a broad audience.
“This ad is more than a commercial – it’s our opportunity to introduce the world to PayPal’s vision for the future of money – to empower people and businesses to move and manage money securely, efficiently and affordably,” said Greg Fisher, PayPal Vice President of Global Brand Marketing. “The launch of this ad is just the startning of our new brand campaign designed to start a larger conversation about a reimagined financial world that must comprise everyone.”
PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. It enables businesses of various sizes to accept payments from merchant Websites, mobile devices, and applications, in addition to at offline retail locations through a range of payment solutions across company’s payments platform, counting PayPal, PayPal Credit, Venmo, and Braintree products.
Shares of Joy Global Inc. (NYSE:JOY), inclined 5.10% to $12.46, during its current trading session.
Joy Global, stated fourth quarter and fiscal 2015 results.
Fourth Quarter and Full Year Summary
- Oversupplied commodity markets drove customer capital expenditures down about 18 percent year-over-year
- Fourth quarter bookings of $617 million, down 21 percent; full year bookings of $2.7 billion, down 25 percent from a year ago
- Fourth quarter impairment charges due to weak markets of $1.338 billion or $13.24 per diluted share
- (Loss) Earnings per diluted share; fourth quarter $(13.43) contrast to $1.31 in prior year, full year $(12.02) contrast to $3.35 in prior year
- Adjusted earnings per diluted share; fourth quarter $0.43 contrast to $1.29 in prior year, full year $1.95 contrast to $3.44 in the prior year
- Strong cash from operations in the quarter of $187 million, up $122 million from a year ago and $355 million for the year, a decrease of $8 million from the prior year
- Declared a reduction in the quarterly dividend to $0.01 per share, a rate which would reduce annual outlay by $75 million
Joy Global Inc. manufactures and services mining equipment for the extraction of coal, copper, iron ore, oil sands, gold, and other minerals. It operates in two segments, Underground Mining Machinery and Surface Mining Equipment.
Finally, AngloGold Ashanti Limited (ADR) (NYSE:AU), gained 6.36%, and is now trading at $6.86.
Zonte Metals Declares a Private Placement and Provides Update On The Gramalote Target Application.
Zonte declares that it plans to raise up to $100,000 through a non-brokered private placement that will comprise up to 1,176,500 units (the “Units”) at a price of $0.085 per Unit (the “Offering”), subject to TSX Venture Exchange (the “Exchange”) approval. Each Unit will comprise of one common share and one full share purchase warrant, with each warrant entitling the holder to acquire one additional common share at a price of $0.16 for a period of 24 months from the date of the issuance.
Eligible finders will be entitled to a Finders’ Fees in connection with the securities sold following the Offering of (i) cash in the amount of 8% of the aggregate gross subscription proceeds received from the sale of securities; and (ii) Finder’s Warrants equal to 8% of the number of securities sold in the Offering, each such Finders’ Warrant exercisable at any time up to 18 months following its date of issuance to purchase one common share of the Company at an exercise price of $0.16 per share. All Finders’ Fees will be subject to and in accordance with Exchange and regulatory policies. The Company intends to use the net proceeds of the Offering for working capital purposes. The securities issued following the Offering will be subject to a four-month and one day statutory hold period.
As formerly declared on November 19, 2015 , Zonte, with its Colombian Partner, has retained legal counsel to pursue its mineral title application that covers open areas between titles over and near the Gramalote Deposit; a deposit which is held in a joint venture between AngloGold Ashanti (AU) and B2Gold (TSX:BTO, NYSE:BTG). The application in question is being processed at the Secretaria de Minas, Department of Antioquia, who has acknowledged that there is open ground covered by Zonte’s application, but is attempting to deny the application. Applications for mineral titles are subject to be processed according to the Mining Code 685 of 2001 and the Company’s legal counsel is of the opinion that the application has not been processed in accordance with the Mining Code. See November 19, 2015.
AngloGold Ashanti Limited operates as a gold mining and exploration company. It also produces silver, uranium oxide, copper, molybdenum, and sulphur. The company has 20 operations and exploration projects in South Africa, Continental Africa, Australasia, and the Americas.
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