During Wednesday’s Current trade, Shares Gold Fields Limited (ADR)(NYSE:GFI), gain 0.20% to $2.52
Gold Fields Limited (ADR) (GFI) said the U.S. Securities and Exchange Commission, which probed the producer’s sale of a stake in its South Deep mine under a South African program to expand black ownership, recommended no enforcement action be taken.
The SEC offered the notice under guidelines in a section of the Securities Act Release No. 5310, which states that the notice “must in no way be construed as indicating that the party has been exonerated or that no action may ultimately result from the staff’s investigation,” the Johannesburg-based company said in a statement Monday.
In August 2010, Gold Fields agreed to issue 600,000 shares to a black-owned group and allowed it to buy 10 percent of South Deep, the world’s largest gold deposit after Grasberg in Indonesia. Local law requires mining companies to sell or cede 26 percent of their operations to black citizens. The SEC investigated the transaction in the U.S., where investors trade Gold Fields via American depositary receipts.
Gold Fields Limited operates as a gold mining company. The company engages in the exploration, extraction, processing, and smelting of gold and copper properties. It holds interests in eight operating mines in South Africa, Ghana, Australia, and Peru. The company has total gold mineral reserves of about 48.1 million ounces and mineral resources of about 108.3 million ounces.
Shares of Real Goods Solar, Inc. - Class A (NASDAQ:RGSE), inclined 4.34% to $2.22, during its current trading session.
RGS Energy (RGSE), one of the nation’s leading rooftop installers of solar equipment, will hold a conference call on Monday, August 10, 2015 at 4:30 p.m. Eastern time to talk about results for the second quarter ended June 30, 2015. The financial results will be issued in a press release proceeding to the call.
Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction company in the United States. It operates in three segments: Residential, Sunetric, and Other. The company offers solar energy services, counting design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction.
Prospect Capital Corporation(NASDAQ:PSEC), during its Wednesday’s current trading session gained 1.21% to $7.11.
Prospect Capital Corporation (PSEC) declared that their July 9 presentation from Grier Eliasek , President and Chief Operating Officer, is now accessible for on-demand viewing at VirtualInvestorConferences.com.
Prospect Capital Corporation is a business development company. It specializes in middle market, mature, mezzanine finance, later stage, emerging growth, buyouts, recapitalizations, turnaround, growth capital, development, subordinated debt tranches of collateralized loan obligations, cash flow term loans, and bridge transactions. It also makes real estate investments particularly in multi-family residential real estate asset class. The fund makes secured debt, senior debt, unitranche debt, first-lien and second lien, private debt, mezzanine debt, and equity investments in private and microcap public businesses. It typically invests across all industry sectors, with a particular expertise in the energy and industrial sectors.
Finally, Central Pacific Financial Corp. (NYSE:CPF), decreased -0.49%, to $22.36.
Central Pacific Financial Corp. (CPF) parent company of Central Pacific Bank declared the pricing of the formerly declared underwritten secondary offering by ACMO-CPF, L.L.C. and Carlyle Financial Services Harbor, L.P. of 5,538,624 shares of the Company’s common stock. Right away following completion of the offering, each selling shareholder will no longer beneficially own any shares of the Company’s outstanding common stock. All of the shares are being sold by the selling shareholders, and the selling shareholders will receive all of the net proceeds from the offering.
Citigroup and UBS Investment Bank are acting as underwriters for the common stock offering.
The offering is predictable to close on or about August 7, 2015, subject to customary closing conditions.
Aguirre and Burr joined the boards of CPF and CPB in 2011 as directors and designees of Anchorage Advisors, L.L.C. (Anchorage) and Carlyle Financial Services Harbor, L.P. (Carlyle), respectively, when the Company accomplished its recapitalization initiative with Anchorage and Carlyle as the co-lead investors. Anchorage and Carlyle have been divesting their ownership in the Company since April, 2014, and each holds about 8.8% of CPF’s issued and outstanding common stock following their most recent sale that closed on June 10, 2015, in an underwritten secondary offering.
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