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Wednesday 8 April 2015
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Declining Stocks Update: McDonald’s, (NYSE:MCD), Kinder Morgan, (KMI), Gold Fields, (NYSE:GFI), Fastenal Company, (NASDAQ:FAST)

On Thursday, McDonald’s Corp. (NYSE:MCD)’s shares declined -0.48%, and closed at $95.83, after McDonald’s, declared improved benefits for employees at its corporation-owned restaurants, counting a wage raise and paid time-off for full and part-time crew employees. In addition, the corporation is expanding its Archways to Opportunities education offerings to provide eligible U.S. restaurant employees — at both corporation-owned and franchised restaurants — with free high school completion and college tuition assistance.

“We’ve been working on a comprehensive benefits package for our employees — the people who bring our brand to life for customers every day in our U.S. restaurants,” said McDonald’s President and CEO Steve Easterbrook. “We’ve listened to our employees and learned that — in addition to raise wages — paid personal leave and financial assistance for concluding their education would make a real difference in their careers and lives.”

McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, and Latin America. The corporation’s restaurants offer various food products, soft drinks, coffee, and other beverages.

Kinder Morgan, Inc. (KMI)’s shares dropped -0.48%, and settled at $41.72, during the last trading session on Thursday, as on last Tuesday, Keyera Corp. declared a 50-50 joint venture with Kinder Morgan , Inc. to build the Base Line Terminal, an above ground crude oil storage terminal near Edmonton, Alberta . The project is underpinned by several take-or-pay contracts ranging up to 10 years in length with creditworthy customers. Based on current capital estimates, Keyera’s share of costs to construct the Terminal is estimated to be about CDN$330 million , not including capitalized interest. The Terminal is predictable to be commissioned in phases, with the first tanks planned to be commissioned in the second half of 2017, based on the most recent construction plan.

The Terminal will be built on undeveloped land at Keyera’s Alberta EnviroFuels site. Initially, 12 tanks will be constructed to provide customers with 4.8 million barrels of storage capacity. Sufficient land remains to add up to 1.8 million barrels of incremental storage capacity subject to future demand. The Terminal will be connected via pipeline to Kinder Morgan’s existing Edmonton storage terminals and will provide customers with access to all crude oil streams handled by Kinder Morgan . From the Terminal, customers will be able to deliver products to end markets using multiple delivery options, counting but not limited to major pipelines and nearby rail terminals operated by Keyera and Kinder Morgan . Kinder Morgan will oversee construction of the project and operate the Terminal once it is in service.

Kinder Morgan, Inc. operates as an energy infrastructure and energy corporation in North America. The corporation operates through Natural Gas Pipelines, CO2, Terminals, Products Pipelines, Kinder Morgan Canada, and Other segments.

At the end of Thursday’s trade, Gold Fields Ltd. (NYSE:GFI)’s shares dipped -0.47%, and closed at $4.23, after Gold Fields Limited, published its Integrated Annual Report 2014 and a number of associated reports on its website: the Notice of AGM, the statutory Annual Financial Report 2014, the 2014 Mineral Resource and Mineral Reserve Supplement and the Global Reporting Initiative (GRI) G4 Content Index. The Integrated Annual Report is also being posted to shareholders recently.

. The Integrated Annual Report and the Annual Financial Report incorporate all aspects of the Group’s business, counting reviews of the South African, West African, Australian and South American operations, the Group’s project activities, in addition to detailed financial, operational and sustainable development information.

KPMG have audited the results and their unqualified audit report is open for inspection at the corporation’s offices.

Gold Fields Limited operates as a gold mining corporation. The corporation 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.

Fastenal Company (NASDAQ:FAST), ended its Thursday’s trading session with -0.46% loss, and closed at $41.05.

Fastenal Company, declared the date and time for their conference call to review 2015 first quarter results, in addition to current operations. The conference call will be broadcast live over the Internet on Tuesday, April 14, 2015 at 9:00 a.m. Central Time.

An online archive of the broadcast will be accessible within one hour of the conclusion of the call and will be accessible until June 1, 2015. Participants must have a soundcard and speakers to listen to the online broadcast.

Fastenal Company, together with its auxiliaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. The corporation offers fasteners, and other industrial and construction supplies primarily under the Fastenal name.

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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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