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Tuesday 16 June 2015
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Friday’s Trade News Alert on: Cott (NYSE:COT), Edison International (NYSE:EIX), Marathon Patent Group (NASDAQ:MARA), AuRico Gold (NYSE:AUQ)

On Friday, Cott Corporation (USA) (NYSE:COT)’s shares inclined 1.20% to $10.08.

Cott Corporation (USA) (COT) declared that it will present at the 2015 Jefferies Consumer Conference on Wednesday, June 24, 2015.

Cott Corporation, together with its auxiliaries, produces and sells beverages on behalf of retailers, brand owners, and distributors worldwide. Its product lines comprise carbonated soft drinks, juice and juice-based products, clear and flavored waters, energy drinks and shots, sports products, new age beverages, ready-to-drink teas and alcoholic beverages, beverage concentrates, liquid enhancers, and freezables, in addition to hot chocolate, coffee, malt drinks, creamers/whiteners, and cereals.

Edison International (NYSE:EIX)’s shares dropped -1.16% to $57.20.

Edison International (EIX) is furnishing this Form 8-K/A for the sole purpose of providing corrections to the presentation used in connection with the conference, which is furnished with this report on amended Exhibit 99.1. No other changes to the Original 8-K have been made. Exhibit 99.1 is amended by correcting the Southern California Edison Company (“SCE”) Historical Rate Base, Rate Base Forecast, and Capital Expenditures Forecast slides of the presentation to add the correct dollar amounts at top of certain columns. SCE’s historical rate base, rate base forecast, and capital expenditures forecast are not otherwise being changed or amended. The updated version of Exhibit 99.1 is attached hereto and supersedes Exhibit 99.1 to the Original Form 8-K in its entirety.

The information furnished in this Item 7.01 and Exhibit 99.1 shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933.

Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources.

At the end of Friday’s trade, Marathon Patent Group Inc (NASDAQ:MARA)‘s shares dipped -5.36% to $3.18.

Marathon Patent Group Inc (MARA) declared recently that its wholly-owned auxiliaries, MedTech Development Deutschland GmbH and Orthophoenix LLC, reached settlement and license agreement. Due to a confidentiality agreement, the licensee may not be revealed by name.

The consideration to be paid to MedTech Development Deutschland GmbH and Orthophoenix LLC and all other commercial terms of the license agreement are confidential.

The licensed patents comprise the German parts of European patent EP 1 938 765 B1 and EP 1 104 260 B2, both of which have been asserted in Germany and relate to medical devices involved in kyphoplasty surgery.

The Orthophoenix portfolio comprises of patents, which relate to the treatment of bones counting fractured and diseased bone elements. Claims coverage comprises discharging a material into a bone cavity such that the bone assumes an expanded geometry. In addition to claims covering discharging a material into a bone structure the portfolio comprised of additional patents and associated claims which address bone treatments in which an expandable structure is introduced into a collapsed bone and subsequently manipulated such that the structure forms an expanded geometry inside the bone. Exemplary patents in this portfolio comprise U.S. Patents 6,248,110, 6,280,456, 6,440,138, 7,044,954, and 6,863,672 with additional foreign patent grants providing International coverage.

Marathon Patent Group, Inc. engages in the acquisition and monetization of patents. It acquires patents and patent rights from various patent owners ranging from individual inventors to Fortune 500 companies. The company monetizes patents and patent rights by entering in to license talk aboutions, and settlement and license agreements. As of December, 31, 2014 it owned 378 patents and patent rights, and 22 patent applications in various technologies and markets.

AuRico Gold Inc (NYSE:AUQ), ended its Friday’s trading session with -0.97% loss, and closed at $3.05.

AuRico Gold Inc (AUQ) declared that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), two leading proxy advisory firms, have recommended that both Alamos and AuRico shareholders vote FOR the plan of arrangement to combine the two companies at their special meetings of shareholders to be held on June 24, 2015.

ISS and Glass Lewis cited the sound planned rationale behind the transaction and favorable market reaction in recommending Alamos and AuRico shareholders vote in favour of the plan of arrangement to merge the two companies.

ISS is the leading provider of corporate governance solutions to the global financial community. More than 1,700 institutional clients rely on the expertise of ISS to assist them make more informed investment decisions on behalf of their shareholders.

AuRico Gold Inc. operates as a gold producer with mines and projects in North America. Its principal projects comprise the Young-Davidson gold mine comprising of contiguous mineral leases and claims totaling 11,000 acres located in Northern Ontario, Canada; and the El Chanate mine comprising 22 mineral concessions that cover an area of about 4,618 hectares located in Sonora State, Mexico.

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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.

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