On Thursday, Shares of Goldcorp Inc. (USA) (NYSE:GG), gained 4.42% to $13.69.
GOLDCORP INC. and Teck Resources Limited, declared a contract to combine their respective El Morro and Relincho projects, located about 40 kilometers apart in the Huasco Province in the Atacama region of Chile , into a single project.
Teck and Goldcorp will contribute their respective project interests into a 50/50 joint venture. The combined project will have the interim name of Project Corridor.
“Combining these two neighboring assets is a common sense approach that allows us to consolidate infrastructure to reduce costs, reduce the environmental footprint and provide greater returns over either standalone project,” said Don Lindsay , President and CEO of Teck. “Through Project Corridor, we will work to establish meaningful relationships with the community; Indigenous Peoples and other stakeholders that will assist guide the project’s development and create greater value for all parties.”
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America.
Shares of American Homes 4 Rent (NYSE:AMH), inclined 2.98% to $15.90, during its last trading session.
American Homes 4 Rent (AMH), posted the revised “Home Price Appreciation Factor” and “Home Price Appreciation Amount” through June 30, 2015, as those terms are defined in the final prospectuses for the Company’s 5% Series A, 5% Series B and 5.5% Series C Participating Preferred Shares (NYSE: AMHPRA, AMHPRB and AMHPRC). The computations of these amounts are based on the results of the House Price Index of the Federal Housing Finance Agency, or FHFA, known as the Quarterly Purchase-Only Index, or POI, specifically the non-seasonally adjusted “Purchase-Only Index” for the “100 Largest Metropolitan Statistical Areas” as of June 30, 2015, which was released August 25, 2015.
Based on the weighting among our top 20 markets established under the terms of our 5% Series A and 5% Series B Participating Preferred Shares, cumulative home price appreciation for the period from June 30, 2013, to June 30, 2015, was 14.03%, resulting in a Home Price Appreciation Factor of 7.01%. The Home Price Appreciation Amount on our 5% Series A and 5% Series B Participating Preferred Shares through June 30, 2015, was $1.753.
American Homes 4 Rent is a real estate investment trust. The firm engages in the acquisition, renovation, leasing, and operating single-family home rental properties in the United States. American Homes 4 Rent was founded in 2012 and is based in Malibu, California.
Finally, TETRA Technologies, Inc. (NYSE:TTI), ended its last trade with 6.81% gain, and closed at $7.06.
TETRA Technologies, declared that, effective August 19, 2015, its board of directors has designated Joseph C. Winkler III as a member of the board of directors to fill the vacancy existing on its board of directors. Mr. Winkler will serve as an independent director.
Stuart M. Brightman, TETRA’s President and Chief Executive Officer, stated, “I am happy to welcome Joe to our board. He brings a wealth of oil and gas service industry leadership experience and will be a tremendous asset to TETRA.”
Joe Winkler served as Chairman and Chief Executive Officer of Complete Production Services Inc. from March 2007 until February 2012, at which time he stepped down in connection with the acquisition of Complete by Superior Energy Services, Inc. From June 2005 to March 2007, Mr. Winkler served as Complete’s President and Chief Executive Officer. Preceding to that, from March 2005 to June 2005, Mr. Winkler served as the Executive Vice President and Chief Operating Officer of National Oilwell Varco, Inc. and from May 2003 until March 2005, as the President and Chief Operating Officer of NOV’s predecessor, Varco International, Inc. From April 1996 until May 2003, Mr. Winkler served in various other senior administration capacities with Varco and its predecessor. From 1993 to April 1996, Mr. Winkler served as the Chief Financial Officer of a privately held company that was attained by Varco International in April 1996. Preceding to that, Mr. Winkler served as Chief Financial Officer of Baker Hughes INTEQ, and served in a similar role for various companies owned by Baker Hughes Incorporated. Mr. Winkler has served as a director of the general partner of Hi-Crush Partners LP since 2012, as a director of Commercial Metals Company since 2012, and as a director of Eclipse Resources since 2014. Mr. Winkler also served on the board of Dresser-Rand Group, Inc. from 2007 until its merger with Siemens AG in July 2015. Mr. Winkler received a B.S. degree in Accounting from Louisiana State University.
TETRA Technologies, Inc., together with its auxiliaries, operates as a diversified oil and gas services company. It operates through four divisions: Fluids, Production Testing, Compression, and Offshore.
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