On Wednesday, Primero Mining Corp (NYSE:PPP)’s shares declined -5.71% to $2.64.
Primero Mining Corp. (PPP) declares the resignation of Mr. Rohan Hazelton from its Board of Directors. Mr. Hazelton has served on Primero’s Board of Directors since August 2010, upon the acquisition of the San Dimas mine from Goldcorp Inc.
Wade Nesmith, Chairman of Primero, stated they would like to sincerely thank Rohan for his dedicated service to Primero. Rohan has made a substantial contribution towards building Primero into the emerging mid-tier gold producer that it is recently. They wish him every success in his future endeavors.
Primero Mining Corp., a precious metals producer, engages in the acquisition, exploration, development, and operation of mineral resource properties in Canada and Mexico. The company primarily explores for gold and silver. It owns interest in the San Dimas Mine, which is located in San Dimas district, Mexico; and the Black Fox Complex that is located in the Timmins Mining District in Ontario, Canada.
Zillow Group, Inc.- Class A (NASDAQ:ZG)’s shares gained 4.10% to $26.41.
Access to mortgage credit tightened in the first quarter of 2015, according to the Zillow® Mortgage Access Index (ZMAI). It had been getting progressively easier to obtain a mortgage since 2012, but the first several months of this year marked a pause in easing access to mortgage credit.
Mortgage credit availability is almost unchanged from a year ago, meaning despite fluctuations from quarter-to-quarter, there has been little progress toward making mortgages easier to obtain over the last year. In the long-term, experts expect mortgage access to continue improving.
In a survey earlier this summer of more than 100 economists and housing experts, more than 60 percent said they expect mortgage regulations to loosen further, with many expressing concern the market will become too lax over the next year.
A high number in the Zillow Mortgage Access Index means credit is easier to obtain, while a lower number means credit is tighter.
Mortgage credit was easiest to obtain in July 2004, when the ZMAI reached 136.4. But availability tightened over the next few years. In May 2007, both the housing and mortgage availability began a multi-year plunge, leaving home values down more than 22 percent and credit the tightest in recent history. Mortgages were the toughest to obtain in September 2010, when the ZMAI was at 11.8.
Recently, access to mortgage credit has improved significantly, and is at 65, more than two thirds of the way back to 2002 pre-crisis levels.
Zillow Group, Inc. operates real estate and home-related information marketplaces on mobile and the Web in the United States. It offers a portfolio of brands and products to assist people find vital information about homes, and connect with local professionals. The company product portfolio comprises Zillow, a real estate and rental marketplace dedicated to consumers with data, inspiration, and knowledge around the place they call home, and connecting them with the local professionals who can assist; and Trulia, a home shopping marketplace, focused on giving home buyers, sellers, and renters the information they need to make better decisions about where to live.
At the end of Wednesday’s trade, Glu Mobile Inc. (NASDAQ:GLUU)‘s shares surged 2.34% to $4.38.
Glu Mobile Inc. (GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, recently declared the availability of Tap Sports Football on the App Store and Google Play. Football fans build and manage a team of professional players, make planned decisions and compete against friends. Branded with the likeness of star quarterback Drew Brees, Tap Sports Football features all active players through Glu’s partnership with the National Football League Players Association (NFLPA).
Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.
Lam Research Corporation (NASDAQ:LRCX), ended its Wednesday’s trading session with 2.21% gain, and closed at $71.10.
Lam Research Corporation (LRCX) declared its forthcoming investor conference plan:
September 9, 2015 - Citi Global Technology Conference, 8:45 AM Pacific Time
A live webcast of the presentation will be accessible to the public and can be accessed from the Investors’ section of Lam’s website at www.lamresearch.com. A replay of the webcast will be accessible for two weeks after the presentation dates.
Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits. It provides thin film deposition products, counting SABRE electrochemical deposition products for copper damascene manufacturing; ALTUS systems to deposit conformal atomic layer films for tungsten metallization applications; VECTOR plasma-improved chemical vapor deposition and atomic layer deposition systems to deposit oxides, nitrides, carbides, multiple patterning films, anti-reflective layers, multi-layer stack films, and diffusion barriers; SPEED high-density plasma-chemical vapor deposition products for applications in shallow trench isolation, pre-metal dielectrics, inter-layer dielectrics, inter-metal dielectrics, and passivation layers; and SOLA ultraviolet thermal processing products for the treatment of back-end-of-line low-k dielectric films and front-end-of-line silicon nitride strained films.
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