On Monday, Applied Materials, Inc. (NASDAQ:AMAT)’s shares declined -1.82% to $15.64.
Applied Materials, Inc. declared that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on the company`s common stock. The dividend is payable on December 10, 2015 to stockholders of record as of November 19, 2015.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The company’s Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits.
Mylan NV(NASDAQ:MYL)’s shares dropped -2.88% to $48.16.
Mylan N.V. (MYL) confirmed that on September 19, 2015 the Stichting Preferred Shares Mylan, an independent foundation incorporated under the laws of the Netherlands, requested cancellation of the preferred Mylan shares issued to the Foundation on July 23, 2015. The Foundation informed Mylan it was satisfied that influences that might adversely affect the strategy, mission and other interests of Mylan, its business and its stakeholders to be protected by the Foundation as described in the Foundation’s articles of association have been sufficiently addressed.
Cancellation of the preferred shares requires Mylan shareholder approval. The Mylan Board of Directors will declare the shareholders meeting to approve the cancellation of the preferred shares in due course.
Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).
At the end of Monday’s trade, Target Corporation (NYSE:TGT)‘s shares surged 2.15% to $78.26.
The board of directors of Target Corporation (TGT) has declared a quarterly dividend of 56 cents per common share. The dividend is payable December 10, 2015 to shareholders of record at the close of business November 18, 2015. The 4th quarter dividend will be the company’s 193rd successive dividend paid since October 1967 when the company became publicly held.
Target Corporation operates as a general merchandise retailer in the United States and Canada. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys; electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes.
AngloGold Ashanti Limited (ADR) (NYSE:AU), ended its Monday’s trading session with -1.76% loss, and closed at $8.35.
Randgold Resources Limited and AngloGold Ashanti (AU) have concluded an investment agreement aimed at the formation of a joint venture to redevelop and operate AngloGold Ashanti’s Obuasi gold mine in Ghana. In terms of the Agreement, Randgold will lead and fund a development plan designed to rebuild Obuasi as a viable long-life mining business with an attractive cost structure and returns.
Obuasi, located in the Ashanti region of Ghana, 320 kilometers northwest of the capital Accra, is a large, high-grade deposit with proven and probable ore reserves (as stated by AngloGold Ashanti in their 2014 Annual Report) of 24.53Mt at 6.70g/t for 5.29Moz, part of a substantial mineral resource base. In 2012, AngloGold Ashanti initiated a programme to modernise the mine, principally by starting to develop a ramp access that will ultimately run from surface to high-grade blocks of ore underground. The ramp will supplement current vertical hoisting infrastructure and assist debottleneck the underground operation by allowing for greater ease in transporting people and materials underground, and transporting ore to surface. This is a necessary step ahead of the envisaged transformation of the mine into a modern, mechanized operation.
AngloGold Ashanti Limited operates as a gold mining and exploration company. It also produces silver, uranium oxide, copper, molybdenum, and sulphur. The company has 20 operations and exploration projects in South Africa, Continental Africa, Australasia, and the Americas.
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