On Thursday, AuRico Gold Inc (NYSE:AUQ)’s shares inclined 3.62% to $2.86.
Alamos Gold Inc.and AuRico Metals Inc. declared the completion of the formerly declared arrangement involving Alamos Gold Inc. and AuRico Gold Inc. (AUQ). Following the Arrangement, Former Alamos and Former AuRico amalgamated to form Alamos, and certain assets of Former AuRico, counting the Kemess project, certain royalties and cash, were transferred to AuRico Metals. About 95.1% of the common shares of AuRico Metals (“AuRico Metals Shares”) were distributed to Former Alamos and Former AuRico shareholders. Following completion of the Arrangement, Alamos holds an equity interest of about 4.9% in AuRico Metals.
Under the terms of the Arrangement, each Former Alamos share held was ultimately exchanged for 1 Class A common share of Alamos (“Class A Shares”), US$0.0001 in cash, and 0.4397 AuRico Metals Shares, and each Former AuRico share held was ultimately exchanged for 0.5046 Class A Shares and 0.2219 AuRico Metals Shares. Upon closing, Alamos has about 255,505,000 Class A Shares outstanding with Former Alamos and Former AuRico shareholders each owning about 50% and AuRico Metals has about 118,120,000 shares outstanding with Former Alamos and Former AuRico shareholders each owning about 50% of the shares not held by Alamos.
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. The company was formerly known as Gammon Gold Inc. and changed its name to AuRico Gold Inc. in June 2011. AuRico Gold Inc. was founded in 1986 and is headquartered in Toronto, Canada.
Manulife Financial Corporation (USA) (NYSE:MFC)’s shares dropped -0.96% to $18.54.
King Digital Entertainment PLC (KING) declared the launch of its first word-based ‘Saga’ game, AlphaBetty Saga. Now accessible to download for free from the AppStore and Google Play, this new game challenges players to take an exciting journey into the world of words, accompanied by an adventurous band of mice.
AlphaBetty Saga sets players off on a bold new quest as Betty, a young mouse living in the 1930s, follows her grandfather, Professor Alpha, and his loyal assistant, Barney, to discover lost words to complete the “Encyclopedia of Everything”. As the world’s authority on collecting words, Professor Alpha will call on players to assist him complete the legendary book.
This vibrant word-based game uses non-linear gameplay to enhance creative word play and planned opportunities for players as they are tasked with connecting adjacent letters to create words, score points and ultimately advance through a world very much like our own except for one small detail – it’s inhabited by mice and much of it is made of cheese!
King Digital Entertainment plc, an interactive entertainment company, produces and distributes digital games on multiple platforms in the United States, the United Kingdom, Germany, and internationally. The company primarily provides Candy Crush Saga, Candy Crush Soda Saga, Farm Heroes Saga, Pet Rescue Saga, and Bubble Witch 2 Saga games.
At the end of Thursday’s trade, Valley National Bancorp (NYSE:VLY)‘s shares dipped -1.43% to $10.33.
Valley National Bancorp (VLY) the holding company for Valley National Bank, declared that it will release its second quarter 2015 earnings before the market opens on July 30, 2015.
Valley’s Chairman, President and CEO, Gerald H. Lipkin will host a conference call on Thursday, July 30, 2015 at 11:00 AM (ET) to talk about Valley’s second quarter 2015 earnings. Interested parties are invited to listen in by dialing 800-230-1074. A replay of the teleconference will be accessible starting at 1:00 PM on Thursday, July 30, 2015 and ending at 11:59 PM on August 6, 2015 by dialing 800-475-6701 (International - 1-320-365-3844), access code 363466.
Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, insurance, and wealth administration financial services products. The company operates through Commercial Lending, Consumer Lending, and Investment Administration segments. Its deposit products comprise non-interest bearing, savings, NOW, and money market deposits, in addition to certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, in addition to fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit, and related products and other ancillary services.
Illinois Tool Works Inc. (NYSE:ITW), ended its Thursday’s trading session with -0.07% loss, and closed at $93.40.
Illinois Tool Works Inc. (ITW) declared a regular quarterly cash dividend of $0.485 per share. The dividend equates to $1.94 per share on a full-year basis. The dividend will be paid on July 7, 2015, to shareholders of record as of June 30, 2015.
ITW is a Fortune 200 global diversified industrial manufacturer of value added consumables and specialty equipment with related service businesses. The Company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a noteworthy presence in developed in addition to emerging markets. ITW’s revenues totaled $14.5 billion in 2014.
Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. It operates through seven segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. The Automotive OEM segment produces components and fasteners for automotive-related applications. The Test & Measurement and Electronics segment provides equipment, consumables, and related software for testing and measuring of materials and structures, in addition to equipment and consumables used in the production of electronic subassemblies and microelectronics.
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