On Wednesday, Johnson Controls Inc (NYSE:JCI)’s shares declined -4.67% to $48.57.
Johnson Controls Inc (JCI) declared it has designated Greg Guyett executive vice president, Corporate Development, effective Aug. 10. In this role, Guyett will have responsibility for maintaining and developing relationships with external financial advisory firms, leading merger and acquisition activities, and working with the businesses on growth initiatives for the multi industrial company.
Guyett most served as head of investment banking, Asia Pacific for J.P. Morgan. Prior to that, Guyett served in a number of assignments with J.P. Morgan across the globe. Earlier in his career he was a senior banker advising many of the largest industrial and automotive companies on a broad range of planned issues.
Guyett received a bachelor’s degree in art and archaeology from Princeton University.
Johnson Controls, Inc. operates as a diversified technology and industrial company worldwide. Its Building Efficiency segment designs, produces, markets, and installs integrated heating, ventilating, and air conditioning systems, in addition to building administration systems, controls, and security and mechanical equipment.
Potash Corp./Saskatchewan (USA) (NYSE:POT)’s shares dropped -2.18% to $29.15.
PotashCorp believes the projected transaction would combine two best-in-class companies with minimal overlap to create a global producer in the nutrient industry for the long-term benefit of investors, customers, employees and the communities where both companies operate. The company affirmed that its proposal is not predicated on closing mines, curtailing production, selling the salt business or cutting jobs.
PotashCorp has put forward a compelling proposal to negotiate a transaction that it believes balances the interests of investors and other stakeholders, counting the employees and communities in which the companies operate. It is encouraged by K+S’ response since many of the matters raised have already been addressed in previous correspondence or can be addressed if K+S were to agree to meet with company representatives.
Potash Corporation of Saskatchewan Inc., together with its auxiliaries, produces and sells fertilizers and related industrial and feed products worldwide. The company operates in three segments: Potash, Nitrogen, and Phosphate. It mines and produces potash, which is primarily used as fertilizer. The company also offers solid and liquid phosphate fertilizers; animal feed supplements; purified phosphoric acid, which is used in food products and industrial processes; hydrofluosilicic acid; and silicon tetrafluoride. In addition, it produces nitrogen fertilizers and nitrogen feed, in addition to industrial products, counting ammonia, urea, nitrogen solutions, ammonium nitrate, and nitric acid.
At the end of Wednesday’s trade, AbbVie Inc (NYSE:ABBV)‘s shares dipped -1.33% to $67.65.
AbbVie (ABBV) will declare its second-quarter 2015 financial results on Friday, July 24, 2015, before the market opens.
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company’s products comprise HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; VIEKIRA PAK, an all-oral, short-course, interferon-free therapy, with or without ribavirin, for adult patients with genotype 1 chronic hepatitis, counting those with compensated cirrhosis; Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in people with HIV-1; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1 infection; and Synagis to prevent respiratory syncytial virus infection in high risk infants. It
IAMGOLD Corp (USA) (NYSE:IAG), ended its Wednesday’s trading session with -1.05% loss, and closed at $1.88.
IAMGOLD Corporation offered an update from ongoing exploration at the Company’s wholly-owned Pitangui gold project in Brazil.
Assay results have been received for a further 24 diamond drill holes totaling 9,802 meters from a total of 61 drill holes totaling 22,406 metres accomplished on the São Sebastião deposit as part of an ongoing delineation drilling program initiated in 2014. A drill hole location plan is offered with this news release.
The drilling results are offered in Table 1 below, and comprise the following highlights:
- Drillhole FJG-084: 11.93 metres grading 5.59 g/t gold
Counting:
24 metres grading 14.80 g/t gold - Drillhole FJG-086: 7.65 metres grading 5.25 g/t gold
98 metres grading 6.84 g/t gold
Counting:
3.45 metres grading 17.02 g/t gold - Drillhole FJG-088: 7.38 metres grading 8.12 g/t gold
- Drillhole FJG-105: 7.61 metres grading 9.78 g/t gold
IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, in addition to exploration and development projects located in Africa, South America, and Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
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