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Tuesday 23 June 2015
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Pre- Market News Review: Alamos Gold (TSE:AGI), Kroger (NYSE:KR), Darling Ingredients (NYSE:DAR), Anworth Mortgage Asset (NYSE:ANH)

On Friday, Alamos Gold Inc (TSE:AGI)’s shares inclined 0.54% to $7.47.

Alamos Gold Inc (AGI) declared the withdrawal of the projected AuRico Metals Inc. (“AuRico Metals”) employee share purchase plan (the “Plan”) that was to be presented at their respective Special Meetings of Shareholders (the “Meetings”) to be held on June 24, 2015. The original Plan for AuRico Metals was based on the approved Plan of AuRico and while the Plan received a positive recommendation from proxy advisory firm Glass, Lewis & Co., LLC, Alamos and AuRico have withdrawn the Plan in response to the recommendation made by proxy advisory firm Institutional Shareholder Services Inc. The long term incentive plan of AuRico Metals remains unchanged and will be presented to Alamos and AuRico shareholders at their respective Meetings for approval. AuRico Metals is a new company that has been created as part of the formerly declared merger of equals between Alamos and AuRico.

Alamos Gold Inc., a gold mining company, engages in the exploration, mine development, and mining and extraction of precious metals, primarily gold. The company’s primary asset is the Mulatos mine covering about 28,773 hectares of concessions in the state of Sonora, Mexico. It also owns the Agi Dagi, Kirazli, and Çamyurt gold development projects in the Biga district, Turkey; the Esperanza Gold Project in Morelos State, Mexico; and the Quartz Mountain Property in Oregon, the United States. Alamos Gold Inc. was founded in 1994 and is headquartered in Toronto, Canada.

Kroger Co (NYSE:KR)’s shares gained 0.56% to $73.95.

To meet rising demand for convenience and healthy living, The Kroger Co. (KR) and its King Soopers division launched the new natural and organic eCommerce website KingSoopers.com/LiveNaturally.

Open to King Soopers customers who live in and around the Denver metro area, and offering more than 36,000 natural and organic products, KingSoopers.com/LiveNaturally provides the convenience of online shopping for a variety of healthy living products – while virtually extending the product selection and creating an endless aisle experience for King Soopers customers. Every product is free from more than 101 artificial ingredients and preservatives that many customers prefer be left out of products.

Kroger called the eCommerce website the next step in its effort to make seamless, omni-channel shopping a reality for its customers.

The Kroger Co., together with its auxiliaries, operates as a retailer in the United States and internationally. It also manufactures and processes food for sale in its supermarkets. The company operates retail food and drug stores, multi-department stores, jewelry stores, and convenience stores. Its combination food and drug stores offer natural food and organic sections, pharmacies, general merchandise, pet centers, fresh seafood, and organic produce; multi-department stores provide general merchandise items, such as apparel, home fashion and furnishings, outdoor living, electronics, automotive products, toys, and fine jewelry; and price impact warehouse stores offer grocery, and health and beauty care items, in addition to meat, dairy, baked goods, and fresh produce items.

the end of Friday’s trade, Darling Ingredients Inc (NYSE:DAR)‘s shares surged 0.06% to $15.50.

Darling Ingredients Inc (DAR) declared that administration will present at the Oppenheimer 15th Annual Global Consumer Conference to be held at the Four Seasons Hotel in Boston on June 23-24, 2015. Randall C. Stuewe, Darling’s Chief Executive Officer, is planned to present June 24th, at 1:05 p.m. EDT, and will hold one-on-one meetings throughout the day.

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients worldwide. It operates in three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. The company offers a range of ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, technical, fuel, bioenergy, and fertilizer industries. It collects and transforms various animal by-product streams into useable and specialty ingredients, such as gelatin, edible fats, feed-grade fats, animal proteins and meals, plasma, pet food ingredients, organic fertilizers, yellow grease, fuel feedstocks, green energy, natural casings, and hides.

Anworth Mortgage Asset Corporation (NYSE:ANH), ended its Friday’s trading session with 2.90% gain, and closed at $5.33.

Anworth Mortgage Asset Corporation (ANH) declared a quarterly common stock dividend of $0.15 per share for the second quarter of 2015. The common stock dividend is payable on July 29, 2015 to common stockholders of record as of the close of business on June 30, 2015.

Also, the Company declared that the Board authorized the Company to acquire up to an additional 5,000,000 shares of the Company’s common stock through its share repurchase program.

Anworth Mortgage Asset Corporation operates as a real estate investment trust in the United States. The company primarily invests in, finances, and manages a portfolio of residential agency mortgage-backed securities, which are securities guaranteed by Ginnie Mae, or by agencies or instrumentalities of the federal government, counting Fannie Mae and Freddie Mac.

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