On Friday, Shares of Frontier Communications Corporation (NASDAQ:FTR), gained 0.60% to $5.03.
On June 11, Frontier Communications was honored at the 2015 New York State Broadband Summit and Awards Ceremony in Albany. Governor Andrew M. Cuomo declared Frontier among the winners of the New York State Broadband Champion Awards that recognized leaders whose efforts expand broadband access across the state.
Frontier received two awards: The “Economic Leadership Award” for its broadband initiative with Hamilton County, bestowed for the successful implementation of an innovative, economically promising project to enhance the county’s social and economic fabric and quality of life; and the “Most Innovative Broadband Project Award” for its creativity in assisting the Town of Thurman connect to the Internet via white space technology.
Frontier Communications Corporation, a communications company, provides regulated and unregulated voice, data, and video services to residential, business, and wholesale customers in the United States.
Shares of Hewlett-Packard Company (NYSE:HPQ), declined -0.87% to $31.80, during its last trading session.
Hewlett-Packard Company, declared its latest generation Pavilion x2, a new detachable designed to be a tablet first without compromising the notebook experience. HP also declared new ENVY notebooks that combine great battery life in a thinner, new curved design.
Specifically, HP declared:
- HP Pavilion x2 takes the detachable PC category to a new level by merging the best of a super thin tablet with a notebook form factor. Designed for productivity and stability, the detachable PC uses an innovative magnetic hinge to easily transition from notebook to tent mode to stand mode.
- HP ENVY 14 and 15.6 inch notebooks have longer battery life and a new curved profile with an elevated hinge design that looks great and offers better ergonomics for improved productivity. The ENVY notebooks are designed with authentic aluminum finishes and a backlit keyboard, Bang & Olufsen premium audio and high resolution displays. The 15 inch device offers optional discrete graphics.
- HP ENVY 17.3 inch notebook is designed for customers who need the power of a large screen desktop in a portable form factor. The notebook offers Intel® Core™ i7 processors and premium hardware options counting discrete graphics and high resolution touch displays.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to the government, health, and education sectors worldwide.
Finally, Eldorado Gold Corporation (NYSE:EGO), ended its last trade with -2.85% loss, and closed at $4.09.
Eldorado Gold Corporation, declared the completion of the Feasibility Study with its wholly owned partner Brazauro Recursos Minerais S/A (Brazauro) for the Tocantinzinho Gold Project. The Study was led by an internal team with technical support offered by various Canadian and Brazilian consultants. The Tocantinzinho project is located in the State of Pará, Northern Brazil .
“The Study results reflect the continued refinement of engineering and cost estimation on the Tocantinzinho Project. The Company has successfully operated in Brazil since 1996 and the noteworthy experience of our technical team in Brazil contributes to the integrity of the results. We will continue to further refine the development plan and complete the outstanding permitting in advance of a construction decision,” stated Paul N. Wright , Chief Executive Officer of Eldorado Gold.
Highlights
- 7 million oz of gold produced over the life of the project
- Using conventional open pit mining methods, mining a total of 41.1 million tonnes (Mt) of ore with a strip ratio of 3.5:1 over the mine life.
- Recoveries of 90.1% for primary ore and 75.0% for saprolite ore, utilizing a simple comminution, flotation and leaching process.
- Initial capital cost estimated at $466 million and sustaining capital, counting closure costs, estimated at $64 million .
- Cash operating costs of $572 /oz.
- Generation of a positive NPV of $245 million at a 5% discount rate and an IRR of 13.5%.
Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania. It also explores for iron, silver, lead, zinc, and copper ores.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
