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Wednesday 17 June 2015
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Pre-Market Stocks Recap: National Bank of Greece, (NYSE:NBG), Atmel Corporation, (NASDAQ:ATML), Newmont Mining Corporation, (NYSE:NEM)

On Tuesday, Shares of National Bank of Greece S.A. (NYSE:NBG), lost -5.22% to $1.09, as debt negotiations between the country and its creditors remain stalled. There is growing concern and anger across Europe over what the outcome of the Greek financial crisis will be, CNBC.com reports.

While at a government meeting on Monday, Greece’s Prime Minister Alexis Tsipras blamed creditors for the stalled talks, CNBC.com added. The prime minister’s views on who is to blame were quickly rejected across Europe.

National Bank of Greece S.A., together with its auxiliaries, provides diversified financial services. The company is involved in retail and commercial banking, asset administration, investment banking, brokerage, and insurance activities.

Shares of Atmel Corporation (NASDAQ:ATML), inclined 3.28% to $10.25, during its last trading session, hitting its highest level, as technology stocks were higher Tuesday with shares of technology companies in the S&P 500 rising about 0.6% in afternoon trade.

On June 3, Atmel Corporation declared ASUS has selected Atmel’s maXTouch® controllers to power the touchscreen and active stylus pen of its newly launched 10.1″ Z300 tablet. The 10.1″ Z300 tablet is the world’s first on-cell touchscreen with capacitive active stylus pen support enabling a precise ‘pen-to-paper’ writing experience for more content generation on recently’s digital devices. On-cell displays enable thinner designs for next-generation mobile products.

The ASUS Z300 tablet uses one of the industry’s most advanced capacitive styli, Atmel’s maXStylus® mXTS220—the only active pen with noise immunity capable of operating in the high display noise environment emitted by ultra-thin on-cell stackups. The touchscreen on this tablet is powered by Atmel’s maXTouch® T-series touchscreen controller, featuring a revolutionary sensing architecture that combines both mutual and self-capacitance to enhance performance. Atmel’s maXStylus and maXTouch integrate seamlessly to create a flawless user experience in even the most demanding conditions.

Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.

Finally, Newmont Mining Corporation (NYSE:NEM), ended its last trade with -0.37% loss, and closed at $23.94.

Newmont Mining Corporation, declared it has closed its common stock sale to Citigroup and J.P. Morgan, each of which acted as an underwriter for the offering. In the offering, Newmont received aggregate net proceeds of about $674 million, after deducting estimated expenses.

The Company intends to use the proceeds from the common stock sale, supplemented with cash from the Company’s balance sheet, to fund the acquisition from AngloGold Ashanti Limited of the Cripple Creek & Victor mine in Colorado (the “CC&V Acquisition”). The CC&V Acquisition represents a value-accretive opportunity to improve mine life, costs, and free cash flow in a favorable jurisdiction. Until the CC&V Acquisition is accomplished, the Company intends to place the proceeds from this offering in short-term liquid investments.

Newmont Mining Corporation operates in the mining industry. It primarily acquires, develops, explores for, and produces gold, copper, and silver deposits. The company’s operations and/or assets are located in the United States, Australia, Peru, Indonesia, Ghana, and New Zealand.

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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.

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