On Wednesday, Jumei International Holding Ltd(ADR) (NYSE:JMEI)’s shares declined -0.10% to $19.40.
International Holding Limited (JMEI) China’s leading online retailer of beauty products, recently declared that it has agreed to provide BabyTree with a convertible loan and a revolving credit facility of up to RMB1.55 billion (US$250 million). The principal of the convertible loan portion of the transaction could reach as high as RMB744 million (US$120 million) depending on the working capital needs of BabyTree and certain operating performance criteria being met. The loan will be convertible into a minority interest in BabyTree based on a pre-agreed formula. The revolving credit facility will be RMB806 million (US$130 million), and drawdown by BabyTree will also depend on the working capital needs of BabyTree and certain operating performance criteria being met.
According to BabyTree, BabyTree is the largest online parenting community in China, and is among the largest online parenting communities globally as ranked by traffic volume. Presently the DAU (daily active users) of BabyTree has surpassed 10 million. BabyTree.com, the website of the company, together with its mobile apps “BabyTree Pregnancy” and “BabyTree Footprints,” cover over 80% of pregnancy-stage parents and parents of 0-6 year-old children in China. The “BabyTree Pregnancy” app ranks number one among baby and maternity mobile apps in China.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children. It also provides apparel and other lifestyle products, counting women’s wear, footwear, lingerie, handbags and luggage, men’s wear, sportswear and sporting goods, accessories, home goods, and other lifestyle products, in addition to baby, children, and maternity products; and snacks and health supplements.
Community Health Systems (NYSE:CYH)’s shares gained 0.44% to $59.04.
Community Health Systems, Inc. (CYH) declared that it will provide an online Web simulcast and rebroadcast of its second quarter 2015 conference call.
The Company will issue a press release announcing its results on Monday, August 3, 2015, after the regular close of trading. The conference call is planned to start at 10:00 a.m. Central time, 11:00 a.m. Eastern time, on Tuesday, August 4, 2015. A live broadcast of the conference call will be accessible online at www.chs.net. To listen to the live call, please go to the web site at least 15 minutes early to register, download, and install any necessary audio software. The online replay will follow shortly after the call and continue through September 4, 2015.
Community Health Systems, Inc., together with its auxiliaries, provides general and specialized hospital healthcare services to patients in the United States. The company operates general acute care hospitals that offer a range of inpatient and outpatient medical and surgical services, such as general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, in addition to skilled nursing and home care services based on individual community needs.
At the end of Wednesday’s trade, Endeavour Silver Corp (NYSE:EXK)‘s shares dipped -0.7% to $1.42.
Endeavour Silver Corp.(EXK) posted steady silver production results in the Second Quarter, 2015 from the Company’s three operating silver mines in Mexico: the Guanaceví mine in Durango State and the Bolañitos and El Cubo mines in Guanajuato State.
Silver production in the Second Quarter, 2015 was on plan for the year at 1,769,741 ounces (oz) and gold production was 13,047 oz, slightly below plan. Silver equivalent production was also on plan at 2.7 million oz using a 70:1 silver gold ratio.
Production Highlights for Second Quarter, 2015 (Contrast to Second Quarter, 2014)
- Silver production raised 6% to 1,769,741 oz.
- Gold production reduced 14% to 13,047 oz.
- Silver equivalent production reduced 2% to 2.7 million oz (at a 70:1 silver: gold ratio).
- Silver oz sold up 8% to 1,912,595 oz.
- Gold oz sold down 6% to 13,797 oz.
Endeavour Silver Corp., a Canadian mineral company, engages in the evaluation, acquisition, exploration, development, and exploitation of precious metal properties in Mexico and Chile. It produces silver-gold from its underground mines. The company primarily holds interests in the Guanacevi mine in the Durango state; and the Bolañitos and El Cubo mines in the Guanajuato state of Mexico. It also has interests in various exploration properties in Mexico and Chile, counting Guadalupe Y Calvo and La Bufa exploration projects in Chihuahua, Mexico; and the San Sebastian project located in Jalisco, Mexico, in addition to options to acquire a 51% interest in the Panuco exploration property located in Durango, Mexico; and purchase a 75% interest in the El Inca properties located in Chile.
Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), ended its Wednesday’s trading session with 1.99% gain, and closed at $1.54.
Ballard Power Systems (BLDP) declared that it has signed a contract to provide a 1 megawatt (1MW) ClearGen™ fuel cell distributed generation system for Hydrogène de France (HDF) which will be deployed at an AkzoNobel (www.akzonobel.com) sodium chlorate chemical plant in Bordeaux Métropole, France . In addition, Ballard will provide engineering services support for the program.
Powered by its proprietary proton exchange membrane (PEM) fuel cells, the Ballard ClearGen™ clean energy system will enable HDF to generate electricity and supply it to the local grid, assisting satisfy local power demands.
Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications. It also develops methanol and hydrogen fueled clean energy backup power systems, in addition to provides engineering services for various fuel cell applications.
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.
