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Tuesday 26 May 2015
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Thursday’s Active Stocks in the News: Cisco Systems, (NASDAQ:CSCO), Kinross Gold Corporation, (NYSE:KGC), Reynolds American, (NYSE:RAI), Electronic Arts, (NASDAQ:EA)

On Thursday, Shares of Cisco Systems, Inc. (NASDAQ:CSCO), lost -0.64% to $29.43.

Cisco Systems, will host a Tech Talk with Goldman Sachs to talk about growth drivers in Cisco’s enterprise networking portfolio counting innovations in campus switching and wireless. Rob Soderbery, SVP, Enterprise Products and Solutions, will give a brief presentation and address questions during the webcast/conference call.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

Shares of Kinross Gold Corporation (NYSE:KGC), closed at $2.44, during its last trading session.

The gold price recovered from another one-week low on Thursday afternoon after mixed US data and dovish Fed minutes played on sentiment.

Spot gold was last at $1,204.00/1,204.80 per ounce, down $5.30 on Wednesday’s close, having hit its lowest in a week again at $1,201.60 following the US weekly jobless claims figure.

Kinross Gold Corporation, together with its auxiliaries, engages in the acquisition, exploration, and development of gold bearing properties. It is involved in mining and processing gold and silver ores. The company’s gold production and exploration activities are carried out principally in Canada, the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania.

At the end of Thursday’s trade, Shares of Reynolds American Inc. (NYSE:RAI), lost -0.30% to $75.49.

Camel cigarette brand owner Reynolds American Inc’s planned acquisition of smaller rival Lorillard Inc is predictable to receive U.S. antitrust clearance as soon as next week, the Wall Street Journal said.

Reynolds offered to buy Lorillard for $25 billion in last July. A merger will combine the number 2 and number 3 cigarette companies in the United States.

Reynolds, Lorillard and the U.S. Federal Trade Commission were not right away accessible for comment.

Reynolds American Inc., through its auxiliaries, manufactures and sells cigarettes and other tobacco products in the United States. It operates through RJR Tobacco, American Snuff, and Santa Fe segments. The RJR Tobacco segment offers cigarettes under the brand names of CAMEL, PALL MALL, WINSTON, KOOL, DORAL, SALEM, MISTY, and CAPRI; and CAMEL Snus, a smoke-free tobacco product, in addition to manages various licensed brands, counting DUNHILL and STATE EXPRESS 555.

Finally, Electronic Arts Inc. (NASDAQ:EA), ended its last trade with 0.72% gain, and closed at $62.69.

Ghost Games™, an Electronic Arts Inc. (EA) studio, declared the return of Need for Speed™ in a full reboot of this storied franchise. The game delivers on what the fans want, and what Need for Speed stands for - deep customisation, authentic urban car culture, a nocturnal open world, and an immersive narrative that pulls you through the game.

“Need for Speed is one of the most iconic names in gaming, and we’re returning it to greatness in this reboot,” said Marcus Nilsson, Executive Producer at Ghost Games. “Pulling on our 20 years of history, and then taking a year out from releasing a game, we are making the game we’ve always wanted to. We’re listening to the fans and delivering an experience that will capture their imagination and unleash their passion for cars and speed.”

Electronic Arts Inc. develops, markets, publishes, and distributes game software content and services for video game consoles, personal computers, mobile phones, and tablets. The company operates through EA Games, EA SPORTS, Maxis, PopCap, and All Play segments.

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