GOLDEN, Colo., March 01, 2019 (GLOBE NEWSWIRE) -- Golden Minerals Company (NYSE MKT: AUMN; TSX: AUMN) ("Golden Minerals" or "the Company"), wishes to issue a statement that the Company is not aware of any undisclosed material facts that would cause yesterday's abrupt downward movement in the Company's share price in the closing seconds of US trading. Golden’s net earnings, released yesterday, improved quarter over quarter and year over year and the Company is confident in its pipeline of assets and its ability to generate value for Golden Minerals shareholders. The Company has asked the New York Stock Exchange to urgently investigate this event. About Golden Minerals Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on advancing its El Quevar silver property in Argentina and on acquiring and advancing mining properties in Mexico with emphasis on areas near its Velardeña processing plants. For additional … [Read more...] about Golden Minerals Company: No Undisclosed Material Related to Stock Movement
Share price movement
Northrim BanCorp Second Quarter 2018 Net Income Grows 62% to $5.8 Million, or $0.84 per Diluted Share, Reflecting Net Interest Margin Expansion and Lower Tax Rates
ANCHORAGE, Alaska, July 30, 2018 (GLOBE NEWSWIRE) -- Northrim BanCorp, Inc. (NASDAQ:NRIM) (“Northrim” or the "Company") today reported profits grew 62% to $5.8 million, or $0.84 per diluted share, in the second quarter of 2018 compared to $3.6 million, or $0.51 per diluted share, in the second quarter of 2017, and increased 44% from $4.1 million, or $0.58 per diluted share in the first quarter of 2018. Rising short-term interest rates contributed to profitability with net interest margin ("NIM") expanding to 4.50% and on a tax equivalent basis* ("NIMTE") expanding to 4.56%, as short-term investments repriced or matured and were reinvested at higher interest rates during the second quarter. In addition, earnings reflect a benefit from lower tax rates effective for 2018. Pretax, pre-provision profits increased 22% to $6.7 million in the second quarter of 2018 from $5.5 million in the second quarter a year ago and grew 36% from $4.9 million in the preceding … [Read more...] about Northrim BanCorp Second Quarter 2018 Net Income Grows 62% to $5.8 Million, or $0.84 per Diluted Share, Reflecting Net Interest Margin Expansion and Lower Tax Rates
CBS Share Price Plunges Amid News of Forthcoming Les Moonves New Yorker Exposé
U.S. CBS Corporation share prices took a steep plunge Friday afternoon amid reports of a forthcoming exposé about alleged misconduct from its CEO Les Moonves. The Hollywood Reporter published an article stating that a piece in the New Yorker—penned by Pulitzer Prize-winner Ronan Farrow—was set to drop on Friday and that it would reveal Moonves has been accused of "unwanted kissing and touching." Quickly, CBS shares plunged. By about 12:30 p.m. ET, shares had dropped some six percent to around $54. Recommended Slideshows 76 50 Highest Paying Jobs in the United States 80 In Pictures: Top 50 U.S. Cities Ranked by Quality of Life And Average Salary 76 75 Best-Selling Albums in U.S. History The New Yorker piece had not yet been published at the time of this writing. CBS did respond to the Hollywood Reporter. "All allegations of personal misconduct are to be taken seriously," CBS told the Hollywood … [Read more...] about CBS Share Price Plunges Amid News of Forthcoming Les Moonves New Yorker Exposé
Walgreens Tops Profit Estimates, to Buy Back $10 Bln Shares
Further, the stock has been in poor technical condition, recently failing from resistance. The stock price is showing 3.08% distance above 50 SMA. Lastly, Scotiabank reduced their price objective on Walgreens Boots Alliance from $93.00 to $91.00 and fixed an outperform recommendation for The corporation in a note on Mon, Apr 2nd.When it comes to the Analysis of a Stock, Price Target plays a vital role. Since there are so many eyes on the 200-day SMA of Walgreens Boots Alliance, Inc., many traders will place their orders around this key level. Walgreens Boots Alliance's yield ratio (DPR) is presently 31.37%. This public company's stock also has a beta score of 0.40. Unusual volume shows something has likely happened in the stock-such as a news release or traders have become anxious or euphoric about the stock's potential. The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. Relative Volume (or RVOL) is a volume indicator, meaning … [Read more...] about Walgreens Tops Profit Estimates, to Buy Back $10 Bln Shares
Big U.S. pork producers accused of price-fixing
Did several big U.S. pork producers illegally conspire to fatten prices for their own benefit? A federal class action accuses several industry players -- including Smithfield Foods, Hormel Foods (HRL) and Tyson Foods (TYSN) -- of colluding to fix the price of pork by exchanging confidential information via an outside market monitor called Agri Stats. The result, the suit says, caused consumers to pay artificially high prices. The 98-page lawsuit filed Thursday in U.S. District Court in Minnesota claims that since at least 2009, pork companies exchanged "detailed, competitively sensitive and closed guarded non-public information about prices, capacity, sales volume and demand through their co-conspirator Agri Stats." This information is contained in "benchmarking" reports that Agri Stats provides on a weekly and monthly basis to most pork producers. These reports allow companies to compare their profits and performance against their rivals. Agri Stats, however, provides detailed enough … [Read more...] about Big U.S. pork producers accused of price-fixing