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Stock Market & Financial Investment News

News Breaks
April 28, 2014
13:33 EDTABX, NEMBarrick Gold clarifies merger discussions with Newmont Mining
In response to a press release issued today by Newmont Mining (NEM), Barrick Gold (ABX) confirms that the company had negotiated a term sheet for a proposed merger between Barrick and Newmont, which was agreed upon and signed by both parties on April 8. Since then, Newmont has sought to renege on three foundational elements of the signed term sheet: the location of the head office of the merged company in Toronto; the identification of any specific assets that would be included in a spin-off company; and the carefully constructed governance arrangements, particularly with respect to the roles and authority of the Chairman, the Lead Director and the CEO. Both companies were in full agreement that the merger would produce substantial added value for shareholders, through unique synergies that can only be achieved by combining Barrick and Newmont, and the spin-off and further rationalization of certain of the companies' combined assets.
News For ABX;NEM From The Last 14 Days
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September 29, 2014
16:32 EDTNEMNew Gold appoints David Schummer as COO
New Gold (NGD) announced the appointment of David Schummer as EVP and COO. Schummer joins New Gold having spent 22 years at Newmont Mining (NEM).
September 25, 2014
10:06 EDTABXOn The Fly: Analyst Upgrade Summary
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06:10 EDTABXBarrick Gold upgraded to Overweight from Neutral at HSBC
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September 24, 2014
07:56 EDTABX, NEMCFA Society of Philadelphia to host a luncheon meeting
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September 23, 2014
16:27 EDTNEMNewmont raises copper output guidance after receipt of Indonesia export permit
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September 22, 2014
13:44 EDTNEMNewmont Mining subsidiary expects Indonesia copper exports to resume this week
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September 18, 2014
07:53 EDTABXBarrick Gold October volatility flat as gold trades near four-year low
Barrick Gold October call option implied volatility is at 32, November is at 29, January is at 28; compared to its 26-week average of 32 according to Track Data, suggesting non-directional price movement.
September 17, 2014
06:43 EDTNEM, ABXNewmont head says concentrating on operations, not Barrick, Reuters says
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