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Stock Market & Financial Investment News

News Breaks
June 2, 2014
14:04 EDTAEM, AUYOsisko holders approve acquisition by Agnico-Eagle, Yamana Gold
Osisko Mining announced that the plan of arrangement, pursuant to which Agnico Eagle Mines (AEM) and Yamana Gold (AUY) will acquire all the issued and outstanding common shares of Osisko was approved by shareholders with approximately 99.80% of the votes cast at the annual and special meeting held on May 30 voting in favor of the arrangement. Under the arrangement, each outstanding common share of Osisko will be exchanged for C$2.09 in cash, 0.07264 of a common share of Agnico Eagle, 0.26471 of a common share of Yamana, and one common share of "New Osisko," a newly formed company that will acquire certain assets of Osisko. The arrangement is expected to close during the month of June.
News For AEM;AUY From The Last 14 Days
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October 30, 2014
09:19 EDTAUYYamana Gold price target lowered to $8 from $10.50 at BMO Capital
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October 29, 2014
17:14 EDTAEMAgnico-Eagle expects FY15 production of 1.6M ounces
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17:13 EDTAEMAgnico-Eagle reports Q3 ex-items EPS 2c, consensus 14c
Reports Q3 revenue $463.4M, consensus $465.7M.
16:37 EDTAUYYamana Gold reports Q3 EPS (1c), consensus 6c
Reports Q3 revenue $501.2M, consensus $538.34M. Reports 18% increase in production from Q2 for quarterly production of 391,277 gold equivalent ounces and production of 38M pounds of copper.
October 27, 2014
17:41 EDTAEMCayden Resources holders approve acquisition by Agnico-Eagle
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October 20, 2014
09:25 EDTAEMAgnico-Eagle upgraded to Outperform from Sector Perform at Scotia Capital
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