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Stock Market & Financial Investment News

News Breaks
March 4, 2013
07:26 EDTIAGIAMGOLD announces $100M cost reduction program
IAMGOLD announced that the company has initiated a program to reduce annualized spending by $100M This will be achieved through cost-cutting initiatives aimed at reducing mine operating costs, exploration expenditures and mine site and corporate general and administrative costs. The company ended 2012 with over $1B in cash and gold bullion.
News For IAG From The Last 14 Days
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November 18, 2014
15:59 EDTIAGIAMGOLD downgraded to Underperform from Neutral at Macquarie
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November 14, 2014
10:00 EDTIAGOn The Fly: Analyst Upgrade Summary
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05:34 EDTIAGIAMGOLD upgraded to Overweight from Neutral at HSBC
HSBC upgraded IAMGOLD to Overweight citing valuation and expectations for gold prices to gradually rise over the next year. The firm lowered its price target for shares to $2.40 from $2.70.
November 12, 2014
17:13 EDTIAGIAMGOLD narrows FY14 gold production guidance to 835K-850K ounces
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17:09 EDTIAGIAMGOLD reports Q3 adjusted EPS 0c, consensus 4c
Reports Q3 revenue $341.5M, consensus $324.58M.
November 10, 2014
17:08 EDTIAGIAMGOLD reduces executive team by 40%, takes further cost cutting measures
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