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Stock Market & Financial Investment News

News Breaks
January 9, 2013
07:35 EDTNSUNevsun Resources says produced 313,000 ounces of gold in 2012
Nevsun Resources announced strong production results of 313,000 ounces of gold for 2012 with 46,000 ounces in the quarter ended December 31, 2012. Gold production for 2012 exceeded the top end of the latest guidance. Bisha gold production is again extended and is now anticipated to continue to the end of Q2, aligning well with the planned commissioning of the copper expansion project. The copper plant expansion continues to progress on schedule and budget with concentrate production expected in mid-2013.
News For NSU From The Last 14 Days
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December 17, 2014
07:54 EDTNSUNevsun Resources extends Harena with additional high grade drill results
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December 15, 2014
13:50 EDTNSUNevsun Resources increases dividend 14% to 4c
Nevsun Resources advises that its board of directors has declared a quarterly cash dividend of 4c per common share, an increase of 14% from prior quarters. The dividend is payable on January 15, 2015, to shareholders of record as of the close of business on December 31, 2014.
07:52 EDTNSUNevsun announces full power plant restoration at Bisha operations
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December 8, 2014
07:58 EDTNSUNevsun Resources provides update on power supply issues at Bisha mine
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December 4, 2014
10:08 EDTNSUOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Anglo American (AAUKY) downgraded to Underperform from Buy at BofA/Merrill... Archer Daniels (ADM) downgraded to Hold from Buy at Miller Tabak... AuRico Gold (AUQ) downgraded to Underweight from Equal Weight at Morgan Stanley... BHP Billiton (BHP) downgraded to Neutral from Buy at BofA/Merrill... BIND Therapeutics (BIND) downgraded at Credit Suisse... BRF S.A. (BRFS) downgraded to Neutral from Buy at Goldman... CIRCOR (CIR) downgraded to Hold from Buy at BB&T... DISH (DISH) downgraded to Underweight from Equal Weight at Barclays... Enerplus (ERF) downgraded to Sector Performer from Outperformer at CIBC... Gildan Activewear (GIL) downgraded to Hold from Buy at GMP Securities... Kindred Biosciences (KIN) downgraded to Hold from Buy at Craig-Hallum... Nevsun Resources (NSU) downgraded to Neutral from Buy at UBS... Public Storage (PSA) downgraded at KeyBanc... Rio Tinto (RIO) downgraded to Underperform from Buy at BofA/Merrill... SeaChange (SEAC) downgraded to Hold from Buy at Noble Financial... Thor Industries (THO) downgraded at BMO Capital... Tupperware Brands (TUP) downgraded to Underperform from Market Perform at BMO Capital... UTi Worldwide (UTIW) downgraded at Stifel... Vale (VALE) downgraded to Neutral from Buy at BofA/Merrill... Vermilion Energy (VET) downgraded to Sector Performer from Outperformer at CIBC... Wal-Mart (WMT) downgraded to Neutral from Buy at UBS.
06:22 EDTNSUNevsun Resources downgraded to Neutral from Buy at UBS
UBS downgraded Nevsun to Neutral based on valuation.

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