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Stock Market & Financial Investment News

News Breaks
January 17, 2013
05:29 EDTSZYM, BGSolazyme, Bunge joint venture receives funding approval from Brazilian bank
Solazyme (SZYM) announced that Solazyme Bunge Renewable Oils, its joint venture with Bunge Global Innovation, a wholly-owned subsidiary of Bunge (BG), has received approval for project financing in the form of a loan from the Brazilian Development Bank, or BNDES, of approximately $120M. The BNDES funding will support the joint venture's first commercial-scale renewable oil production facility in Brazil, which is being constructed adjacent to Bunge's Moema sugarcane mill in Sao Paulo state. The 8-year loan will have an average interest rate of approximately 4% per annum.
News For SZYM;BG From The Last 14 Days
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May 17, 2013
09:05 EDTSZYMKeating Capital announces exit from Solazyme stake
Keating Capital (KIPO) announced that it sold the remaining 147,927 shares it held in Solazyme (SYZM) during May 2013. The sale generated net proceeds of $1.55M, or $10.51 per share, and a net realized gain of $49,820, or approximately 0.5c for each Keating Capital share outstanding.
May 15, 2013
07:31 EDTBGBMO Capital to host a conference
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May 13, 2013
12:56 EDTSZYMSolazyme May and June volatility elevated on sharp rally
Solazyme May call option implied volatility is at 64, June is at 63, September is at 45, December is at 40; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement.
May 8, 2013
16:20 EDTSZYMSolazyme reports Q1 adjusted EPS (35c), consensus (43c)
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16:16 EDTSZYMSolazyme, AkzoNobel enter agreement spanning surfactants and coatings market
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