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Stock Market & Financial Investment News

News Breaks
August 16, 2012
05:15 EDTAUY, XGExtorre Gold shareholders approve plan of arrangement Yamana Gold
Extorre Gold Mines (XG) announced shareholders overwhelmingly approved the previously announced plan of arrangement with Yamana Gold (AUY). The resolution approving the Arrangement was approved by 99.52% of the votes cast by Shareholders present in person or represented by proxy at the special meeting. Under the terms of the Arrangement, on the effective date of the Arrangement each Shareholder will receive in exchange for each Extorre common share held, $3.50 in cash and 0.0467 of a common share of Yamana. Each holder of an Extorre stock option shall be entitled to receive, upon the exercise of such Options, Yamana Shares based upon a share exchange ratio of 0.2648 of a Yamana Share for each Extorre Share which would have been issuable upon exercise of such Options prior to the effective date of the Arrangement. The Arrangement remains subject to, among other things, the final approval of the Supreme Court of British Columbia. The hearing for the final court order to approve the Arrangement is scheduled to take place on Aug. 21, with the effective date of the Arrangement expected to occur on or about Aug. 22.
News For XG;AUY From The Last 14 Days
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December 16, 2014
09:59 EDTAUYOn The Fly: Analyst Downgrade Summary
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06:56 EDTAUYYamana Gold downgraded to Neutral from Outperform at Credit Suisse
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December 15, 2014
18:30 EDTAUYOn The Fly: After Hours Movers
UP AFTER EARNINGS: VeriFone Systems (PAY), up 1.5%. ALSO HIGHER: Prothena (PRTA), up 10.7% after receiving FDA fast track designation for NEOD001... Boeing (BA), up 2.3% after increasing dividend by 25% and authorizing a $12B share repurchase plan... Yamana Gold (AUY), up 4.6% after reporting new discoveries at Chapada, El Penon. LOWER: Abraxas Petroleum (AXAS), down 2% after reporting fourth quarter volume guidance and fiscal 2015 production guidance.
16:24 EDTAUYYamana Gold announces significant new discoveries at Chapada, El Penon
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December 10, 2014
07:14 EDTAUYYamana Gold provides update on strategic initiatives to non-core assets
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