Newmont Mining Corporation (NYSE:NEM) announced it made a $100 million prepayment toward a five-year, $575 million unsecured amortizing term loan received in March. The term loan was used to repay $575 million of convertible debt that matured in July of this year. Proceeds recently received as a result of the government of Suriname exercising its option to participate in a fully-funded, 25 percent equity ownership stake in the Merian Gold Project were included in the $100 million prepayment. Newmont Mining Corporation (NYSE:NEM) belongs to Basic Materials sector. Its net profit margin is -7.70% and weekly performance is -0.41%. On last trading day company shares ended up $19.63. Newmont Mining Corporation (NYSE:NEM) distance from 50-day simple moving average (SMA50) is -6.76%.
Statoil ASA (NYSE:STO) announced that oil and natural gas production has started today from the Jack/St. Malo project in the U.S. Gulf of Mexico. The addition of production from Jack/St. Malo is an important building block of Statoil’s plan to have more than a four-fold increase in offshore production from the U.S. Gulf of Mexico by 2020. Statoil ASA (NYSE:STO) shares moved down -1.91% in last trading session and ended the day at $19.05. STO Gross Margin is 50.70% and its return on assets is 7.70%. Statoil ASA (NYSE:STO) quarterly performance is -32.54%.
Cliffs Natural Resources Inc. (NYSE:CLF) announced termination of certain of its tender offers as the company’s debt refinancing has been postponed due to perceived adverse market conditions. The tender offers were for up to a maximum aggregate principal amount of its outstanding 3.95 percent Senior Notes due 2018, 5.90 percent Senior Notes due 2020, 4.80 percent Senior Notes due 2020, 4.875 percent Senior Notes due 2021 and 6.25 percent Senior Notes due 2040, that it could purchase for up to $600.0 million in cash, excluding accrued and unpaid interest. Cliffs Natural Resources Inc. (NYSE:CLF) belongs to Basic Materials sector. Its weekly performance is -6.52%. On last trading day company shares ended up $8.60. Cliffs Natural Resources Inc. (NYSE:CLF) distance from 50-day simple moving average (SMA50) is -10.96%.
Verizon Communications Inc. (NYSE:VZ) and Cox Media Group have reached an agreement and Cox has restored WFXT-TV Fox 25 programming to the FiOS TV lineup. We appreciate our customers’ patience and loyalty throughout the negotiation process. The agreement Verizon has reached contains terms that are in the best interests of Verizon and our customers. Verizon Communications Inc. (NYSE:VZ) shares fell -0.65% in last trading session and ended the day at $48.79. VZ Gross Margin is 62.00% and its return on assets is 7.20%. Verizon Communications Inc. (NYSE:VZ) quarterly performance is -0.77%.
Comfort Systems USA (NYSE:FIX) was upgraded by stock analysts at BB&T Corp. from a “hold” rating to a “buy” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $17.00 target price on the stock. BB&T Corp.’s price objective suggests a potential upside of 18.30% from the stock’s previous close. Comfort Systems USA Inc. (NYSE:FIX) ended the last trading day at $15.67. Company weekly volatility is calculated as 3.37% and price to cash ratio as 13.30. Comfort Systems USA Inc. (NYSE:FIX) showed a weekly performance of 4.05%.