Owner Hecla Mining Company (NYSE:HL) is sinking a new shaft to depths of nearly 9,000 feet below the surface, allowing the mine to go after richer silver deposits and extending the Lucky Friday’s operating life. The remaining work involves the actual sinking of the shaft and development of the next level of the mine, Phil…
On Apr. 8, Advanced Micro Devices Inc. (NYSE:AMD) launched what it describes as the world’s fastest and most powerful graphics card: the Advanced Micro Devices Inc. (NYSE:AMD) Radeon(TM) R9 295X2. It is designed for ultra-enthusiasts at the apex of PC gaming, according to the Sunnyvale, Calif.-based semiconductor company. Advanced Micro Devices, Inc. (NYSE:AMD) stock performance…
As the first bell-whether company to report, Alcoa Inc (NYSE:AA) said Q1 came in at a loss of $(0.16)/share. Excluding $276 million in special charges (from smelter and rolling mill capacity reductions), operating earnings for the metals and mining company were $0.09 (versus the street at $0.05). The delta versus analyst estimates came from strong performance…
Whispers on the Street put microblogging site Weibo’s IPO price at $17-$19 a share. Known as the Chinese version of Twitter, China-based Weibo is a subsidiary of SINA Corp. (SINA). Weibo has approximately 129 million monthly active users (MAUs), an overwhelming majority of them on mobile MAUs. The company’s revenues increased significantly from $65.9 million…
MannKind Corporation (NASDAQ:MNKD) had its price objective reduced by Cowen and Company from $5.50 to $5.00 in a report released on Wednesday,Stock Ratings News reports. Analysts at Piper Jaffray downgraded shares of MannKind Corporation (NASDAQ:MNKD) from a neutral rating to an underweight rating in a research note on Monday. MannKind Corporation (NASDAQ:MNKD) stock performance was…
TriplePoint Venture Growth BDC (TPVG), a closed-end, non-diversified management investment company, said late Thursday that its board of directors has authorized and declared an initial dividend of $0.09 per share for the period from the pricing of the company’s initial public offering on March 5, 2014, through March 31, 2014. The dividend reflects a quarterly…
