Kinross Gold Corporation (USA)(NYSE:KGC) has entered into a deal to acquire an almost 19.9% stake in White Gold Corp. by selling its 100% stake in the White Gold exploration assignment in the Yukon Territory to the firm. The buzz The strategic title in White Gold will offer Kinross with impending optionality...
Dallas, Texas 07/27/2015 (Financialstrend) - News that Japanese insurance company Meiji Yasuda Life Insurance has struck a deal to acquire US Insurer StanCorp Financial Group, Inc. (NYSE:SFG) for $5 billion saw the stock soar by more than 47%. However, a number of law firms have lodged investigations into the deal...
Dallas, Texas 04/24/2014 (FINANCIALSTRENDS) –  Brinker International, Inc. (NYSE:EAT) saw its shares drop by an substantive 4.45 percent during trading on 23rd April on the back of 3Q14 operation results that the company announced before markets opened yesterday. The highlights of the earnings call are as follows. EPS went up by...
Dallas, Texas 04/15/2014 (FINANCIALSTRENDS) –  Quiksilver, Inc. (NYSE:ZQK) has lost out to luxury apparel and accessory maker Kering in its efforts to retain its two decade long endorsement and sponsorship relationship with Kelly Slater, who is a house hold name in the U.S as the winner of the prestigious Association...
Dallas, Texas 07/21/2014 (FINANCIALSTRENDS) – Campbell Soup Company (NYSE:CPB) will interact with investors today to discuss the steps the company is taking and its plans to drive growth in FY15 with the launch of over 200 new products. President and Chief Executive Officer Denise Morrison will share her perspective on...
Dallas, Texas 02/25/2014 (FINANCIALSTRENDS) – Andalay Solar Inc(OTCMKTS:WEST) has reported its fourth quarter results. The company has shown an increase in the net revenue over the last quarter of 2013. The company which had a revenue of $757,000 during the fourth quarter of 2013, has shown an increase in the...
Templeton Global Income Fund (NYSE:GIM) announced its monthly dividend of $0.025 per share which would be payable on December 31st, 2015. Templeton Global Fund is a subsidiary of larger Franklin Templeton Investments. The shares of the company are currently trading at around $6.50 and have remained in that range...
Ultra Petroleum Corp. (NYSE:UPL) reported improvement in operational efficiency, but failed to enhance its bottom line as the weakening energy market continues to adversely affect overall financial performance. The natural gas producer firm posted adjusted earnings of $0.21 a share for 3Q2015, surpassing consensus analyst estimates of $0.17. Ultra Petroleum...
Dallas, Texas 01/28/2014 (FINANCIALSTRENDS) – Independence Realty Trust Inc (NYSEMKT:IRT) the real estate investment company has seen some negative action, post the announcement of secondary offering. This time, RAIT Financial Trust offer of 6.5million, which will see a greenshoe option of 975K additional moving into IRT, a company which RAIT...
Dallas, Texas 05/27/2014 (FINANCIALSTRENDS) – D.R. Horton, Inc (NYSE:DHI) has now announced that it has acquired homebuilding operations of the Crown Communities, that builds in Georgia & South Carolina, and in eastern Alabama. These homebuilding assets acquired include the sales-order backlog of around 420 homes sold, and 640 homes...

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