Market Activity, Withdrawal of Arbitration Case, Divestures, Mining ActivityUpdate, and Acquisitions - Research Reports on Emerge Energy, Newmont Mining, Goldcorp, ADM and Crown
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NEW YORK, September 5, 2014 /PRNewswire/ --
Today, Analysts Review released its research reports regarding Emerge Energy Services LP (NYSE: EMES), Newmont Mining Corporation (NYSE: NEM), Goldcorp Inc. (NYSE: GG), Archer Daniels Midland Company (NYSE: ADM) and Crown Holdings Inc. (NYSE: CCK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/6240-100free.
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Emerge Energy Services LP Research Reports
On September 2, 2014, shares of Emerge Energy Services LP (Emerge Energy) plunged 6.76%, amidst high trading volumes, to end the trading session at $134.42. A total of 1.65 million shares changed hands, significantly higher than the 30-day average trading volume of 0.42 million shares. The stock opened at $142.48 and vacillated in the range of $128.55 - $144.75. The stock scaled a new 52-week high of $145.72, in the previous trading session. The full research reports on Emerge Energy are available to download free of charge at:
http://www.analystsreview.com/Sep-05-2014/EMES/report.pdf
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Newmont Mining Corporation Research Reports
On August 26, 2014, PT Newmont Nusa Tenggara (PTNNT) - a Newmont Mining Corporation (Newmont Mining) Company, and Nusa Tenggara Partnership BV - PTNNT's majority shareholder, requested discontinuance and withdrawal of the arbitration claim filed with the International Centre for Settlement of Investment Disputes (ICSID) relating to the export restrictions, which halted production at the Batu Hijau copper and gold mine. PTNNT stated that the decision to discontinue and withdraw arbitration, follows commitments from the senior Government officials to open formal discussions to conclude a Memorandum of Understanding (MoU) with PTNNT upon cessation of the arbitration claim. The full research reports on Newmont Mining are available to download free of charge at:
http://www.analystsreview.com/Sep-05-2014/NEM/report.pdf
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Goldcorp Inc. Research Reports
On September 2, 2014, Goldcorp Inc. (Goldcorp) announced that its El Sauzal mine in Chihuahua, Mexico is experiencing movement in the highwall slope of the Trini pit. As a safety precaution, mining operations have been suspended until a geotechnical survey team can assess the potential impact of the instability on the mine's operation. According to Goldcorp, the current year represents the final year of El Sauzal's active mine life, with 100,000 to 105,000 ounces of gold production expected in 2014. Goldcorp stated that as of August 28, 2014, approximately 37,000 ounces of gold have been produced. The full research reports on Goldcorp are available to download free of charge at:
http://www.analystsreview.com/Sep-05-2014/GG/report.pdf
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Archer Daniels Midland Company Research Reports
On September 2, 2014, Archer Daniels Midland Company (ADM) announced that it has signed an agreement to sell its global chocolate business to Cargill for $440 million, subject to a customary working-capital adjustment. According to ADM, the proposed sale is expected to close during H1 2015 and is subject to regulatory approval and other customary conditions. Commenting on the sale, ADM's Chairman and CEO Patricia A. Woertz, said "As part of our ongoing portfolio management, we considered several options to strengthen the returns of this part of our business. The sale of the chocolate business helps improve ADM's returns and will allow us to redeploy capital for higher-return investments." The full research reports on ADM are available to download free of charge at:
http://www.analystsreview.com/Sep-05-2014/ADM/report.pdf
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Crown Holdings Inc. Research Reports
On September 1, 2014, Crown Holdings, Inc. (Crown), announced that it has entered into a definitive agreement to acquire EMPAQUE, a leading Mexican manufacturer of aluminum cans and ends, bottle caps and glass bottles for the beverage industry, from Heineken N.V. The Company stated that the cash based transaction is valued at $1.225 billion, subject to adjustment and customary closing conditions, including competition authority approval. As per Crown, the acquisition is expected to be completed by end of 2014 and will contribute between $0.15 and $0.20 per share to Crown's 2015 earnings before synergies, but including estimated amortization and depreciation for purchase accounting adjustments. Crown's Chairman and CEO, John W. Conway, said that the acquisition of EMPAQUE will significantly increase Crown's strategic position in beverage cans, both within the region, and outside. Crown stated that for 2014, EMPAQUE expects to generate sales of approximately $700 million and EBITDA of approximately $150 million. The full research reports on Crown are available to download free of charge at:
http://www.analystsreview.com/Sep-05-2014/CCK/report.pdf
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