Kolkata, West Bengal -- (SBWIRE) -- 09/09/2013 -- Specialpennystockalert.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on Seven Yamana Gold Inc. (USA)(NYSE:AUY), Kinross Gold Corporation (USA)(NYSE:KGC), Nuance Communications Inc.(NASDAQ:NUAN), SandRidge Energy Inc. (NYSE:SD).
Yamana Gold Inc. (USA)(NYSE:AUY) shares declined 1.07% to $11.13. The company on July 31 said it swung to a second-quarter loss as weaker metals prices and revenue hurt the Canada-based gold-mining company's results.
The company reported a loss of $7.9 million, or a penny a share, compared with a year-earlier profit of $42.9 million, or six cents a share. Adjusted earnings fell to seven cents from 18 cents. Revenue declined 20% to $430.5 million. Analysts expected a profit of 10 cents a share on revenue of $485 million.
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Kinross Gold Corporation (USA)(NYSE:KGC) shares decreased 0.54% to $5.51. KGC‘s stock had its “neutral” rating reaffirmed by Zacks in a research note issued on August 26. They currently have a $6.25 price objective on the stock.
Additionally, the company on July 31 announced its results for the second quarter ended June 30, 2013. The reported net loss for the quarter included an after-tax non-cash impairment charge of $2,289.3 million, largely as a result of lower short-term and long-term gold price assumptions. In addition, Kinross recorded a charge of $720 million relating to the previously announced decision to cease development of its Fruta del Norte (FDN) project in Ecuador, which has been classified as a discontinued operation.
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Nuance Communications Inc.(NASDAQ:NUAN) shares is trading at $19.66. The company on August 20 announced that its Board of Directors has adopted a stockholder rights plan (the "Rights Plan"). Under the Rights Plan, stockholders of record at the close of business on August 29, 2013 will receive one right for each share of Nuance common stock held on that date.
Additionally, the company on August 12 announced that it has been awarded a Supplier Recognition Innovation Award from USAA for Nina, the intelligent virtual assistant that is transforming the way enterprises deliver mobile customer service.
Is NUAN A Good Buy After The Recent Price Movement? Find Out Here
SandRidge Energy Inc. (NYSE:SD) shares jumped 2.52% to $5.69. The company on August 12 nnounced the appointment of James Bennett, SandRidge's Chief Executive Officer and President, to the Board of Directors, effective August 12, 2013.
Additionally, the company on August 6 provided an update on the execution of its 2013 development plan and reported financial and operational results for the quarter and six months ended June 30, 2013. Net loss was $34 million, or $0.07 per diluted share, for second quarter 2013 compared to net income of $804 million, or $1.46 per diluted share, in second quarter 2012. Adjusted net income of $44.6 million, or $0.08 per diluted share, for second quarter 2013 compared to adjusted net income of $36.8 million, or $0.07 per diluted share, in second quarter 2012.
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