On Friday, Shares of Randgold Resources Ltd. (ADR) (NASDAQ:GOLD) subtract -3.50% and closed at $83.04 in the last trading session. The last trading range of the stock ranges between $82.49 and $84.77. Mine workers in Mali will go on strike this month for five days as the biggest union accuse employers of treating its members unfairly because of their affiliation with the employee organization.
Workers will go on strike from Oct. 24 at mines belonging to gold producers counting Resolute Mining Ltd. and Robex Resources Inc, Mahamadou Konte, a spokesman for the National Section of Mines and Industries, said by phone on Tuesday. The union is also in dispute with Randgold Resources Ltd. over unpaid productivity bonuses, Konte said.
Workers “have recently been victims of harassment because of their union membership,” he said. “Some of them may get fired, while others were refused a contract renewal.”source bloomberg
Wolverine World Wide, Inc. (NYSE:WWW) jumped 0.62% and closed at $22.56 in the last trading session. The last trading range of the stock ranges between $22.42 and $22.67. The company’s Market capitalization is $2.26B with the total Outstanding Shares of $99.44M. Wolverine Worldwide (WWW) yesterday broke ground on a 16,000 square foot expansion to the company’s Big Rapids manufacturing facility, adding a new raw materials receiving warehouse. Company leadership noted the support of Rep. Bill Huizenga (R-2nd District) and Rep. John Moolenaar (R-4th District) and the rest of the Michigan delegation, which has played a major role in adding more than 250 new jobs in the Big Rapids manufacturing plant over this past year. This expansion provides much-needed additional capacity while creating opportunities for Wolverine to operate more efficiently.
Wolverine Worldwide Chairman, Chief Executive Officer and President Blake W. Krueger said, “As a company, we are fortunate to have our Members of Congress here in West Michigan, Rep. Bill Huizenga and Rep. John Moolenaar, engaged and working hard to expand opportunities to create good-paying, American jobs. As evidence of their hard work and dedication to our region, our company again was able to host both Representatives to break ground on the first expansion project at our manufacturing facility.”
TherapeuticsMD Inc (NYSEMKT:TXMD) lost -1.89% and closed at $6.23 in the last trading session. The last trading range of the stock ranges between $6.19 and $6.49. TherapeuticsMD, Inc. operates as a womens health care product company. The company manufactures and distributes prescription and over-the-counter product lines, counting prenatal vitamins, iron supplements, and natural menopause relief products under the vitaMedMD brand, in addition to generic formulations of its prescription prenatal vitamins products under the BocaGreenMD Prena1 name. Its pipeline of hormone therapy drug candidates include TX-001HR, a combination of estradiol and progesterone drug candidate under clinical trials for the treatment of moderate to severe vasomotor symptoms because of menopause; TX-002HR, a natural progesterone formulation for the treatment of secondary amenorrhea without the potentially allergenic component of peanut oil; and TX-004HR, an applicator-free vaginal estradiol softgel drug candidate for the treatment of vulvar and vaginal atrophy in post-menopausal women with vaginal linings that do not receive enough estrogen.