On Wednesday, Shares of Staples, Inc. (NASDAQ:SPLS), added 0.37% and closed at $8.34 in the last trading session. The last trading range of the stock ranges between $8.16 and $8.30. Staples, Inc. (SPLS) recently declared the expansion of its mobile phone repair services with the TekDry® water damage recovery service added to 600 stores nationwide by mid-November.
Staples offers customers the total solution for mobile phone repair to solve their top two issues: water damage and cracked screens. Staples will expand its water damage recovery service from 82 to 600 stores making it the leading national retail partner offering TekDry services and providing customers a risk-free option to repair water damaged mobile phones.
“We understand our customers need quick and effective solutions for mobile phone repair,” said Peter Scala, executive vice president, merchandising, Staples. “We’re thrilled to team up with TekDry to make Staples the leading retailer that offers a risk- and hassle-free option to repair water damaged mobile phones so our customers can get up and running quickly while preserving personal data. The expansion of TekDry to more Staples stores ensures that our customers will have quick and easy access to this tech saving solution.”
New Gold Inc. (USA) (NYSEMKT:NGD), jumped 1.77% and closed at $4.02 in the last trading session. The last trading range of the stock ranges between $3.84 and $4.07. The company’s Market capitalization is $1.87 Billion with the total Outstanding Shares of 512.87 million. New Gold Inc. (“New Gold”) (NGD) (NYSE MKT:NGD) recently provides an update on the company’s Rainy River project, located in northwestern Ontario, where it is hosting an shareholder and analyst tour on October 5, 2016. A copy of the shareholder and analyst tour presentation will be available tomorrow on the company’s website.
The company is also happy to declare that New Gold has further improved its financial flexibility by increasing the size of the company’s revolving credit facility by $100 million to $400 million and extending the increase in the facility’s associated Net Debt to EBITDA (“Leverage Ratio”) covenant to the end of 2017. Further, New Gold has reached additional gold price option contracts through mid-2017 to increase the cash flow certainty from its four producing mines.
RAINY RIVER – PROJECT UPDATE THROUGH THE END OF SEPTEMBER 2016
- Overall construction progress about 55% complete
- Concrete placement over 90% complete
- Steelwork erection and cladding over 95% complete
- Powerline complete and on plan for connection to power grid in November 2016
- Installation of mechanical, piping, electrical and instrumentation in processing facilities about 25% complete
- Construction of water administration facility reinitiated in late August with two of five dams now complete
- Final tailings redesign presented to the Ontario Ministry of Natural Resources and Forestry (“MNRF”) in late August 2016 for approval
- About 15 million tonnes of overburden and waste stripping accomplished to date
- No Lost Time Incidents since New Gold attained the project in 2013
AngloGold Ashanti Limited (ADR) (NYSE:AU), lost -0.49% and closed at $14.13 in the last trading session. The last trading range of the stock ranges between $13.72 and $144.29. During the 52-week trading session the minimum price at which share price traded, registered at $6.20 and reached to max level of $22.91. AngloGold Ashanti Limited operates as a gold mining and exploration company. The company also produces silver, uranium oxide, copper, and sulphuric acid. Its portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas.