On Tuesday, Shares of Gold Fields Limited (ADR)(NYSE:GFI), added 6.75% and closed at 4.43 in the last trading session. The last trading range of the stock ranges between $4.23 and4.45. Gravitas, through its 50% partner, Foregrowth Holdco Inc., (“Foregrowth”), and Grenville Planned Royalty Corp. (“Grenville”), have formed a joint venture, Foregrowth-Grenville Investments Inc., that will have the right to co-invest in each new royalty investment made by Grenville. Foregrowth-Grenville Royalty I Limited Partnership (“Foregrowth LP”) intends to raise capital, which will be used to finance the joint venture, while Grenville will manage the joint venture and be compensated through a administration fee. The joint venture’s excess returns after costs and loan payments will be shared on an 85/15 basis between Foregrowth and Grenville. Foregrowth LP anticipates to advance 100 percent of the joint venture’s share of capital for initial investments. This will be the inaugural product for the foreGrowth™ online direct investment platform.
Expedia Inc (NASDAQ:EXPE), jumped 0.86% and closed at $122.83 in the last trading session. The last trading range of the stock ranges between 122.15 and124.23. The company’s Market capitalization is $18.56 Billion with the total Outstanding Shares of 136.92million. Hotels.com® wants to assist decrease the percentage of non-voters in this year’s forthcoming presidential election by reminding U.S. travelers to take voting action now, especially if they’ll be away or overseas on Election Day, November 8. The ability to vote is one of the most important American civil liberties, however, U.S. Census Bureau research shows that in the 2012 election, 8.6% of people that didn’t vote used “out of town” as their excuse.
Every traveler who books a hotel through Hotels.com with a November 8 stay date will receive an email that their travel can impact on-site voting options. Travelers will be informed about alternative voting options by using Google’s search tools. Hotels.com wants travelers to vote early or request an absentee ballot for the forthcoming presidential election.
“Hotels.com values the right to vote and we are doing what we can to ensure our travelers are informed about how and where to vote if they are away from home on election day,” said Josh Belkin, VP North America for Hotels.com. “By reaching out to travelers and providing them voting information, we hope to improve the 57% voter turnout we had in 2012.”
According to Department of Transportation data, on any given day, about 1.95 million Americans take flight. If a large percentage of those travelers fail to vote, that can swing the election in one direction or the other. In the 2000 Presidential election, fewer than 500,000 votes separated the candidates.