On Thursday, Shares of Kroger Co (NYSE:KR), added 2.18% and closed at $32.87 in the last trading session. The last trading range of the stock ranges between $32.13 and $33.44. The company’s Market capitalization is $32.43 Billion with the total Outstanding Shares of 944.17 million. The Kroger Co. (KR) recently declared that associates working at the company’s Fry’s Foods division have ratified a new agreement with United Food and Commercial Workers (UFCW) Local 99.
The agreement covers more than 20,000 associates working at 122 stores throughout Arizona.
“We are happy to reach a contract that is good for our associates. This new contract provides wage increases, affordable health care and ongoing investment in our associates’ pension fund to support their retirement,” said Steve McKinney, president of Fry’s Food Stores. “This agreement comes after thoughtful and productive work by both the company and union representatives. I appreciate our associates for supporting the agreement and for the excellent service they provide our customers every day.”
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $28.71 and reached to max level of $42.75. The EPS of company is strolling at 2.12.
Shares of IAMGOLD Corp (USA) (NYSE:IAG), dropped -11.72% and closed at $3.84 in the last trading session. The last trading range of the stock ranges between $3.78 and $4.26. The company’s Market capitalization is $1.75 Billion with the total Outstanding Shares of 450.70 million. IAMGOLD Corporation (“IAMGOLD” or the “Company”) recently reports its financial and operating results for the quarter ended September 30, 2016.
“We had strong third quarter results, with net earnings increasing $102 million and net operating cash flow increasing $117 million from the same period last year,” said Steve Letwin, IAMGOLD President and CEO. “Comparing results to the second quarter, net earnings rose $29 million and net operating cash flow raised by $55 million. Gold production raised by 7% from the second quarter to 210,000 ounces and all-in sustaining costs were reduced by $68 an ounce to $1,046 an ounce. Essakane’s performance was stellar, with production up 17% and all-in sustaining costs at $815 an ounce, and Rosebel’s performance optimization programs are transforming the operation. Lower operating costs are a major reason for reducing our merged cash costs guidance for 2016 to $740 – $770 an ounce.
Technical Analysis: During the 52-week trading session the minimum price at which share price traded, registered at $1.15 and reached to max level of $5.87. The EPS of company is strolling at -1.58.