On Friday, Shares of IAMGOLD Corp (USA)(NYSE:IAG), subtract -3.80% and closed at $4.05 in the last trading session. The last trading range of the stock ranges between $4.03 and $4.31. Jeff Currie, head of commodities research at Goldman Sachs, attributes part of the 20 percent rally in gold this year to uncertainty over the coming U.S. election. “We have a lot of political risk in the market right now, so gold has a planned purpose,” said Currie, explaining that shareholders often gravitate toward hard assets in times of uncertainty. Recent developments in the sector: GOLDCORP INC. (GG), Bullfrog Gold Corp (BFGC), IAMGOLD Corporation (IAG), Kinross Gold Corporation (KGC) and YAMANA GOLD INC. (AUY).
Bullfrog Gold Corp (BFGC) is happy to declare that Kjeld Thygesen has joined the Company as an independent Director. Mr. Thygesen brings 46 years of international credentials in the mining research and finance sectors and joins Alan Lindsay, Chairman and David Beling, President and CEO as a member of Bullfrog’s Board. Mr. Lindsay and Mr. Beling have been involved with Mr. Thygesen on many business matters for more than 24 years and very much look forward to his able contributions on behalf of the Company.
Charles Schwab Corp (NYSE:SCHW), jumped 2.87% and closed at $31.57 in the last trading session. The last trading range of the stock ranges between $30.85 and $31.76. The company’s Market capitalization is $42.96 Billion with the total Outstanding Shares of 1.32 Billion. Schwab Advisor Services recently declared availability of a robust suite of resources and tools to assist independent financial advisors develop, strengthen and maintain their cybersecurity defense. The program includes information to assist advisors stay up-to-date on cyber-attack trends, regulatory developments and best practices for educating employees and clients on keeping data secure. As part of its offer, Schwab also developed action-oriented tools to guide advisors through the cybersecurity planning process, available through a new online Cybersecurity Resource Center.
Schwab’s cybersecurity program comes at a time when preventing cyber-attacks is top of mind for the industry, with almost 90 percent of independent advisors pointing to cybersecurity, privacy and identity theft as their top compliance concern for 2016, according to a recent study1.
“Advisors are aware of ongoing threats in a rapidly-evolving competitive and technological environment,” said Nick Georgis, senior vice president, Schwab Advisor Services. “As part of our commitment to empower independent advisors’ success, we are constantly evaluating the landscape and delivering resources and counsel to assist them remain a step ahead.”