Worth Watching Stock News Alert: Kinross Gold Corporation (USA) (NYSE:KGC), Spectra Energy Corp. (NYSE:SE), Viacom, Inc. (NASDAQ:VIAB)

On Monday, Shares of Kinross Gold Corporation (USA) (NYSE:KGC), subtract -2.14% and closed at $4.12 in the last trading session. The last trading range of the stock ranges between $4.06 and $4.24. Kinross Gold (TSX:K.TO) (KGC) will release its financial statements and operating results for the third quarter 2016 on Wednesday, November 2, 2016, after market close. A conference call and audio webcast will then be held on November 3, 2016 at 8 a.m. ET to present the results, followed by a question-and-answer session.

The call-in numbers are as follows:

Canada & US toll-free – 1-800-319-4610

Outside of Canada & US – 1-604-638-5340

Replay (available up to 14 days after the call):

Canada & US toll-free – 1-800-319-6413; Passcode – 0783 followed by #.

Outside of Canada & US – 1-604-638-9010; Passcode – 0783 followed by #.


Spectra Energy Corp. (NYSE:SE), dropped -0.54% and closed at $42.52 in the last trading session. The last trading range of the stock ranges between $42.37 and $43.08. The company’s Market capitalization is $30.11 Billion with the total Outstanding Shares of 701.10 million. Spectra Energy Corp owns and operates a portfolio of natural gas-related energy assets in North America. It operates through four segments: Spectra Energy Partners, Distribution, Western Canada Transmission & Processing, and Field Services. The Spectra Energy Partners segment engages in the transmission, storage, and gathering of natural gas, in addition to transportation and storage of crude oil and natural gas liquids (NGLs) for customers in various regions of the United States and Canada. Its natural gas pipeline systems consist of about 21,000 miles of transmission pipelines; and storage capacity comprises 300 billion cubic feet (Bcf). The Distribution segment offers natural gas storage, transmission, and distribution services for residential, commercial, and industrial customers in Canada. It has about 40,000 miles of main and service pipelines; storage capacity of about 163 Bcf; and transmission system of about 3,000 miles of high-pressure pipeline and mainline compressor stations. The Western Canada Transmission & Processing segment provides natural gas transmission, and gas gathering and processing services; and services to natural gas producers to remove impurities from the raw gas stream, counting water, carbon dioxide, hydrogen sulfide, and other substances. It also extracts, fractionates, transports, stores, and markets NGLs for western Canadian producers and NGL customers. It serves local distribution companies, end-use industrial and commercial customers, marketers, and exploration and production companies. The Field Services segment gathers, compresses, treats, processes, transports, stores, and sells natural gas; produces, fractionates, transports, stores, and sells NGLs; recovers and sells condensate; and trades in and markets natural gas and NGLs. It owns or operates about 67,000 miles of gathering and transmission pipeline.

Viacom, Inc. (NASDAQ:VIAB), lost -1.08% and closed at $37.69 in the last trading session. The last trading range of the stock ranges between $37.22 and $37.99. During the 52-week trading session the minimum price at which share price traded, registered at $30.11 and reached to max level of $53.35. The Board of Directors of Viacom Inc. (NASDAQ: VIAB, VIA) recently formed a Special Committee of Independent Directors (“Special Committee”) to evaluate the request by National Amusements that Viacom explore a potential combination with CBS. National Amusements, directly and through auxiliaries, owns about 80% of the Class A (voting) common stock of both Viacom and CBS.

The Special Committee is comprised of independent directors Thomas May and Nicole Seligman, who will act as co-chairs, and Kenneth Lerer, Judith McHale, Ronald Nelson and Charles Phillips. The Special Committee has retained Debevoise & Plimpton LLP as its independent legal advisor, and anticipates to retain an independent financial advisor.

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