On Tuesday, Shares of Teck Resources Ltd (USA)(NYSE:TCK), subtract -1.50% and closed at $18.34 in the last trading session. The last trading range of the stock ranges between $18.08 and $18.65. The company’s Market capitalization is $10.57 Billion with the total Outstanding Shares of 567.02 million. During the 52-week trading session the minimum price at which share price traded, registered at $2.56 and reached to max level of $19.08. Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe. The companys principal products comprise steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; and lead concentrates. It also produces molybdenum, gold, silver, germanium, indium, and cadmium, in addition to chemicals and fertilizers. In addition, the company holds interest in oil sands projects and other interests in the Athabasca region of Alberta; and owns interests in mining and processing operations in Canada, the United States, Chile, and Peru, in addition to operates a metallurgical complex. It also owns an interest in a wind power facility. The company was formerly known as Teck Cominco Limited and changed its name to Teck Resources Limited in April 2009.
Lam Research Corporation (NASDAQ:LRCX), dropped -2.51% and closed at $99.59 in the last trading session. The last trading range of the stock ranges between $98.64 and $101.64. During the 52-week trading session the minimum price at which share price traded, registered at $63.10 and reached to max level of $102.44. Lam Research Corp. (LRCX) and KLA-Tencor (KLAC) recently declared that they have mutually agreed to terminate their projected merger agreement. After careful review of recent antitrust agency feedback and evaluation of their options, both companies have decided that it is not in the best interest of their respective stakeholders to continue pursuing the merger. In accordance with terms set forth in the merger agreement, no termination fees will be payable by either company.
“We believe that this projected combination would have resulted in compelling benefits for our customers, employees and stockholders, in addition to accelerate innovation in the broader semiconductor industry, so we are disdesignated with the outcome. However, together with our customers, we have affirmed the value of closer cooperation between process and process control for new enabling solutions, for that reason, we plan to explore partnershipopportunities with KLA-Tencor around programs identified as beneficial to our customers,” said Martin Anstice, president and chief executive officer.
On the otherhand New York Community Bancorp, Inc.(NYSE:NYCB), dropped -0.07% and closed at $14.06 in the last trading session. The last trading range of the stock ranges between $13.92 and $14.11. The company’s Market capitalization is $6.88 Billion with the total Outstanding Shares of 487.07 million. During the 52-week trading session the minimum price at which share price traded, registered at $13.92 and reached to max level of $19.18. New York Community Bancorp, Inc. operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. Its loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans. The company also provides installment loans, revolving lines of credit, and insurance products, in addition to cash administration, online and phone banking, and ATM services. It serves small and mid-size businesses, professional associations, and government agencies, in addition to consumers. The company serves its customers through a network of 227 Community Bank branches, 30 Commercial Bank branches, and 273 ATM locations.