Hot Stocks: Goldcorp Inc. (USA) (NYSE:GG), The Coca-Cola Company (NYSE:KO), Sirius XM Radio Inc(NASDAQ:SIRI)
Goldcorp Inc. (USA) (NYSE:GG) shares declined 3.09% to $26.06. The company, on May 8, announced that Barrick Gold Corporation (“Barrick”) today reported that Pueblo Viejo Dominicana Corporation (“PVDC”) has reached an agreement in principle with the Government of the Dominican Republic concerning amendments to the Pueblo Viejo Special Lease Agreement (SLA). The Pueblo Viejo mine is operated by PVDC, which is jointly owned by Goldcorp (40%) and Barrick (60%).
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The Coca-Cola Company (NYSE:KO) shares fell 1.02% to $42.65. TheStreet reiterated their buy rating on shares of Coca Cola (NYSE: KO) in a research report sent to investors on May 16.
Additionally, the company on April 16 said it earned $1.75 billion, or 39 cents per share. That’s down from $2.1 billion, or 45 cents per share, a year earlier. Adjusted earnings were 46 cents per share. That’s better than the 45 cents per share analysts expected. Net revenue declined to $11.04 billion, from $11.14 billion a year ago, hurt by foreign currency exchange rates and two fewer selling days in the period. Analysts expected $10.97 billion.
Sirius XM Radio Inc(NASDAQ:SIRI) shares jumped 0.29% to $3.45. The company on May 13 announced that it will launch No Labels Radio-a monthly series of on-air town halls in conjunction with No Labels, the growing movement of Democrats, Republicans and independents committed to a new politics of problem solving-on SiriusXM P.O.T.U.S., the 24/7 non-partisan channel dedicated to “the Politics of the United States.”
Additionally, the company announced its first quarter financial results on April 30. The company earned $123.6 million, or 2 cents per share, down from $107.8 million, or 2 cents per share, in the same period a year earlier. Revenue rose 11.5 percent to $897.4 million from $804.7 million. Analysts, on average, were expecting earnings of 2 cents per share on revenue of $905.8 million.