What’s Next: Eldorado Gold Corp (USA), American Realty Capital Properties Inc, Rio Tinto plc (ADR), Tesla Motors Inc
Eldorado Gold Corp (USA)(NYSE:EGO) shares decreased 2.24% to $7.86. The company, on May 24, in accordance with Toronto Stock Exchange requirements, announced the voting results for the election of its Board of Directors at the Company’s Annual Meeting of Shareholders held on May 2, 2013 in Vancouver, British Columbia. The results of the other matters considered at the meeting are reported in the Report on Voting Results as filed on SEDAR on May 3, 2013.
Is EGO a Buy After The Recent Fall? Find Out Here
American Realty Capital Properties Inc(NASDAQ:ARCP) shares decreased 2.25% to $15.41. The company, on May 28, said it would buy CapLease Inc (LSE.N) for about $2.2 billion, including debt, as the real estate investment trust looks to expand its single-tenant commercial properties. ARCP said it would pay $8.50 per share in cash, representing a premium of about 20 percent to CapLease’s Friday closing.
Rio Tinto plc (ADR)(NYSE:RIO) shares declined 2.33% to $43.50. The company is engaged in finding, mining and processing mineral resources. The Company’s product group includes aluminum product group, copper product group, diamonds and minerals group, energy product group and iron ore products group. Its products are iron ore, aluminum, copper, diamonds, coal, uranium, gold and industrial minerals (borax, titanium dioxide and salt).
Tesla Motors Inc (NASDAQ:TSLA) shares dropped 1.87% to $102.97. The company’s Chief Executive Elon Musk on May 30 said the company will triple its network of superchargers for electrical vehicles by the end of next month. A key criticism of electric vehicles is that their driving distance relies heavily on the availability of charging stations. Superchargers can power a battery more quickly and are better suited for long distance travel.