Dominion Diamond Provides Greenfield Exploration Update

Dominion Diamond Provides Greenfield Exploration Update

Dominion Diamond was out Friday with an update on its greenfield exploration activities at properties in the Lac de Gras region in the Northwest Territories in Canada. The company said it is starting a renewed strategic focus on exploration with success-based five-year budget of approximately C$50 million ($37 million). Among highlights, the company reported a maiden inferred mineral resource of 51 million tonnes and 16 million carats at the Leslie […]

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Melco Resorts & Entertainment Unit Unveils Proposed Offering

Melco Resorts & Entertainment Unit Unveils Proposed Offering

Melco Resorts & Entertainment said Monday that its wholly-owned subsidiary, Melco Resorts Finance Limited, is proposing to conduct an international offering of senior notes due 2025, the net proceeds from which will be used to fund the redemption of all of its outstanding 5.00% senior notes due 2021. The new notes are proposed to be senior obligations of Melco Resorts Finance, ranking equally with all of Melco Resorts Finance’s existing […]

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TrueCar Partners With eBay Motors

TrueCar Partners With eBay Motors

TrueCar rose nearly 5% to the highest since February 2015 in early trading Wednesday after it said it had joined forces with eBay Motors to provide a new car buying service for eBay shoppers. The program, powered by TrueCar, gives eBay shoppers pricing information from TrueCar dealers for new cars–also enabling eBay shoppers to engage with TrueCar certified dealers for the purchase of a new vehicle. Separately, RBC raised its […]

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Chanticleer Holdings Shares Gain

Chanticleer Holdings Shares Gain

Chanticleer Holdings shares were 15% higher in early trading Friday after the operator of restaurants said it has completed a private placement of debentures and share purchase warrants for $6 million in proceeds, of which $5 million will be used to pay off, in full, the Florida Mezzanine Financing, which bears interest of 12% per annum. The debentures will bear interest from the date of closing at 8% per annum, […]

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Alliance Resource Partners Posts Q1 Beat

Alliance Resource Partners Posts Q1 Beat

Shares of Alliance Resource Partners were up as much as 9% Monday morning after the coal producer reported Q1 results which were better-than-expected and raised its full-year outlook on earnings and revenues. Q1 EPS was $1.10 per share, up from $0.36 per share a year earlier and above the $0.81 per share consensus of analysts polled by Capital IQ. Revenues rose to $461.1 million from $412.8 million and beat the […]

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