Market Wrap Up, AT&T Inc., (NYSE:T), Sky-mobi Ltd (ADR), (NASDAQ:MOBI), Senomyx Inc., (NASDAQ:SNMX), IAMGOLD Corp (USA), (NYSE:IAG), ConocoPhillips, (NYSE:COP)
The Fire phone will work exclusively on AT&T Inc. (NYSE:T). The arrangement extends Amazon’s relationship with AT&T, which also provides wireless service for Kindle tablets and e-readers. The move could help AT&T attract new subscribers at a time of intense competition among wireless carriers. AT&T Inc. (NYSE:T) stock opened today at $35.25 and is currently trading at $35.36. The stock showed a positive weekly performance of 1.12%.
Sky-mobi Limited (NASDAQ:MOBI), a leading mobile application platform in China, announced the sale of its 37.9% equity interest in Shanghai Fangcun Information Technology Co., Ltd. (“Fangcun”), a leading China-based mobile game developer, to Guangdong Alpha Animation and Culture Co., Ltd. (SZ:002292), a company listed on the Shenzhen Stock Exchange. The Company realized a capital gain of RMB56.4 million1 from this transaction. Sky-mobi Ltd (ADR) (NASDAQ:MOBI) stock opened at $7.18, in current trading session and currently is at $8.15, by gaining 13.67%. The 52 week range of $2.48 – $12.69. Company’s market capitalization is 243.99 million.
Senomyx Inc. (NASDAQ:SNMX) VP Donald Karanewsky unloaded 20,000 shares of the company’s stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $8.50, for a total value of $170,000.00. Senomyx Inc. (NASDAQ:SNMX) stock is currently trading at $9.56. The EPS of the stock is -0.27. Company’s market capitalization is 406.69 million.
IAMGOLD Corp (USA) (NYSE:IAG) on May 27 provided an update from ongoing exploration activities at its newly optioned Monster Lake project located 50 kilometres southwest of Chibougamau, Quebec, Canada. IAMGOLD initiated the current exploration program on the project at the end of 2013 pursuant to an Earn-In Agreement finalized with TomaGold Corporation (LOT.V), in which IAMGOLD may earn a 50% interest in each of the Monster Lake, Winchester and Lac à l’eau jaune properties, collectively referred as the Monster Lake Project. IAMGOLD Corp (USA) (NYSE:IAG) stock opened the session at $4.14, and now is at $4.18. The 52 week range of the IAMGOLD Corp (USA) (NYSE:IAG) stock remained $3.00 – $7.08 and the day range was $4.11 – $4.20.
ConocoPhillips (NYSE:COP) has received the consent of the Minister of Petroleum Resources of Nigeria for the divestiture of the country’s Upstream Oil and Gas Business. The assets would be acquired by the leading Canadian exploration and production company, Oando Energy Resources. The purchase consideration would total $1.65 billion in cash. The transaction is expected to be completed by Jun 30, 2014 or shortly thereafter. ConocoPhillips (NYSE:COP) stock opened today at $84.27 and is currently trading at $84.40. The stock showed a positive weekly performance of 2.79%.