China's GDP Growth Improves In Q4

China Quarterly GDP Growth Weakest In A Year 

China Quarterly GDP Growth Weakest In A Year

BUZ INVESTORS  Quarterly GDP Growth The Chinese economy advanced 1.3 percent, following a 1.7 percent growth in the previous three months and missing market estimates of a 1.6 percent growth. It was the weakest expansion since the March quarter 2016.

 

Year-on-year, the economy advanced an annual 6.9 percent, compared to a 6.8 percent growth in the previous three quarters while markets expected a 6.8 percent expansion. It was the strongest expansion since the September quarter 2015.




Quarterly GDP Growth

For 2017, the Chinese government expects the economy to grow by around 6.5 percent; compared to a 6.7 percent expansion in 2016, which was the slowest growth in 26 years.

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BUZ INVESTORS OTCPK AusCann Group Holdings Ltd produces and sells clinically validated cannabis medicines. The company offers its products to patients in Australia and for export to a range of importers. The company was formerly known

AusCann Group Provides Quarterly Overview

Chart | Calendar   | TRADE NOW | OTCPK

AusCann Group Provides Quarterly Overview

BUZ INVESTORS AusCann Group CARABOODA, Western Australia, April 28, 2017 /Weed Wire/ — AusCann Group Holdings Ltd (ASX:AC8 or ‘the Company’) has today announced

BUZ INVESTORS PRESS RELEASE  AusCann Group   AusCann Group Holdings Ltd (ASX:AC8 or ‘the Company’) has today announced its appendix 4C for the 3 month period ended 31 March 2017 and is pleased to provide an overview of its activities for the quarter.

CORPORATE
On 3 February 2017, AusCann successfully completed a reverse takeover of TWH Holdings (TWH) and listed on the Australian Securities Exchange. As part of the transaction, the Company completed a $5million capital raise that received strong support from institutional and high net worth domestic and international investors. The capital raise provided the Company with the necessary funding to drive forward its Chilean cultivation operation and its licensing applications for growing operations in Australia. The Company is continuously being presented with opportunities in the sector and our Board is focused on balancing the ability to accelerate AusCann’s development and maximising returns to shareholders.

The Company’s share price has performed positively since listing, reflecting the strong positive market sentiment towards the sector.



AusCann Group

>>>TRADE NOW<<<

The Company closed the quarter with a cash position of $4.488 million.

OPERATIONAL
AusCann continues to leverage its partnership with Canopy Growth Corporation, one of Canada’s largest and leading medicinal cannabis companies, drawing on their expertise in the cultivation, manufacture and importation and exportation of products. Canopy is a substantial shareholder in AusCann, with approximately 11% shareholding, and an important strategic partner with AusCann able to import and sell Canopy’s products within the Australian market. Canopy’s experience and skilled management team will continue to support AusCann to the benefit of all shareholders.

The Company is initially targeting the treatment of neuropathic and chronic pain, which have a combined market opportunity of over $5 billion in Australia alone1. In 2017, a report by the American National Academies of Sciences, Engineering and Medicine found there is strong and conclusive evidence for medical cannabis as an effective medication in treating chronic pain in adults, chemotherapy-induced nausea and multiple sclerosis spasticity symptoms. This conclusive clinical data supports medicinal cannabis as a viable treatment and has provided strong validation for the industry globally.

Prior to the quarter, AusCann, in partnership with its joint venture partner Fundacion Daya in Chile, planted its first crop at a 30-hectare facility south of Santiago, Chile. The crop was harvested in April and with the 400 plants yielding over 300kgs of dried cannabis to be processed for clinical trials and sale to third parties.

AusCann has also been establishing and implementing an awareness campaign focused on advising Australian doctors on the therapeutic merits of medical cannabis, encouraging medical specialists to apply to become authorised prescribers of cannabis medicines, and driving the prescription and growth of medical cannabis in Australia. The first of the educational roadshows will commence in May with seminars being undertaken by Canadian physician Dr Danial Schecter. As a recognized medical expert in the field of prescription cannabinoids and medical cannabis, Dr. Schecter has given numerous presentations to fellow physicians and developed educational programs on this subject in Canada.

AusCann lodged its cultivation and manufacturing licence applications with the Office of Drug Control at the end of 2016 and is in regular dialogue with them. Whilst there is no guarantee on whether these licences will ultimately be issued, nor the timing, the Company remains confident that it is able to satisfy all the requirements to be granted the licences in due course.

OUTLOOK
Favourable Regulatory Environment
Positive changes in federal legislation signified a move to facilitate faster access to medical cannabis for patients and a more streamlined importation process. This should allow AusCann to import product ahead of time to meet demand from authorised prescribers and be able to provide patient access much more efficiently. This should significantly accelerate AusCann’s timeline in being able to supply Australian patients.

Promising harvest results
Of the strains harvested four have been selected as superior strain that have been clonally selected for future crops. Pending successful clinical trials in Chile, the medicinal cannabis formulations will be registered with the Chilean National Institute of Public Health that will enable the product to be made available for sale to Chilean patients and export markets. Furthermore, the South American market represents a significant opportunity for AusCann. Argentina, Chile’s neighbouring country, has recently given legislative approval to legalise the use of cannabis oil and other cannabis derivatives for medicinal purposes and established a medical cannabis research program to provide access for patients.

The Company is also advancing its plans to establish and grow in Australia and supply Australian cannabis. Pending granting of the relevant licensing to produce in Australia AusCann is well positioned via its partnership with Canopy to import high quality cannabis medicines for Australian patients.

Elaine Darby, Managing Director, AusCann commented: “We’re delighted with the harvest of our first crop and we’re confident we have selected the strongest and most appropriate strains for effective medicine formulations going forward in the next harvest. We intend to leverage our knowledge gained from Chile into the Australian market, along with the expertise and knowledge from our Canadian partner Canopy. I am looking forward to commencing our educational campaign and starting to engage directly with Australian doctors to increase awareness and understanding of potential therapeutic uses of medical cannabis for particular indications.”

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AUDUSD flirting with 2-month lows

AUDUSD Forming A Base Ahead Of Quarterly CPI

AUDUSD Forming A Base Ahead Of Quarterly CPI




AUDUSD

BUZ INVESTORS  AUDUSD Forming A Base  The pair is trading at 0.7496 at 09:40 GMT this morning, with the Australian Dollar trading 0.48% lower against US Dollar from the New York close, after Australia’s consumer price inflation climbed less-than-anticipated by 0.5% in 1Q 2017. This morning, the pair traded at a high of 0.7552 and a low of 0.7487. The Australian Dollar traded 0.08% higher against the US Dollar in the New York session yesterday, with the pair closing the session at 0.7532. The pair is expected to its find support at 0.7471 and its first resistance at 0.7536.



AUDUSD Forming A Base

Australian Dollar | Data | Chart | Calendar | Forecast | News

The AUDUSD decreased 0.0067 or 0.89% to 0.7470 on Wednesday April 26 from 0.7537 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record low of 0.48 in April of 2001.

 

The AUDUSD spot exchange rate specifies how much one currency, the AUD, is currently worth in terms of the other, the USD. While the AUDUSD spot exchange rate is quoted and exchanged in the same day, the AUDUSD forward rate is quoted today but for delivery and payment on a specific future date. This page provides – Australian Dollar – actual values, historical data, forecast, chart, statistics, economic calendar and news. Australian Dollar – actual data, historical chart and calendar of releases – was last updated on April of 2017.

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BUZ INVESTORS Mattel shares fall 7% Mattel, Inc. (Nasdaq: MAT) today announced that it plans to release its first quarter 2017 financial results on Thursday, April 20, 2017,

Mattel shares fall 7% after quarterly results miss estimates

MATTEL ANNOUNCES FIRST QUARTER 2017 FINANCIAL RESULTS CONFERENCE CALL

BUZ INVESTORS Mattel shares fall 7% Mattel, Inc. (Nasdaq: MAT) today announced that it plans to release its first quarter 2017 financial results on Thursday, April 20, 2017,

BUZ INVESTORS  Mattel shares fall 7% Mattel, Inc. (Nasdaq: MAT) today announced that it plans to release its first quarter 2017 financial results on Thursday, April 20, 2017, at approximately 4:05 p.m. Eastern time. Following this, Margo Georgiadis, Chief Executive Officer; Richard Dickson, President and Chief Operating Officer; and Kevin Farr, Chief Financial Officer will host a conference call and webcast at 5:00 p.m. Eastern time.

The first quarter financial results conference call will be webcast on the “Investors” section of Mattel’s corporate website, http://investor.shareholder.com/mattel. To listen to the live call, log on to the website at least 10 minutes early to register, download and install any necessary audio software. An archive of the webcast will be available on the company’s website for 90 days and may be accessed beginning approximately two hours after the completion of the live call. A telephonic replay of the call will be available beginning at 8:00 p.m. Eastern time the evening of the call until Thursday, April 27, 2017, and may be accessed by dialing +1-404-537-3406. The passcode is 87591604.




Mattel shares fall 7%

Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast on the “Investors” section of http://investor.shareholder.com/mattel.

About Mattel

The Mattel family of companies (Nasdaq: MAT) is a worldwide leader in the design, manufacture and marketing of toys and family products. Mattel’s portfolio of best-selling brands includes Barbie®, the most popular fashion doll ever produced, Hot Wheels®, Monster High®, American Girl®, Thomas & Friends™, Fisher-Price® brands and MEGA® Brands, as well as a wide array of entertainment-inspired toy lines. With worldwide headquarters in El Segundo, Calif., Mattel’s companies employ approximately 32,000 people in 40 countries and territories and sell products in more than 150 nations. Visit us at www.mattel.com.

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BUZ INVESTORS Marlin Gold Ships a Quarterly Record -- Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the “Company”) is pleased to provide an operating update from its wholly owned La T

Marlin Gold Ships a Quarterly Record of 18,875 Ounces Gold in 1Q17 and Intersects 3.45 g/t Gold Over 7.00 Meters at La Trinidad

Marlin Gold Ships a Quarterly Record of 18,875 Ounces Gold in 1Q17 and Intersects 3.45 g/t Gold Over 7.00 Meters at La Trinidad

 

BUZ INVESTORS Marlin Gold Ships a Quarterly Record -- Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the “Company”) is pleased to provide an operating update from its wholly owned La T

BUZ INVESTORS Marlin Gold Ships a Quarterly Record   — Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin” or the “Company”)  is pleased to provide an operating update from its wholly owned La Trinidad mine in Sinaloa, Mexico (“La Trinidad”).

Since September 15, 2016, when Marlin began consistently mining the high grade HS Zone, the Company has stacked 79,302 ounces of gold with 19,844 coming in 1Q17 alone.  The tonnes stacked in 1Q17 had an average grade of approximately 1.74 grams per tonne.  In addition, Marlin has an approximately 185,000-tonne stockpile of mineralized material remains with an average grade of approximately 0.80 grams per tonne.  Management expects to process grades similar to the average stockpile grade as we accelerate mining to reach the southern part of the high grade HS Zone by the end of 2Q17. This is an improvement to prior estimates of reaching the southern part of the HS Zone by 3Q17.



OTHER STORIES BUZ TRADERS FOLLOW

Marlin Gold Ships a Quarterly Record  

With the processing of our current stockpile, and accelerated southern HS Zone mine plan, management now expects consistent operating cash flow for at least the next two full years, confirming what was estimated by the 2nd Amended NI 43-101 Technical Report dated February 1, 2013 prepared by SRK Consulting.  A detailed operating update will be provided in conjunction with filing our audited financials in April.

Gold shipments in 1Q17 reached a new quarterly record at 18,875 ounces.  Total costs per ounce shipped will be approximately US$476 for 1Q17 (total costs for March 2017 are preliminary estimates and may be refined when final invoices are received).  As we accelerate mining to reach the southern part of the high grade HS Zone, total costs will average US$3.0-3.25 million monthly until the end of 2Q17 when they should migrate back down to the US$2.25-2.5 million monthly cost estimate.  All-in mining costs, including drilling, loading, blasting, hauling, diesel and explosives are approximately US$1.70 per tonne.

Due to record free cash flow generated from La Trinidad, the Company repaid a further US$2.0 million of principal from its unsecured facility (the “Facility”) to affiliates of Wexford Capital LP, Marlin’s controlling shareholder.  Total outstanding principal of the Facility now stands at US$30.0 million, down from US$37.5 million at year end 2016.

After the US$2.0 million (approximately $2.6 million) principal repayment, Marlin’s cash and refined gold stands at approximately $6.7 million with a payable balance of approximately $4.2 million. This does not include Marlin’s approximately $8.7 million in shares of Golden Reign Resources Ltd, receivable and refundable value added taxes (IVA) of approximately $7.7 million (for the period ending September 30, 2016) or approximately 23,000 ounces of recoverable gold on the leach pad and in stockpile.

The table below highlight key statistics at La Trinidad since the quarter ending September 30, 2016.


(1)    Metric tonnes processed by three-stages of crushing and agglomeration. Adjusted for moisture content.
(2)    Average grams per tonne gold sampled at the crusher.
(3)    Troy ounces of gold stacked onto the leach pad.
(4)    Troy ounces shipped during the month.

A drill contractor has been at site since early December 2016 to follow up on the high grade blast-hole assays from the negative two level bench and below in the north side pit wall and to drill to depth the southern part of the high grade HS Zone.  The table below summarizes the drill results of both targets to date.


*Significant intersection defined as minimum gold assay of 0.3 g/t over minimum 6-meter interval with no more than 2 meters of internal dilution below 0.3 g/t. Drill hole intercepts are believed to be approximately the true thickness of the zone.

Samples were kept in a secured logging and storage facility until such time that they were received on site by representatives of Bureau Veritas Commodities Canada Ltd. (“Bureau Veritas”).  Sample preparation was done in the Durango facilities of Bureau Veritas and pulps were sent to the Bureau Veritas laboratory in Vancouver for analysis.

Dr. Matthew D. Gray. C.P.G., of Resource Geosciences Incorporated, a Qualified Person under the definitions of CSA NI 43-101, implemented and supervised industry standard QA/QC protocols for the La Trinidad drill sampling program including insertion of duplicate and reference standard samples. Dr. Gray has verified the reliability of the drill sampling results reported in this press release.

About Marlin Gold
Marlin is a publicly-traded gold and silver mining company with properties located in Sinaloa, Mexico and Arizona, USA.  Marlin’s priority is to advance its properties toward commercial production and enhance shareholder value through the growth of its wholly owned subsidiary, Sailfish Royalty Corp.  The La Trinidad property in Sinaloa, Mexico, declared commercial production on November 1, 2014.  A NI 43-101 mineral resource estimate and preliminary economic assessment for the La Trinidad mine and Commonwealth project can be found at www.sedar.com or at www.marlingold.com.


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Buz Investors Graphic Packaging Graphic Packaging Holding Company's (NYSE: GPK) Board of Directors declared a quarterly dividend of $0.075 per share.

Graphic Packaging Declares Quarterly Dividend

Graphic Packaging Declares Quarterly Dividend

Buz Investors Graphic Packaging Graphic Packaging Holding Company's (NYSE: GPK) Board of Directors declared a quarterly dividend of $0.075 per share.

Buz Investors Graphic Packaging  Graphic Packaging Holding Company’s (NYSE: GPK) Board of Directors declared a quarterly dividend of $0.075 per share. The dividend is payable on April 5, 2017 to shareholders of record at the close of business on March 15, 2017.

 



OTHER STORIES BUZ TRADERS FOLLOW

Graphic Packaging

 

About Graphic Packaging Holding Company

Graphic Packaging Holding Company (NYSE: GPK), headquartered in Atlanta, Georgia, is committed to providing consumer packaging that makes a world of difference. The Company is a leading provider of paper-based packaging solutions for a wide variety of products to food, beverage and other consumer product companies. The Company operates on a global basis, is one of the largest producers of folding cartons in the United States, and holds leading market positions in coated unbleached kraft paperboard and coated-recycled paperboard. The Company’s customers include many of the world’s most widely recognized companies and brands. Additional information about Graphic Packaging, its business and its products is available on the Company’s web site at www.graphicpkg.com



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GBPUSD BoE, in its quarterly bulletin report, indicated that employment would likely be flat

GBPUSD BoE, in its quarterly bulletin report, indicated that employment would likely be flat

GBPUSD  BoE, in its quarterly bulletin report, indicated that employment would likely be flat

GBP-USD

  • Buz Traders  employment would likely be flat At 09:40 GMT, the pair is trading at 1.3064, with the Pound trading 0.22% higher against US Dollar from the New York close.
  • The pair witnessed a high of 1.3086 and a low of 1.3023 during the session. Yesterday, the Pound traded 0.39% higher against the US Dollar in the New York session and ended at 1.3035.
  • Yesterday, the BoE, in its quarterly bulletin report, indicated that employment would likely be flat over the coming year and investment intentions have fallen since the EU referendum. Immediate downside, the first support level is seen at 1.2980, while on the upside, the first resistance level is situated at 1.3117.

employment would likely be flat Brexit impact on jobs

GBPUSD  BoE, in its quarterly bulletin report, indicated that employment would likely be flat

employment would likely be flat British investment and employment are likely to be flat over the coming year because of the June vote to leave the European Union, according to a Bank of England survey of businesses that leaves it on track to cut interest rates again this year.

The BoE’s regional agents, who speak to companies around the country, found signs of resilience in consumer spending and the housing market so far. But they also detected a growing reluctance among businesses to hire and invest.

 Other Storis Buz Investors Share

“Investment and employment intentions had fallen, and were consistent with broadly flat levels of capital spending and employment over the coming six to 12 months,” the BoE said.

The Bank said last week most of its policymakers still expected to reduce borrowing costs unless their long-term view of the economy changed. That was despite growing signs that the immediate post-referendum slowdown will be less sharp than first feared.

Economists are also focused on finance minister Philip Hammond’s first mid-year budget statement on Nov. 23. He has said he will delay plans to achieve a budget surplus and he will consider some modest increases in spending to help the economy.

“While I recognise that there may be some difficult times ahead, I am confident that we have the tools necessary to support the economy as we adjust to a new relationship with the EU,” Hammond said in response to the OECD growth downgrade.

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

AT&T Declares Quarterly Dividend

The board of directors of AT&T Inc. (NYSE: T) today declared a quarterly dividend of $0.48 a share on the company’s common shares. The dividend is payable on August 1, 2016, to stockholders of record at the close of business on July 8, 2016.

AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.

About AT&T

AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, mobile, high-speed Internet and voice services. We’re the world’s largest provider of pay TV. We have TV customers in the U.S. and 11 Latin American countries. We offer the best global coverage of any U.S. wireless provider*. And we help businesses worldwide serve their customers better with our mobility and highly secure cloud solutions.

Additional information about AT&T products and services is available at http://about.att.com. Follow our news on Twitter at @ATT, on Facebook at http://www.facebook.com/att and YouTube at http://www.youtube.com/att.

© 2016 AT&T Intellectual Property. All rights reserved. AT&T, the Globe logo and other marks are trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks contained herein are the property of their respective owners.

*Global coverage claim based on offering discounted voice and data roaming; LTE roaming; voice roaming; and world-capable smartphone and tablets in more countries than any other U.S. based carrier. International service required.  Coverage not available in all areas. Coverage may vary per country and be limited/restricted in some countries.

Havertys Boosts Quarterly Dividend by 20%

Havertys Boosts Quarterly Dividend by 20%



Havertys Boosts Quarterly Dividend by 20%

Board Also Approves $10.0 Million Share Buyback Plan

Havertys Boosts Quarterly Dividend by 20%

HAVERTYS (NYSE:HVT) (NYSE:HVT.A) announced today that its board of directors declared a cash dividend to be paid on the outstanding shares of the two classes of $1 par value common stock of the company at a rate of $0.12 per share on the common stock and $0.1125 per share on the Class A common stock.  This action increases the quarterly dividend on the common stock $0.02 per share, representing a 20% increase in its rate.  The Class A common stock quarterly dividend increase is $0.0175 per share or 18.4%. The dividend is payable Friday, September 9, 2016 to stockholders of record at the close of business on Wednesday, August 24, 2016.

The board also approved a new authorization under its stock repurchase program that permits the company to purchase up to $10.0 million of its common stock and Class A common stock.  The company has a minor amount remaining for purchases under a previously approved authorization.  Shares may be repurchased, at the company’s discretion, from time-to-time in the open market or in privately negotiated transactions.

Havertys has paid a cash dividend in each year since 1935 and the new quarterly rate is the highest in its history.

Havertys (NYSE:HVT) (NYSE:HVT.A), established in 1885, is a full-service home furnishings retailer with 122 showrooms in 16 states in the Southern and Midwestern regions providing its customers with a wide selection of quality merchandise in middle to upper-middle price ranges.  Additional information is available on the Company’s website havertys.com

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