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IAMGOLD Corp

  • June 29- Canadian miner Iamgold Corp cut its production forecast for the year, saying a "localized seismic event" in Quebec last month would reduce output from its Westwood mine by nearly half. An initial assessment was inconclusive in assessing the impact on production, but further investigation showed the event would "have a more significant impact on 2015...

  • June 29- Canadian miner Iamgold Corp cut its production forecast for the year after an earthquake at its Westwood mine in Quebec.

  • LONDON, June 16- European shares recovered after hitting a four-month low in choppy trading on Tuesday, with analysts and traders saying that the Greece- led sell-off and a weaker euro had created some buying opportunities for investors. The pan-European FTSEurofirst 300 index was up 0.3 percent at 1435 GMT, having earlier hit its lowest level since...

  • European shares slip to 4-month low on Greek jitters Tuesday, 16 Jun 2015 | 6:47 AM ET

    LONDON, June 16- European equities slipped to a four-month low on Tuesday, with the lack of progress in debt negotiations between Greece and its international creditors making investors nervous and prompting them to cut their exposure to riskier assets like stocks. Greece's benchmark ATG share index fell 3.9 percent, taking total losses since Friday to about...

  • *IAG presents formal bid for Aer Lingus. DUBLIN, May 26- The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus to IAG, paving the way for the owner of British Airways and Iberia to make a formal bid to buy the Irish carrier. International Consolidated Airlines Group's proposed 1.36 billion euro offer for Aer Lingus was recommended by the...

  • *Government approval would leave takeover in Ryanair hands. DUBLIN, May 26- The Irish government expects to make a decision later on Tuesday on the potential sale of its 25 percent stake in Aer Lingus to IAG, the owner of British Airways and Iberia which offered to buy the Irish carrier in January. International Consolidated Airlines Group's proposed 1.36...

  • NEW YORK, May 15- Hedge fund Paulson& Co kept its stakes unchanged in most of its gold investments in the first quarter, when the precious metal's price pared its gains, a filing with the U.S. Securities and Exchange Commission showed on Friday. The New York- based fund, led by longtime gold bull John Paulson, kept his shares in SPDR Gold Trust, the world's largest...

  • U.S. airlines say that Gulf-state subsidies amounting to $42 billion let Emirates, Etihad Airways and Qatar Airways lower prices and push competitors out of certain markets, which those airlines have denied. Etihad, meanwhile, on Thursday charged Delta Air Lines Inc, United Continental Holdings Inc and American Airlines Group Inc with receiving more than $70...

  • U.S. airlines say that Gulf-state subsidies amounting to $42 billion let Emirates, Etihad Airways and Qatar Airways lower prices and push competitors out of certain markets. The Gulf carriers have denied the claims by Delta Air Lines Inc, United Continental Holdings Inc and American Airlines Group Inc, saying worse service on the U.S. airlines has caused them...

  • BERLIN, March 4- Qatar Airways would like to raise its stake in the owner of British Airways and Iberia at some point and may invest in other well-run airlines, its chief executive said on Wednesday. Qatar Airways bought a 9.99 percent stake in International Consolidated Airlines Group in January, aiming to forge closer ties to a company with two major European...

  • Aer Lingus trade unions split over IAG offer Monday, 23 Feb 2015 | 5:02 AM ET

    DUBLIN, Feb 23- Aer Lingus's two main trade unions have not softened their opposition to a takeover approach by International Consolidated Airlines Group, they said on Monday after a senior union official at the Irish airline said he backed the bid. Myles Worth, secretary of Aer Lingus's Central Representative Council-- a grouping of staff representatives from...

  • DUBLIN, Feb 8- The owner of British Airways is running out of time to secure Ireland's Aer Lingus as questions over its commitment to keep jobs and key Heathrow routes stoke opposition from politicians facing a tough election next year. Aer Lingus' board recommended the 1.36 billion euro offer from International Consolidated Airlines Group last month, subject...

  • LONDON, Jan 30- Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group worth around 1.15 billion pounds, building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance. "IAG represents an excellent opportunity to further develop our Westwards strategy," Qatar Airways Chief...

  • Shares in Apple suppliers leap on record results Wednesday, 28 Jan 2015 | 3:51 AM ET

    LONDON, Jan 28- Shares in European companies that supply parts to Apple Inc leapt on Wednesday after the tech giant reported the largest profit in corporate history, driven by record sales of iPhones and strong demand in China. It not only provides Apple with chips but also Samsung, and they get all the royalties, "said Beaufort Securities sales trader Basil...

  • DUBLIN, Jan 27- Irish Transport Minister Paschal Donohoe said on Tuesday the government would engage with British Airways owner IAG in the coming days on the terms of its proposed new offer for Aer Lingus. Aer Lingus's AERL.I board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group ICAG.L, the Irish...

  • *IAG would operate Aer Lingus as separate brand. DUBLIN, Jan 27- The board of Irish airline Aer Lingus has recommended an improved 1.36- billion-euro takeover offer from the owner of British Airways which now must sooth government concerns to win shareholder approval. Aer Lingus said its recommendation is subject to being satisfied with how IAG proposes to...

  • Aer Lingus recommends $1.5 bln offer from BA-owner IAG Tuesday, 27 Jan 2015 | 2:13 AM ET

    DUBLIN, Jan 27- Aer Lingus's board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group, the Irish airline said on Tuesday. The new proposal by the owner of British Airways, its third in six weeks, is worth 2.55 euros per share, up from a previous 2.40 euros, and includes a cash offer of 2.50 per euros share and a...

  • LONDON, Jan 9- The owner of British Airways said on Friday that Aer Lingus had rejected a revised takeover approach valuing the Irish airline at 2.40 euros per share. Aer Lingus said in December it had rejected a takeover approach from its larger rival, which is keen to gain control of its highly coveted runway slots at London's Heathrow Airport.

  • These stocks were a bright spot on a slow day Tuesday, 30 Dec 2014 | 5:43 PM ET
    gold bars.jpg

    Gold rallied on Tuesday, pushing gold mining stocks as much as 11 percent higher, as investors switched into risk aversion mode.

  • Stocks end little moved near records; utilities hit Wednesday, 12 Nov 2014 | 4:50 PM ET
    Wall Street New York Stock Exchange NYSE

    Stocks fell Wednesday as investors mulled the slowdown in Europe and earnings from retailers.