New Gold Hits 2016 Production Guidance

New Gold Hits 2016 Production Guidance

New Gold Monday said production for 2016 was in line with its guidance and the company also provided its output target for 2017. During the year, the company produced 381,663 ounces of gold, compared to its guidance of 360,000 to 400,000 ounces. Copper production of 102 million pounds exceeded the high end of the guidance range of 81 to 93 million pounds by 10%. For 2017, gold production is expected […]

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Affiliated Managers Reports Q4 EPS Beat

Affiliated Managers Reports Q4 EPS Beat

Affiliated Managers Group reported early Monday Q4 adjusted EPS of $3.80 per share compared with an income of $3.59 per share a year ago, beating the $3.70 average EPS estimate from analysts polled by Capital IQ. The company said in a statement sales dropped to $550.3 million from $589.8 million a year ago, coming in below the $566.5 million consensus. The company is confident in its “ability to continue to […]

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