Morning Alert : Visa Inc. (NYSE:V), Newmont Mining (NYSE:NEM), BlackRock (NYSE:BLK), Navios Maritime Holdings Inc. (NYSE:NM), Fresh Del Monte Produce. (NYSE:FDP)

International credit and debit card company Visa Inc. (NYSE:V) said on Wednesday that a new wave of U.S. economic sanctions is not affecting its work in Russia and does not force it to stop serving Russian clients. Visa Inc. (NYSE:V)’s stock on 30 July traded at beginning with a price of $213.49and when day-trade ended the stock finally moved up 0.26% to end at $214.06. Visa Inc. (NYSE:V)’s showed weekly performance of -3.23%.

Newmont Mining Corporation (NYSE:NEM) will stick to a “parallel path” of arbitration and negotiation with the government of Indonesia in an attempt to resolve an impasse over copper concentrate exports, the company’s chief executive said on Wednesday. Newmont Mining Corporation (NYSE:NEM) on Wednesday closed at $25.59. Stock institutional ownership is 74.00% while insider ownership includes 0.10%. Newmont Mining Corporation (NYSE:NEM) distance from 50-day simple moving average (SMA50) is 5.51%.

On July  25,  Investors should seek to profit from a rise in volatility as central banks prepare to tighten monetary policy, according to BlackRock, Inc. (NYSE:BLK)’’s Chief Investment Strategist Russ Koesterich.  BlackRock, Inc. (NYSE:BLK)’s shares on Wednesday traded in the range of 312.63 – 317.15and ended up on $314.82. BlackRock, Inc. (NYSE:BLK) distance from 200-day simple moving average (SMA200) is 3.65%. BLK’s sales growth for past 5 years was 15.00% and its EPS growth for past 5 years was 23.90%.

On Jul 8, 2014, Navios Maritime Holdings Inc. (NYSE:NM) announced that the Company completed the previously announced offering of 4,800,000 American Depositary Shares, each of which represents 1/100th of a share of the Company’s Series H Cumulative Redeemable Perpetual Preferred Stock, with a liquidation preference of $2,500.00 per share ($25.00 per American Depositary Share). The 4,800,000 American Depositary Shares includes 600,000 American Depositary Shares purchased pursuant to a partial exercise by the underwriters of their 30-day option to purchase up to an additional 630,000 American Depositary Shares. Dividends will be payable on the Series H Cumulative Redeemable Perpetual Preferred Stock at a rate of 8.625% per annum of the stated liquidation preference. The American Depositary Shares have been approved for listing on the New York Stock Exchange under the symbol “NMPrH,” subject to official notice of issuance.  Navios Maritime Holdings Inc. (NYSE:NM)’s stock on 30 July moved up 1.99% to the closing price of $8.20. Its fifty two weeks range is $5.52 – 12.12. The total market capitalization recorded $840.4M. Navios Maritime Holdings Inc. (NYSE:NM) monthly performance is -18.97%.

 

Fresh Del Monte Produce Inc. (NYSE:FDP)  announced that its board of directors declared an interim cash dividend of twelve and a half cents ($0.125) per share, payable on September 5, 2014 to shareholders of record on August 13, 2014.  Fresh Del Monte Produce Inc. (NYSE:FDP) on Wednesday closed at $29.99. Stock institutional ownership is 66.10% while insider ownership includes 9.60%. Fresh Del Monte Produce Inc. (NYSE:FDP) distance from 50-day simple moving average (SMA50) is 0.91%.