Boston, MA 02/11/2014 (wallstreetpr) – Yamana Gold Inc. (USA) (NYSE:AUY) has stated that its output this year will be up 16 percent above the levels realized in 2013. However, it expects cash cost per ounce to remain stable. The company expects that it will produce 1.4 million gold-equivalent ounces this year, up from 1.2 million realized in 2013. The company, last year, produced 8.4 million ounces of silver, equating about 200,000 ounces of gold. AUY estimates that all-sustainable cash cost taking into account sale of by-product metals will come below $850 per ounce, which compares to $814 per ounce in 2013. Yet excluding the sale of by-product metals, all-sustaining cash cost is expected to be in the region of $925 per gold-equivalent ounce, which compares to $947 in 2013. Yamana Gold Inc. (USA) (NYSE:AUY) will release its fourth quarter earnings results on February 18.
EMC Corporation (NYSE:EMC): Analysts at TheStree have identified various strengths in the stock of EMC and thus restated their “buy” rating on the stock. The analysts believe that while it is true EMC has had lackluster performance, the existing potential upside exceed any weaknesses that might linger around. Some of the notable strengths in the stock include increase in net income, good cash flow, revenue growth, increasing earnings per share and expanding profit margins. Having been a subject of several investment analysts recently, EMC carries a consensus “buy” and average price objective of $29.52. At least 29 analysts have recently commented on the stock of EMC Corporation (NYSE:EMC).
Groupon Inc (NASDAQ:GRPN) is introducing a tool that would allow merchants to serve themselves on its marketplace platform. The company announced a new tool that it calls Deal Builder through which merchants can pick templates and create offers and a lot more. This tool has already been successfully tested in about 100,000 merchants. By taking this step GRPN hopes that it would be able boost its deal offering without the need of increasing staff. Groupon Inc (NASDAQ:GRPN) will also be able to serve thousands more of merchants that it has not been able to reach presently.