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Stocks Buzz – Barrick Gold Corporation (USA) (ABX), Lululemon Athletica inc (LULU), Huntington Bancshares Incorporated (HBAN), Newmont Mining Corp (NEM)

US government bond yields and the dollar fell after the minutes of the Federal Reserve’s last policy meeting appeared to cast doubt over the possibility of a September interest rate rise.

The US central bank expressed concerns about lagging inflation as well as the risks posed by a stronger dollar and developments in China, but said conditions for a rate rise were “approaching”.

“The July FOMC minutes were more dovish than expected as the Fed remains in a quandary over the timing of a tightening,” said Nick Stamenkovic, macro strategist at RIA Capital Markets.

“Further evidence of improvement in the labour market should be sufficient to prompt a Fed tightening on September, but rising global disinflation pressures could delay a move until December.”

Indeed, US consumer price inflation data released on Wednesday were benign, with both the headline and core readings up just 0.1 per cent last month, for year-on-year rates of 0.2 per cent and 1.8 per cent respectively.

Barrick Gold Corporation (USA) (NYSE:ABX) reported the gain of 3.07% and closed at $7.89 with the total traded volume of 23.99 million shares. Its market capitalization is $8.88 billion. The stock has a 52-week high price of $19.09 and its 52-week low was recorded at $6.52. Barrick Gold Corporation (USA) (NYSE:ABX) is pleased to declare that it has implemented its previously announced dividend reinvestment plan (the “Plan”). Shareholders who are residents of Canada or the U.S may elect to participate in the Plan commencing with the dividend to be paid on September 15, 2015 to shareholders on record as of August 31, 2015. Participation in the Plan is optional and will not affect shareholders’ cash dividends unless they elect to participate in the Plan. Quarterly dividends are only payable as and when declared by Barrick’s Board of Directors and there is no entitlement to any dividend prior thereto.

For How Long ABX Gloss will Attract Investors? Find out via this report

Lululemon Athletica inc (NASDAQ:LULU) declined -2.01% and ended at $65.36. The total traded volume was 1.39 million shares and market capitalization arrived at $9.43 billion. The stock has a 52-week high price of $70.00 and its 52-week low was recorded at $37.81, while during last trade its minimum price was $65.05 and it gained the highest price of $66.43. Lululemon Athletica inc (NASDAQ:LULU) along with its subsidiaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It works along with two segments, Corporate-Owned Stores and Direct To Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle activities and athletic pursuits, such as yoga, running, and general fitness; and dance-inspired apparel for female youth. It also provides fitness-related accessories, including bags, socks, underwear, yoga mats, and water bottles.

Has LULU Found The Bottom And Ready To Gain Momentum? Find Out Here

Huntington Bancshares Incorporated (NASDAQ:HBAN) reported the decrease of -1.69% to close at $11.64 with the overall traded volume of 10.89 million shares. Its market capitalization on last close reached to $9.51 billion. The company has the total of 803.07 million outstanding shares. Huntington Bancshares Incorporated (NASDAQ:HBAN) promulgated the release of its mid-cycle, company-run capital stress test results as required by the Dodd-Frank Act. Results can be found on Huntington’s Investor Relations website under the heading “Publications and Filings” (http://huntington-ir.com/main/Regulatory.htm). Results are based on a forward-looking exercise using hypothetical severely adverse macroeconomic assumptions developed by Huntington.

Has HBAN Found The Bottom And Ready To Gain Momentum? Find Out Here

Newmont Mining Corp (NYSE:NEM) increased 2.22% settle at $17.93. Its total traded volume during last trading session was 7.38 million shares. The overall market worth of this company is about 9.28 billion. The 52 week range of the stock remained $16.07 – $27.90. Newmont Mining Corp (NYSE:NEM) has completed the acquisition of the Cripple Creek & Victor (“CC&V”) gold mine in Colorado from AngloGold Ashanti Ltd. for US$820 million, plus a 2.5 percent net smelter return royalty on potential future gold production from underground ore.

Why Should Investors Buy NEM After The Recent Gain? Just Go Here and Find Out