Are Telupay International Inc(OTCMKTS:TLPY), Oi SA (ADR)(NYSE:OIBR), and Molycorp Inc(NYSE:MCP) Good Day Trading Options?
New York, NY – GDP INSIDER – 10/27/2014.
This article discusses three companies: Telupay International Inc(OTCMKTS:TLPY), Oi SA (ADR)(NYSE:OIBR), and Molycorp Inc(NYSE:MCP)
Telupay International Inc(OTCMKTS:TLPY) is a Channel Islands-based company that develops and commercializes mobile banking and payment apps for ATM operators, mobile operators, and banks. The company has a market capitalization of over $45 million and 164.78 million tradeable shares. On Oct. 9th, the company announced that it had reached a 5-year service agreement with 1Bro, an agent network in the Philippines. The service will allow 30,000 1Bro agents to conduct balance inquiries.
Oi SA (ADR)(NYSE:OIBR) issued a notice to the market on Oct. 20th that announced the possible liquidation of Rio Forte Investments S.A. This possible event would come as a result of a rejecton of the request for controlled management of the company, which occurred on Oct. 17th. However, the press release clarifies that it shall not impact the development of the current business combination between Oi, Portugal Telecom SGPS S.A., and TmarPart.
Molycorp Inc(NYSE:MCP) announced on Oct. 21st that the company intends to report its third quarter financial results after the markets close on Nov. 5th, 2014. Additionally, the company will be hosting a conference call on Nov. 6th, 2014 to discuss the results. Molycorp’s call will be hosted by Geoff Bedford, the company’s CEO, and CFO Michael Doolan. The Colorado-based rare earth and rare metal materials producer has a market capitalization of over $325 million, but has seen its trading value decline.
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