Monthly Archives: March 2017

Pre-Market Stocks Roundup: EQT (NYSE:EQT), HD Supply Holdings (NASDAQ:HDS), Ballard Power Systems (NASDAQ:BLDP), Apple (NASDAQ:AAPL)

Pre-Market Stocks Roundup: EQT (NYSE:EQT), HD Supply Holdings (NASDAQ:HDS), Ballard Power Systems (NASDAQ:BLDP), Apple (NASDAQ:AAPL)

On Wednesday, EQT Corporation (NYSE:EQT)’s shares declined -2.91% to $76.33.

EQT Corporation (EQT) declared the declaration of a quarterly cash dividend of $0.03 per share, payable September 1, 2015, to shareholders of record at the close of business on August 14, 2015.

EQT Corporation, together with its auxiliaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. The EQT Production segment explores for, in addition to develops and produces natural gas, natural gas liquids (NGLs), and crude oil primarily in the Appalachian Basin. As of December 31, 2014, it had 10.7 trillion cubic feet of proved natural gas, NGLs, and crude oil reserves across about 3.4 million gross acres, counting about 630,000 gross acres in the Marcellus play.

HD Supply Holdings Inc (NASDAQ:HDS)’s shares dropped -0.76% to $35.33.

HD Supply Holding, Inc. (HDS) declared that it has reached a definitive agreement to sell its HD Supply Power Solutions business unit, a leading provider of a diverse product and service offering serving investor owned utility, public power, construction and industrial markets, to Anixter Inc. The purchase price is $825 million payable in cash at closing. The transaction is predictable to close in HD

HD Supply Holdings, Inc. operates as an industrial distributor in North America. The company’s Facilities Maintenance segment offers electrical and lighting items, plumbing, appliances, janitorial supplies, hardware, kitchen and bath cabinets, window coverings, textiles and guest amenities, healthcare maintenance, and water and wastewater treatment products, in addition to heating, ventilating, and air conditioning products.

At the end of Wednesday’s trade, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP)‘s shares dipped -1.25% to $1.58.

Ballard Power Systems Inc. (USA) (BLDP) declared that it has signed a framework agreement with Tangshan Railway Vehicle Company, Limited (TRC) for development of a new fuel cell module that will be designed to meet the requirements of tram or Ground Transport Vehicle (GTV) applications.

The framework agreement contemplates that TRC trams will use next-generation Ballard fuel cell power modules designed specifically for this application. Initial work is predictable to involve Technology Solutions offered by Ballard to assist in the design and integration of a fuel cell power module into TRC tram equipment, with the aim of powering a GTV prototype in 2016.

TRC was established in 1881 as China’s first manufacturer of locomotives and rolling stock. In its nearly three-centuries of operation the company has delivered a number of important “firsts” in China , counting the first: locomotive; passenger train; freight wagon; inspection train; titling train; and 70% low-floor light rail train. In January 2011, TRC also recorded the world’s fastest railway test speed of 487.3 kilometers per hour (302 miles per hour).

Ballard Power Systems Inc. engages in the development and commercialization of proton exchange membrane fuel cells worldwide. The company is primarily involved in the design, development, manufacture, sale, and service of fuel cell stacks, modules, and systems for various applications.

Apple Inc. (NASDAQ:AAPL), ended its Wednesday’s trading session with 0.96% gain, and closed at $126.82.

Dominion Resources (D) asked the Virginia State Corporate Commission (SCC) for a Certificate of Public Convenience and Necessity to build a $1.3 billion state-of-the-art natural gas-fired power station in Greensville County.

If approved, the high-efficiency, combined-cycle station would generate about 1,600 megawatts, enough electricity to power 400,000 typical homes during peak demand. Construction is planned to start next year pending SCC approval.

The station will have a low carbon intensity because it utilizes clean burning natural gas, combined cycle technology and best accessible control technology to reduce emissions. It will also have lower water usage and a wastewater discharge plan that minimizes the impact to rivers and streams.

Greensville Power Station is part of Dominion’s plan for meeting demanding new air quality and projected carbon dioxide emissions standards while keeping up with growing customer demand for energy. When the station is online in 2019, it will be part of a diverse portfolio that comprises 400 megawatts of planned solar generation, counting zero carbon emission nuclear power.

Dominion Resources, Inc. produces and transports energy in the United States. The company operates through three segments: Dominion Virginia Power (DVP), Dominion Generation, and Dominion Energy. The DVP segment engages in regulated electric transmission and distribution operations that serve residential, commercial, industrial, and governmental customers in Virginia and North Carolina.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Pre-Market News Buzz on: Pfizer, (NYSE:PFE), salesforce.com, (NYSE:CRM), Youku Tudou, (NYSE:YOKU)

Pre-Market News Buzz on: Pfizer, (NYSE:PFE), salesforce.com, (NYSE:CRM), Youku Tudou, (NYSE:YOKU)

On Wednesday, Shares of Pfizer Inc. (NYSE:PFE), lost -0.18% to $33.98, as health care stocks were narrowly mixed Wednesday, with the NYSE Health Care Sector Index falling about 0.1% and shares of health care companies in the S&P 500 rising about 0.1% as a group.

Pfizer Inc., declared that it broke ground for a $95 million consumer products production facility in Suzhou, China. The new site is near the company’s existing Suzhou site and will assist enhance production capacity to meet growing demand for Pfizer Consumer Healthcare’s brands in China and the Asia-Pacific region.

“Asia Pacific is a large and rapidly growing region for Pfizer Consumer Healthcare and our new plant in Suzhou will give us the production capacity we need to meet increasing demand for our brands, particularly in China,” said Andy Schmeltz, Regional President, Asia Pacific and Europe, Middle East and Africa, Pfizer Consumer Healthcare.

The new facility will primarily produce Caltrate® dietary supplements and Centrum® multivitamins, and in the future will support production of additional products. There are also plans to eventually house a research and development facility on the site to assist support innovation in the region.

The site design is predictable to achieve Leadership in Energy and Environmental Design (LEED) certifications, and will incorporate the most advanced technologies to minimize energy and water consumption.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.

Shares of salesforce.com, inc. (NYSE:CRM), inclined 1.39% to $74.42, during its last trading session.

salesforce.com, unveiled the next generation of the Marketing Cloud, making any journey possible. With new enhancements to Journey Builder, companies now have one place to map and optimize journeys that span sales, service, marketing, custom apps and more. In addition, the next generation of Active Audiences allows marketers to seamlessly orchestrate ad targeting alongside digital marketing and across the digital advertising ecosystem with partners Facebook, LiveRamp, LiveIntent, Neustar, Twitter and Viant.

The ubiquity of smartphones, connected products, apps, wearable devices and digital communications creates trillions of customer interactions every day. The customer’s journey and every customer interaction, whether it’s engaging with a marketing campaign, speaking with a salesperson or getting a customer support case resolved, is an opportunity to build a relationship and define the brand. Because of this, companies are now competing on customer experience.

salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices.

Finally, Youku Tudou Inc. (NYSE:YOKU), ended its last trade with 4.85% gain, and closed at $29.64, as the Internet TV company joins other China-based companies as they get a boost from Qihoo 360 Technology’s (QIHU) go private offer.

A consortium led by the software maker’s CEO Hongyi Zhou, offered Qihoo $77 per ADS, or $9.01 billion, an offer which the company is presently evaluating.

A number of Chinese companies have gone private recently, or have received offers to go private as tech executives are betting on higher valuations in China, Reuters reports.

Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China. Its Internet television platform enables users to search, view, and share video content across various devices. The company’s services for users comprise online video content library comprising primarily of professionally produced content, counting television serial dramas, movies, current event reports, variety shows, and music videos.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Biotech Stocks in the Spotlight: Aeterna Zentaris, (NASDAQ:AEZS), Transition Therapeutics, (NASDAQ:TTHI)

Biotech Stocks in the Spotlight: Aeterna Zentaris, (NASDAQ:AEZS), Transition Therapeutics, (NASDAQ:TTHI)

Biotech Stocks in the Spotlight: Aeterna Zentaris, (NASDAQ:AEZS), Transition Therapeutics, (NASDAQ:TTHI)

On Thursday, Shares of Aeterna Zentaris Inc. (NASDAQ:AEZS), declined -2.44% to $0.0680.

Aeterna Zentaris, traded on a volume of 18,515,567, lower than its standard daily volume. The stock, as of recent close, has shown weekly downbeat performance of -24.86% which was maintained at -89.37% in this year. Over the last twelve months, the stock has lost $-1.21 (-94.69%) and faced a worst price of $0.05 on Sep 18, 2015. The stock has moved down across its 50-day moving average of $0.08.

Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing novel treatments in oncology, endocrinology, and women’s health.

On other hand, Shares of Transition Therapeutics Inc. (NASDAQ:TTHI), surged 3.11% to $1.99.

Transition Therapeutics, declared that its partner, Transition Therapeutics Ireland Limited, has accomplished a thorough review of the data related to the Phase 2/3 study of ELND005 in Alzheimer’s disease patients with moderate or severe agitation and aggression. The analysis identified a noteworthy clinical benefit of ELND005 in AD patients with severe agitation and aggression, and will serve as the basis for patient selection in a Phase 3 clinical study. The review was performed in consultation with a group of key opinion leaders in the field of neuropsychiatry.

Efficacy Findings

As formerly declared, the primary efficacy endpoint of the Phase 2/3 study (12 week change from baseline of the NPIC A+A scale) was not achieved in the overall study population of AD patients with moderate or severe agitation and aggression.

A post-hoc analysis demonstrated that ELND005 offered a clinically meaningful 5.1 point improvement relative to placebo on the NPIC A+A scale (p=0.047) in a severe agitation and aggression population. An evaluation of progressively severe patient subsets with baseline NPIC A+A scores greater than 22 showed a consistent and greater improvement over the 5.1 points observed in the overall severe population. Multiple analyses performed on the severe agitation and aggression dataset determined that outliers, baseline demographics, AD severity, and concomitant medications did not appear to contribute to the improvement observed in the ELND005 treatment group.

The NPIC A+A scale is an aggregate score of severity related to 21 behavioral symptoms (13 agitation, 8 aggression behaviors). Analysis of the patient population with a baseline NPIC A+A < 22 showed that the major symptoms manifested were upset, stubborn, resistance, ask and shouting, and the remaining 16 behavioral symptoms were much less prevalent and had lower severity. As the baseline severity of NPIC A+A raised above 22 in AD patients, particularly above 26, many of the verbal and physical aggression items (hit, push, intrusive, argue, complain, danger, slam conflict), in addition to the excessive motor activities (restless, fidget, pace), also raised in prevalence and severity. In this population of AD patients with severe agitation and aggression, 20 of the 21 symptoms measured by the NPIC A+A numerically favored ELND005 relative to placebo. These data demonstrated that ELND005 appeared to have a more pronounced effect on the verbal and physical aggression symptoms, in addition to the excessive motor activities, that were more prevalent in AD patients with increasing agitation and aggression disease severity.

Safety and Tolerability Results

ELND005 was shown to have an acceptable safety and tolerability profile in the study. The overall incidence of treatment emergent adverse events (“TEAEs”) in the ELND005 group and the placebo group were similar (56.6% vs 54.3%), as was the incidence of study drug-related TEAEs (13.1% vs 14.9%). Most TEAEs were mild or moderate in severity. The most common TEAEs in the ELND005 group that were ≥5% in incidence were: agitation (8.0% vs. 7.4% in placebo), diarrhea (8.0% vs. 2.9% in placebo), urinary tract infection (6.9% vs. 4.0% in placebo), and falls (6.3% vs. 5.1% in placebo). Overall, the incidence of serious adverse events was higher in the ELND005 group (9.7%) contrast with the placebo group (2.9%).  There were no deaths stated in the study.  The overall patient discontinuation rate was low (10.3%); 4.6% of patients suspended the study due to an adverse event in the ELND005 group as compared to 4.0% in the placebo group. No clinically meaningful changes in electrocardiographic findings were observed. ELND005 was not associated with cognitive impairment or sedation in this study.

Transition Therapeutics Inc., a biopharmaceutical company, researches and develops therapeutic agents for disease indications primarily in Canada. The company’s lead central nervous system drug candidate is ELND005, which has accomplished a Phase II/III clinical trial for the treatment of agitation/aggression associated with Alzheimer’s disease; and has accomplished Phase IIa clinical trial for the treatment of Down syndrome.




Pre-Maket News Review: Boeing (NYSE:BA), UnitedHealth Group (NYSE:UNH), NXP Semiconductors NV (NASDAQ:NXPI), Ariad Pharmaceuticals, (NASDAQ:ARIA)

Pre-Maket News Review: Boeing (NYSE:BA), UnitedHealth Group (NYSE:UNH), NXP Semiconductors NV (NASDAQ:NXPI), Ariad Pharmaceuticals, (NASDAQ:ARIA)

On Thursday, Boeing Co (NYSE:BA)’s shares declined -1.81% to $141.20.

The biennial Paris Air Show officially begins on Monday, June 15, but the two big commercial jet builders have already begun ratcheting up the public relations portion of the show. Given the boom in orders over the past several years, and the relatively low number of new orders so far this year, both Boeing Co. ( BA) and Airbus may have to focus on something besides large new orders for commercial planes.

Earlier this week, Airbus announced that it had received a firm order for 10 A321 and two A320 single-aisle planes from U.S. ultra-low-cost carrier Frontier Airlines. Neither part of the order includes the new engine option that Airbus is pushing. That is likely due to Frontier’s desire to remain an ultra-low-cost carrier and partly to fuel costs that are expected to remain low for several more years.

On Thursday morning, Boeing declared that a 787-9 that is being delivered to Vietnam Airlines will take part in a flying demonstration at the Paris show. The airline has ordered eight of the Boeing planes, and the plane that will fly in Paris is the first 787 to be delivered to the southeast Asian company.

The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.

UnitedHealth Group Inc. (NYSE:UNH)’s shares dropped -1.44% to $116.65.

Advocate Health Care and UnitedHealth Group Inc. (UNH)are expanding their accountable care relationship to assist improve care coordination and enhance health services for more than 80,000 Illinois residents enrolled in United Healthcare’s employer-sponsored health plans, startning July 1, 2015.

Last year, Advocate Health Care and United Healthcare launched their accountable care relationship for more than 5,500 Illinois residents enrolled in UnitedHealthcare’s Medicare Advantage plans. Under this newly expanded relationship, physicians and hospitals associated with Advocate Health Care will be rewarded for achieving certain evidence-based measures for care offered to people enrolled in UnitedHealthcare employer-sponsored health plans.

UnitedHealthcare will complement Advocate Health Care’s clinical care and data by giving the group’s 5,500 physicians support needed to manage overall population health, counting technology and information that will assist them take specific actions that improve quality and lower costs. Actionable data can comprise patient profiles, specific Healthcare Effectiveness Data and Information Set (HEDIS) gaps, and real-time information about emergency room and inpatient admissions. Patient navigators may also support community-based care coordination, such as assisting with transition plans after an individual is discharged from the hospital, scheduling follow-up appointments and closing care gaps.

UnitedHealth Group Incorporated operates as a diversified health and well-being company in the United States. The company’s UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; and health care coverage, and health and well-being services to individuals aged 50 and older addressing their needs for preventive and acute health care services. It also provides services dealing with chronic disease and other specialized issues for older individuals; Medicaid plans, Children’s Health Insurance Program, and health care programs; and health services, counting commercial health and dental benefits.

At the end of Thursday’s trade, NXP Semiconductors NV (NASDAQ:NXPI)‘s shares dipped -1.38% to $106.74.

NXP Semiconductors NV (NXPI) and Freescale Semiconductors, Ltd. (FSL) will each hold shareholder meetings on July 2, 2015 to vote on NXP’s acquisition of Freescale. The United States Securities and Exchange Commission has declared effective the registration statement on Form F-4 filed by NXP. NXP and Freescale have finalized the joint proxy statement/prospectus and expect to promptly start delivery to shareholders. The NXP and Freescale boards of directors recommend shareholders vote in favor of the merger.

NXP also declared that it received a request for additional information and documentary materials from the United States Federal Trade Commission (“FTC”) in connection with NXP’s pending merger with Freescale. The request was issued under notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (“HSR Act”).

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide. It provides in-vehicle networking, car passive keyless entry and immobilization, and car radio and audio amplifiers; car solid state lighting drivers; communication products that are related to assisted and autonomous driving; ICs for e-government, transportation, and access administration; RF power amplifiers, small signal RF discretes, and RF ICs for mobile, consumer electronics, and cable television infrastructure; AC-DC power conversion ICs for notebook personal computers; low power audio ICs; and microcontrollers.

Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), ended its Thursday’s trading session with -0.95% loss, and closed at $8.84.

Ariad Pharmaceuticals, Inc. (ARIA) declared updated clinical data on its investigational tyrosine kinase inhibitor (TKI), brigatinib (AP26113), in patients with anaplastic lymphoma kinase positive (ALK+) advanced non-small cell lung cancer (NSCLC) from an ongoing Phase 1/2 trial. The current results comprise more mature efficacy data for brigatinib, counting updated response rates and median duration of response in ALK+ NSCLC patients, in addition to more extensive safety data for all patients in the trial.

The updated Phase 1/2 results were presented this morning at the 2015 American Society of Clinical Oncology (ASCO) annual meeting in Chicago.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of medicines for cancer patients. The company offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, Europe, and other territories.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Notable Stocks News Review – Teekay Corporation (NYSE:TK), Goodrich Petroleum Corporation (NYSE:GDP)

Notable Stocks News Review – Teekay Corporation (NYSE:TK), Goodrich Petroleum Corporation (NYSE:GDP)

Notable Stocks News Review – Teekay Corporation (NYSE:TK), Goodrich Petroleum Corporation (NYSE:GDP)

On Wednesday, Shares of Teekay Corporation (NYSE:TK), lost -4.06% to $9.45.

On Monday, December 21, 2015, the NASDAQ Composite ended at 4,968.92, up 0.93%, the Dow Jones Industrial Average advanced 0.72% to finish the day at 17,251.62 and the S&P 500 closed at 2,021.15, up 0.78%.

Teekay Corp.’s stock edged higher by 9.55% to finish Monday’s session at USD 9.64. The stock traded much below its 50-day and 200-day moving averages of USD 27.13 and USD 37.86, respectively. The company’s shares oscillated between USD 8.28 and USD 9.69. The stock recorded a trading volume of 8.45 million shares, which was above its 50-day daily average volume of 1.78 million shares and above its 52-week average volume of 0.79 million shares. Over the last three days, Teekay Corp.’s shares have declined by 44.88% and in the past one week, the shares have moved down 48.37%. Furthermore, over the last three months, the stock has lost 71.72% and in the past six months, the shares have shed 78.65%. The company is trading at a price to earnings ratio of 22.95 and at a price to book ratio of 0.71. Additionally, the stock is trading at a price to cash flow ratio of 0.81 and at a price to sales ratio of 0.28.

Teekay Corporation primarily provides crude oil and gas marine transportation services in Bermuda and internationally. Its Shuttle Tanker and FSO segment operates shuttle tankers, floating storage and off-take (FSO) units, floating accommodation units, and long-distance towing and offshore installation vessels. The company’s FPSO segment operates floating production, storage, and offloading (FPSO) units, in addition to other vessels used to service its FPSO contracts.

Finally, Goodrich Petroleum Corporation (NYSE:GDP), ended its last trade with -1.12% loss, and closed at $0.270.

In connection with Goodrich Petroleum Corporation’s (GDP) recent tender offer and issuance of depositary shares, each representing a 1/1000th ownership interest in a share of the Company’s new 10.00% Series E Cumulative Convertible Preferred Stock (the “Series E Preferred Stock”), the Company has arranged for the filing of Form 211 with the Financial Industry Regulatory Authority (“FINRA”) to initiate the listing of the Series E Preferred Stock on the OTC Global Markets, Inc. (the “OTC”). After FINRA authorizes listing of the Series E Preferred Stock on the OTC, the Company will set a record date for the payment of the initial dividend on the Series E Preferred Stock within three days of the authorization date and dividend payment date within three days of the record date, which dividend will be paid in shares of the Company’s common stock. In addition, according to the terms of the Series E Preferred Stock, it may be converted at any time into shares of the Company’s common stock at a rate of 5.0 shares of the Company’s common stock for each depositary share of Series E Preferred Stock.

Goodrich Petroleum Corporation, an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas. The company holds interest in the Tuscaloosa Marine Shale located in southwest Mississippi and southeast Louisiana; and the Haynesville Shale Trend in Northwest Louisiana and East Texas.

 




U.S Market Movers: J C Penney Company (NYSE:JCP), Citigroup (NYSE:C), Warren Resources, (NASDAQ:WRES)

U.S Market Movers: J C Penney Company (NYSE:JCP), Citigroup (NYSE:C), Warren Resources, (NASDAQ:WRES)

U.S Market Movers: J C Penney Company (NYSE:JCP), Citigroup (NYSE:C), Warren Resources, (NASDAQ:WRES)

On Friday, J C Penney Company Inc (NYSE:JCP), showed bullish trend with higher momentum of 0.45% to close at $6.64. The company traded total volume of 14.21 million shares as contrast to its average volume of 16.38 million shares. The company has a market value of $2.03 billion and about 306.00 million shares outstanding. During the 52-week trading session the minimum price at which share price traded, registered at $6.19 and reached to max level of $10.09.

In the trailing twelve months, net profit margin of the company was -4.00% while gross profit margin was 36.00%. The company has 0.16% value in price to sale ratio while price to book ratio was recorded as 1.31%. The company earned $-501.00 million in prior twelve months on revenue of $12.52 billion. J. C. Penney Company, Inc. (JCPenney) is a holding company. The Company’s operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and Website at jcpenney.com, which utilizes applications for desktop, mobile and tablet devices.

Shares of Citigroup Inc (NYSE:C) finished down -3.10% to close at $51.20. The stock kicked off the day at $52.46 and traded between a low of $51.16 and a high of $52.68. The company traded 25.51 million shares more than average volume of 17.11 million shares. The stock’s worth is $152.55 billion. Analyst recommendation for this stock stands at 1.90.

Return on assets ratio of the company was 0.70% while its return on equity ratio was 6.60%. ATR value of company was 1.28 while stock volatility for week was 2.67% while for month was 2.00%. Debt to equity ratio of the company was -1.04%. Citigroup Inc. (Citi) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management.

Warren Resources, Inc. (NASDAQ:WRES) closed at $0.140 with trading volume of 1.04 million shares below its average volume of 892,903. The company fell -6.67% with market capitalization of 11.93 billion. The stock’s institutional ownership stands at 25.50%. During the year, the lowest price at which share is traded was $0.14 and hit the highest price at $2.25.

Beta factor, which is used to measure risk associated with the stock, is stands at 1.77.  The company offered gross profit margin was 51.10%. ROE was recorded as -291.90%. Warren Resources, Inc. is an energy company engaged in the exploration, development and production of domestic onshore crude oil and gas reserves. The Company focuses on the exploration and development of its waterflood oil recovery properties in the Wilmington field within the Los Angeles Basin of California, the Marcellus Shale in northeastern Pennsylvania and its coalbed methane (CBM), natural gas properties located in the Rocky Mountain region.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Up to Date Stocks News Analysis: Weatherford International (NYSE:WFT), Groupon (NASDAQ:GRPN), DiamondRock Hospitality Company (NYSE:DRH)

Up to Date Stocks News Analysis: Weatherford International (NYSE:WFT), Groupon (NASDAQ:GRPN), DiamondRock Hospitality Company (NYSE:DRH)

On Wednesday, Weatherford International Plc (NYSE:WFT)’s shares inclined 7.36% to $8.90. Weatherford International Plc (NYSE:WFT) is now worth about $6.46 billion. The share price has made a 0.51% gain in the past 5 days and has lost -22.27% since 2015 kicked off. Analysts are forecasting EPS growth of -1.61% for next fiscal year and -9.40% growth in the next 5 years. The stock trades with a beta of 2.23. The stock price is below by -22.04% as contrast to the average price over the last 200 days. The company has 19.30% gross margins.

Weatherford International plc provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company offers managed-pressure drilling services, counting closed-loop, air, managed pressure, and underbalanced drilling; drilling services, such as directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems; and tubular running services, which comprise of tubular connection and installation services for the drilling, completion, and work over of oil or natural gas wells.

Groupon Inc (NASDAQ:GRPN)’s shares gained 5.14% to $3.27. With its recent share price change, GRPN market value has reached roughly $1.91 billion. Its most recent quarter balance sheet showed the company is standing at a 1.00 current ratio and possess 0.43 as debt to equity ratio. The company has a Profit Margin (ttm) of 2.40% and has 45.00% gross margins. The operating profit margin is -1.80%. The stock’s performance in 1 month is 16.79% and its volatility for the same period is 4.79%.

Groupon, Inc. operates online local commerce marketplaces that connect merchants to consumers by offering goods and services at a discount worldwide. It also offers deals on products for which it acts as the merchant of record.

DiamondRock Hospitality Company (NYSE:DRH)‘s shares surged 1.53% to $9.97. The last trading range of DiamondRock Hospitality Company (NYSE:DRH) ranges between $9.82 and $10.00. The EPS of the company stands at $0.62. The 52-week range shows that the stock reached higher at $16.01 while its lower range is $9.76 in the last 52-weeks. The average volume of the company is at 1.85 million with the Outstanding Shares of 200.74 million. The market capitalization of the company is $1.97 billion. The Beta of the company stands at 1.54 with the RSI (Relative Strength Index) of 30.97.

DiamondRock Hospitality Company, a lodging focused real estate company, owns premium hotels and resorts in North America. The company operates its hotels under the Hilton, Marriott, and Westin brand names in New York, Los Angeles, Chicago, Boston, and Atlanta; and in destination resort locations, such as the United States Virgin Islands and Colorado.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Active Stocks on the Move: Wells Fargo & Co (NYSE:WFC), Solar3D Inc (NASDAQ:SLTD), Newell Rubbermaid Inc. (NYSE:NWL)

Active Stocks on the Move: Wells Fargo & Co (NYSE:WFC), Solar3D Inc (NASDAQ:SLTD), Newell Rubbermaid Inc. (NYSE:NWL)

On Wednesday, Shares of Wells Fargo & Co (NYSE:WFC), gained 0.38% to $57.67.

Wells Fargo & Company declared that it has entered into a contract to offer Financial Engines’ (FNGN) suite of institutional retirement planning solutions to companies with 401(k) plans recordkept by Wells Fargo. As the nation’s largest independent registered investment advisor1, Financial Engines is the leader in providing high-quality advisory services to retirement plan participants. Wells Fargo anticipates a release date of mid-2016, at which time retirement plan sponsors on the Wells Fargo recordkeeping platform can elect to add this expanded offering to their retirement benefit plans to assist participants make the most out of their retirement savings.

Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.

Shares of Solar3D Inc (NASDAQ:SLTD), inclined 11.38% to $4.21, during its last trading session.

Solar3D, declared that its operating division SUNworks has secured a $3.52 million contract to design and install a photovoltaic system for Rivermaid Trading Company.

For over 80 years, Lodi-based Rivermaid Trading Company has offered expertise in agriculture, operations, consumer marketing, logistics and more. Led by CEO Patrick Arichibeque, the organization is responsible for 50% of California’s pear volume alone, and is also a top five shipper in the California cherry industry. Rivermaid is committed to sustainability, with a long-term approach to caring for the land, environment resources and community within their region.

Solar3D, Inc. provides photo voltaic based power systems for the residential, commercial, and agricultural markets in the United States. It also designs, finances, integrates, and manages systems ranging in size from 2 kilowatt for residential loads to multi megawatt systems for larger commercial projects.

Finally, Newell Rubbermaid Inc. (NYSE:NWL), ended its last trade with 0.34% gain, and closed at $44.01.

Newell Rubbermaid, declared its second quarter 2015 financial results.

“We have posted a strong set of second quarter results with core sales growth of 5.1 percent and normalized earnings per share growth of 8.5 percent, despite unprecedented foreign exchange pressure on earnings,” said Michael Polk, President and Chief Executive Officer. “Core sales grew in all five of our segments and in all four geographic regions. Our Win Bigger businesses grew 6.5 percent, led by our global Writing business which grew core sales over ten percent. Momentum continued to build in our Baby & Parenting business, which also had a strong quarter with core growth of 6.0 percent. We are driving accelerated growth and earnings performance as a result of strengthened innovation, raised investment in brands, aggressive cost programs and excellent commercial execution.

Second Quarter 2015 Operating Results

Net sales in the second quarter were $1.56 billion contrast with $1.50 billion in the preceding year. Core sales grew 5.1 percent, not taking into account a 480 basis point net contribution from acquisitions and planned divestitures and a 600 basis point negative impact from foreign currency.

Stated gross margin was 39.8 percent, a 20 basis point improvement as compared to preceding year.

Normalized gross margin improved 10 basis points to 40.0 percent, as benefits from productivity and pricing more than offset the negative impacts of foreign currency and mix from acquisitions.

Second quarter stated operating margin was 13.8 percent and operating income was $214.7 million, contrast with 14.2 percent and $213.3 million, respectively, in the preceding year.

Newell Rubbermaid Inc. manufactures and markets consumer and commercial products worldwide. It operates through five segments: Writing, Home Solutions, Tools, Commercial Products, and Baby & Parenting.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Traders Recap: Anavex Life Sciences (OTCMKTS:AVXL), WPX Energy (NYSE:WPX), Darling Ingredients (NYSE:DAR)

Traders Recap: Anavex Life Sciences (OTCMKTS:AVXL), WPX Energy (NYSE:WPX), Darling Ingredients (NYSE:DAR)

Traders Recap: Anavex Life Sciences (OTCMKTS:AVXL), WPX Energy (NYSE:WPX), Darling Ingredients (NYSE:DAR)

– in Business & Finance

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On Tuesday, Anavex Life Sciences Corp (OTCMKTS:AVXL)’s shares declined -12.26% to $4.55.

AVXL has beta value of -0.53. The company has the market capitalization of $170.30 million. Return on assets ratio of the company was -227.00% while its return on equity ratio was -546.70%. ATR value of company was 2.13 while stock volatility for week was 36.66%. Debt to equity ratio of the company was 0.02 and its current ratio was 5.70.

The mean estimate for the short term price target for Anavex Life Sciences Corp (OTCMKTS:AVXL) stands at $10.16 according to 2 Analysts. The higher price target estimate for the stock has been calculated at $15.00 while the lower price target estimate is at $5.32.

Analysts mean recommendation for the stock is 2.00. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Anavex Life Sciences Corp., is a clinical-stage biopharmaceutical company engaged in the development of drug candidates. The Company’s lead compounds include ANAVEX 2-73, ANAVEX PLUS, a combination of ANAVEX 2-73 with donepezil (Aricept), ANAVEX 19-144, ANAVEX 1-41, ANAVEX 7-1037, ANAVEX 3-71, ANAVEX 1079, ANAVEX 1519 and ANAVEX 1066 being developed to treat Alzheimer’s disease and other central nervous system (CNS) diseases.

WPX Energy Inc (NYSE:WPX)’s shares dropped -0.35% to $8.60.

WPX is currently valued at $2.38 billion. The company has 275.28 million shares outstanding and 76.90% shares of the company were owned by institutional investors. The company has 0.99 value in price to sale ratio while price to book ratio was recorded as 0.40. The company exchanged hands with 9.65 million shares as compared to its average daily volume of 8.18 million shares. It beta stands at 1.39.

The mean estimate for the short term price target for WPX Energy Inc (NYSE:WPX) stands at $11.40 according to 17 Analysts. The higher price target estimate for the stock has been calculated at $18.00 while the lower price target estimate is at $6.75.

Analysts mean recommendation for the stock is 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

WPX Energy, Inc. is an independent natural gas and oil exploration and production company. The Company is engaged in the exploitation and development of unconventional properties.

At the end of Tuesday’s trade, Darling Ingredients Inc (NYSE:DAR)‘s shares dipped -0.79% to $10.09.

DAR offered -5.20% EPS for prior five years. The company has 4.30% return on equity value while its ROI ratio was 3.70%. The company has $1.68 billion market capitalizations. Its price to book ratio was 0.89. Volatility of the stock was 3.72% for the week while for the month booked as 3.26%.

The mean estimate for the short term price target for Darling Ingredients Inc (NYSE:DAR) stands at $17.00 according to 9 Analysts. The higher price target estimate for the stock has been calculated at $22.00 while the lower price target estimate is at $11.00.

Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Darling Ingredients Inc., formerly Darling International Inc., is a developer and producer of sustainable natural ingredients from edible and inedible bio-nutrients.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Active Stocks Under Consideration: Violin Memory Inc (NYSE:VMEM), Occidental Petroleum Corporation (NYSE:OXY), Medtronic PLC (NYSE:MDT), Terex Corporation (NYSE:TEX)

Active Stocks Under Consideration: Violin Memory Inc (NYSE:VMEM), Occidental Petroleum Corporation (NYSE:OXY), Medtronic PLC (NYSE:MDT), Terex Corporation (NYSE:TEX)

On Thursday, Shares of Violin Memory Inc (NYSE:VMEM), lost -4.46% to $2.14.

The Grateful Dead may have performed their last live concert in Silicon Valley, but Violin Memory, Inc., (VMEM), a global pioneer of award-winning all flash storage platform solutions for primary storage and active workloads, is just hitting its stride with its “Disk is Dead” campaign – a lighthearted but poignant tribute to the enterprise hard disk drive whose days are numbered with the rapid rise of the all flash data center.

“In May, Violin re-ignited the conversation that as far as primary enterprise data storage is concerned, the disk drive is dead and flash is the future. In this talk aboution, which generated more than one million impressions with IT decision makers, Violin brought ‘center stage’ visibility to the technology transformation that is occurring as IT leaders are saying ‘Fare Thee Well’ to their old spinning disk drives,” said Amy Love, chief marketing officer, Violin Memory. 1,000 IT professionals and contest participants were rewarded for engaging with thought leadership pieces that brought to life the data protection, performance, and cost advantages of flash. Contestants were given the opportunity to win a variety of Disk is Dead prizes, counting grand prize winners who received free trips to see the Grateful Dead at the “Fare Thee Well: Celebrating 50 Years of Grateful Dead” concert at Levi’s Stadium in Santa Clara.

Violin Memory, Inc. develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers, and networks worldwide. The company provides flash storage platforms and all flash arrays that integrate enterprise-class hardware and software technologies to address the limitations of hard disk drive-based and solid state drive-based storage solutions that use off-the-shelf components.

Shares of Occidental Petroleum Corporation (NYSE:OXY), inclined 0.32% to $69.69, during its last trading session.

Occidental Petroleum Corporation, will hold a conference call on Thursday, July 30, 2015, at 10 a.m. Eastern, following the release of its second quarter 2015 financial results.

All remarks made during the conference call will be current at the time of the call and may not be updated to reflect subsequent material developments.

Second quarter 2015 financial results will be accessible through the Investor Relations section of the company’s website concurrent with the SEC filing. An archived edition of the conference call also will be accessible on the website within several hours after the call is accomplished.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas; Chemical; and Midstream, Marketing and Other.

At the end of Thursday’s trade, Shares of Medtronic PLC (NYSE:MDT), lost -0.03% to $76.80.

Medtronic, now offers the GenCut(TM) core biopsy system, a unique lung tissue biopsy tool for use with the superDimension(TM) navigation system. The superDimension(TM) system enables a minimally invasive approach to accessing difficult-to-reach areas of the lung, which can aid in the diagnosis of lung cancer.

The GenCut core biopsy system is a unique tool that allows pulmonologists and thoracic surgeons to collect multiple core samples from lesions deep inside the lungs. With its proprietary blade design, the GenCut core biopsy system can shear and collect larger, more intact samples1, and allows physicians to provide the pathology laboratory with tissue that enables cytology, which is the microscopic appearance of cells, histology and molecular profiling for personalized medicine. With the ability to continuously sample, in one pass, physicians can potentially decrease patients` biopsy procedure times.

Medtronic plc manufactures and sells device-based medical therapies worldwide. The company’s Cardiac and Vascular Group segment offers pacemakers, implantable cardioverter defibrillators, implantable cardiac resynchronization therapy devices, AF products, diagnostics and monitoring devices, and remote monitoring and patient-centered software; and heart valves, percutaneous coronary intervention stent products, surgical valve replacement and repair products, endovascular stent grafts, and peripheral vascular intervention products.

Finally, Terex Corporation (NYSE:TEX), ended its last trade with -2.30% loss, and closed at $22.05.

Terex Corporation, will host a one-hour conference call to review its second quarter 2015 financial results on Thursday, July 30, 2015 at 8:00 a.m. EDT. Ronald M. DeFeo, Chairman and CEO, will host the call. The Company will release its financial results preceding to the call.

Terex Corporation operates as a lifting and material handling solutions company. Its Aerial Work Platforms segment designs, manufactures, services, and markets aerial work platform equipment, telehandlers, and light towers, in addition to related components and replacement parts under Terex and Genie names.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Current Trade News Report on: MBIA. (NYSE:MBI), Colgate-Palmolive Company (NYSE:CL), ConAgra Foods (NYSE:CAG), Western Refining, (NYSE:WNR)

Current Trade News Report on: MBIA. (NYSE:MBI), Colgate-Palmolive Company (NYSE:CL), ConAgra Foods (NYSE:CAG), Western Refining, (NYSE:WNR)

On Friday, MBIA Inc. (NYSE:MBI)’s shares inclined 2.61% to $6.28.

MBIA Inc. (MBI) stated Combined Operating Income (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) of $19 million or $0.11 per diluted share for the second quarter of 2015 contrast with Combined Operating Income of $2 million or $0.01 per diluted share for the second quarter of 2014. The improvement in Combined Operating Income for the three months ended June 30, 2015 contrast with the same period of 2014 was driven primarily by a lower tax provision, as the 2014 quarter had a higher effective tax rate due to a tax reserve enhance. In addition, higher refunding premiums earned and lower expenses, counting a 53 percent reduction of loss and loss adjustment expenses, contributed to the improved 2015 results. The Company’s share repurchases further contributed to the enhance in Combined Operating Income per share.

Adjusted Book Value (ABV) per share (a non-GAAP measure defined in the attached Explanation of Non-GAAP Financial Measures) was $27.00 as of June 30, 2015 contrast with $25.78 as of March 31, 2015 and $24.87 as of December 31, 2014. The enhances in ABV per share since year-end 2014 have primarily been driven by decreases in common shares outstanding. During the first and second quarters of 2015, the Company repurchased 8.6 million and 11.6 million, respectively, of its common shares.

MBIA Inc. provides financial guarantee insurance services to public finance markets in the United States and internationally. The company operates through U.S. Public Finance Insurance, and International and Structured Finance Insurance segments. It issues financial guarantees for municipal bonds, counting tax-exempt and taxable indebtedness, in addition to utility districts, airports, health care institutions, higher educational facilities, student loan issuers, housing authorities, and other similar agencies and obligations issued by private entities.

Colgate-Palmolive Company (NYSE:CL)’s shares dropped -0.18% to $68.52.

The Board of Directors of Colgate-Palmolive Company (CL) declared a quarterly cash dividend of $0.38 per common share, payable on August 14, 2015, to shareholders of record on July 23, 2015. The Company has paid uninterrupted dividends on its common stock since 1895.

Colgate-Palmolive Company, together with its auxiliaries, manufactures and markets consumer products worldwide. It operates in two segments: Oral, Personal and Home Care; and Pet Nutrition. It offers oral care products, counting toothpastes, toothbrushes, and mouthwashes, in addition to pharmaceutical products for dentists and other oral health professionals; personal care products comprising liquid hand soaps, shower gels, bar soaps, deodorants, antiperspirants, shampoos, and conditioners; and home care products, such as dishwashing liquids, laundry and dishwashing detergents, household cleaners, oil soaps, bleaches, fabric conditioners, and other products.

At the end of Friday’s trade, ConAgra Foods Inc (NYSE:CAG)‘s shares dipped -0.96% to $44.54.

ConAgra Foods, Inc. (CAG) declared that all of the company’s facilities in the U.S. and Canada have accomplished the transition to cans without Bisphenol A (BPA) liners.

While ConAgra Foods began canning some food in non-BPA lined cans in 2010, other foods required a different approach, due to their acidity or other characteristics. Extensive research and trials to find safe, long-lasting and economical packaging led the company to Ardagh Group, a global leader in glass and metal packaging solutions. Ardagh invested in capacity and capability to meet ConAgra Foods’ needs, and began providing the company non-BPA cans earlier this year. The cans are made in new, state-of-the-art production facilities using advanced technologies that allow for use of different coating systems using polyester or acrylic materials that do not contain BPA. As of July 30, all ConAgra Foods canned foods made in its U.S. and Canadian facilities will be packaged in cans with non-BPA liners. The company does import into the U.S. and Canada a small quantity of canned products with BPA liners and is working with the suppliers of these products to convert to non-BPA liners by early 2016.

ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as grocery and convenience stores across frozen, refrigerated, and shelf-stable temperature classes. ‘

Western Refining, Inc. (NYSE:WNR), ended its Friday’s trading session with -1.57% loss, and closed at $47.59.

Western Refining, Inc. (WNR) declared its Board of Directors approved a $0.34 per share dividend for the third quarter of 2015. The dividend will be paid on August 12, 2015, to shareholders of record at the close of market on July 27, 2015.

Western Refining, Inc. operates as an independent crude oil refiner and marketer of refined products. The company operates in four segments: Refining, NTI, WNRL, and Retail. The Refining segment owns and operates two refineries that process crude oil and other feed stocks primarily into gasoline, diesel fuel, jet fuel, and asphalt; and markets refined products to various customers, counting wholesale distributors and retail chains.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Current Trade News Report on: Chicago Bridge & Iron Company N.V. (NYSE:CBI), Ericsson (ADR) (NASDAQ:ERIC), NXP Semiconductors NV (NASDAQ:NXPI)

Current Trade News Report on: Chicago Bridge & Iron Company N.V. (NYSE:CBI), Ericsson (ADR) (NASDAQ:ERIC), NXP Semiconductors NV (NASDAQ:NXPI)

Current Trade News Report on: Chicago Bridge & Iron Company N.V. (NYSE:CBI), Ericsson (ADR) (NASDAQ:ERIC), NXP Semiconductors NV (NASDAQ:NXPI)

– in Business & Finance

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During Tuesday’s Morning trade, Shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI), gained 0.77% to $42.06.

Chicago Bridge & Iron Company N.V. (NYSE:CBI), declared a joint venture between CB&I and CTCI Corporation, Taiwan, has received a notice of intention of award valued at about $2.8 billion from Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide engineering, procurement and construction for cracker Package 1, which comprises the steam cracker and associated utilities for the Liwa Plastics Industrial Complex Project in Sohar, Oman.

The scope of work comprises EPC for a grassroots 880-ktpa ethylene plant, pygas unit and MTBE unit, in addition to all the related off-sites and utilities. CB&I’s scope of work also comprises the construction of cryogenic and atmospheric storage tanks and pipe spool fabrication. As formerly declared, the cracker will employ CB&I’s latest, proven ethylene technology, counting highly selective SRT® cracking heaters, and its innovative recovery section design, featuring low-pressure separation and mixed refrigeration.

“CB&I is happy to have been selected for this noteworthy project following the successful completion of the front end engineering and design of the Liwa Plastics Project for Orpic,” said Philip K. Asherman, CB&I’s President and Chief Executive Officer. “This new award builds upon the successful relationship between Orpic and CB&I and is a testament of our customer’s confidence in our experience and world-class project execution capabilities.”

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program administration, and environmental services worldwide.

Shares of Ericsson (ADR) (NASDAQ:ERIC), inclined 0.32% to $9.50, during its current trading session.

With 5G commercial networks starting in 2020, Ericsson (ERIC) is supporting operator requirements for field trials as early as 2016 with the introduction of 5G Radio Prototypes that operators can deploy in live field trial environments. Phase two of the award-winning Ericsson 5G Radio Test Bed, Ericsson 5G Radio Prototypes are the first products designed to enable operators to conduct live field trials. Mobile operator in Japan, NTT DOCOMO, INC., is presently using the 5G Radio Test Bed and will receive prototypes for field trials.

As with past mobile generations, leading operators are keen to gain a first-mover advantage in 5G. 5G will impact the entire mobile network and associated eco-system, from devices to radio access, virtual evolved packet core (vEPC) and into the cloud. Operator differentiation will not be based on lab trials but on what they are able to achieve in live network environments. Smaller and more powerful, the prototypes build on insights gained from testing on Ericsson`s 5G Radio Test bed, together with operators, in both indoor and outdoor environments.

Seizo Onoe, EVP and CTO, NTT DOCOMO, says: “We are happy to take the next step toward testing in realistic network environment. Tokyo Olympics and Paralympics will be a great opportunity to propose many different use cases of 5G, which will be launched on 2020. We expect that this would lead to even further opportunities. Ericsson`s 5G Radio Prototypes will assist us to gain insights into the potential for 5G in our network environment and market, to open up new

Ericsson provides communications technology and services worldwide. The company’s Networks segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission networks, core networks, and cloud.

Finally, Shares of NXP Semiconductors NV (NASDAQ:NXPI), gained 5.19%, and is now trading at $82.58.

NXP Semiconductors, has declared that the company has received clearance on the projected transaction of the sale of its RF Power business to Jianguang Asset Manangement Co. Ltd (“JAC Capital”) from the Committee on Foreign Investment in the United States (CFIUS). The divesture of the RF Power business is a condition for NXP’s merger with Freescale Semiconductor.

NXP and JAC Capital are in the final stages of the regulatory approval process in respect of the acquisition by JAC Capital of NXP’s RF Power business, which is targeted to close on December 7, next.

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide.

 

Investor’s Alert on Stocks With Escalations – Digital Ally Inc. (NASDAQ:DGLY), Magnum Hunter Resources Corp. (NYSE:MHR), McDermott International Inc. (NYSE:MDR), Neonode, Inc. (NASDAQ:NEON)

Investor’s Alert on Stocks With Escalations – Digital Ally Inc. (NASDAQ:DGLY), Magnum Hunter Resources Corp. (NYSE:MHR), McDermott International Inc. (NYSE:MDR), Neonode, Inc. (NASDAQ:NEON)

On Tuesday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: Digital Ally Inc. (NASDAQ:DGLY), Magnum Hunter Resources Corp. (NYSE:MHR), McDermott International Inc. (NYSE:MDR), Neonode, Inc. (NASDAQ:NEON)

Digital Ally Inc. (NASDAQ:DGLY), with shares gained 11.77%, closed at $14.05.

Magnum Hunter Resources Corp. (NYSE:MHR), with shares jumped 10.53%, settled at $2.73.

McDermott International Inc. (NYSE:MDR), with shares climbed 9.36%, and closed at $3.74.

Neonode, Inc. (NASDAQ:NEON), surged 9.22%, and closed at $3.20.

Latest NEWS regarding these Stocks are depicted underneath:

Digital Ally Inc. (NASDAQ:DGLY)

Digital Ally Inc. (DGLY), declared that it has been awarded a patent (No. 8976339) from the U.S. Patent and Trademark Office (“USPTO”) for its latest LIDAR (Laser Detection and Ranging) speed enforcement technology.

The monitoring of vehicle speeds by law enforcement agencies is typically implemented by officers using various devices and systems, primarily Doppler RADAR or stationary LIDAR speed guns. Doppler RADAR transmits a continuous or near-continuous wave and measures the speed of vehicles by receiving the reflected signal using the Doppler principle. Typical Doppler RADARs can be operated from a stationary point or can be mounted in a law enforcement vehicle and operated while the vehicle is moving. Because the beam width is wide, RADAR speed guns do not have to be pointed accurately at the vehicle being measured. However, this feature is also a problem, because when there are multiple vehicles in the beam, the operator may not know which vehicle is being measured.

LIDAR uses a laser pulse and determines the vehicle speed by performing distance-time calculations based on the travel time of the reflected light pulse. Because a LIDAR gun uses a very narrow beam, it is highly selective of the vehicle being measured even when there are several vehicles in range, thereby providing evidence that is more difficult to challenge in court. However, because of the narrow beam, LIDAR speed guns have traditionally required stationary positioning, because there is too much motion for the beam to target a specific vehicle if the LIDAR is mounted in a moving law enforcement vehicle.

The newly-patented Digital Ally LIDAR technology allows moving law enforcement vehicles to accurately measure vehicle speeds by “sweeping” a beam across a field of view at varying heights to detect the speed of a plurality of objects, such as automobiles, at the same time. The technology allows the LIDAR gun to determine the position of multiple objects over time and calculate the speed of the objects based on a change in the position of the objects. This allows the law enforcement officer to precisely measure the speed of several vehicles at the same time and display the vehicles on a video monitor, with the speed “tagged” to each vehicle. The Corporation will evaluate various factors regarding the commercialization of the LIDAR technology in coming months.

Digital Ally, Inc. produces digital video imaging and storage products for use in law enforcement, security, and commercial applications in the United States and internationally. Its digital audio/video recording, storage, and other products comprise an in-car, digital audio/video system that is integrated into a rear view mirror designed for law enforcement vehicles and commercial fleets, such as ambulances and taxis; and all-weather-resistant and rugged mobile digital video recording systems designed for use in motorcycles, ATV’s, and boats.

Magnum Hunter Resources Corp. (NYSE:MHR)

Magnum Hunter Resources Corp. (MHR)’s stock rises in this week, following the rise in oil prices and weakening of U.S. dollar.

WTI crude oil for May delivery was up 0.8% to $46.93 a barrel early Monday afternoon, and Brent crude oil was up 0.6% to $55.67 a barrel.

According to Bloomberg, Oil prices were rising due to the declining strength of the U.S. dollar. The dollar dropped against 15 foreign currencies following the Federal Reserve’s comments last week. Oil is priced against U.S. dollars, so a weaker dollar makes the commodity more attractive to investors using other currencies.

Magnum Hunter Resources Corporation, an independent oil and gas corporation, explores for, exploits, attains, develops, and produces crude oil, natural gas, and natural gas liquid resources in the United States. The corporation operates through the U.S. Upstream, Midstream, and Oilfield Services segments.

McDermott International Inc. (NYSE:MDR)

David Dickson, President and Chief Executive Officer of McDermott International Inc. (MDR), presented at Howard Weil’s Energy Conference in New Orleans, Louisiana on March 24, 2015.

McDermott International, Inc. operates as an engineering, procurement, construction, and installation corporation worldwide. The corporation operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.

Neonode, Inc. (NASDAQ:NEON)

Last week, on Monday, Neonode, Inc. (NEON), declared further details related to the contract with Autoliv Development AB highlighted in Neonode’s recent fourth quarter and year ended December 31, 2014 financial results earnings release.

Through a joint development and co-operation contract, Neonode and Autoliv will develop a new Human Machine Interface (“HMI”) sensing product for vehicle steering wheel applications. Neonode will license its zForce DRIVE technology to Autoliv as part of the contract.

Autoliv will pay an initial $1,500,000 to Neonode under the contract with an additional $1,500,000 in three staggered payments subject to and after achievement of project milestones during a 12 months period.

As part of the contract, Neonode has agreed not to license its steering wheel technology zForce DRIVE to any other third party in the steering wheel market for a period of 24 months after Autoliv commences production.

Neonode Inc., together with its auxiliaries, develops and licenses user interfaces and optical infrared touch technology solutions. The corporation licenses its multi-touch technology to original equipment manufacturers and original design manufacturers who incorporate it into devices they produce and sell, counting laptop computers, all-in-one computers, stand-alone monitors, printer products, GPS devices, e-Readers, tablets, touch panels for automobiles, household appliances, mobile phones, wearable electronics, games, and toys.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




Latest Best Stocks on the Move- Netflix, (NASDAQ:NFLX), Applied Materials, (NASDAQ:AMAT), HP (NYSE:HPQ)

Latest Best Stocks on the Move- Netflix, (NASDAQ:NFLX), Applied Materials, (NASDAQ:AMAT), HP (NYSE:HPQ)

Latest Best Stocks on the Move- Netflix, (NASDAQ:NFLX), Applied Materials, (NASDAQ:AMAT), HP (NYSE:HPQ)

– in Business & Finance

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On Wednesday, Netflix, Inc. (NASDAQ:NFLX)’s shares declined -2.02% to $116.71.

Midnight, shmidnight. This year you can celebrate as a family and still have time for a parents-only party with a whole new set of New Year’s Eve countdowns on Netflix designed for preschoolers, tweens and everyone in between. Kids can pick their favorite character or ring in the New Year again and again with countdowns featuring Oona and Baba of Puffin Rock, Care Bears & Cousins, Inspector Gadget, the Project Mc2 girls, and all of their DreamOperates Animation friends counting King Julien and Mr. Peabody & Sherman.

According to new research from Netflix, more than half of parents around the world (58%) would jump at the chance to put their kids to bed before the clock strikes twelve on New Year’s Eve. With six on-demand countdown specials launching recently, you can make 10, 9, 8 or any time midnight. You choose when it’s time to say goodnight and the kids choose how to celebrate with their favorite characters:

  • Puffin Rock residents Oona and Baba re-live their adventures from the past year and celebrate with the Northern Lights, nature’s very own fireworks.
  • Care Bears & Cousins head to Share Bear’s Shake Shack to gear up for a belly badge-tastic countdown in Care-a-Lot.
  • Inspector Gadget saves New Year’s Eve from a mischievous M.A.D. agent just in the nick of time for a dazzling firework display.
  • King Julien lives up to his party animal persona with a countdown to dance your way into the New Year.
  • Mr. Peabody and Sherman venture around the world to gather their favorite talk show guests for a star-studded countdown event featuring Hiccup and Toothless, Puss in Boots, the Croods and the entire Dinotrux team.
  • Project Mc2 stars McKeyla, Adrienne, Bryden and Camryn team up for NOV8’s most important mission yet: Party!

While 97% of parents across the globe are spending New Year’s Eve as a family, how the celebration unfolds varies by region.

  • Parents in the US, UK, Canada and Australia agree 9 p.m. is the new midnight. Nearly half of parents in these countries say they’d countdown those famous 10 seconds by 9 p.m. (49%).
  • Parents down under can’t wait for bedtime. One-third of Aussie parents (34%) admit they’d hit the sack themselves after kissing the kids goodnight — long before midnight.
  • Italian and French parents are getting cozy with their noteworthy others after lights out.Parents in both countries most look forward to spending time with their other half after putting the kids to sleep (51% and 43%, respectively).
  • Parents love a good party in Spain and Mexico. 50% of parents in both countries can’t wait to kick off the parents-only party after tucking in their little ones.
  • American parents aren’t afraid to play trickster. 41% of US parents have or plan to use a special New Year’s Eve countdown as a way to get their kids to bed early.

Netflix, Inc., an Internet television network, engages in the Internet delivery of TV shows and movies directly on TVs, computers, and mobile devices in the United States and internationally.

Applied Materials, Inc. (NASDAQ:AMAT)’s shares dropped -1.56% to $18.96. With its recent share price change, AMAT market value has reached roughly $22.13 billion. Its most recent quarter balance sheet showed the company is standing at a 2.40 current ratio and possess -0.60 as debt to equity ratio. The company has a Profit Margin (ttm) of 14.30% and has 40.90% gross margins. The operating profit margin is 17.50%. The stock’s performance in 1 month is 1.01% and its volatility for the same period is 2.08%.

Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, display, solar photovoltaic (PV), and related industries worldwide. It operates through four segments: Silicon Systems, Applied Global Services, Display, and Energy and Environmental Solutions.

HP Inc (NYSE:HPQ)‘s shares dipped -0.17% to $11.84. The last trading range of HP Inc(NYSE:HPQ) ranges between $11.81 and $11.96. The EPS of the company stands at $2.48. The 52-week range shows that the stock reached higher at $14.82 while its lower range is $11.02 in the last 52-weeks. The average volume of the company is at 22.37 million with the Outstanding Shares of 1.79 billion. The market capitalization of the company is $21.25 billion. The Beta of the company stands at 1.50 with the RSI (Relative Strength Index) of 47.27.

Helmerich & Payne, Inc. engages in the contract drilling of oil and gas wells. It provides drilling rigs, equipment, personnel, and camps on a contract basis to explore for and develop oil and gas from onshore areas and from fixed platforms, tension-leg platforms, and spars in offshore areas.

Current Trade News Analysis on: Alcatel Lucent (NYSE:ALU), XOMA (NASDAQ:XOMA), TE Connectivity (NYSE:TEL), Columbia Pipeline Group (NYSE:CPGX)

Current Trade News Analysis on: Alcatel Lucent (NYSE:ALU), XOMA (NASDAQ:XOMA), TE Connectivity (NYSE:TEL), Columbia Pipeline Group (NYSE:CPGX)

During Wednesday’s Current trade, Shares of Alcatel Lucent SA (ADR) (NYSE:ALU), gain 0.55% to $3.68.

Alcatel-Lucent (ALU) and China Mobile, the world’s largest mobile communications service provider, have conducted the industry’s first field trial of a virtualized radio access network-based architecture based on network functions virtualization (NFV) technology.

The trial – carried out at Beijing’s Tisinghua University – demonstrated the flexibility, scalability, cost and energy-efficiency of Alcatel-Lucent’s vRAN and NFV technologies for meeting the dynamically changing demands for access from an ever increasing number of applications and devices, people and machines. This is also an important step in the path towards 5G networks.

It is predictable that the Internet of Things and millions of people connecting to the Internet for the first time will place huge demands on mobile networks over the coming years, with data traffic predicted to enhance almost tenfold between 2014 and 2019[i]. To manage this enhance, China Mobile is preparing for the evolution to 5G, which promises greater network convergence, better spectral efficiency, support for more users, higher data rates and a more comprising user experience.

Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.

Shares of XOMA Corp (NASDAQ:XOMA), inclined 2.09% to $0.796, during its current trading session.

XOMA Corp (XOMA) declared XOMA 358, a fully human allosteric monoclonal antibody that reduces both the binding of insulin to its receptor and downstream insulin signaling, has been granted Orphan Drug Designation by the U.S. Food and Drug Administration (FDA) for the treatment of congenital hyperinsulinism (HI).

Orphan drug designation is granted by the FDA Office of Orphan Products Development (OOPD) to novel drugs or biologics that treat a rare disease or condition affecting fewer than 200,000 patients in the United States. The designation provides the drug developer with a seven-year period of U.S. marketing exclusivity, in addition to tax credits for clinical research costs, the ability to apply for annual grant funding, clinical research trial design assistance, and waiver of Prescription Drug User Fee Act (PDUFA) filing fees. The OOPD also works on rare disease issues with the medical and research communities, professional organizations, academia, governmental agencies, industry, and rare disease patient groups.

XOMA Corporation discovers and develops antibody-based therapeutics in the United States, Europe, and the Asia Pacific. The company’s lead product candidate comprises gevokizumab, a proprietary humanized allosteric-modulating monoclonal antibody that binds to the inflammatory cytokine interleukin-1 beta, which is in Phase III clinical trial for NIU and Behçet’s disease uveitis, pyoderma gangrenosum, active non-infectious anterior scleritis, autoimmune inner ear disease, and cardiovascular diseases, in addition to diseases under the neutrophilic dermatoses designation, Schnitzler syndrome, and other diseases; and various proof-of-concept studies comprising polymyositis/dermatomyositis, Schnitzler syndrome, and giant cell arteritis.

TE Connectivity Ltd (NYSE:TEL), during its Wednesday’s current trading session gained 1.15% to $61.72.

TE Connectivity world leader in connectivity, declared the QRapid fiber panel, a new version of its Rapid Fiber panel that incorporates Quareo physical layer administration technology comprising connection point identification (CPID) for real-time visibility to network add-ons, moves and changes. This new panel improves speed and efficiency in central office fiber deployments while slashing deployment costs.

The QRapid fiber panel is a 1RU 48-port or 3RU 144-port rack-mountable fiber distribution panel that incorporates TE’s RapidReel fiber cable spool and contains electronics that enable it to function as part of TE’s Quareo physical layer administration system. The functionality of the QRapid fiber panel provides a user with the ability to know in real time whether each front port of the panel is connected, and to what other equipment and port it is connected.

The QRapid fiber panel delivers several key benefits:

  • Physical Layer Administration: Expands options for central office and data center network architects who want to gain an accurate, real-time view of the physical network.
  • Cost Savings: RapidReel cable spools reduce upfront deployment costs by simplifying site survey inspections, reducing labor hours and streamlining cable deployment.
  • Faster Deployment: The pre-connectorized, plug-and-play solution eliminates splice labor requirements and speeds network construction.
  • Easy Access: The panel’s technician-friendly, front-facing interface ensures trouble-free maintenance and fast service turn-ups.

TE Connectivity Ltd., together with its auxiliaries, designs and manufactures connectivity and sensors solutions. It operates through four segments: Transportation Solutions, Industrial Solutions, Network Solutions, and Consumer Solutions. The Transportation Solutions segment offers electronic components, counting terminals and connectors, relays, and sensors, in addition to application tooling, wire and heat shrink tubing, and other custom-engineered solutions for the automotive market, such as industrial and commercial vehicle, and hybrid and electric vehicle markets.

Finally, Columbia Pipeline Group Inc (NYSE:CPGX), gained 2.45%, to $28.88.

The Board of Directors of Columbia Pipeline Group, Inc. (CPGX) approved a quarterly dividend payment of 12.5 cents per share, payable August 20, 2015, to common stockholders of record at the close of business July 31, 2015.

Columbia Pipeline Group, Inc., together with its auxiliaries, owns, operates, and develops a portfolio of pipelines, storage, and related midstream assets. It owns about 15,000 miles of interstate gas pipelines from New York to the Gulf of Mexico; and natural gas storage systems with about 300 million dekatherms (MMDth) of working gas capacity, in addition to related gathering and processing assets.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.