On Thursday, Shares of PTC Therapeutics, Inc. (NASDAQ:PTCT), gained 4.11% to $35.94.
PTC Therapeutics, declared five recipients of its first-ever global awards program, the STRIVE Awards (Strategies to Realize Innovation, Vision and Empowerment), designed to aid nonprofit organizations that are committed to serving the Duchenne muscular dystrophy (DMD) community. The declarement is made as the global DMD community prepares for the international World Duchenne Awareness Day on Monday, September 7, 2015.
PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of orally administered, small molecule drugs that target post-transcriptional control processes.
Shares of Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA), inclined 2.08% to $168.14, during its last trading session.
Ulta Beauty, declared that George Mrkonic, Non-Executive Chairman of Paperchase Products Limited, a UK-based retailer of stationery, greeting cards, gifts, and arts and craft materials, designated to its Board of Directors effective September 15, 2015. Mr. Mrkonic also served as a member of the Company’s audit committee.
Mr. Mrkonic joins the Ulta Beauty board with more than 30 years of experience in the retail industry. He has been a director of Paperchase since 1999, and became the Non-Executive Chairman in 2005. He began his retail career in 1978 and has led several retail companies counting Herman’s Sporting Goods, Inc., Eyelab, Inc., Kmart Specialty Retailing Group and Borders Group, Inc.
Mr. Mrkonic presently serves as a member of the Board of Directors of Brinker International since 2003, AutoZone, Inc. since 2006, and Syntel, Inc. since 2009. He is a member of the Board of Directors of Gordon Brothers Group, a global advisory and investment firm, and is Advisor to Lead Edge Capital, a private equity tech investor.
Ulta Salon, Cosmetics & Fragrance, Inc. operates as a specialty retailer in the United States. The company’s stores provide cosmetics, fragrance, haircare, skincare, bath and body products, and salon styling tools.
At the end of Thursday’s trade, Shares of Investment Technology Group (NYSE:ITG), gained 0.22% to $13.53.
Investment Technology Group, declared this week the appointment of Nick Johnston as Managing Director, European Head of Sales Trading. He will lead ITG’s European high-touch business. Sales trading at ITG is part of a global high-touch agency trading service, which also comprises Portfolio/Index Trading and ETF Trading.
Based in London, Mr. Johnston will report to Managing Director and Chief Executive Officer of ITG Europe, Rob Boardman. He joins ITG from Barclays Capital where he held the position of Head of European Sales Trading and has formerly served in similar roles at both JP Morgan and Lehman Brothers.
Investment Technology Group, Inc. operates as an independent execution and research broker in the United States, Canada, Europe, and the Asia Pacific regions. It offers trade execution services and solutions for portfolio administration, investment research, pre-trade analytics, and post-trade analytics and processing.
Finally, First Industrial Realty Trust, Inc. (NYSE:FR), ended its last trade with 1.39% gain, and closed at $20.42.
First Industrial Realty Trust, declared the closing of a new $260 million unsecured term loan with a seven-year term. The loan features interest-only payments and initially bears an interest rate of LIBOR plus 160 basis points. The rate is subject to adjustment based on the Company’s leverage or credit ratings.
The Company also reached interest rate swap agreements to effectively convert the loan’s rate to a fixed interest rate of about 3.39% per annum based on the loan’s current credit spread. The Company plans to initially use the proceeds to repay amounts outstanding under its unsecured credit facility and for other general business purposes.
Wells Fargo Securities, LLC, PNC Capital Markets LLC, Regions Capital Markets and U.S. Bank National Association served as joint-lead arrangers and joint book runners for the term loan. In addition, Wells Fargo Bank, National Association acted as the Administrative Agent. PNC Bank, National Association, Regions Bank and U.S. Bank National Association served as Co-Syndication Agents. Associated Bank and Fifth Third Bank also take partd in the loan.
First Industrial Realty Trust Inc. is a real estate investment trust. The firm invests in the real estate markets of the United States. It makes investments in industrial properties. The firm owns, manages, acquires, sells, develops, and redevelops industrial real estate.
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