On Monday, Shares of Macro cure Ltd (NASDAQ:MCUR), lost -16.80% to $2.03.
Macrocure Ltd., declared that as the Company continues to explore potential planned alternatives, Tomer Kariv, a current Director on the Company’s Board and CEO & Founder of Pontifax, will become Chairman of the Board replacing David Ben-Ami, current Chairman of the Company’s Board of Directors, who will remain a member of Macrocure’s Board of Directors. Mark Page, Chief Financial Officer, will be stepping down from his position at Macrocure by February 2016 to pursue other opportunities. Shai Lankry, current VP Finance and former CFO of Macrocure, will be assuming Mark’s responsibilities. Dr. Michael Molyneaux, Chief Medical Officer, will also step down from his position in December.
Nissim Machiach, President & Chief Executive Officer said, “On behalf of the Board, we would like to profoundly thank David, Mark and Mike for their leadership and contributions to Macrocure. Finally, we are grateful to Tomer for assuming the Chairman role and to David for his ongoing Board participation while the Company continues to explore potential planned alternatives. The Company is in process of selecting and appointing an outside advisory firm to assist with this review.”
Macrocure Ltd., a biotechnology company, focuses on developing, manufacturing, and commercializing novel cell therapy products for the treatment of chronic and other hard-to-heal wounds in Israel.
Shares of McDermott International (NYSE:MDR), inclined 3.02% to $4.43, during its last trading session.
McDermott International, declared that Scott Munro, McDermott’s Vice President, Americas, Europe and Africa, is planned to present at the Cowen and Company 5th Ultimate Energy Conference in New York City on Tuesday, December 1, 2015 at 12:15 p.m. Central time/1:15 p.m. Eastern time.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East.
Finally, Shares of Apollo Education Group Inc (NASDAQ:APOL), ended its last trade with 2.17% loss, and closed at $7.06.
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices:
- CSRA Inc. (NYSE:CSRA) will be added to the S&P 500 after the close of trading on Friday, November 27, replacing Computer Sciences Corp. (CSC), which will be removed from the S&P 500 after the close of trading on Monday, November 30. CSRA will be added to the S&P 500 on a zero price basis reflecting its spin-off from Computer Sciences. Following the spin-off, the Computer Sciences stub will replace Apollo Education Group Inc. (APOL) in the S&P MidCap 400. Computer Sciences’ post spin market capitalization will be more representative of the mid-cap market space. Apollo Education is ranked at the bottom of the S&P MidCap 400.
- Phibro Animal Health Corp. (PAHC) will replace Pericom Semiconductor Corp. (PSEM) in the S&P SmallCap 600 after the close of trading on Wednesday, November 25. S&P SmallCap 600 constituent Diodes Inc. (DIOD) is acquiring Pericom Semiconductor in a deal predictable to be accomplished soon pending final conditions.
CSRA provides information technology services to the U.S. federal government. Headquartered in Falls Church, VA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Data Processing & Outsourced Services Sub-Industry index for one day before switching to IT Consulting & Outsourced Services Sub-Industry.
Computer Sciences provides information technology and professional services and solutions. Headquartered in Falls Church, VA, the company will be added to the S&P MidCap 400 IT Consulting & Outsourced Services Sub-Industry index.
Apollo Education Group, Inc. provides private education services in the United States and internationally. The company offers online and on-campus undergraduate, graduate, certificate, and non-degree educational programs and services to working learners. It operates through University of Phoenix, Apollo Global, and Other segments.