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Friday 14 August 2015
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Active Stocks News Review: Allegheny Technologies, (NYSE:ATI), Merck & Co., (NYSE:MRK), QEP Resources, (NYSE:QEP)

On Wednesday, Shares of Allegheny Technologies Inc. (NYSE:ATI), lost -0.26% to $30.12.

Allegheny Technologies Incorporated, declared that ATI and the United Steelworkers (USW) are ongoing to operate under the terms and conditions of the collective bargaining agreements that expired at 11:59 PM on June 30, 2015.

ATI remains hopeful that progress can be made toward new agreements, but noteworthy issues need to be resolved. ATI continues to work in good faith with the USW toward new and fair agreements.

Allegheny Technologies Incorporated produces and sells specialty materials and components worldwide. The company operates through two segments, High Performance Materials and Components; and Flat-Rolled Products.

Shares of Merck & Co. Inc. (NYSE:MRK), inclined 1.18% to $57.60, during its last trading session.

Merck & Co., known as MSD outside the United States and Canada, declared results from a Phase 3 study investigating the safety and efficacy of single-dose EMEND® (fosaprepitant dimeglumine) for Injection, Merck’s substance P/neurokinin (NK-1) receptor antagonist, in combination with other anti-vomiting medicines, for the prevention of chemotherapy-induced nausea and vomiting (CINV) in adult cancer patients receiving moderately emetogenic (vomit-inducing) chemotherapy (MEC). In the study, the first to evaluate an intravenous NK-1 receptor antagonist for the prevention of CINV associated with MEC, the single-dose EMEND for Injection regimen offered greater protection from nausea and vomiting following administration of chemotherapy as compared to an active control of placebo with other anti-vomiting medicines. These data were presented in an oral session at the Multinational Association of Supportive Care in Cancer/International Society of Oral Oncology (MASCC/ISOO) Annual Meeting on Supportive Care in Cancer (Abstract #27-02-O) in Copenhagen (June 25-27, 2015).

“The results from this important Phase 3 trial are very encouraging as they are the first study to evaluate EMEND for Injection in a combination regimen for the prevention of chemotherapy-induced nausea and vomiting in patients receiving moderately emetogenic chemotherapy – and show the potential to use a single day antiemetic regimen,” said Dr. Bernardo L. Rapoport, principal investigator for the study and chief medical oncologist, Medical Oncology Centre of Rosebank, Johannesburg, South Africa.

EMEND for Injection, a substance P/Neurokinin-1 (NK1) receptor antagonist approved for use in combination with other antiemetic agents, is indicated in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of highly emetogenic cancer (HEC) chemotherapy, counting high-dose cisplatin; and for prevention of nausea and vomiting associated with initial and repeat courses of MEC. EMEND has not been studied for treatment of established nausea and vomiting. Chronic continuous administration of EMEND is not recommended.

Merck & Co., Inc. provides health care solutions worldwide. The company offer therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases.

Finally, QEP Resources, Inc. (NYSE:QEP), ended its last trade with -2.76% loss, and closed at $18, hitting its lowest level.

QEP Resources, declared that it will host a teleconference and webcast to talk about its second quarter 2015 results starting at 9:00 a.m. EDT (7:00 a.m. MDT) on Tuesday, August 4, 2015. QEP will issue a combined second quarter financial and operational results news release Monday, August 3, 2015 after market close.

QEP Resources, Inc., through its auxiliaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado.

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