On Thursday, Shares of ISIS Pharmaceuticals, Inc. (NASDAQ:ISIS), lost -1.80% to $ 56.13.
ISIS Pharmaceuticals, declared that it has been added to the Russell 1000 Index, effective June 26, 2015. The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. It is a subset of the Russell 3000 Index and comprises about 1000 of the largest securities based on a combination of their market cap and current index membership.
“We are happy to be added to this important index, which assists to raise awareness of our company even more broadly among investors,” said B. Lynne Parshall, chief operating officer at Isis Pharmaceuticals. “Our promotion to the Russell 1000 index is a reflection of the substantial growth in Isis’ valuation, the positive results achieved with our pipeline of antisense drugs and the success of our business strategy.”
Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. The Russell 1000 Index is constructed to provide a comprehensive and unbiased barometer for the large-cap segment. The Russell 1000 represents about 92% of the U.S. market. All Russell indices are reconstituted on an annual basis to ensure new and growing equities are reflected accurately in each index.
Isis Pharmaceuticals, Inc. engages in the discovery and development of antisense drugs using novel drug discovery platform. The companys flagship product comprises the KYNAMRO injection, which is an apo-B synthesis inhibitor for patients with homozygous familial hypercholesterolemia; and for the reduction of low-density lipoprotein cholesterol. It also has a pipeline of 38 drugs in development for the treatment of various diseases, counting cardiovascular and metabolic diseases; severe and rare diseases, which comprise neurological disorders; and cancer.
Shares of Brandywine Realty Trust (NYSE:BDN), inclined 0.37% to $13.41, during its last trading session.
Brandywine Realty Trust, declared a quarterly cash dividend of $0.15 per common share, payable on July 20, 2015 to holders of record on July 6, 2015. The Board of Trustees also declared a quarterly dividend of $0.43125 for each 6.90% Series E Cumulative Redeemable Preferred Share, payable on July 15, 2015 to holders of record on June 30, 2015.
As formerly declared, we will release our second quarter earnings after the market close on Wednesday, July 22, 2015, and will hold our second quarter conference call on Thursday, July 23, 2015, at 9:00 a.m. EDT. The conference call can be accessed by dialing 1-800-683-1525 and providing conference ID: 41177682. Startning two hours after the conference call, a taped replay of the call can be accessed through Thursday, August 6, 2015, by calling 1-855-859-2056 and entering access code 41177682.
Brandywine Realty Trust is a publically owned real estate investment trust. The firm invests in real estate markets of the United States. It makes investments in office, mixed-use, and industrial properties. Brandywine Realty Trust was founded in 1985 and is based in Radnor, Pennsylvania with additional offices in Mount Laurel, New Jersey; Richmond, Virginia; Dallas, Texas; Falls Church, Virginia; Oakland, California; Austin, Texas, and Carlsbad, California.
At the end of Thursday’s trade, Shares of Las Vegas Sands Corp. (NYSE:LVS), lost -0.66% to $ 53.82.
Las Vegas Sands Corp. is happy to provide an update at various projects underlying the Company’s streams and royalties.
Sandstorm Gold Ltd., a resource-based company, focuses on acquiring gold and other precious metal purchase agreements and royalties from companies that have advanced stage development projects or operating mines.
Finally, MRC Global Inc (NYSE:MRC), ended its last trade with 0.73% gain, and close at $ 15.14.
MRC Global, declared that its partner, MRC Transmark Middle East FZE, has signed a framework agreement with Saudi Basic Industries Corporation (SABIC), naming MRC Transmark Middle East as one of SABIC’s primary valve suppliers to SABIC’s operations in Saudi Arabia.
SABIC, headquartered in Riyadh, Saudi Arabia, ranks among the world’s top petrochemical companies. It operates from more than 50 countries and has more than 60 manufacturing and compounding plants across the Middle East, Asia, Europe and the Americas.
MRC Global Inc., through its auxiliaries, distributes pipes, valves, fittings, and related products and services to the energy and industrial sectors in the Unites States, Canada, and internationally.
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