On Tuesday, in the course of current trade, Shares of Manulife Financial Corporation (USA) (NYSE:MFC), climbed 0.36%, and is now trading at $19.27.
Manulife Financial Corporation, declared that it has designated Claude Chene as Global Head of Distribution, effective July 1, 2015. Based in London, England, Mr. Chene will report to Kai Sotorp, President and CEO of Manulife Asset Administration and Global Head of Wealth and Asset Administration for Manulife.
In this position, a new role for the organization, Mr. Chene will join the firm’s Executive Committee, and be responsible for creating the distribution vision and strategy, in addition to overseeing sales and relationship administration activity for Manulife Asset Administration on a global basis.
Manulife Financial Corporation, together with its auxiliaries, provides financial protection and wealth administration products and services to individual, corporate, and business customers primarily in Asia, Canada, and the United States.
During an Afternoon trade, Shares of Agenus Inc (NASDAQ:AGEN), climbed 0.58%, and is now trading at $9.73.
Agenus, declared that Merck, known as MSD outside the United States and Canada, through a partner, has extended its collaborative research term under its existing partnership and license agreement with Agenus, for the discovery and development of therapeutic antibodies to Merck proprietary immune checkpoints for the treatment of cancer.
Under the terms of the original agreement, Agenus will discover and optimize fully human antibodies against two unrevealed Merck checkpoint targets using the Retrocyte Display platform. Merck will be responsible for the further development and commercialization of candidates generated under the collaboration. The discovery phase has been extended to April 2016. As formerly revealed, under the terms of the agreement, Agenus is eligible to receive about $100 million in milestone payments in addition to royalties on worldwide product sales.
Agenus Inc., an immunotherapy company, engages in discovering and developing innovative treatments for patients with cancer and other diseases. Its treatments focus on providing therapeutic benefit through modulation of immune function.
Shares of MFA Financial, Inc. (NYSE:MFA), during its Tuesday’s current trading session fell -0.13%, and is now trading at $7.72.
MFA Financial, declared that its Board of Directors declared a regular quarterly cash dividend of $0.20 per share of common stock for the second quarter of 2015. The dividend will be paid on July 31, 2015, to stockholders of record on June 29, 2015.
MFA is a real estate investment trust primarily engaged in the business of investing, on a leveraged basis, in residential mortgage assets, counting residential mortgage-backed securities and residential whole loans.
MFA Financial, Inc., a real estate investment trust (REIT), invests in residential agency and non-agency mortgage-backed securities (MBS), and residential whole loans in the United States (the U.S.). Its MBS are secured by hybrid mortgages, adjustable-rate mortgages, and 15-year and longer term fixed-rate mortgages, in addition to by mortgages that have interest rates that reset more frequently.
Finally, Trinity Industries Inc (NYSE:TRN), lost -2.97% Tuesday.
Trinity Industries, declared that Jared Richardson has been named Vice President and General Counsel of TrinityRail, that Jack Todd has been promoted to Vice President, Public Affairs, and that Bryan P. Stevenson has joined the Company as its Associate General Counsel and Secretary.
Mr. Todd joined Trinity in 2006, initially serving as Director of Public Affairs for the Construction, Energy, Marine and Components Group. Since 2009, Mr. Todd has held several leadership positions at Trinity overseeing competitive analysis, community relations, public affairs, government relations and external media relations. Preceding to joining Trinity, Mr. Todd had a distinguished 20-year career in the U.S. Navy retiring as a Lieutenant Commander. Mr. Todd earned an undergraduate degree in History from Texas A&M University, and a Master of Arts in Journalism from the American University in Washington DC.
Trinity Industries, provides various products and services for the energy, transportation, chemical, and construction sectors in the United States and internationally. Its Rail Group segment offers railcars, counting autorack, box, covered hopper, gondola, intermodal, tank, and open hopper cars; and couplers, axles, and other equipment, in addition to railcar maintenance services.
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.
