On Monday, Umpqua Holdings Corporation (NASDAQ:UMPQ)’s shares surged 1.25% to $17.45, as Umpqua Holdings declared that it will host its first quarter 2015 earnings conference call on Thursday, April 16, 2015, at 10:00 a.m. PST (1:00 p.m. EST). During the call, the Company will provide an update on recent activities and talk about its first quarter 2015 financial results, which are predictable to be released after the market closes on April 15, 2015. There will be a live question-and-answer session following the presentation.
Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through two segments, Community Banking and Home Lending. The Community Banking segment provides loan and deposit products to business and retail customers. The Home Lending segment originates, sells, and services residential mortgage loans.
Hewlett-Packard Company (NYSE:HPQ)’s shares gained 1.84% to $32.70, during the last trading session on Monday, after Hewlett-Packard introduced technology advancements designed to assist artists, creatives and developers more quickly and efficiently bring designs and products to life.
The new products:
- HP Z Turbo Drive G2: Super-charged storage solution featuring the world’s first PC/workstation PCIe NVMe SSDs to process large data sets ultra-fast.
- HP OMEN Pro Mobile Workstation: Stylish and light, full-performance mobile workstation for product development, architecture, engineering & construction and media & entertainment applications.
- HP DreamColor Z32x Display: Color-accurate 31.5-inch diagonal, 4K, 8-million pixel display.
- HP Ultra-Narrow Bezel Z27n, Z25n, Z24n, Z24nf and Z24nq Displays: Striking, borderless displays that are factory color-calibrated and provide flexible connectivity for a seamless multi-display setup.
Hewlett-Packard Company, together with its auxiliaries, provides products, technologies, software, solutions, and services to individual consumers and small- and medium-sized businesses (SMBs), in addition to to the government, health, and education sectors worldwide.
At the end of Monday’s trade, Opko Health, Inc. (NYSE:OPK)’s shares gained 1.75% to $14.50, as news of billionaire Bio-Pharma Investor Dr. Phillip Frost, M.D., and his company OPKO Health (OPK) have taken a strong interest in the clinical stage cancer immunotherapy company — a $12 million interest. Dr. Frost is the CEO and Chairman of the Board at OPKO Health, and for those familiar with the good doctor, you already know that he and OPKO have a strong record of investing in biopharmaceutical firms.
This week MabVax declared that it closed a private placement with both Dr. Frost and OPKO that netted the company almost $12 million in gross proceeds, and according to the San Diego-based firm, this financing will provide the funds necessary to advance its pipeline of clinical products and to pursue additional preclinical research programs in its pipeline.
First and foremost, MabVax will use part of the funds later this year to initiate Phase 1 human clinical trials for its HuMab 5B1 antibody and to further advance other novel human antibodies. The HuMab 5B1 antibody is being developed by MabVax as both a diagnostic and therapeutic product that targets pancreatic and colon cancer.
OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States and internationally. It operates through two segments, Pharmaceuticals and Diagnostics.
Finally, Abraxas Petroleum Corp. (NASDAQ:AXAS), ended its Monday’s trading session with 1.75% gain, and closed at $3.48, as an independent energy company, will host its first quarter 2015 earnings conference call on Thursday, May 7, 2015 at 10 AM Central Time (11 AM Eastern Time). Abraxas plans to declare first quarter 2015 operating and financial results preceding to the call.
Abraxas Petroleum Corporation, an independent energy company, engages in the attainment, exploitation, development, and production of oil and gas properties in the United States. The company operates oil and gas assets in the Rocky Mountain, Permian Basin, and onshore Gulf Coast regions.
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