During Wednesday’s Current trade, Shares of Catalyst Pharmaceuticals Inc (NASDAQ:CPRX), lost -0.74% to $4.00.
Catalyst Pharmaceuticals, Inc. (CPRX), a biopharmaceutical company focused on developing and commercializing innovative therapies for people with rare debilitating diseases, stated financial results for the second quarter and six months ended June 30, 2015.
Q2 and Recent Highlights:
- Development and advancement of comprehensive commercialization and pre-launch plan
- Presented at the annual meeting of the American Academy of Neurology (AAN) in Philadelphia, PA
- Declared top-line results in proof-of-concept trial of Vigabatrin in patients with treatment-refractory Tourette’s Disorder
- Joined Russell 2000®, 3000® and Global Indexes
- Designated Dr. Gary Ingenito as Chief Medical Officer
- Initiated rolling NDA submission for Firdapse® for the treatment of LEMS
Catalyst Pharmaceuticals, Inc., a development-stage biopharmaceutical company, focuses on the development and commercialization of prescription drugs targeting rare (orphan) neurological diseases and disorders. The company offers Firdapse, a proprietary form of amifampridine phosphate, which is in Phase III clinical trial for the treatment of Lambert-Eaton Myasthenic Syndrome.
Shares of Green Plains Inc (NASDAQ:GPRE), inclined 1.56% to $20.82, during its current trading session.
Green Plains Inc. (GPRE) declared its financial results for the second quarter of 2015. Net income for the quarter was $7.8 million, or $0.19 per diluted share, contrast to net income of $32.3 million, or $0.82 per diluted share, for the same period in 2014. Revenues were $744.5 million for the second quarter of 2015 contrast to $837.9 million for the same period in 2014.
During the second quarter, Green Plains’ ethanol production totaled 238.7 million gallons, or about 93.9% of its daily average production capacity. Non-ethanol operating income from the corn oil production, agribusiness, and marketing and distribution segments was $16.4 million in the second quarter of 2015 contrast to $16.5 million for the same period in 2014.
Revenues were $1.5 billion for the six-month period ended June 30, 2015 contrast to $1.6 billion for the same period of 2014. Net income for the six-month period ended June 30, 2015 was $4.5 million, or $0.11 per diluted share, contrast to net income of $75.5 million, or $1.88 per diluted share, for the same period in 2014.
Green Plains Inc. produces, markets, and distributes ethanol in the United States. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet, or dried distillers grains, in addition to extracts non-edible corn oil that is used as feedstock for biodiesel, livestock feed additives, rubber substitutes, rust preventatives, inks, textiles, soaps, and insecticides.
PPG Industries, Inc. (NYSE:PPG), during its Wednesday’s current trading session decreased -0.76% to $103.62.
The PPG Industries Foundation has donated $103,000 to the University of Pittsburgh (Pitt) for programs in its engineering school and chemistry department. The funding supports PPG Summer Undergraduate Research Fellows in the Swanson School of Engineering, two PPG Industries Foundation Graduate Fellows in Civil and Environmental Engineering, and the annual undergraduate chemistry laboratory poster session.
The Department of Civil and Environmental Engineering at Pitt also received $50,000 to fund two PPG Industries Foundation Graduate Fellows for one year. Fellow Xiao ‘Sean’ Ma, in the lab of Assistant Professor Kyle Bibby, has been working on drinking-water treatment and biofilm growth on antifouling coatings. Fellow Omkar Lokare, who is working with Radisav Vidic, the William Kepler Whiteford Professor and Chair of Civil and Environmental Engineering, is evaluating the potential of membrane distillation for treatment of produced water from unconventional gas industry. In addition to funding the PPG Industries Foundation Graduate Fellows’ research efforts, the grant funds opportunities for the students to visit off-campus laboratories, seeing different intellectual and research environments and enhancing university-industry collaborations.
PPG Industries, Inc. manufactures and distributes coatings, specialty materials, and glass products. The company’s Performance Coatings segment provides coatings products for automotive and commercial transport/fleet repair and refurbishing; light industrial and specialty coatings for signs; sealants, coatings, maintenance cleaners, and transparencies for commercial, military, regional jet and general aviation aircraft, and transparent armor for specialty applications; and chemical administration services.
Finally, Fortune Brands Home & Security Inc (NYSE:FBHS), decreased -0.68%, to $49.35.
Fortune Brands Home & Security, Inc. (FBHS), an industry-leading home and security products company, declared second quarter 2015 results from ongoing operations and updated its 2015 annual outlook for earnings per share.
Second Quarter 2015
For the second quarter of 2015, sales were $1.17 billion, an enhance of 13 percent over the second quarter of 2014. Earnings per share were $0.48, contrast to $0.51 in the preceding-year quarter. EPS before charges/gains were $0.59, contrast to $0.51 the same quarter last year. Operating income was $128.2 million, contrast to $125.5 million in the preceding-year quarter. Operating income before charges/gains was $150.5 million, contrast to $125.6 million the same quarter last year.
For each segment in the second quarter of 2015, contrast to the preceding-year quarter:
- Cabinet sales raised 18 percent to the preceding year. Not taking into account the impact of the Norcraft acquisition, sales raised 8 percent, with the dealer channel growing 10 percent and in-stock cabinet and vanities increasing high teens.
- Plumbing sales raised 5 percent, with growth across the U.S. wholesale and retail channels, offset somewhat by the impact of Canadian currency and slower China sales.
- Door sales were up 6 percent with growth in both the wholesale and retail channels.
- Security sales raised 28 percent driven by the SentrySafe acquisition.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, in addition to vanities for the kitchen, bath, and other parts of the home under various brand names, counting Aristokraft, Kitchen Craft, Kitchen Classics, Omega, Schrock, Homecrest, Decorá, Diamond, St. Paul, Kemper, Thomasville, and Martha Stewart Living in North America.
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