During Friday’s current trade, New York Mortgage Trust Inc (NASDAQ:NYMT)’s shares incline 0.76% to $7.93.
New York Mortgage Trust Inc (NYMT) declared that its Board of Directors declared a regular quarterly cash dividend of $0.27 per share on shares of its common stock for the quarter ending June 30, 2015. The dividend will be payable on July 27, 2015 to common stockholders of record as of June 29, 2015.
New York Mortgage Trust, Inc., a real estate investment trust (REIT), engages in acquiring, investing in, financing, and managing mortgage-related and financial assets in the United States. It primarily invests in residential mortgage-backed securities comprising adjustable-rate, hybrid adjustable-rate, fixed-rate, interest only and inverse interest only, and principal only mortgage-backed securities; multifamily commercial mortgage-backed securities; and residential mortgage loans, counting loans sourced from distressed markets.
Gannett Co., Inc. (NYSE:GCI)‘s shares drop -0.07% to $37.29, during the current trading session Friday’s, hitting its highest level.
Gannett Co., Inc. (GCI) declared Cam McClelland has been named vice president and controller. McClelland has been Gannett’s acting controller since late 2014. He joined the company in 2007 as director of consolidation and subsequently served as assistant controller from 2011 to 2014.
Prior to joining Gannett, Cam spent three years at Lafarge North America, Inc., a Fortune 500 construction materials company, as vice president of financial reporting and compliance. He oversaw Lafarge’s SEC reporting function in addition to the corporate and consolidation accounting operations. McClelland also spent 10 years with US Airways Group in a variety of roles, counting managing director of corporate accounting. He began his career over 20 years ago in public accounting as an auditor.
Cam earned a Bachelor of Science in Accounting from the University of Florida and a Master of Science in Accounting from the University of Virginia. Cam is a CPA, licensed in Virginia, and a member of the American Institute of Certified Public Accountants. Cam lives with his wife and their two children in Oak Hill, Virginia.
Gannett Co., Inc. operates as a media and marketing solutions company. It operates through three segments: Broadcasting, Publishing, and Digital. The Broadcasting segment owns and operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites. The Publishing segment comprises 100 daily publications and digital platforms, counting about 400 non-daily publications in the United States and 125 such titles in the United Kingdom.
In a mid-morning trade, Axis Capital Holdings Limited (NYSE:AXS)‘s shares surge 0.30% to $56.62.
Axis Capital Holdings Limited (AXS) and PartnerRe Ltd. (PRE) declared that their joint registration statement filed on Form S-4 was declared effective by the U.S. Securities and Exchange Commission (“SEC”).
The companies also declared that they have each planned special shareholder meetings in connection with the projected combination of AXIS Capital and PartnerRe. In addition to the receipt of respective shareholder approvals, the transaction remains subject to other customary closing conditions, counting receipt of certain additional regulatory clearances. The transaction remains on track to close in the third quarter of 2015.
AXIS Capital’s special meeting of shareholders will be held on July 24, 2015 at 9:00 a.m. Bermuda time, at 92 Pitts Bay Road, Pembroke, HM Bermuda. The meeting is being held to seek shareholder approval of the amalgamation agreement with PartnerRe.
AXIS Capital Holdings Limited, together with its auxiliaries, provides insurance and treaty reinsurance products Worldwide. The company operates through Insurance and Reinsurance segments. The Insurance segment provides property insurance for commercial buildings, residential premises, construction projects, and onshore energy installations; marine insurance covering offshore energy, cargo, liability, recreational marine, fine art, specie, hull, and war; and terrorism, aviation, credit and political risk, and liability insurance. This segment also offers professional lines insurance that cover directors and officers liability, errors and omissions liability, employment practices liability, fiduciary liability, crime, professional indemnity, medical malpractice and other financial insurance related coverage for commercial enterprises, financial institutions, and not-for-profit organizations; and accidental death, travel, and specialty health products for employer and affinity groups, in addition to accident and health reinsurance for catastrophic or per life events through wholesale and retail brokers, managing general agents, and underwriters.
Kite Pharma Inc (NASDAQ:KITE), during its Friday’s current trading session 1.16% gain and closed at $61.73.
Kite Pharma Inc (KITE) declared that the Company will host a live webcast in conjunction with its Investor Day on Tuesday, June 23, 2015 at 12:00p.m. ET in New York, NY.
Kite Pharma, Inc., a clinical-stage biopharmaceutical company, focuses on the development and commercialization of novel cancer immunotherapy products. The company is developing a pipeline of engineered autologous cell therapy-based product candidates for the treatment of solid and hematological malignancies. Its lead product candidate is KTE-C19, a chimeric antigen receptors (CAR)-based therapy that is in Phase 1-2a clinical trials for the treatment of patients with refractory diffuse large B cell lymphoma. The company is also developing T cell receptors-based therapies, which targets SSX2, NY-ESO-1, and MAGE antigens in various cancers.
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