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Sunday 4 October 2015
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Latest Update

Current Trade News Buzz on: AFLAC (NYSE:AFL), Medivation (NASDAQ:MDVN), Tripadvisor (NASDAQ:TRIP), ServiceNow (NYSE:NOW)

During Friday’s Current trade, Shares of AFLAC Incorporated (NYSE:AFL), lost -1.83% to $56.90.

AFLAC Incorporated - As employers continue to load more health care expenses onto workers, more than half (53 percent) of employees are still choosing a major medical plan based on factors that may have little to do with the total cost of health care for which they are increasingly responsible. According to the 2015 Aflac Open Enrollment Survey released recently by Aflac (AFL), the leading provider of voluntary insurance at the work site in the United States, most workers (75 percent) at least somewhat agree that even with their health insurance coverage, their medical copays and other out-of-pocket costs are more than they can afford at times. In spite of this, however, a noteworthy number of consumers lack the desire to research their insurance benefits.

The 2015 Aflac Open Enrollment Survey was conducted among 2,000 U.S. adults employed either full or part time in June and July 2015 by Lightspeed GMI on behalf of Aflac.

In fact, according to Aflac’s survey, many would rather do almost anything else than research their benefits:

  • More than a third (38 percent) would rather clean out their email inbox;
  • Nearly 1 in 4 (23 percent) would rather clean their toilet; and
  • 18 percent would rather do their taxes.

Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products. It operates through two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers various voluntary supplemental insurance products, counting cancer plans, general medical indemnity plans, medical/sickness riders, care plans, living benefit life plans, ordinary life insurance plans, and annuities in Japan.

Shares of Medivation Inc (NASDAQ:MDVN), declined -3.15% to $41.55, during its current trading session.

Medivation, Inc. (MDVN) and BioMarin Pharmaceutical Inc. (BMRN) declared that they have reached an asset purchase agreement under which Medivation will acquire all worldwide rights to talazoparib (formerly referred to as BMN 673), a highly-potent, orally-accessible poly ADP ribose polymerase (PARP) inhibitor presently in a Phase 3 study for the treatment of patients with deleterious germline BRCA 1 or BRCA 2 mutations and locally advanced and/or metastatic breast cancer. Under the agreement, Medivation will be responsible for all research, development, regulatory and commercialization activities for all indications on a global basis.

Under the terms of the agreement, Medivation will pay BioMarin $410 million upfront, up to an additional $160 million upon the achievement of regulatory and sales-based milestones and mid-single digit royalties for talazoparib. At the closing of the transaction, Medivation will assume all financial obligations associated with the development and commercialization of talazoparib.

Medivation, Inc., a biopharmaceutical company, focuses on the development and commercialization of novel therapies to treat serious diseases in the United States. It offers XTANDI for the treatment of post-chemotherapy metastatic castration-resistant prostate cancer (mCRPC) patients.

Tripadvisor Inc (NASDAQ:TRIP), during its Friday’s current trading session decreased -1.06% to $63.45.

TripAdvisor(R), the world’s largest travel site*, recently declared the appointment of Beth Grous to the position of chief people officer. In the new role, Grous will be responsible for leading TripAdvisor’s global human resources organization. Grous will be part of the TripAdvisor administration team and report to the chief executive officer, Stephen Kaufer.

Formerly, Grous was at Nuance Communications, a global provider of speech and imaging solutions, where she had been the senior vice president of human resources. Before Nuance, Grous spent three years at Sanofi Corporation, a global healthcare organization, serving as vice president of human resources. She also held a number of roles at Genzyme Corporation for nine years, counting vice president of human resources, before it was attained by Sanofi. Additionally, Grous held human resources leadership positions at Perot Systems Healthcare Services, Reebok International, Aramark Educational Services and Federated Department Stores. Grous has a Bachelor of Arts in English from Cornell University.

TripAdvisor, Inc. operates as an online travel company. The company operates through two segments, Hotel and Other. Its travel research platform aggregates reviews and opinions about accommodations, destinations, activities and attractions, and restaurants that enable consumers to plan and book hotels, vacation rentals, flights, activities and attractions, and restaurants.

Finally, ServiceNow Inc (NYSE:NOW), decreased -1.58%, to $70.45.

ServiceNow (NOW), the enterprise cloud company, recently declared it will release financial results for the third quarter 2015 ended Sept. 30, 2015 following the close of market on Wednesday, Oct. 21, 2015. ServiceNow will host a conference call and live webcast to talk about the financial results.

ServiceNow, Inc. provides cloud-based solutions that define, structure, manage, and automate services to enterprise operations in North America, Europe, the Middle East, Africa, the Asia Pacific, and other countries.

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.




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