Search
Thursday 20 August 2015
  • :
  • :
Latest Update

Current Trade News Buzz on: First Horizon National (NYSE:FHN), Intrexon (NYSE:XON), Tripadvisor (NASDAQ:TRIP), Energy Focus (NASDAQ:EFOI)

During Thursday’s Current trade, Shares of First Horizon National Corp (NYSE:FHN), lost -2.54% to $15.32.

Donations to benefit the families of the four Marines and one sailor killed in the July 16 attack on a military operations center in Chattanooga will be matched by the First Tennessee Foundation, up to a total of $15,000. Donations to the Community Foundation of Greater Chattanooga brought to any First Tennessee Bank branch throughout Tennessee by Aug. 14 will be eligible for the match.

First Tennessee established the First Tennessee Foundation in 1993 to invest in the communities the bank serves. Last year, in honor of First Tennessee’s 150th anniversary, the foundation’s 150 Days of Giving gave away $5,000 a day for 150 days to nonprofits selected by 1.5 million online votes.

First Horizon National Corporation operates as the bank holding company for First Tennessee Bank National Association that provides various financial services in the United States and internationally. The company offers general banking services for consumers, businesses, financial institutions, and governments. It also provides investments, financial planning, trust, asset administration, credit card, and cash administration services.

Shares of Intrexon Corp (NYSE:XON), declined -3.74% to $45.30, during its current trading session.

Intrexon Corporation (XON) declared that it has reached a partnership with an investment fund sponsored by Harvest Capital Strategies, LLC. The fund is believed to be the world’s first that is dedicated to the inventions and discoveries of a single company.

Intrexon has agreed to provide the fund a noteworthy number of investment proposals from across five sectors – Health, Energy, Food, Environment and Consumer – that are suitable for pursuit by a startup, counting several in 2015. With respect to such proposals, Intrexon will provide the fund with exclusive rights of first-look and first negotiation. Intrexon presently sees the potential to form up to ten new companies per year, each of which will have access to Intrexon’s proprietary technology platform through an Exclusive Channel Collaboration. Although the partnership with the fund will be complimentary to programs already underway at Intrexon, nothing in the arrangement will limit the Company’s ability to execute other collaborations and joint ventures.

Intrexon Corporation, a biotechnology company, operates in the synthetic biology field in the United States. The company, through a suite of proprietary and complementary technologies, designs, builds, and regulates gene programs, which are DNA sequences that comprise of key genetic components. Its technologies comprise UltraVector gene design and fabrication platform, and its associated library of modular DNA components; cell systems informatics; RheoSwitch inducible gene switch; AttSite Recombinases; protein engineering; mAbLogix; and laser-enabled analysis and processing. Intrexon Corporation has partnership agreements with ZIOPHARM Oncology, Inc.; Synthetic Biologics, Inc.; Oragenics, Inc.; Fibrocell Science, Inc.; Genopaver, LLC; AquaBounty Technologies, Inc.; S & I Ophthalmic, LLC; Biological & Popular Culture, Inc.; OvaXon, LLC; Intrexon Energy Partners, LLC; and Persea Bio, LLC; and planned partnershipand licensing agreement with Merck Serono S.A. The company was formerly known as Genomatix Ltd. and changed its name to Intrexon Corporation in 2005. Intrexon Corporation was founded in 1998 and is based in Germantown, Maryland.

Tripadvisor Inc (NASDAQ:TRIP), during its Thursday’s current trading session decreased -1.54% to $70.64.

The Independent Traveler, Inc. – publisher of three leading online travel sites, and part of the TripAdvisor Media Group – declares the appointment of Mike Ewing as general manager. Ewing will oversee the online publisher’s three brands – Cruise Critic, Family Vacation Critic and IndependentTraveler.com.

Preceding to joining The Independent Traveler, Inc., Ewing held administration roles at LogMeIn, Vistaprint, and Monster.com. Ewing’s professional career comprises time in the US in addition to time abroad with responsibility for large geographic regions. An avid traveler, Ewing has been around the world while managing global teams focused on consumer, media and B2B businesses. Ewing is a regular speaker and contributor on topics as wide-ranging as sales and marketing, building high-performance teams and venture funding.

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, Energy Focus Inc (NASDAQ:EFOI), gained 4.12%, to $17.42.

Energy Focus, Inc. (EFOI), a leader in LED lighting technologies, declared that it has signed a contract with the Cleveland Clinic Foundation (the “Cleveland Clinic”) to supply its “Buy American” tubular LEDs (“TLEDs”) to replace existing fluorescent lights for all of the Cleveland Clinic’s facilities. The initial phase of this LED retrofit project covers the Cleveland Clinic’s main campus near downtown Cleveland and is predictable to require about 250,000 TLEDs and take 18 to 24 months to complete.

In addition to its main campus, the Cleveland Clinic also administers more than 75 northern Ohio outpatient locations, 16 full-service family health centers, eight community hospitals, in addition to healthcare facilities in Florida, Las Vegas, Canada and Abu Dhabi.

Energy Focus, Inc. designs, develops, manufactures, markets, and installs energy-efficient lighting systems and solutions in the United States and internationally. It operates in two segments, Products and Solutions. The company offers commercial, industrial, government, and military and maritime energy-efficient light-emitting diode (LED) lighting offerings, counting LED luminares and fixtures to serve the United States Navy; tubular LED replacements for linear fluorescent lamps; LED luminares and fixtures; LED docklights; tubular LED parking garage luminares and fixtures; LED cold storage globe luminares; and LED retrofit kits for high-intensity discharge applications.

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.




Leave a Reply

Your email address will not be published. Required fields are marked *