During Monday’s Current trade, Shares of Akorn, Inc. (NASDAQ:AKRX), gain 2.10% to $44.00.
Akorn, Inc. (AKRX), a leading specialty pharmaceutical company, declared that it has launched Acetylcysteine Injection 6 g/30 mL in 30 mL single-dose vials. The launch follows an approval of an abbreviated new drug application (ANDA) for the product from the U.S. Food and Drug Administration (FDA) on March 24, 2015. Akorn’s product is therapeutically equivalent to Acetadote(R) injection marketed by Cumberland Pharmaceuticals Inc.
Akorn, Inc. develops, manufactures, and markets generic and branded prescription pharmaceuticals, in addition to animal and over-the-counter (OTC) consumer health products in the United States and internationally. It operates through two segments, Prescription Pharmaceuticals and Consumer Health. The Prescription Pharmaceuticals segment markets generic and branded ophthalmics, injectables, oral liquids, otics, topical, inhalants, and nasal sprays. This segments generic products comprise Clobetasol Propionate, a corticosteroid, which is used to treat various skin conditions; Fluticasone Propionate, a corticosteroid used for nasal symptoms of allergic and non-allergic rhinitis conditions; Lidocaine/Prilocaine, a topical anesthetic; Progesterone, which is used to prevent endometrial hyperplasia; Vancomycin, an antibiotic used to treat bacterial infections; and other products. T
Shares of Boyd Gaming Corporation (NYSE:BYD), inclined 2.68% to $16.45, during its current trading session.
Boyd Gaming Corporation (BYD) declared a $45 million expansion of Delta Downs Racetrack Casino Hotel in Vinton, Louisiana.
Set for completion at the end of 2016, the centerpiece of the project is a new hotel tower, featuring 167 additional guest rooms and suites. Boyd Gaming also plans to redesign all 200 existing rooms at the property, providing a fresh new look and feel to the hotel.
The property will also redesign its food and beverage facilities, in addition to expand its special events center to better accommodate meeting and banquet functions.
Boyd Gaming Corporation, together with its auxiliaries, operates as a multi-jurisdictional gaming company. It operates in five segments: Las Vegas, Downtown Las Vegas, Midwest and South, Peninsula, and Borgata. The company owns and operates 21 gaming entertainment properties located in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, and New Jersey.
KLA-Tencor Corp (NASDAQ:KLAC), during its Monday’s current trading session gained 1.42% to $55.89.
KLA-Tencor Corp (KLAC) declared that it will host its annual analyst briefing at SEMICON West at the W Hotel on Tuesday, July 14, 2015, with a live webcast starting at 12:30 p.m. PDT. The agenda comprises:
12:00-12:30 p.m.: Registration
12:30-2:00 p.m.: Presentation with Q&A by President and CEO Rick Wallace and CFO Bren Higgins
KLA-Tencor Corporation designs, manufactures, and markets process control and yield administration solutions worldwide. It provides chip manufacturing products, counting front-end defect inspection, back-end defect inspection, defect review, metrology, and in-situ process monitoring products, in addition to lithography modeling software; wafer manufacturing products comprising surface and defect inspection, wafer geometry and nanotopography metrology, and data administration; and reticle manufacturing products, such as defect inspection and pattern placement metrology products.
Finally, WP Glimcher Inc (NYSE:WPG), decreased -0.04%, to $13.92.
WP Glimcher Inc (WPG) declared that the Company has entered into a new 5-year, $500 million term loan. The Company used the proceeds to fully repay the remainder of the Company’s outstanding bridge loan that was used to finance the January 2015 acquisition of Glimcher Realty Trust and for other general corporate purposes.
The aggregate principal balance of the term loan will be due upon maturity on March 2, 2020. The loan bears interest at LIBOR plus 1.15% based on the Company’s current debt rating. The Company expects to fix all or a portion of the variable interest rate exposure on the term loan by entering into an interest swap arrangement in the near term.
Washington Prime Group Inc. operates independently of Simon Property Group Inc. as of May 28, 2014.
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