During Friday’s Current trade, Shares of TherapeuticsMD Inc (NYSEMKT:TXMD), lost -2.71% to $6.10.
TherapeuticsMD Inc (TXMD) declared its second quarter financial results for the period ended June 30, 2015.
Second Quarter and Recent Developments
- Net revenue for the company’s prescription prenatal vitamin business raised to about $4.8 million for the second quarter of 2015 contrast with about $3.8 million for the second quarter of 2014.
- Net loss was about $27.2 million for the second quarter of 2015, contrast with about $10.9 million for the second quarter of 2014, reflecting costs associated with the company’s continued enrollment of patients in two phase 3 clinical trials for its novel hormone therapy product candidates.
- Accomplished patient enrollment in the Rejoice Trial, a phase 3 clinical trial of TX-004HR (estradiol in VagiCap™), an applicator-free vaginal estradiol product candidate for the treatment of moderate to severe pain during sexual intercourse (dyspareunia), a symptom of vulvar and vaginal atrophy (VVA) due to menopause.
TherapeuticsMD, Inc. operates as a woman’s health care product company. The company manufactures and distributes prescription and over-the-counter product lines, counting prenatal vitamins, iron supplements, vitamin D supplements, and natural menopause relief products under the vitaMedMD brand, in addition to duplicate formulations of its prescription prenatal vitamins products under the BocaGreenMD Prena1 name.
Shares of ITC Holdings Corp. (NYSE:ITC), declined -1.78% to $34.71, during its current trading session.
ITC Holdings Corp. (ITC) declared its results for the second quarter and six month period ended June 30, 2015.
Stated net income for the second quarter, measured in accordance with Generally Accepted Accounting Principles (GAAP), was $72.3 million, or $0.46 per diluted common share, contrast to $54.3 million or $0.34 per diluted common share for the second quarter of 2014. For the six months ended June 30, 2015, stated net income was $139.5 million, or $0.89 per diluted common share, contrast to $123.5 million, or $0.78 per diluted common share for the same period last year.
Operating earnings for the second quarter were $80.8 million, or $0.52 per diluted common share, contrast to operating earnings of $72.7 million, or $0.46 per diluted common share for the second quarter of 2014. For the six months ended June 30, 2015, operating earnings were $153.9 million, or $0.98 per diluted common share, contrast to operating earnings of $142.5 million, or $0.90 per diluted common share for the same period last year.
ITC invested $331 million in capital projects during the six month period ended June 30, 2015, counting $82.8 million at ITCTransmission, $51.2 million at METC, $182.9 million at ITC Midwest, $10.0 million at ITC Great Plains and $4.1 million of Development and Other.
ITC Holdings Corp., together with its auxiliaries, engages in the transmission of electricity in the United States. The company functions as conduit, allowing for power from generators to be transmitted to local distribution systems through its own systems or in conjunction with neighboring transmission systems. It owns and operates high-voltage transmission facilities in Michigan’s Lower Peninsula and portions of Iowa, Minnesota, Illinois, Missouri, Kansas, and Oklahoma.
Baozun Inc (ADR) (NASDAQ:BZUN), during its Friday’s current trading session decreased -2.08% to $5.89.
Baozun Inc (ADR) (BZUN) declared that it has priced its initial public offering of 11,000,000 American depositary shares (“ADSs”) at US$10.00 per ADS for a total offering size of US$110 million, assuming the underwriters do not exercise their option to purchase additional ADSs. Each ADS represents three Class A ordinary shares of the Company. The ADSs will start trading on the NASDAQ Global Select Market under the ticker symbol “BZUN.”
The Company has granted the underwriters an option, exercisable within 30 days from the date of the final prospectus, to purchase up to 1,650,000 additional ADSs.
Morgan Stanley & Co. International plc, Credit Suisse Securities (USA) LLC and BofA Merrill Lynch are acting as joint bookrunners for the offering.
Baozun’s registration statement regarding the offering has been filed with, and declared effective by, the United States Securities and Exchange Commission. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Baozun Inc. provides e-commerce solutions for brand partners in the People’s Republic of China. It offers end-to-end e-commerce solutions, counting IT infrastructure setup and integration, online store design and setup, visual merchandizing and marketing campaigns, store operations, customer services, warehousing, and order fulfillment. The company was formerly known as Baozun Cayman Inc. and changed its name to Baozun Inc. in March 2015. Baozun Inc. was founded in 2007 and is headquartered in Shanghai, the People’s Republic of China.
Finally, Sempra Energy (NYSE:SRE), decreased -0.90%, to $103.36.
Sempra Energy (SRE) awarded $1,000,000 in grants to over 87 regional safety partners as part of SAFE San Diego, a SDG&E philanthropic initiative aimed at supporting non-profit organizations dedicated to disaster preparedness, emergency response training, wildfire education, and defensible space assistance programs.
Sempra Energy operates as an energy services holding company worldwide. The company’s San Diego Gas & Electric Company segment transmits and distributes electricity and/or natural gas. As of February 23, 2015, this segment offered energy service about to 3.4 million consumers through 1.4 million electric meters and 878,000 natural gas meters in San Diego and southern Orange counties. Its Southern California Gas Company segment transmits, distributes, and stores natural gas. As of February 6, 2015, this segment served about to 21 million consumers through 5.8 million meters in 500 communities.
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