During Thursday’s Current trade, Shares of Inovio Pharmaceuticals Inc (NASDAQ:INO), lost gain 1.03% to $6.87.
Inovio Pharmaceuticals (INO) recently declared its DNA vaccine targeting the virulent Middle East Respiratory Syndrome (MERS) induced 100% protection from a live virus challenge in a preclinical study. This medical advancement is notable because there is no vaccine or effective treatment for the MERS virus, which is clearly able to transmit from human to human. Since 2012, MERS has infected 1,400 people and killed over 500. Recently, the largest outbreak outside of Saudi Arabia of this emergent global health concern infected 186 people with 36 fatalities in South Korea.
In preclinical studies, Inovio and its collaborators evaluated its synthetic DNA-based MERS vaccine in mice, camels and monkeys, or non-human primates. In all three species, the vaccine induced robust immune responses capable of preventing the virus from infecting cells. The data from camels is an important finding because camels represent not only a host reservoir of the disease but act as a mode of transmission to humans. In monkeys, all vaccinated animals in the study were protected from symptoms of MERS disease when challenged with a live MERS virus. Inovio has stated on the preventive power of its synthetic DNA-based vaccines in a variety of infectious diseases counting HIV, influenza, hepatitis B, Ebola and dengue.
Inovio Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops active DNA immunotherapies and vaccines in combination with proprietary electroporation delivery devices to prevent and treat cancers and infectious diseases. The company’s SynCon immunotherapy design has the ability to break the immune system’s tolerance of cancerous cells; and SynCon product design is also intended to facilitate cross-strain protection against known, in addition to new unmatched strains of pathogens, such as influenza.
Shares of Liberty Ventures (NASDAQ:LVNTA), inclined 1.03% to $6.87, during its current trading session.
Liberty Interactive LLC a partner of Liberty Interactive Corporation (LVNTA), declared a semi-annual interest payment to the holders of its 3.5% Senior Exchangeable Debentures due 2031 (the “Debentures”). The amount of the payment is $17.50 per $1,000 original principal amount of Debentures.
Under the Indenture for the Debentures, the original principal amount of the Debentures is adjusted in an amount equal to each extraordinary distribution made to holders of the Debentures. Thereafter, the adjusted principal amount is further reduced on each successive semi-annual interest payment date to the extent necessary to cause the semi-annual interest payment to represent the payment of an annualized yield of 3.5% of the adjusted principal amount. This latter adjustment, to the extent it is made by reason of a particular extraordinary distribution that results in an adjustment to the principal amount of the Debentures, takes effect on the second succeeding interest payment date after the payment of that extraordinary distribution.
Liberty Ventures tracks the economic performance of Expedia, Inc., TripAdvisor, Inc., Tree.com, Inc., Interval Leisure Group, Inc., Time Warner Inc., Time Warner Cable Inc., and AOL, Inc. The company is based in the United States. Liberty Ventures operates as a partner of Liberty Interactive Corporation.
Vishay Intertechnology (NYSE:VSH), during its Thursday’s current trading session gained 0.92% to $9.92.
Vishay Intertechnology, (VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, recently declared its results for the fiscal quarter and six fiscal months ended July 4, 2015.
Revenues for the fiscal quarter ended July 4, 2015 were $590.5 million, contrast to $641.9 million for the fiscal quarter ended June 28, 2014. The net earnings attributable to Vishay stockholders for the fiscal quarter ended July 4, 2015 were $26.3 million, or $0.17 per diluted share, contrast to $35.6 million, or $0.23 per diluted share for the fiscal quarter ended June 28, 2014.
Net earnings attributable to Vishay stockholders for the fiscal quarter ended July 4, 2015 comprises restructuring and severance costs of $5.7 million. Net earnings attributable to Vishay stockholders for the fiscal quarter ended June 28, 2014 comprise restructuring and severance costs of $9.0 million. These items are summarized on the attached reconciliation plan. Adjusted earnings per diluted share, which exclude these items, were $0.20 and $0.27 for the fiscal quarters ended July 4, 2015 and June 28, 2014, respectively.
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The company operates in five segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors, and Capacitors. The MOSFETs segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage Super Junction MOSFETs, power integrated circuits, and integrated function power devices. The Diodes segment provides rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers, and power modules.
Finally, Talmer Bancorp Inc (NASDAQ:TLMR), gained 0.76%, to $15.87.
Talmer Bancorp, Inc. (TLMR) declared recently the pricing of the formerly declared secondary offering by which funds associated with WL Ross & Co. LLC (“WL Ross”) agreed to sell 9,664,579 shares of their Talmer Class A common stock in an underwritten public offering. Keefe, Bruyette & Woods, Inc., A Stifel Company is acting as sole underwriter for the offering and has priced the offering to purchasers at $14.95 per share. WL Ross will receive all of the net proceeds from the offering and will no longer own any shares of Talmer outstanding common stock.
The offering is predictable to close on or about August 31, 2015, subject to customary closing conditions.
Talmer will repurchase 5,077,000 shares in the offering, at a price per share equal to the price per share being paid by the underwriter to the selling shareholders.
Talmer Bancorp, Inc., through its auxiliaries, provides various commercial and retail banking products and services to small and medium-sized businesses, and individuals in the United States. The company offers a range of deposit products, counting checking accounts, commercial accounts, savings accounts, and other time deposits, such as daily money market accounts and longer-term certificates of deposit; and lending services comprising loans to small and medium-sized businesses, residential mortgage loans, commercial real estate loans, residential and commercial construction and development loans, farmland and agricultural production loans, home equity loans, and consumer loans.
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