On Wednesday, Shares of Amyris Inc (NASDAQ:AMRS), lost -23.74% to $1.96. The stock attained the volume of 3.38 million shares.
Amyris (AMRS) has had an up and down year. Having opened 2015 a little ahead of $2 flat, the company’s stock traded to annual highs of just shy of $3 on decent data and on the back of the overarching bullish momentum seen across the space during the first half of this year. However, from its highs Amyris has spent the last few months in decline, before recovering to trade just shy of $2.30 presently, giving it a market cap of circa $360 million.
The company’s pipeline comprises candidates across a range of indications using synthetic molecules designed to decrease cost associated with manufacturing cosmetics, agriculture, construction and fuels.
On September 23, 2015, Amyris declared it had signed a contract with DARPA that is potentially worth $35 million, and the company has gained some considerable strength as a result, rallying nearly 30% since the declaration. The gains come as a result of the impact the capital should have on Amyris’ pipeline. If all goes to plan, the capital will statedly add hundreds of new molecules to the company’s pipeline, while also reducing the time and cost to commercialization by ten times on both counts. The potential implications for Amyris’ development and commercialization process are significant.
Amyris, Inc. provides various alternatives to a range of petroleum-sourced products for the consumer care, specialty chemical, and transportation fuel markets worldwide.
Shares of Ross Stores, Inc. (NASDAQ:ROST), dropped -1.92% to $48.50, during its last trading session.
Ross Stores declared the opening of 19 Ross Dress for Less® (“Ross”) and seven dd’s DISCOUNTS® stores across 14 different states in September and October. These new locations complete the Company’s 2015 expansion plans to add a total of 90 stores during the year.
“This recent opening group rounds out our 2015 store growth plans to add 70 Ross and 20 dd’s DISCOUNTS locations,” said Jim Fassio, President and Chief Development Officer. “We entered our 34th state in October, opening three new stores in Wisconsin. Our ongoing focus remains on expansion across both existing and newer markets, such as the Midwest. Longer term, we continue to plan for noteworthy growth throughout all markets, and remain confident that Ross Dress for Less can grow to 2,000 locations and dd’s DISCOUNTS can become a chain of 500 stores.”
Ross Stores, Inc., together with its auxiliaries, operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd’s DISCOUNTS brand names in the United States.
Finally, International Business Machines Corp. (NYSE:IBM), ended its last trade with 0.27% gain, and closed at $150.02.
Tata Sky, a leading broadcast satellite television provider in India, has selected a new IBM (NYSE: IBM) hybrid storage system to assist it better serve its 30 million customers.
The company is using IBM DS8000 systems as its primary storage for all critical workloads, counting CRM, billing and disaster recovery.
Constant uptime and the risk of data loss is always at the forefront of data-driven enterprises, like Tata Sky, in addition to banking, financial and healthcare operations. By 2020, 15 percent of digital businesses will fail due to inadequate protection against downtime.1
Security is also essential for both customer trust and business operations. The cost of a single data breach can spiral to $3.8 million, up 23 percent since 2013.2 The DS8000 family meets these challenges by significantly improving the administration of growing storage demands required by the realities of digital businesses.
International Business Machines Corporation provides information technology (IT) products and services worldwide. The company’s Global Technology Services segment provides IT infrastructure and business process services, such as outsourcing, processing, integrated technology, cloud, and technology support.
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