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Friday 10 July 2015
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Friday’s Trade News Buzz on: Hansen Medical, Inc. (NASDAQ:HNSN), Nordic American Tanker Ltd (NYSE:NAT), E-House (China) Holdings Limited (ADR) (NYSE:EJ), LaSalle Hotel Properties (NYSE:LHO)

On Friday, Shares of Hansen Medical, Inc.(NASDAQ:HNSN), climbed 5.07% to $ 0.904.

Hansen Medical, declared that it received U.S. Food and Drug Administration (FDA) 510(k) clearance for its Magellan 10Fr Robotic Catheter for use in the peripheral vasculature. The FDA clearance enables the company to initiate clinical use of the 10Fr catheter with its customers in the United States.

The Magellan 10Fr Robotic Catheter is the latest addition to the family of robotic catheters used with the Magellan Robotic System. The 10Fr catheter allows for independent, robotic control of two telescoping catheters (an outer Guide and an inner Leader catheter). The Guide catheter has a 10Fr outer diameter, and features the largest inner lumen (7Fr) in the Magellan catheter family, which enables delivery of therapeutic devices through the robotic catheter in a broader range of endovascular procedures. The company received CE Mark approval for the 10Fr catheter in April 2015, and procedures have subsequently been performed with the device in Australia, Germany and the United Kingdom.

Hansen Medical, Inc. develops, manufactures, and sells medical robotics designed for the positioning, manipulation, and control of catheters and catheter-based technologies in the United States and internationally.

Shares of Nordic American Tanker Ltd (NYSE:NAT), climbed 0.89% to $14.79.

We would like to inform the investor market that Nordic American Tankers Ltd. (NAT) anticipates to declare the dividend for 2Q2015, July 15, 2015, before NYSE opening.

NAT has paid dividends for the past 71 successive quarters. The dividend for the first quarter 2015 was $0.38 per share. As indicated in a letter to shareholders of yesterday, NAT anticipates the second quarter 2015 also to produce good results. The 2Q2015 earnings report is planned to be declared before NYSE opening August 10, 2015. Dividend for the second quarter is predictable to be paid August 12, 2015 for holders of record July 29, 2015.

Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers. As of December 31, 2014, it owned 24 Suezmax crude oil tankers, counting two new buildings under construction. The company was founded in 1995 and is based in Hamilton, Bermuda.

Shares of E-House (China) Holdings Limited (ADR) (NYSE:EJ), during its Friday’s trading session fell -0.37% to $6.69.

E-House (China) Holdings Limited, declared that the independent special committee of the Company’s Board of Directors (the “Independent Committee”) has retained Duff & Passists, LLC as its financial advisor and Davis Polk & Wardwell LLP as its legal counsel in connection with its review and evaluation of the non-binding proposal letter, dated June 9, 2015, from a buyer group proposing a going-private transaction to acquire all of the outstanding ordinary shares of the Company not already owned by them. The buyer group proposing the going-private transaction is represented by Skadden, Arps, Slate, Meagher & Flom.

The Independent Committee presently comprises of four independent, disinterested directors, Mr. Winston Li, Mr. Bing Xiang, Mr. Hongchao Zhu and Mr. Jeffrey Zhijie Zeng. Mr. David Jian Sun is no longer on the Independent Committee for personal reasons.

E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services company in the People’s Republic of China. It operates through Real Estate Online Services; Real Estate Brokerage Services; Real Estate Information and Consulting Services; Community Value-Added Services; and Other Services segments.

Finally, LaSalle Hotel Properties (NYSE:LHO) , gained 0.03% $36.47.

LaSalle Hotel Properties, declared it will report financial results for the Second Quarter 2015 on Wednesday, July 22, 2015 after the market closes. The Company will conduct its quarterly conference call on Thursday, July 23, 2015 at 10:00 AM eastern time.

To take part in the conference call, please follow the steps listed below:

  • On July 23, 2015, dial (800) 946-0744 about ten minutes before the call starts (9:50 AM eastern time);
  • Tell the operator that you are calling for LaSalle Hotel

LaSalle Hotel Properties, a real estate investment trust (REIT), engages in the purchase, ownership, redevelopment, and leasing of primarily upscale and luxury full-service hotels in convention, resort, and urban business markets in the United States.

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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.

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