On Thursday, Exelixis, Inc. (NASDAQ:EXEL)’s shares declined -0.80% to $6.20.
Exelixis reiterated its slate of activities at the European Cancer Congress (ECC) 2015, which will be held September 25-29, 2015 in Vienna, Austria. As formerly declared, data from clinical trials of cabozantinib and cobimetinib will be the subject of three presentations at the meeting. The company will also host a live investor/analyst webcast on Saturday, September 26.
The investor/analyst webcast will be held following the presentation on Saturday, September 26, 2015, from 12:30-2:00 p.m. EDT / 9:30-11:00 a.m. PDT (18:30-20:00 local time in Vienna). During the webcast, Exelixis administration and Dr. Toni Choueiri, principal investigator of the METEOR trial, will review and provide context for the late-breaking data presented at the Congress.
Exelixis Inc. is a biopharmaceutical company. The Company is engaged in developing small molecule therapies for the treatment of cancer. The Company is focusing on resources development and commercialization of COMETRIQ (cabozantinib) for the treatment of progressive, metastatic medullary thyroid cancer (MTC) in the United States.
Nokia Corporation (ADR) (NYSE:NOK)’s shares gained 0.15% to $6.66.
Nokia Corporation’s President and Chief Executive Officer Rajeev Suri met recently with Emmanuel Macron, France’s Minister of Economy, Industry and Digital Affairs, to formally affirm Nokia’s commitment to driving innovation in France and, globally, from France, that will result from Nokia’s projected combination with Alcatel-Lucent. Recent declaration follows an open and fruitful dialogue between Nokia and the French Government since the projected combination was declared in April 2015.
In its negotiations with the French Government, Nokia has confirmed that France will play a leading role in the combined entity’s Research and Development (“R&D”) operations. Nokia will build on the strong competencies in the country within key technology areas, on the existing presence of Alcatel-Lucent and its strong engagement in the technology ecosystem in France, and on the excellent new technical talent available from French universities.
Nokia intends to leverage Alcatel-Lucent’s existing capabilities in R&D and its strong talent base through worldwide technology centers located in France that will focus on 5G and Small Cells, Cyber-security and privacy, Bell Labs, Wireless Transmission, Optical transmission, and IP platforms.
Nokia Corporation (Nokia) invests in technologies. The Company operates through three business segments: Nokia Netoperates, HERE and Nokia Technologies. Nokia Netoperates offers network infrastructure software, hardware and services. Nokia Netoperates has two segments: Mobile Broadband and Global Services.
At the end of Thursday’s trade, Cypress Semiconductor Corporation (NASDAQ:CY)‘s shares dipped -1.68% to $8.77.
Cypress Semiconductor Corporation saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 31,990,597 shares, a decrease of 7.0% from the August 31st total of 34,415,287 shares, Market Beat.com reports. Based on an average daily volume of 6,154,354 shares, the short-interest ratio is presently 5.2 days. About 10.0% of the company’s shares are short sold.
Cypress Semiconductor Corporation is a provider of mixed-signal programmable solutions. The Company’s offerings comprise PSoC 1, PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip families. It caters to markets, counting industrial, mobile handsets, consumer, computation, data communications, automotive and military.
XPO Logistics Inc (NYSE:XPO), ended its Thursday’s trading session with -7.45% loss, and closed at $25.60.
After opening the session at $27.5, the shares hit an intraday low of $25.45 and an intraday high of $27.5 and the price vacillated in this range throughout the day. The company has a market cap of $2,441 million and the number of outstanding shares have been calculated to be 95,356,000 shares. The 52-week high of XPO Logistics, Inc. (NYSE:XPO) is $50.9599 and the 52-week low is $27.65.
XPO Logistics, Inc. is a provider of transportation logistics services and a provider of engineered, technology-enabled contract logistics. The Company operates in two segments: Transportation segment and Logistics segment. The Transportation segment comprises of its truck brokerage, intermodal, last mile, expedited transportation and freight forwarding businesses.
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