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Monday 12 October 2015
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Mix Cap Stocks News Recap : Boston Scientific Corporation (NYSE:BSX), Mondelez International Inc (NASDAQ:MDLZ), Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

On Thursday, Shares of Boston Scientific Corporation (NYSE:BSX), lost -0.18% to $16.79.

Boston Scientific Corporation declared that it has closed on an additional round of financing with MValve Technologies Ltd., a developer of a percutaneous mitral valve replacement system, designed to work with the Boston Scientific LOTUS Valve, creating a unique mitral regurgitation (MR) treatment solution. Boston Scientific has offered the company with funding since 2012 and has an exclusive option to acquire MValve.

MValve Technologies plans to utilize the new financing, in part, to fund a first-in-human clinical trial for the MValve docking system for transcatheter mitral valve replacement (TMVR) in patients with mitral regurgitation. The approach, in which the Boston Scientific Lotus Valve is deployed inside the MValve docking system, is designed to enable the treatment of mitral regurgitation in a broad range of patients, and to improve long-term clinical outcomes in this patient population. Both the dock and valve can be repositioned and recaptured, enabling precise valve placement and physician confidence preceding to releasing.

Mitral regurgitation is the most common type of heart valve disorder and occurs when the mitral valve does not close properly, causing an abnormal reversal of blood to flow from the left ventricle into the left atrium.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.

Shares of Mondelez International Inc (NASDAQ:MDLZ), inclined 2.20 % to $45.31, during its last trading session.

Mondelēz International, Inc. will release its third quarter 2015 financial results on Wednesday, October 28, at 8 a.m. EDT and will host a conference call at 10 a.m. EDT that day.

Mondelez International, Inc., through its auxiliaries, manufactures and markets snack food and beverage products worldwide. The company offers biscuits, counting cookies, crackers, and salted snacks; chocolates, and gums and candies; powdered beverages and coffee; and cheese and grocery products.

Finally, Patterson-UTI Energy, Inc. (NASDAQ:PTEN), ended its last trade with 4.43% gain, and closed at $16.97.

Patterson-UTI Energy, stated that for the month of September 2015, the Company had an average of 99 drilling rigs operating in the United States and four rigs in Canada. For the three months ended September 30, 2015, the Company had an average of 105 drilling rigs operating in the United States and four rigs in Canada.

Average drilling rigs operating stated in the Company’s monthly declarations represent the average number of the Company’s drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company’s operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company’s financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

Patterson-UTI Energy, Inc., through its auxiliaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada.

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