On Monday, Shares of AbbVie Inc. (NYSE:ABBV), lost -0.58% to $65.61.
AbbVie, declared that it has extended the expiration of its exchange offer to acquire all of the outstanding shares of common stock of Pharmacyclics, Inc. to 5 p.m., New York City time, on May 22, 2015.
The depositary of the exchange offer has advised that, as of 4:00 p.m., New York City time, on May 15, 2015, a total of about 42,822,941 shares of Pharmacyclics common stock were validly tendered and not properly withdrawn in the exchange offer.
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company’s products comprise HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; VIEKIRA PAK, an all-oral, short-course, interferon-free therapy, with or without ribavirin, for adult patients with genotype 1 chronic hepatitis, counting those with compensated cirrhosis; Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in people with HIV-1; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1 infection; and Synagis to prevent respiratory syncytial virus infection in high risk infants.
Shares of Ventas, Inc. (NYSE:VTR), declined -0.30% to $69.19, during its last trading session.
Ventas, said that its Board of Directors declared a regular quarterly dividend of $0.79 per share, payable in cash on June 30, 2015 to stockholders of record on June 5, 2015. The dividend is the second quarterly installment of the Company’s 2015 annual dividend.
2015 ANNUAL MEETING RESULTS
At Ventas’s Annual Meeting of Stockholders recently, stockholders voted to re-elect each of the Company’s director-nominees to new one-year terms: Melody C. Barnes, Debra A. Cafaro, Douglas Crocker II, Ronald G. Geary, Jay M. Gellert, Richard I. Gilchrist, Matthew J. Lustig, Douglas M. Pasquale, Robert D. Reed, Glenn J. Rufrano, and James D. Shelton. Stockholders also ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for 2015 and approved, on an advisory basis, the Company’s executive compensation.
Ventas, Inc. is a publicly owned real estate investment trust. The firm engages in investment, administration, financing, and leasing of properties in the healthcare industry. It invests in the real estate markets of the United States and Canada.
At the end of Monday’s trade, Shares of Agnico Eagle Mines Limited (NYSE:AEM), gained 1.31% to $33.96.
Agnico Eagle Mines Limited, declared that it has agreed to subscribe for 62,500,000 common shares of Belo Sun Mining Corp. (BSX.TO) in a non-brokered private placement at a price of $0.24 per Belo Sun Share for total consideration of $15,000,000 . Closing of the private placement is predictable to occur on or about May 21, 2015 .
Agnico Eagle also declared that it has subscribed for an additional 13,154,243 class “A” common shares of Pershimco Resources Inc. (PRO.V) (“Pershimco”) in a formerly declared brokered private placement at a price of $0.17 per Pershimco Share for total consideration of about $2,236,221 . The private placement closed recently as anticipated. The 13,154,243 Pershimco Shares subscribed for recently represent about 4.97% of the issued and outstanding Pershimco Shares on a non-diluted basis.
Agnico Eagle Mines Limited engages in the exploration, development, and production of mineral properties. It primarily explores for gold, in addition to for silver, copper, zinc, and lead. The company’s flagship property comprises the LaRonde mine, which comprises a 100% owned LaRonde property that comprises of 36 contiguous mining claims and 1 provincial mining lease covering 1,047.4 hectares; El Coco property, which comprises 22 contiguous mining claims and 1 provincial mining lease comprising 356.7 hectares; and Terrex property that comprises 21 mining claims and 1 provincial mining lease covering 424.4 hectares, in addition to 3 surface rights leases covering in total of about 303.6 hectares in northwestern Quebec.
Finally, AFLAC Inc. (NYSE:AFL), ended its last trade with 1.03% gain, and closed at $63.93.
Aflac Incorporated, will premiere its newest television commercial, “Duck Salon,” during the season finale of “Dancing with the Stars,” which airs tomorrow night at 9 p.m. EDT on ABC Network.
The commercial continues the company’s campaign highlighting how the Aflac Duck isn’t good at everything, but he is the best at paying claims fast, especially with Aflac’s new One Day PaySM initiative. In the newest edition, the Aflac Duck attempts to play the part of stylist in a hair salon. Download a copy of “Duck Salon.”
Aflac Incorporated, through its partner, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance products.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
