On Monday, Following U.S. Stocks were among the “Top Gainers”: Sterling Construction Co. Inc. (NASDAQ:STRL), Pall Corporation (NYSE:PLL), Rackspace Hosting, Inc. (NYSE:RAX), Inovio Pharmaceuticals, Inc. (NASDAQ:INO)

Sterling Construction Co. Inc. (NASDAQ:STRL), with shares skyrocketed 30.33%, closed at $3.91.

Pall Corporation (NYSE:PLL), with shares jumped 3.19%, settled at $102.79.

Rackspace Hosting, Inc. (NYSE:RAX), with shares climbed 3.17%, and closed at $53.06, hitting new 52-week high of $53.16.

Inovio Pharmaceuticals, Inc. (NASDAQ:INO), surged 19.60%, and closed at $8.42.

Latest NEWS regarding these Stocks are depicted underneath:

Sterling Construction Co. Inc. (NASDAQ:STRL)

Sterling Construction Co. Inc. (STRL), declared that it has reached an amended credit contract with its primary lender, Comerica Bank and is actively considering several debt financing proposals to replace the credit facility. The amended contract waives the breach of the tangible net worth covenant which occurred in the fourth quarter of 2014. The amendment reduces the total capacity of the revolving line of credit from $40 million to $35 million. The first covenant test subsequent to the amendment will be in May based on Sterling’s results for April 2015. This amendment allows the Corporation to complete the filing of its full year 2014 results with the contract in place and provides it with adequate liquidity to fund its ongoing operations.

Additional conditions of the amendment comprise:

• A reduction in the total capacity of the line of credit to $25 million on June 1, 2015 and a reduction to $15 million on September 1, 2015;
• A raise in cost from Prime + 150 basis points to Prime + 350 basis points;
• An amendment fee of $400,000 spread over four equal payments due at closing, June 30th, September 30th, and December 30, 2015;
• Remaining unpaid fees are waived if at any point during the year the Corporation liquidates and terminates the line of credit a month before a payment becomes due; and,
• The Tangible Net Worth covenant will be reset to $75 million and the Debt and Asset Coverage covenants remain the same.

Sterling Construction Corporation, Inc. operates as a heavy civil construction corporation in Texas, Utah, Nevada, Arizona, California, Hawaii, and other states of the United States.

Pall Corporation (NYSE:PLL)

Formerly on February 24, Pall Corporation (PLL), stated financial results for the second quarter of fiscal year 2015 which ended January 31, 2015.

• Diluted EPS in the quarter of $0.78, up 4%; pro forma diluted EPS of $0.88, up 7%.
• Free cash flow in the six months of $213 million, up 25%.
• Reducing full-year pro forma EPS guidance to $3.65‒$3.85, due to FX influence.

Second Quarter and Six Months Sales and Earnings Overview:

Second quarter sales were $673.8 million contrast to $677.0 million last year. Sales in local currency (“LC”) were up 6%, and about 2% not including attainments. Diluted EPS were $0.78 in the quarter, contrast to $0.75 last year. Pro forma diluted EPS(1) were $0.88, a 7% raise contrast to $0.82 a year earlier, counting a headwind of about $0.11 from foreign currency translation.

Sales in the six months were $1.4 billion, an raise of 5% year over year. Sales in LC were up 10%, and about 5% not including attainments. Diluted EPS were $1.59 in the six months, contrast to $1.38 last year. Pro forma diluted EPS(1) were $1.77, a 16% raise contrast to $1.52 a year earlier, counting a headwind of about $0.15 from foreign currency translation.

Larry Kingsley, Pall Chairman and CEO, said, “We delivered a solid operating quarter. Our merged results were significantly influenced by foreign currency translation, particularly due to the strong U.S. dollar. Despite our global proceed profile and U.S.-centric cost structure, we delivered a modest raise in stated operating margin.”

Pall Corporation (NYSE:PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid administration needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies.

Rackspace Hosting, Inc. (NYSE:RAX)

Formerly on March 4, Rackspace Hosting, Inc. (RAX), the #1 managed cloud corporation, declared that Tinder, the widely popular matchmaking mobile app, is leveraging ObjectRocket™ by Rackspace to power its matching and moment rating capabilities.

ObjectRocket provides Tinder with a highly accessible, infinitely scalable, database-as-a-service platform supported by Rackspace database expertise. Automation, specifically around sharding, allows Tinder to scale horizontally without taxing internal resources. Rackspace Managed Data Services, counting ObjectRocket, simplifies database administration by offering fully-managed public and private cloud solutions that span the most popular relational, NoSQL and big data platforms.

Since switching to Rackspace, Tinder has seen a 4x improvement in performance and stability. Additionally, with a staff of only 40, counting 25 engineers, Tinder utilizes Rackspace for ongoing support of its IT team. This allows the corporation to focus on innovating and growing its core business while leveraging Rackspace DBA experts to assist with routine database administration and 24×7 monitoring.

“Rackspace’s offering is the best of breed,” said Ryan Ogle, CTO of Tinder. “ObjectRocket by Rackspace is the fastest, most reliable MongoDB offering that we’ve ever tried, and with Fanatical Support® and Rackspace Managed Cloud, we can rest assured knowing that we always have a team of dedicated experts on our side, operating as an extension of our in-house team. With such a popular, fast-growing app, this type of scalability and support is crucial for the success of our business.”

Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. Rackspace is also the leader in hybrid cloud, giving each customer the best fit for its unique needs — whether on single- or multi-tenant servers, or a combination of those platforms.

Inovio Pharmaceuticals, Inc. (NASDAQ:INO)

Inovio Pharmaceuticals, Inc. (INO), declared that the corporation and its academic collaborators, counting the University of Pennsylvania (UPenn), were awarded a new five-year $16 million Integrated Preclinical/Clinical AIDS Vaccine Development Program grant from the National Institute of Allergy and Infectious Diseases (NIAID).

This five-year program grant was awarded based on the clinical successes of Inovio’s PENNVAX(R) HIV vaccine program. The grant will fund research to expand PENNVAX coverage of HIV strains in addition to to further enhance antibody responses generated by the vaccine.

New PENNVAX envelope constructs will be designed and tested with Inovio’s DNA-based immune activator encoding novel cytokine genes and will be studied in a prime-boost strategy with recombinant HIV envelope proteins. The collaborators will assess different combinations in preclinical models with the aim of generating high levels of neutralizing antibodies mirroring the robust CD8+ T cell responses generated by Inovio’s PENNVAX-B DNA vaccine in formerly published clinical studies. The overall aim of this project is to further build upon this important HIV vaccine approach as well to gain fundamental insight into new technologies to improve vaccination outcomes.

As part of this grant consortium, Inovio will couple its expertise in constructing, developing and manufacturing HIV vaccines with researchers from four world-leading academic institutions (University of Pennsylvania, Emory University, Duke University and the University of Massachusetts) together with VGXi, a contract DNA plasmid manufacturer, and Waisman Biomanufacturing, a contract protein manufacturer.

Inovio Pharmaceuticals, Inc., together with its auxiliaries, discovers, develops, and develops synthetic vaccines and immune therapies focusing on cancers and infectious diseases.

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