On Thursday, Pfizer Inc. (NYSE:PFE)’s shares inclined 0.89% to $33.47.
Pfizer Inc. invites investors and the general public to view and listen to a webcast of a conference call with investment analysts at 10 a.m. EDT on Tuesday, October 27, 2015.
The purpose of the call is to provide an update on Pfizer’s results, as reflected in the company’s Third Quarter 2015 Performance Report, to be issued that morning.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Peabody Energy Corporation (NYSE:BTU)’s shares dropped -11.39% to $1.40.
Peabody Energy (BTU) declared a 1-for-15 reverse stock split on shares of the company’s common stock. Authorization to implement the reverse stock split was approved by Peabody shareholders at a special meeting held earlier recently.
The reverse stock split is predictable to become effective at the close of business on
Sept. 30, 2015, which would result in Peabody’s common stock to start trading on a split-adjusted basis at market open on Oct. 1, 2015. Upon completion of the reverse stock split, every 15 shares of common stock owned by a shareholder will be combined into one share of common stock, and the number of outstanding shares will be reduced from about 278 million to about 19 million.
Peabody will not issue fractional shares in connection with the reverse stock split. Shareholders who would otherwise hold fractional shares following the reverse stock split will receive cash in lieu of such fractional shares. The sum will be based on the net proceeds, after customary brokerage commissions and other expenses, resulting from the transfer agent aggregating and selling all fractional share interests into the market. Such proceeds will be paid on a pro rata basis, depending on the fractional amount of shares owned.
Peabody Energy Corporation offers mining of coal. The company operates through Western U.S. Mining, Midwestern U.S. Mining, Australian Mining, Trading and Brokerage, and Corporate and Other segments. It is involved in mining and sale of thermal coal to electric utilities and metallurgical coal for industrial customers.
At the end of Thursday’s trade, REGENXBIO Inc. (RGNX)‘s shares surged 38.41% to $30.45.
Nasdaq (NDAQ) declared that trading of REGENXBIO Inc. (RGNX) commenced on The Nasdaq Stock Market on September 17, 2015.
“REGENXBIO Inc. offers a gene therapy technology platform that seeks to transform the lives of patients suffering from severe diseases with noteworthyunmet medical need,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are proud to welcome REGENXBIO to our family of pioneering companies, and we look forward to supporting its future growth and success.”
By listing with Nasdaq, REGENXBIO Inc. joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to 78 percent of health care companies listed on U.S. markets.
REGENXBIO Inc., a biotechnology company, focuses on the development, commercialization, and licensing of recombinant adeno-associated virus (AAV) gene therapy.
Southern Co (NYSE:SO), ended its Thursday’s trading session with 1.35% gain, and closed at $43.49.
Georgia Power is the largest partner of Southern Company (SO), Georgia Power declared recently that Dr. Mark Berry has been named vice president of Environmental Affairs. Dr. Berry replaces Ron Shipman, who was recently named vice president of Georgia Power’s Central Region. Preceding to joining Georgia Power, Dr. Berry served as director in the generation sector at the Electric Power Research Institute (EPRI) where he led research and development efforts in renewable energy, water administration, carbon capture and storage, and advanced fossil generation areas.
Proceeding to joining EPRI, Dr. Berry spent nearly two decades with Southern Company, counting manager of Environmental Assessment for the company’s Research and Environmental Affairs organization, in addition to director of Research and Technology Administration. In these roles, he managed the company’s regulatory response to federal rulemaking activity and the environmental science research program, in addition to research efforts around emissions controls; energy efficiency; renewables; power delivery; central station generation; and carbon-capture utilization and storage. Berry also served as director of energy and environment at the Southern Research Institute and as a surface warfare officer in the U.S. Navy with the rank of lieutenant commander.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
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