On Tuesday, Shares of Sony Corp (ADR) (NYSE:SNE), lost -1.83% to $23.61.
Sony Electronics declared a new in-car High-Resolution Audio (Hi-Res Audio) line-up for the US market which comprises the RSX-GS9 digital media player ($1,499), the XM-GS4 4-channel amplifier ($299), and the XS-GS1 Super tweeter ($199). These join the formerly released XS-GS6921 rear speakers, XS-GS1621 and XS-GS1621C front speakers, XS-GSW121 and XS-GSW121D subwoofers, and XM-GS100 mono amplifier to create an unsurpassed in-car audio listening experience. The head unit RSX-GS9 is natively compatible with DSD, an audio format that reproduces music with unprecedented accuracy. All components will be accessible in December from Sony authorized car audio specialists.
Sony makes it possible to enjoy higher sound quality music by applying unique audio technologies that bring listeners closer to the spirit and intent of the artist’s original performance. The RSX-GS9 in-car digital media player joins a growing line of Sony products designed to provide consumers the best way to enjoy a fully immersive, Hi-Res Audio experience at home or on the go.
Sony Corporation designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; Blu-ray disc players and recorders, home audio, headphones, and memory-based portable audio devices; compact digital, interchangeable single-lens, and video cameras; professional solutions, such as broadcast- and professional-use products; and personal computers.
Shares of Yingli Green Energy Holding Co Ltd (ADR) (NYSE:YGE), declined -21.46% to $0.328, during its last trading session.
Yingli Green Energy Holding Company Limited (YGE), one of the world’s leading solar panel manufacturers, recently declared that its holding partner, Baoding Tianwei Yingli New Energy Company Limited, plans to restructure the repayment plan for $157 million USD (1.0 billion RMB) of mid-term notes (“MTNs”) due on October 13, 2015.
Yingli Green Energy Holding Company Limited, together with its auxiliaries, designs, develops, markets, manufactures, sells, and installs photovoltaic (PV) products in the People’s Republic of China and internationally.
Shares of POZEN Inc. (NASDAQ:POZN), declined -17.39% to $5.70, during its last trading session.
POZEN Inc. (POZN), recently declared that James P. Tursi, M.D. will be designated Chief Medical Officer of POZEN, effective October 1, 2015. Dr. Tursi will report to Adrian Adams, Chief Executive Officer of POZEN, and will be responsible for the oversight of the clinical operations, drug safety, medical and regulatory affairs functions. Dr. Tursi will also become Chief Medical Officer of Aralez Pharmaceuticals upon the anticipated business combination among Aralez, POZEN and Tribute Pharmaceuticals Canada Inc. He will play a critical role in the planned preparation of the re-submission of the YOSPRALA™ New Drug Application (NDA) in the United States, the Marketing Authorization Application (MAA) for YOSPRALA in Europe and the New Drug Submissions (NDS) for YOSPRALA and MT400 to Health Canada. Dr. Tursi will also serve on the executive leadership team. Dr. John G. Fort will serve as Chief Scientific Advisor until the middle of next year.
POZEN Inc., a pharmaceutical company, develops products for the treatment of acute and chronic pain, and pain related conditions in the United States and internationally. Its principal PA product candidates comprise PA32540 and PA8140 for secondary prevention of cardiovascular and cerebrovascular disease in patients at risk for gastric ulcers, which have accomplished clinical development in the United States.
Finally, Pioneer Energy Services Corp (NYSE:PES), ended its last trade with -0.93% loss, and closed at $2.14.
Pioneer Energy Services (PES) disclosed that it has amended its existing senior secured revolving credit facility and modified certain covenants to enhance the Company’s financial flexibility. The new agreement sets the borrowing capacity of the facility at $300 million, a reduction of $50 million from the previous facility, and provides for more flexible financial covenants. Beginning in the fourth quarter of 2015, the maximum total consolidated leverage ratio will increase to 4.50 to 1.00 and reach a maximum of 5.50 to 1.00 as of the end of the second quarter of 2016 through the first quarter of 2017. The ratio will gradually decrease and return to 4.00 to 1.00 by the end of the first quarter of 2018 and thereafter. The senior consolidated leverage ratio and interest coverage ratio remain unchanged at 2.50 to 1.00.
The amended facility maintains the previous facility’s maturity date of September 22, 2019. Currently, Pioneer has $110.0 million outstanding and $17.3 million in committed letters of credit under the senior secured revolving credit facility.
Pioneer Energy Services Corp., through its auxiliaries, provides drilling services and production services to oil and gas exploration and production companies in the United States and Colombia.
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