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Friday 3 July 2015
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Pre-Market News Alert on: AEterna Zentaris (NASDAQ:AEZS), NXP Semiconductors NV (NASDAQ:NXPI), Consumer Portfolio Services, (NASDAQ:CPSS), Advanced Energy Industries, (NASDAQ:AEIS)

On Friday, AEterna Zentaris Inc. (USA) (NASDAQ:AEZS)’s shares declined -2.98% to $0.280.

Aeterna Zentaris Inc. (AEZS) declared that it has executed a definitive agreement with Ergomed PLC (“Ergomed”), following which Ergomed will manage the new, confirmatory Phase 3 clinical study to demonstrate the efficacy of Macrilen™ (macimorelin), a novel orally-active ghrelin agonist for use in evaluating adult growth hormone deficiency (“AGHD”).

David A. Dodd, Chairman, President and Chief Executive Officer of the Company remarked regarding the selection of Ergomed, “We have great confidence in Ergomed’s ability to conduct our confirmatory clinical study of Macrilen™ on plan and within budget. Ergomed’s performance as our clinical research organization supporting our pivotal Phase 3 ZoptEC (Zoptarelin Doxorubicin in Endometrial Cancer) study with zoptarelin doxorubicin in women with advanced, recurrent or metastatic endometrial cancer has been excellent. We are committed to Macrilen™ because of our confidence in its efficacy and safety and the medical need for such a convenient test in the absence of an FDA-approved diagnostic test for AGHD.”

Aeterna Zentaris Inc., a specialty biopharmaceutical company, engages in developing and commercializing novel treatments in oncology, endocrinology, and women’s health. The company’s product pipeline comprises MACRILEN, which accomplished the Phase 2 trial for use in the diagnosis of adult growth hormone deficiency; and zoptarelin doxorubicin, which is in Phase 3 clinical study zoptarelin doxorubicin in endometrial cancer (ZoptEC) of the compound in women with advanced, recurrent, or metastatic endometrial cancer. It is also developing two oncology compounds, counting an Erk inhibitor and luteinizing hormone-releasing hormone-disorazol Z product candidates, which are in pre-clinical development.

NXP Semiconductors NV (NASDAQ:NXPI)’s shares dropped -2.05% to $100.52.

NXP Semiconductors N.V. (NXPI), the leader in Near Field Communication (NFC) solutions, introduced the PN7120 to accelerate NFC adoption in the Internet-of-Things (IoT). The highly integrated PN7120 assists create innovative NFC solutions and enables fast exploration of new applications and use cases for IoT and the Smart Home counting a variety of appliances and consumer electronics such as home network gateways and routers, Set-Top-Boxes (STBs), audio devices, printers, gaming consoles and more.

Recently, many Smart Home devices are based on Linux or Android. The integrated solution comprises all RF communication protocols for NFC, NFC controller interface (NCI) and Linux and Android drivers to ease development. For example, integrating the PN7120 into a TV can enable convenient pairing to a router and introduce new use cases beyond traditional TV consumption such as personalized access, video on demand payment, maintenance and commissioning.

NXP Semiconductors N.V., a semiconductor company, provides high performance mixed signal and standard product solutions for radio frequency (RF), analog, power administration, interface, security, and digital processing products worldwide. It provides in-vehicle networking, car passive keyless entry and immobilization, and car radio and audio amplifiers; car solid state lighting drivers; communication products that are related to assisted and autonomous driving; ICs for e-government, transportation, and access administration; RF power amplifiers, small signal RF discretes, and RF ICs for mobile, consumer electronics, and cable television infrastructure; AC-DC power conversion ICs for notebook personal computers; low power audio ICs; and microcontrollers.

At the end of Friday’s trade, Consumer Portfolio Services, Inc. (NASDAQ:CPSS)‘s shares surged 0.15% to $6.62.

Consumer Portfolio Services, Inc. (CPSS) declared the closing of its second term securitization in 2015. The transaction is CPS’s 17th senior subordinate securitization since the starting of 2011 and the fifth successive securitization to receive a triple “A” rating on the senior class of notes.

In the transaction, qualified institutional buyers purchased $250,000,000 of asset-backed notes secured by automobile receivables purchased by CPS. The sold notes, issued by CPS Auto Receivables Trust 2015-B, comprise of five classes. Ratings of the notes were offered by Standard & Poor’s and DBRS and were based on the structure of the transaction, the historical performance of similar receivables and CPS’s experience as a servicer.

Consumer Portfolio Services, Inc. operates as a specialty finance company in the United States. The company purchases and services retail automobile contracts originated by franchised automobile dealers and select independent dealers in the sale of new and used automobiles, light trucks, and passenger vans. The company, through its automobile contract purchases, offers indirect financing to the customers of dealers with limited credit histories, low incomes, or past credit problems.

Advanced Energy Industries, Inc. (NASDAQ:AEIS), ended its Friday’s trading session with -1.52% loss, and closed at $28.56.

Advanced Energy Industries, Inc. (AEIS), the leader in precision power conversion, will present its temperature measurement and control solutions at Thermprocess 2015, the 11th international trade fair and symposium for thermo process technology, in Dusseldorf, Germany. This event is the leading forum for the presentation of highly innovative technology and environmental concepts for industrial thermal processing plants. Advanced Energy (AE) will spotlight its latest breakthroughs in advanced temperature measurement and power control, serving high-tech and industrial applications for electrical heating, melting, drying and forming for glass, hard coatings, display technologies, IR drying and more.

Advanced Energy’s full lineup of process power and thermal products will comprise:

  • Sekidenko OR4000E optical fiber thermometers (OFT) with real-time emissivity measurement and compensation, and OR400M optical pyrometers for advanced thermal measurement and control
  • Thyro-Family of thyristor power controllers (SCRs) for industrial applications requiring precise thermal control—ranging from 24 V to 690 V and 8 A to 2900 A—with innovative operating concepts, touch displays, bus communications and more

Advanced Energy Industries, Inc., together with its auxiliaries, designs, manufactures, sells, and supports power conversion and control products that transform power into various usable forms. The company operates through two segments, Precision Power Products and Inverters. The Precision Power Products segment offers thin film deposition power conversion systems, counting direct current (DC), pulsed DC low frequency, high voltage, and radio frequency (RF) power supplies, in addition to matching networks, and remote plasma sources for reactive gas applications and RF instrumentation. Its power conversion systems are used by semiconductor, solar panel, and similar thin film manufacturers, counting flat panel display, data storage, industrial hard coating and ophthalmic optical coating equipment makers, and architectural glass manufacturers.

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