On Monday, Shares of POZEN Inc. (NASDAQ:POZN), gained 7.52% to $12.44.
POZEN Inc., declared appointments to its Executive Leadership Team led by newly designated Chief Executive Officer, Adrian Adams.
“This is an exciting time for POZEN as we work to combine with Tribute and create Aralez Pharmaceuticals, a premier specialty pharmaceutical company with improved offerings and a diversified product portfolio that we believe will provide noteworthy benefits for all of our stakeholders. With the enhancements to the leadership team declared recently, I’m confident we will execute at an even faster pace as we head into this next phase of growth and success,” said Adrian Adams, Chief Executive Officer of POZEN. “I look forward to working in close partnership with Mark, Eric and Jennifer as we work together with all our valued employees to build an even stronger company.”
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.
Shares of Rexnord Corp (NYSE:RXN), inclined 0.38% to $26.09, during its last trading session.
Rexnord Corporation, declared that Non-Executive Chairman George M. Sherman has decided to retire following the Company’s Annual Meeting of Stockholders in July 2015. The Board of Directors has elected Paul W. Jones as Non-Executive Chairman effective upon Mr. Sherman’s retirement.
Mr. Sherman commented, “I am confident that Rexnord is well positioned for success and as I worked with Paul Jones during the transition, where we jointly reviewed strategy, organization/administration development and budget, it became clear to me that he will provide outstanding leadership and support to the administration team and the Board as we continue to focus on shareholder value creation. I’ve been fortunate to spend the past twelve years working with Todd Adams and the administration team to develop the Rexnord Business System into the sustainable competitive advantage it is recently. I look forward to participating in Rexnord’s continued success as a noteworthy long-term shareholder.”
Rexnord Corporation designs, manufactures, markets, and services process and motion control, and water administration products worldwide. The company operates in two segments, Process & Motion Control Platform and Water Administration Platform.
At the end of Monday’s trade, Shares of AerCap Holdings N.V. (NYSE:AER), gained 0.86% to $46.82.
AerCap Holdings, declared that AerCap Ireland Capital Limited and AerCap Global Aviation Trust, each a wholly-owned partner of the Company, priced their formerly declared offering of senior notes, comprising of $500 million aggregate principal amount of 4.250% Senior Notes due 2020 and $500 million aggregate principal amount of 4.625% Senior Notes due 2022. The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain other auxiliaries of the Company. The Issuers intend to use the net proceeds from the Notes for general corporate purposes.
Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc. and Goldman, Sachs & Co. are serving as joint book running managers for the underwritten public offering.
AerCap Holdings N.V., an independent aircraft leasing company, engages in the leasing, financing, sale, and administration of commercial aircraft and engines. The company provides aircraft asset administration and corporate services, counting remarketing aircraft; collecting rental and maintenance payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews.
Finally, Lexington Realty Trust (NYSE:LXP), ended its last trade with -0.96% loss, and closed at $9.24.
Lexington Realty Trust, declared that it declared a regular common share/unit dividend/distribution for the quarter ending June 30, 2015 of $0.17 per common share/unit payable on or about July 15, 2015 to common shareholders/unitholders of record as of June 30, 2015.
Lexington also declared that it declared a cash dividend of $0.8125 per share of Series C Cumulative Convertible Preferred Stock for the quarter ending June 30, 2015. This Series C Preferred Share dividend is payable on or about August 17, 2015, to shareholders of record of Series C Preferred Shares as of July 31, 2015.
Lexington Corporate Properties Trust operates as a self-managed and self-administered real estate investment trust (REIT). The company acquires, owns, and manages a portfolio of office, industrial, and retail properties net-leased to corporate tenants in the United States. It also provides investment advisory and asset administration services to institutional investors in the net lease area.
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