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Saturday 1 August 2015
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Pre-Market News Analysis on: Cheesecake Factory NASDAQ:CAKE), Progenics Pharmaceuticals, (NASDAQ:PGNX), The Ultimate Software Group, (NASDAQ:ULTI), Intevac, (NASDAQ:IVAC)

On Friday, Cheesecake Factory Inc (NASDAQ:CAKE)’s shares inclined 0.99% to $55.33.

The Cheesecake Factory Incorporated declared the opening of its newest Grand Lux Cafe® restaurant in King of Prussia, Pennsylvania, a suburb of Philadelphia.

With an internationally inspired menu that crisscrosses the globe, and an in-house bakery that creates decadent desserts from scratch, a world of food awaits Philadelphia area visitors and residents at Grand Lux Cafe.

Located in the Plaza at King of Prussia Mall, Grand Lux Cafe’s newest restaurant showcases contemporary interior design features counting warm lighting, comfortable seating and two fireplaces. The new location, Grand Lux Cafe’s first in Pennsylvania, is an about 10,400 square-foot restaurant that accommodates about 255 guests.

The Cheesecake Factory Incorporated operates full-service and casual dining restaurants. The company also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors. As of May 14, 2015, it operated 190 casual dining restaurants, counting 178 restaurants under The Cheesecake Factory mark, 11 restaurants under the Grand Lux Cafe mark, and 1 restaurant under the RockSugar Pan Asian Kitchen mark in the United States and Puerto Rico, in addition to operated 9 The Cheesecake Factory branded restaurants under licensing agreements internationally. The company was founded in 1972 and is based in Calabasas Hills, California.

Progenics Pharmaceuticals, Inc. (NASDAQ:PGNX)’s shares dropped -1.87% to $6.81.

Progenics Pharmaceuticals, Inc., (PGNX), an oncology company developing innovative ways to target and treat cancer, declared that Mark R. Baker, CEO, is planned to present at the Cantor Fitzgerald’s Inaugural Healthcare Conference on Wednesday, July 8, 2015, at 4:15 p.m. Eastern Time. The conference is being held at Le Parker Meridien Hotel located at 119 W. 56th Street, New York NY 10019.

Progenics Pharmaceuticals, Inc. develops medicines for oncology in the United States and internationally. The company’s primary clinical-stage product candidates comprise prostate specific membrane antigen (PSMA) antibody-drug conjugate, which has accomplished Phase II testing in chemotherapy-practiced patients and is ongoing second cohort in chemotherapy-naïve patients for the treatment of prostate cancer; 1404, a radio-labeled small molecule that has accomplished Phase II testing, in addition to acts as an imaging agent to diagnose and detect prostate cancer; and Azedra, a radio therapeutic product candidate, which is in Phase IIb registration trial under special protocol assessment for the treatment of pheochromocytoma and paraganglioma.

At the end of Friday’s trade, The Ultimate Software Group, Inc. (NASDAQ:ULTI)‘s shares dipped -0.94% to $166.80.

Ultimate Software (Nasdaq: ULTI), a leading provider of human capital administration (HCM) solutions in the cloud, declared that the company has been ranked #6 of the “100 Best Workplaces for Millennials in the U.S.” Produced by Great Place to Work® and FORTUNE, the list is based entirely on employee surveys from published Great Place to Work® Reviews. Ultimate Software ranks in the top 10 places to work for Millennials nationally for the second successive year in the Great Place to Work® Reviews.

In just 10 years, Millennials will make up 75 percent of the workforce. To compete for top talent and ensure their long-term success, businesses must prepare to appeal to and engage this unique generation of employees. Ultimate Software and the 99 other winning companies were selected based on the evaluations of nearly 90,000 Millennial-aged employees who were surveyed using the Trust Index©, Great Place to Work®’s employee assessment survey.

The Ultimate Software Group, Inc. provides cloud-based human capital administration solutions primarily to enterprise companies in the United States. Its UltiPro software solution delivers the functionality businesses to manage the employee life cycle from recruitment to retirement.

Intevac, Inc. (NASDAQ:IVAC), ended its Friday’s trading session with 5.62% gain, and closed at $6.01.

Intevac, Inc., (IVAC) declared that company administration will take part in the 7th Annual CEO Investor Summit 2015, being held on Wednesday, July 15, 2015 in San Francisco, California.

Intevac, Inc. provides process manufacturing equipment solutions to the hard disk drive industry, and thin-film processing systems to the photovoltaic and adjacent thin-film deposition applications. The company’s Equipment segment designs, manufactures, markets, and services hard disk drive equipment products, such as disk sputtering and disk lubrication systems; and offers technology upgrades, and spare parts and consumables, in addition to installation, maintenance, and repair services.

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