On Wednesday, DryShips Inc. (NASDAQ:DRYS)’s shares declined -4.91% to $0.693.
DryShips Inc. (DRYS) declared recently the results of its 2015 Annual General Meeting of Shareholders.
The following proposals were approved and adopted at the Meeting:
- the election of Mr. George Xiradakis as Class B Director of the Company to serve until the 2018 Annual General Meeting of Shareholders; and
- the approval of the appointment of Ernst & Young (Hellas) Certified Auditors Accountants S.A., as the Company’s independent auditors for the fiscal year ending December 31, 2015.
DryShips Inc. provides ocean transportation services for drybulk and petroleum cargoes, and offshore deepwater drilling services. The company operates through Drybulk, Tanker, and Drilling segments. The Drybulk segment provides drybulk commodities transportation services for the steel, electric utility, construction, and agri-food industries. The Drilling segment offers ultra deep water drilling services.
Avalanche Biotechnologies Inc (NASDAQ:AAVL)’s shares dropped -0.76% to $16.92.
Glancy, Prongay & Murray LLP declares that it is investigating potential claims on behalf of investors of Avalanche Biotechnologies, Inc. (AAVL) (“Avalanche” or “the Company”). The investigation focuses on whether the Company and its officers violated securities laws, by misleading investors regarding the strength of its Phase 2 clinical trials, and hid the fact that the trial was not designed to show statistically noteworthy differences between the control and active groups.
On June 15, 2015, Avalanche stated that the company’s treatment for wet age-related macular degeneration met its primary endpoint. In a conference call, after the close of trading on June 15, 2015, however, the Company indicated that the study wasn’t designed to show statistically noteworthy differences between active and control groups. On this news, shares of Avalanche fell $21.88 per share, or 56%, to close on June 16, 2015 at $17.05 per share.
Avalanche Biotechnologies, Inc., a clinical-stage biotechnology company, focuses on discovering and developing novel gene therapies for the treatment of ophthalmic diseases based on its Ocular BioFactory platform. Its lead product candidate comprises AVA-101, which is in a Phase IIa trial for the treatment of wet age-related macular degeneration (AMD).
At the end of Wednesday’s trade, GoPro Inc (NASDAQ:GPRO)‘s shares surged 1.39% to $59.00.
Surfline/Wavetrak Inc. and GoPro declared the return of the GoPro of the World Powered By Surfline contest. The digital contest is an opportunity for surfers to capture the thrill of surfing from a variety of unique perspectives, bringing viewers together with them onto the wave. Surfline and GoPro will award $20,000 to the surfer who captures the single best GoPro video clip between June 1st and October 31st, 2015 anywhere on Planet Earth. A new addition this season is the Best Drone category, which awards the best drone clip with a prize pack from 3DR Solo.
The GoPro of the World judging panel features Cyrus Sutton, Pete Hodgson and Mike Prickett. For both awards, the judging criteria will comprise of 25% cinematography and composition, 25% perspective and degree of difficulty of shooting, 25% beauty, lighting and wave quality, and 25% performance and style.
The contest format comprises of 10 monthly finalists chosen by the judges. The selected clips are featured on Surfline and then go to a user vote — the winning three clips receive GoPro cameras and Surfline Premium memberships. The overall favorite clip takes home $1,000 cash, courtesy of GoPro.
GoPro, Inc. develops hardware and software solutions to alleviate consumer pain points associated with capturing, managing, sharing, and enjoying engaging content. The company offers HERO line of capture devices, such as cameras; premium accessories, counting battery BacPac, smart remote, and LCD touch BacPac accessories; and mounts comprising equipment-based mounts comprising of helmet, handlebar, roll bar, and grip and tripod mounts that enable consumers to capture content while engaged in a range of activities, in addition to mounts that enable customers to wear the mount on their bodies, such as wrist housings, chest harnesses, and head straps.
The Western Union Company (NYSE:WU), ended its Wednesday’s trading session with -0.70% loss, and closed at $21.14.
The Western Union Company (WU) has launched a global program to mark the unveiling of their re-branded marketing platform, ‘This is WU’. The new program ‘WU Wish’ will encourage people to describe their hopes and aspirations for a family member or family situation and the WU Wish program will make 10 of these wishes come true.
The company says its new branding platform focuses on creating connections, and WU Wish is an apt start to several other program that are slated to further enhance customer involvement, interaction and impact. The first phase of WU Wish will kick-off during the holy month of Ramadan.
During Ramadan, Western Union will take its WU Wish platform further by awarding 10 consumers with AED10,000 each to fulfil a wish for someone else. In addition, they will also win travel vouchers worth AED10,000 each, in order to undertake personal visits to loved ones. Other program prizes comprise weekly Iftar meals for up to 15 people, especially created and catered to the households of winning wish nominees. All winners will be chosen by draw.
The Western Union Company provides money movement and payment services worldwide. The company operates in three segments: Consumer-to-Consumer, Consumer-to-Business, and Business Solutions. The Consumer-to-
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