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Saturday 6 June 2015
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Pre-Market News Buzz on: AVEO Pharmaceuticals, (NASDAQ:AVEO), PennTex Midstream Partners, (NASDAQ:PTXP), Halcón Resources Corporation, (NYSE:HK), Dot Hill Systems, (NASDAQ:HILL)

On Thursday, Shares of AVEO Pharmaceuticals, Inc. (NASDAQ:AVEO), gained 7.33% to $2.49.

AVEO Pharmaceuticals, declared that, following pre-submission advisory meetings to talk about the potential submission of a Marketing Authorization Application (MAA) for tivozanib in Europe for the treatment of renal cell carcinoma (RCC), it has received written confirmation of support from the Rapporteur and co-Rapporteur for the filing of such an application. The Rapporteur (from Portugal) and Co-Rapporteur (from the United Kingdom) are the two designated members of the Committee for Medicinal Products for Human Use (CHMP) who would lead the evaluation of the MAA, if presented.

AVEO Pharmaceuticals, Inc., a biopharmaceutical company, develops targeted therapies for patients with cancer and related diseases. Its product candidates under development comprise Tivozanib, an tyrosine kinase inhibitor for various vascular endothelial growth factors.

Shares of PennTex Midstream Partners, LP (NASDAQ:PTXP), inclined -2.60% to $19.48, during its last trading session.

Nasdaq (NDAQ) declared that trading of PennTex Midstream Partners, LP (PTXP) commenced on The Nasdaq Stock Market on June 4, 2015.

“We are thrilled to welcome PennTex to the Nasdaq family, and look forward to supporting the company as it continues to grow and provide meaningful energy solutions to its customers,” said Bob McCooey, Senior Vice President, Listing Services at Nasdaq.

By listing with Nasdaq, PennTex joins many of the world’s largest and most revolutionary companies. PennTex also joins over 86 energy companies listed on Nasdaq.

Headquartered in Houston, Texas, PennTex Midstream Partners, LP is a growth-oriented master limited partnership focused on owning, operating, acquiring and developing midstream energy infrastructure assets in North America. Following its initial public offering, PTXP will provide natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in the Terryville Complex in northern Louisiana.

At the end of Thursday’s trade, Shares of Halcón Resources Corporation (NYSE:HK), lost -7.69% to $1.20, as Crude prices tumbled about 2 percent for a second day on Thursday ahead of an OPEC decision likely to keep the market oversupplied and on worry rising European bond yields could tighten the availability of speculative money that had been invested in oil.

The Organization of the Petroleum Exporting Countries, meeting in Vienna, is predictable to affirm on Friday an output target of 30 million barrels per day, ignoring calls from some producers to cut supply and support prices. OPEC actually produces about 2 mill lion bpd above the target. Reuters Reports.

Halcón Resources Corporation, an independent energy company, is engaged in the acquisition, production, exploration, and development of onshore oil and natural gas properties in the United States.

Finally, Dot Hill Systems Corp. (NASDAQ:HILL), ended its last trade with 4.17% surge, and closed at $7.49, hitting its highest level.

Dot Hill Systems, declared that it is exhibiting at the HP Discover event in Las Vegas this week. More than 10,000 IT attendees, counting executives, managers, architects, engineers, and solution experts from around the world are predictable to gather at HP Discover this year. Attendees can locate the Dot Hill exhibit at booth #4536.

Dot Hill is showcasing its Ultra48(TM) and Ultra56(TM) AssuredSAN(R) ultra-density hybrid storage solutions, which are purpose-built for applications such as media & entertainment, video surveillance, telecommunications, and big data where high streaming performance is essential to maintain consistent Quality of Service. These high-density systems conserve floor space, rack space, and energy, ensuring a lower total cost of ownership. Both systems support RealStor(TM), Dot Hill’s next-generation real-time storage operating system featuring RealStream(TM) software that benefits “always-on” bandwidth-intensive applications by managing many simultaneous ingest streams with autonomic, real-time and predictive load balancing. The emergence of these new data traffic workloads created by the Internet of Things phenomena is increasing demand for storage arrays that can provide predictive intelligence to prevent crippling data stream traffic jams.

Dot Hill Systems Corp. designs, manufactures, and markets a range of software and hardware storage systems for the entry and mid-range storage markets worldwide. Its storage solutions comprise of integrated hardware, firmware, and software products employing a modular system that allows end-users to add various protocol, performance, capacity, or data protection schemes.

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