On Monday, Arena Pharmaceuticals, Inc. (NASDAQ:ARNA)’s shares inclined 1.58% to $4.49.
Arena Pharmaceuticals, Inc. (ARNA) declared that its CFO Robert E. Hoffman would be leaving the company on July 10.
Hoffman will be leaving after spending the last 18 years with the company as he accepts an offer with another unnamed biopharmaceutical company.
The company did not name a replacement for Hoffman, but did say that current vice president, accounting and controller Jennifer K. Bielasz will continue to play a leading role in the company’s finance department.
Arena Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes novel drugs that target G protein-coupled receptors. The company offers BELVIQ, a drug used to treat chronic weight administration in adults. It is also developing a portfolio of programs in various therapeutic areas, counting cardiovascular, central nervous system, and metabolic diseases.
Discover Financial Services (NYSE:DFS)’s shares gained 0.65% to $59.13.
Finicity Corp.™ (www.finicity.com), makers of the popular personal finance application Mvelopes (www.mvelopes.com) and Discover Personal Loans are working together to assist consumers take control over their finances. Finicity’s Financial Wellness programs, counting Mvelopes, assist keep people on track with their spending, budget, and planned loan repayment.
This unique program brings together the power of Discover’s Personal Loans, backed by Finicity’s tools; education and accountability, to assist consumers eliminate high interest debt. Once approved for a personal loan, Mvelopes users can sync their Discover Personal Loan with their web and mobile app to assist them stay on top of payments and focus on paying their balances off as quickly as possible.
Discover Financial Services operates as a direct banking and payment services company in the United States. It operates in two segments, Direct Banking and Payment Services. The Direct Banking segment offers Discover-branded credit cards to individuals; and other consumer products and services, counting private student loans, personal loans, home loans, home equity loans, prepaid cards, and other consumer lending, in addition to deposit products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, and individual retirement arrangement certificates of deposit.
At the end of Mondays trade, Devon Energy Corp (NYSE:DVN)‘s shares surged 0.62% to $61.35.
Devon Energy Corp (DVN) declared that its board of directors declared a quarterly cash dividend on Devon’s common stock for the third quarter of 2015. The dividend is payable on Sept. 30, 2015, at a rate of $0.24 per share based on a record date of Sept. 15, 2015.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs) in the United States and Canada. It holds interests in various properties located in Anadarko Basin, Barnett Shale, Eagle Ford, Mississippian-Woodford Trend, Permian Basin, and Rockies in the United States, in addition to in the Jackfish and Pike heavy oil projects located in Alberta, Canada. As of December 31, 2014, the company had 689 MMBoe of proved undeveloped reserves. It operates about 19,000 wells.
Statoil ASA(ADR) (NYSE:STO), ended its Monday’s trading session with 0.54% gain, and closed at $18.53.
Statoil ASA (ADR) (STO) has hit gas in the Gymir prospect in the Aasta Hansteen area together with its PL602 partners.
With the latest discovery, the company has struck a hat trick in the Aasta Hansteen area and has assisted in unlocking the full potential of the area.
The three discoveries – Snefrid Nord, Roald Rygg and Gymir – combined are estimated to hold total volumes of 75–120 million barrels of recoverable oil equivalent. This corresponds to around 1/3 of the recoverable volumes at Aasta Hansteen.
In order to enhance utilization of the infrastructure and extend the production plateau, the discoveries will now be further appraised for future ties in the Aasta Hansteen facilities.
Drilled by the Transocean Spitsbergen rig in the Gymir prospect, the well 6706/11-2, established a gross 70-meter gas column in the Nise Formation with good reservoir qualities.
Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally. The company operates through Development and Production Norway; Development and Production International; Marketing, Processing and Renewable Energy; and Other segments.
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