On Monday, Intrexon Corp (NYSE:XON)’s shares declined -6.61% to $42.59.
Intrexon Corporation (XON) declared that it has reached a partnership with an investment fund sponsored by Harvest Capital Strategies, LLC. The fund is believed to be the world’s first that is dedicated to the inventions and discoveries of a single company.
Intrexon has agreed to provide the fund a noteworthy number of investment proposals from across five sectors – Health, Energy, Food, Environment and Consumer – that are suitable for pursuit by a startup, counting several in 2015. With respect to such proposals, Intrexon will provide the fund with exclusive rights of first-look and first negotiation. Intrexon presently sees the potential to form up to ten new companies per year, each of which will have access to Intrexon’s proprietary technology platform through an Exclusive Channel Collaboration. Although the partnership with the fund will be complimentary to programs already underway at Intrexon, nothing in the arrangement will limit the Company’s ability to execute other collaborations and joint ventures.
Intrexon Corporation, a biotechnology company, operates in the synthetic biology field in the United States. The company, through a suite of proprietary and complementary technologies, designs, builds, and regulates gene programs, which are DNA sequences that comprise of key genetic components. Its technologies comprise UltraVector gene design and fabrication platform, and its associated library of modular DNA components; cell systems informatics; RheoSwitch inducible gene switch; AttSite Recombinases; protein engineering; mAbLogix; and laser-enabled analysis and processing. Intrexon Corporation has partnership agreements with ZIOPHARM Oncology, Inc.; Synthetic Biologics, Inc.; Oragenics, Inc.; Fibrocell Science, Inc.; Genopaver, LLC; AquaBounty Technologies, Inc.; S & I Ophthalmic, LLC; Biological & Popular Culture, Inc.; OvaXon, LLC; Intrexon Energy Partners, LLC; and Persea Bio, LLC; and planned partnershipand licensing agreement with Merck Serono S.A. The company was formerly known as Genomatix Ltd. and changed its name to Intrexon Corporation in 2005. Intrexon Corporation was founded in 1998 and is based in Germantown, Maryland.
Hain Celestial Group Inc (NASDAQ:HAIN)’s shares dropped -0.60% to $60.13.
Hain Celestial Group, Inc. (NASDAQ: HAIN), to declare the recent launch of several new lines of coffeehouse-style beverages featuring the goodness of tea plus on-trend flavors like Dirty Chai and Matcha Green. The brand’s new Celestial™ Lattes are accessible in both ready-to-drink bottles and concentrated formats, while new Celestial™ Teahouse Chai Teas are offered in traditional tea bags.
The Hain Celestial Group, Inc., together with its auxiliaries, manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products comprise infant formula, rice, non-dairy beverages, frozen desserts, flour and baking mixes, breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola and cereal bars, canned, chilled fresh, aseptic and instant soups, and greek-style yogurt, in addition to infant, toddler, and kids foods.
At the end of Monday’s trade, Siliconware Precision Industries (ADR) (NASDAQ:SPIL)‘s shares dipped -3.89% to $6.18.
Siliconware Precision Industries Co., Ltd. (SPIL) (Taiwan Stock Exchange: 2325.TT, NASDAQ: SPIL) declared that regarding the declarement of Advanced Semiconductor Engineering, Inc. (“ASE”) to propose a tender offer for SPIL’s common shares and/or ADSs, the Company was not aware of such matter in advance.
The Company will take all actions in accordance with the applicable laws upon receipt of the public tender offer prospectus, and will provide a formal response, together with recommendation and explanations, to the Company’s shareholders within seven (7) days.
Siliconware Precision Industries Co., Ltd. provides semiconductor packaging and testing services to semiconductor suppliers worldwide. Its packaging and testing solutions comprise advanced packages, substrate packages, and lead-frame packages, in addition to testing for logic and mixed signal devices to measure and ensure the performance, functionality, and reliability of packaged semiconductor devices.
Campbell Soup Company (NYSE:CPB), ended its Monday’s trading session with -3.29% loss, and closed at $47.01.
Campbell Soup Company (CPB) offered an update on the company’s key planned imperatives. Led by President and Chief Executive Officer Denise Morrison, executives outlined important actions the company is taking to reshape Campbell and improve its growth trajectory by strengthening its core business and expanding into faster-growing spaces. This comprises Campbell’s plans to change many of its recipes, to build stronger connections with consumers and to enhance the company’s focus on faster-growing categories, such as health and well-being and developing markets.
Providing Consumers with Information on How Campbell’s Food Is Made
Morrison and Americas Simple Meals and Beverages President Mark Alexander outlined plans to assist consumers access a wide range of information about how Campbell’s foods and beverages are made and the choices behind ingredients, particularly in its core U.S. Soup, Sauces and Beverages portfolio. Campbell is making this information accessible on www.whatsinmyfood.com.
The site provides detail on several of Campbell’s top brands, such as iconic Campbell’sCondensed Tomato and Chicken Noodle soups, Slow Kettle Style and Healthy Request soups and Campbell’s Dinner Sauces. Over the next year, Campbell will expand its efforts to comprise all major brands in the U.S. and Canada, with plans to expand it globally over the next three years.
Campbell Soup Company, together with its auxiliaries, manufactures and markets convenience food products. It operates through U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice segments. The U.S. Simple Meals segment offers Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pasta, beans and dinner sauces; and Swanson canned poultry .
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