On Monday, Amarin Corporation plc (ADR) (NASDAQ:AMRN)’s shares declined -2.96% to $1.97.
Amarin Corporation plc (ADR) (AMRN) declared the presentation of findings from a new in vitro study at a peer-reviewed poster session at the American Diabetes Association Scientific Sessions in Boston, Massachusetts.
The poster, titled “Eicosapentaenoic Acid (EPA) Reduces Glucose-induced Small Dense Low-Density Lipoprotein Oxidation In Vitro in a Manner Distinct from Other Triglyceride-Lowering Agents and Vitamin E,” presents data that shows exposure to eicosapentaenoic acid (EPA), an omega-3 fatty acid, inhibited glucose-induced oxidation of small dense LDL. This study examined the effects of EPA and other triglyceride-lowering agents on human sdLDL oxidation following exposure in vitro to hyperglycemic conditions. Exposure to hyperglycemic conditions resulted in a 55% enhance in human sdLDL oxidation as contrast to non-glucose-treated controls as measured by a marker of oxidation (malondialdehyde (MDA)). EPA inhibited this glucose-induced sdLDL oxidation in a dose-dependent fashion and, at the highest concentration tested (10.0 µM), EPA inhibited sdLDL oxidation by 94% contrast to vehicle treated (ethanol) control.
Amarin Corporation plc, a biopharmaceutical company, focuses on developing and commercializing therapeutics for the treatment of cardiovascular diseases in the United States.
Momo Inc (ADR) (NASDAQ:MOMO)’s shares dropped -10.81% to $12.29.
Momo Inc. (MOMO) (“Momo” or the “Company”), a leading mobile social networking platform in China, recently declared its unaudited financial results for the second quarter 2015.
Second Quarter 2015 Highlights
- Net revenues raised 264% year over year to $30.7 million.
- Net income attributable to Momo Inc. was $1.7 million, contrast to a net loss of $7.0 million for the same period last year.
- Non-GAAP net income attributable to Momo Inc. (note 1) was $6.0 million contrast to a non-GAAP net loss of $5.4 million for the same period last year.
- Diluted net income per American Depositary Share (“ADS”) was $0.01, contrast to a diluted net loss per ADS of $1.16 for the same period last year.
- Non-GAAP diluted net income per ADS (note 1) was $0.03, contrast to a non-GAAP diluted net loss per ADS of $1.11 for the same period last year.
- Monthly Active Users (“MAU”)(1)were 78.4 million in June 2015, an enhance of 47% year over year.
Momo Inc. operates as a mobile-based social networking platform in the People’s Republic of China. The company’s platform comprises its Momo mobile application and various related features, functionalities, tools, and services that are offered to users, customers, and platform partners. Its Momo mobile application enables users to establish and expand their social relationships based on locations and interests.
At the end of Monday’s trade, Lattice Semiconductor (NASDAQ:LSCC)‘s shares dipped 0.78% to $3.90.
Lattice Semiconductor (LSCC) declared the expansion of its USB Type-C product family with the introduction of its latest SiI7012, SiI7013 and SiI7014 port controllers. Port controllers are used to configure the USB Type-C Upstream Facing Port (UFP) or Downstream Facing Port (DFP), detect cable orientation and negotiate Power Delivery (PD) on the USB Type-C connection. Lattice devices deliver space, cost and power efficient designs that provide flexibility, enabling rapid adoption for manufacturers transitioning to the latest USB Type-C interfaces. These three new designs join Lattice’s existing USB Type-C port controllers to deliver a comprehensive product portfolio.
The SiI7012 and SiI7013 port controllers offer a single integrated solution that can detect and decode Configuration Channel (CC) and Biphase Mark Code (BMC) messaging over USB Type-C connectors without the need for discrete components. These ICs work in conjunction with existing Application Processors (AP) and Embedded Controllers (EC) to provide cost-optimized USB Type-C port controllers. These solutions are compliant with the latest PD and CC requirements defined in the USB specifications. The SiI7012 comes in a small CSP package suitable for smartphones, whereas the SiI7013’s QFN package is ideal for notebooks and accessories. The SiI7014 IC supports the auxiliary channel (AUX) and Hot Plug Detect (HPD) signal required to implement DisplayPort over USB Type-C. In addition, both the SiI7013 and SiI7014 support multiple Type-C ports that are required for notebooks.
Lattice Semiconductor Corporation designs, develops, and markets programmable logic products and related software in Asia, Europe, and the Americas. It offers products based on field programmable gate arrays (FPGAs) and complex programmable logic devices (CPLDs) architectures. The company provides various lattice products, such as LatticeECP families, which are designed for customers who need programmable logic devices that offer digital signal processing capabilities; and MachXO families of versatile non-volatile reconfigurable FPGAs, which are designed for applications that are implemented using CPLDs or low-density FPGAs.
Nordstrom, Inc. (NYSE:JWN), ended its Monday’s trading session with -4.12% loss, and closed at $72.11.
Nordstrom, Inc. (JWN) declared recently that its board of directors approved a quarterly dividend of 37 cents per share payable on September 15, 2015 to shareholders of record at the close of business on August 31, 2015.
Nordstrom, Inc., a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, counting Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, counting Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance.
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