On Thursday, Actinium Pharmaceuticals Inc (NYSEMKT:ATNM)’s shares declined -3.36% to $2.88.
Actinium Pharmaceuticals Inc (ATNM) declared that it reached subscription agreements with certain investors to sell about $5 million of its common stock in a registered direct offering. Under the terms of the subscription agreements, the Company will issue an aggregate of 1,923,078 shares of the Company’s common stock at a purchase price of $2.60 per share. The offering is predictable to close on or about June 10, 2015, subject to the satisfaction of customary closing conditions. This financing was led by investor Dr. Phillip Frost.
Actinium anticipates using the net proceeds for general corporate purposes, counting capital expenditures, the advancement of our product candidates in clinical trials, such as Iomab™-B and Actimab-A, preclinical trials, to support licensing activities, and to meet working capital needs.
Laidlaw & Company (UK) Ltd. acted as the sole placement agent with respect to the offering.
Actinium Pharmaceuticals, Inc., a biopharmaceutical company, develops drugs for the treatment of cancer. The company develops therapies for life threatening diseases using its alpha particle immunotherapy platform and other related and similar technologies. Its products comprise Actimab-A, an antibody-drug construct, which comprises monoclonal antibody Lintuzumab and alpha emitting radioisotope actinium 225; and is in multicenter Phase I/II clinical trials for acute myeloid leukemia (AML).
Avago Technologies Ltd (NASDAQ:AVGO)’s shares dropped -1.30% to $141.20.
Avago Technologies Ltd (AVGO) declared that its Board of Directors has approved a quarterly, interim cash dividend of $0.40 per ordinary share.
The dividend is payable on June 30, 2015 to shareholders of record at the close of business (5:00 p.m.) Eastern Time on June 19, 2015.
Avago Technologies Limited designs, develops, and supplies semiconductor devices with a focus on analog III-V based products. The company operates through four segments: Wireless Communications, Wired Infrastructure, Enterprise Storage, and Industrial & Other segments. Its product portfolio comprises RF power amplifiers, RF filters, RF front end modules, ambient light sensors, proximity sensors, low noise amplifiers, multimarket-wave mixers, diodes, fiber optic transceivers, serializer/deserializer ASICs, and optical laser and receiver components.
At the end of Thursday’s trade, Costco Wholesale Corporation (NASDAQ:COST)‘s shares dipped -1.04% to $140.65.
Costco Wholesale Corporation (COST) stated net sales of $8.98 billion for the month of May, the four weeks ended May 31, 2015, an enhance of two percent from $8.78 billion during the similar period last year. For the thirty-nine weeks ended May 31, 2015, the Company stated net sales of $85.31 billion, an enhance of four percent from $81.99 billion during the similar period last year.
Costco presently operates 674 warehouses, counting 475 in the United States and Puerto Rico, 89 in Canada, 35 in Mexico, 26 in the United Kingdom, 20 in Japan, 11 in Korea, 10 in Taiwan, seven in Australia and one in Spain. The Company plans to open up to an additional 14 new warehouses (counting one relocation to a larger and better-located facility) prior to the end of its fiscal year on August 30, 2015. Costco also operates electronic commerce web sites in the U.S., Canada, the United Kingdom and Mexico.
Certain statements contained in this document and the pre-recorded telephone message constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. For these purposes, forward-looking statements are statements that address activities, events, conditions or developments that the Company anticipates or anticipates may occur in the future. Such forward-looking statements involve risks and uncertainties that may cause actual events, results or performance to differ materially from those indicated by such statements. These risks and uncertainties comprise, but are not limited to, domestic and international economic conditions, counting exchange rates, the effects of competition and regulation, uncertainties in the financial markets, consumer and small business spending patterns and debt levels, breaches of security or privacy of member or business information, conditions affecting the acquisition, development, ownership or use of real estate, capital spending, actions of vendors, rising costs associated with employees (generally counting health care costs), energy and certain commodities, geopolitical conditions, and other risks identified from time to time in the Company’s public statements and reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we do not undertake to update these statements, except as required by law.
Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories. It provides dry and institutionally packaged foods; snack foods, candy, tobacco, alcoholic and nonalcoholic beverages, and cleaning and institutional supplies; appliances, electronics, health and beauty aids, hardware, garden and patio, and office supplies; meat, bakery, deli, and produce; and apparel, small appliances, and home furnishings.
Vera Bradley, Inc. (NASDAQ:VRA), ended its Thursday’s trading session with -4.69% loss, and closed at $11.59.
Vera Bradley, Inc. (VRA) declared its financial results for the fiscal first quarter ended May 2, 2015.
Summary of Financial Performance
Net revenues from ongoing operations totaled $101.1 million for the current year first quarter ended May 2, 2015, contrast to $112.2 million in the prior year first quarter ended May 3, 2014.
For the current year first quarter, the Company posted a net loss from ongoing operations of $4.1 million, or $0.10 per diluted share. Those results comprised of net after-tax charges of $4.2 million comprised of:
- $2.1 million related to the planned closing of its Indiana manufacturing facility, primarily related to severance and lease termination charges;
- $1.5 million related to other severance and restructuring charges; and
- $0.6 million related to an income tax adjustment for an enhance in income tax reserves for uncertain federal and state tax positions related to research and development tax credits.
Not taking into account these charges, the Company’s net income from ongoing operations totaled $0.1 million, or $0.00 per diluted share. In the prior year first quarter ended May 3, 2014, net income from ongoing operations totaled $6.9 million, or $0.17 per diluted share.
Vera Bradley, Inc., together with its auxiliaries, designs, manufactures, and sells handbags, accessories, and luggage and travel items for women of all ages under the Vera Bradley brand. The company offers totes, crossbodies, satchels, clutches, and backpacks bags, in addition to baby bags and lunch bags; accessories, such as wallets, wristlets, eyeglass cases, jewelry, and scarves; and travel products comprising rolling luggage, cosmetics, and travel and packing accessories, in addition to travel bags comprising of duffel and weekend bags.
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