On Thursday, Ignyta Inc (NASDAQ:RXDX)’s shares declined -8.52% to $16.85.
Ignyta Inc (RXDX) declared the pricing of an underwritten public offering of 4,285,714 shares of its common stock at a price to the public of $17.50 per share. The gross proceeds from this offering are predictable to be about $75.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Ignyta. Ignyta has granted the underwriters a 30-day option to purchase up to an additional 642,857 shares of common stock in connection with the offering. The offering is predictable to close on or about June 16, 2015, subject to customary closing conditions.
Ignyta anticipates using the net proceeds from the offering to fund research and development activities for its development programs and for working capital and general corporate purposes.
Credit Suisse Securities (USA) LLC, Jefferies LLC, Leerink Partners LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering and Cantor Fitzgerald & Co. and Ladenburg Thalmann are acting as co-managers.
Ignyta, Inc., a precision oncology biotechnology company, engages in discovering or acquiring, developing, and commercializing new drugs for cancer patients. Its products pipeline comprises of entrectinib, a tyrosine kinase inhibitor directed to the Trk family tyrosine kinase receptors, ROS1, and ALK proteins, which is in two Phase I/II clinical studies in molecularly defined patient populations for the treatment of solid tumors; and RXDX-103, a development program targeting the cell division cycle 7-related and protein kinase. The company was founded in 2011 and is based in San Diego, California.
General Growth Properties Inc (NYSE:GG)’s shares gained 0.53% to $26.79.
General Growth Properties Inc (GG) declared that it has raised its credit facility from $2 billion to $3 billion and extended the term to June 10, 2020, under existing terms and conditions.
The unsecured, floating-rate facility bears interest at LIBOR plus 120 points when drawn, based on Goldcorp’s current BBB+ rating, and is intended to be used for liquidity and general corporate purposes.
BMO Capital Markets acted as Co-Lead Arranger, Joint Bookrunner and Administrative Agent, and Canadian Imperial Bank of Commerce and The Bank of Nova Scotia acted as Co-Lead Arrangers, Joint Bookrunners and Syndication Agents. The lending syndicate also comprised of Royal Bank of Canada, The Toronto-Dominion Bank, HSBC Bank USA , N.A. and Export Development Canada, acting as Co-Documentation Agents, and Bank of Tokyo-Mitsubishi (UFJ) (Canada), Mizuho Bank , Ltd., Sumitomo Mitsui Banking Corporation of Canada, Bank of America, N.A. Canada Branch , Morgan Stanley Bank N.A., Citibank N.A. Canadian Branch, Credit Suisse, Goldman Sachs Lending Partners LLC, ING Capital LLC and BNP Paribas.
Goldcorp is one of the world’s fastest growing gold producers. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.
Goldcorp Inc. engages in the acquisition, exploration, development, and operation of precious metal properties in Canada, the United States, Mexico, and Central and South America. The company primarily explores for gold, silver, copper, lead, and zinc deposits. Its principal mining properties comprise the Red Lake, Éléonore, Porcupine, and Musselwhite gold mines in Canada and the United States; the Peñasquito, Los Filos, and El Sauzal properties in Mexico; the Marlin property in Guatemala; the Alumbrera property in Argentina; and the Pueblo Viejo mine in the Dominican Republic. The company was founded in 1954 and is headquartered in Vancouver, Canada.
At the end of Thursday’s trade, E-House (China) Holdings Limited (ADR) (NYSE:EJ)‘s shares surged 0.43% to $7.02.
E-House (China) Holdings Limited (ADR) (EJ) declared that its Board of Directors (the “Board”) has received a non-binding proposal letter, dated June 9, 2015, from Mr. Xin Zhou, co-chairman of the Board and chief executive officer of E-House, and Mr. Neil Nanpeng Shen, a member of the Board, proposing a “going-private” transaction (the “Transaction”) to acquire all of the outstanding ordinary shares of E-House not already owned by Mr. Zhou, Mr. Shen or their respective associates for US$7.38 in cash per American depositary share (“ADS”), which represents a premium of 25% to the average closing trading price of the Company’s ADSs during the past 15 trading days.
Mr. Zhou, Mr. Shen and their respective associates beneficially own an aggregate of about 26% of the Company’s total issued and outstanding shares.
E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services company in the People’s Republic of China. It operates through Real Estate Online Services; Real Estate Brokerage Services; Real Estate Information and Consulting Services; Community Value-Added Services; and Other Services segments.
American Express Company (NYSE:AXP), ended its Thursday’s trading session with 0.14% gain, and closed at $80.30.
American Express Company (NYSE:AXP) will give Card Members and golf fans access at the 2015 U.S. Open at Chambers Bay Golf Course in University Place, Washington, and provide fans with interactive experiences onsite and online designed to give them an edge on the course.
American Express Assists Fans Sharpen Their Mental Edge at Chambers Bay
This year’s American Express® Championship Experience provides fans with hands-on instruction and tools designed to develop their mental edge, elevate their game and take advantage of all of the action on the course and around the Seattle-Tacoma region. Experiences comprise:
- The Mind Game Studio: Renowned sports psychologists and authors Dr. Bob Rotella and Dr. Gio Valiante teach fans how to improve their mental focus and golf game. In addition, fans can complete a digital “Mind Game Training.” Learn more below.
- Trackman Swing Zone: A professional-grade swing analysis to challenge fans’ mental toughness on the course with staged distractions that mimic the ambient challenges the pros face. American Express enhances this analysis by allowing players to compare their swings both with and without distractions to better understand how their mental focus affects their club speed, attack angle, spin rate and ball flight.
American Express Company, together with its auxiliaries, provides charge and credit payment card products and travel-related services to consumers and businesses worldwide. The company operates through four segments: U.S. Card Services, International Card Services, Global Commercial Services, and Global Network & Merchant Services.
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