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Monday 22 June 2015
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Pre-Market Stocks Roundup: Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA), Raytheon Company (NYSE:RTN), Brixmor Property Group Inc (NYSE:BRX)

On Friday, Shares of Silver Standard Resources Inc. (USA) (NASDAQ:SSRI), lost -0.29% to $6.84.

Silver Standard Resources Inc., declared that it has attained C$1,500,000 worth of common shares of Golden Arrow Resources Corporation (WKN:A0B6XQ) at a price of C$0.35 per Share.The Company paid for the Shares by transferring to Golden Arrow 214,592 common shares of Pretium Resources Inc. at a price of C$6.99 per Pretium Share.

As a result of the Transaction, Silver Standard’s holdings in Pretium are reduced to 17,104,865 Pretium Shares, representing about 12.9% of the issued and outstanding Pretium Shares.

Silver Standard Resources Inc. engages in the acquisition, exploration, development, and operation of precious metal mineral properties in the Americas. The company primarily explores for silver, gold, zinc, and lead deposits.

Shares of Ariad Pharmaceuticals, Inc.(NASDAQ:ARIA), declined -0.34% to $8.77, during its last trading session.

Ariad Pharmaceuticals, Inc., declared that ARIAD has granted Paladin exclusive rights to distribute Iclusig (as ponatinib hydrochloride) in Canada for its newly approved indications. Paladin is focused on acquiring or in-licensing innovative pharmaceutical products for the Canadian market.

Health Canada approved Iclusig for the treatment of adult patients with all phases of chronic myeloid leukemia (CML) or Philadelphia chromosome-positive acute lymphoblastic leukemia (Ph+ ALL) for whom other tyrosine kinase inhibitor (TKI) therapy is not appropriate, counting CML or Ph+ ALL that is T315I mutation positive, or where there is preceding TKI resistance or intolerance. Iclusig will be made accessible through a controlled distribution program, whereby prescribers who have accomplished the certification procedure will be able to prescribe Iclusig.

ARIAD Pharmaceuticals, Inc., an oncology company, engages in the discovery, development, and commercialization of medicines for cancer patients. The company offers Iclusig (ponatinib), a tyrosine kinase inhibitor (TKI) for the treatment of adult patients with chronic myeloid leukemia (CML), and Philadelphia chromosome-positive acute lymphoblastic leukemia in the United States, Europe, and other territories.

At the end of Friday’s trade, Shares of Raytheon Company (NYSE:RTN), lost -0.63% to $100.60.

The U.S. Navy has awarded Raytheon Company (RTN) a multi-year contract valued at $153 million to produce 53 maritime, littoral and overland surveillance radars for its fleet of Boeing P-8A Poseidon aircraft.

The AN/APY-10 delivers accurate and actionable information in all weather, day and night, for anti-submarine and anti-surface warfare, and for intelligence, surveillance and reconnaissance missions. It offers a dedicated periscope detection mode, long-range detection and classification of maritime targets, and synthetic aperture for overland surveillance.

Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS).

Finally, Brixmor Property Group Inc (NYSE:BRX), ended its last trade with -0.21% loss, and close at $24.08.

Brixmor Property Group Inc, declared that it has established an “at the market” stock offering program through which it may sell up to an aggregate of $400 million of its common stock. The stock would be offered through RBC Capital Markets, BNY Mellon Capital Markets, LLC, Jefferies, MUFG, Scotiabank and SunTrust Robinson Humphrey, who will be acting as sales agents.

The program would allow the Company to sell up to $400 million of its common stock from time to time through the sales agents for about a three-year period. The sales, if any, would be made in “at the market” offerings as defined in Rule 415 of the Securities Act of 1933. In addition, the common stock may be offered and sold through privately negotiated transactions. The Company intends to use the proceeds from any offering for general corporate purposes.

Brixmor Property Group Inc. owns and operates various grocery-anchored community and neighborhood shopping centers in the United States. As of March 31, 2013, the company owned interests in 532 community and neighborhood shopping centers comprising 526 wholly owned community and neighborhood shopping centers; and 6 community and neighborhood shopping centers held through unmerged real estate joint ventures. Brixmor Property Group Inc. was formerly known as CENTRO SUPER RESIDUAL HOLDING 2 LLC.

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