On Tuesday, VeriFone Systems Inc (NYSE:PAY)’s shares inclined 1.06% to $29.43.
VeriFone Systems, Inc. (PAY) announced that its Commander Site Controller and Ruby2 POS solutions have been selected by The Fikes Companies for deployment across its entire chain of CEFCO Convenience Stores. One of the top 40 largest company-operated convenience store chains in the U.S., CEFCO operates 227 convenience stores within Alabama, Arkansas, Florida, Louisiana, Mississippi, Oklahoma and Texas.
VeriFone Systems, Inc. designs, markets, and services electronic payment solutions at the point of sale (POS) worldwide. It provides countertop electronic payment systems that accept card payment options, such as NFC, mobile wallets, chip and PIN, and contactless payments, as well as support credit and debit card, EBT, EMV, and other PIN-based transactions; and a portfolio of application libraries and development tools.
POZEN Inc. (NASDAQ:POZN)’s shares gained 6.45% to $9.90.
POZEN Inc. (POZN) declared the acquisition of Tribute Pharmaceuticals Canada Inc. (TBUFF), a Canadian specialty pharmaceutical company, in a transaction valued at about US$146 million. Upon completion of the acquisition, which is predictable to occur in the fourth quarter of 2015, the combined company will be named Aralez Pharmaceuticals plc and domiciled in Ireland. Upon closing, Aralez is predictable to trade on NASDAQ and TSX.
The acquisition will create a premier specialty pharmaceutical company with a broad portfolio of commercial products and a growth plan focused on innovative products and acquisitions and the commercialization of portfolio products in the United States and Canada. The Company will also be well positioned to expand its foreign presence through potential international sales and licensing, manufacturing and product development.
Recently, POZEN’s lead proprietary product is YOSPRALA™, a coordinated-delivery tablet designed to provide the cardiovascular benefit of aspirin while reducing its gastrointestinal side effects. POZEN also has two commercial pain products, VIMOVO® and Treximet®, which are marketed by partners worldwide. Tribute’s highly complementary portfolio comprises Fibricor®, Bezalip® SR and Visken®/Viskazide® for various cardiovascular indications; Cambia® and Fiorinal® and Fiorinal® C for acute migraines and tension headaches, respectively; and a range of other specialty products. Tribute also is pursuing active and ongoing business development activities.
POZEN Inc., a pharmaceutical company, develops products for the treatment of acute and chronic pain, and pain related conditions in the United States and internationally. Its principal PA product candidates comprise PA32540 and PA8140 for secondary prevention of cardiovascular and cerebrovascular disease in patients at risk for gastric ulcers, which have accomplished clinical development in the United States. At the end of Tuesday’s trade,
Public Service Enterprise Group Inc. (NYSE:PEG)‘s shares surged 0.76% to $39.60.
PennEast Pipeline Company LLC (PennEast) declared awards of $50,000 through its Community Connector Grant Program, bringing the program’s investment in Pennsylvania and New Jersey communities to $240,000 to date.
Projects benefitting from the Community Connector Program comprise: a rain garden for sedimentation control; funding for environmental educational programs; and hydraulic rescue equipment, to name a few. The following area not-for-profit organizations have been selected to receive the grants:
- Carbon County Environmental Center
- Dimmick Memorial Library (Jim Thorpe, PA)
- Franklin Township Volunteer Fire Company (Lehighton, Pa.)
- Lehigh Township Emergency Administration
- Lehigh Township Volunteer Fire Company #1
- Lehighton Shade Tree Commission
- Penn Kidder Library Center
- Quakertown Volunteer EMS (Pittstown, NJ)
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.
Discovery Communications Inc. (NASDAQ:DISCA), ended its Tuesday’s trading session with 1.58% gain, and closed at $26.99.
Discovery Communications, Inc. (DISCA) stated financial results for the second quarter ended June 30, 2015.
Second Quarter Results
Second quarter revenues of $1,654 million raised $44 million, or 3%, over the second quarter a year ago, led by 5% growth at U.S. Netoperates and 1% growth at International Netoperates. Adjusted Operating Income Before Depreciation and Amortization reduced 2% to $680 million, as 7% growth at U.S. Netoperates was more than offset by an 11% decline at International Netoperates and a small operating loss at Education and Other. Total Company revenues grew 11% and Adjusted OIBDA grew 6% not taking into account currency effects, as changes in foreign currency exchange rates reduced both second quarter revenue and Adjusted OIBDA growth by 8%. Not taking into account currency effects, the impact of Eurosport and the consolidation of Discovery Family, total Company revenues raised 4% and Adjusted OIBDA raised 3%.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments.
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