On Thursday, Shares of Arrowhead Research Corp (NASDAQ:ARWR), lost -1.37% to $5.77.
Arrowhead Research Corporation, declared financial results for its fiscal 2015 third quarter ended June 30, 2015. The company is hosting a conference call at 4:30 p.m. EDT to talk about results.
Fiscal 2015 Third Quarter and Recent Company Highlights
ARC-520
- Received regulatory permission to initiate three multiple-dose Phase 2b studies in the United States (Heparc-2004) and in Germany and Hong Kong (Heparc-2002 and 2003)
- Accomplished dosing of four cohorts in a single-dose Phase 2a study (Heparc-2001) and expanded the study to comprise three additional cohorts
- Accomplished dosing in a non-clinical study in chronically infected chimpanzees that spanned more than a year
- Highlights of the Phase 2a and chimpanzee studies to be presented at an analyst day planned for September 24, 2015
Arrowhead Research Corporation develops novel drugs to treat intractable diseases in the United States. The company’s principal product candidates comprise ARC-520, an RNAi-based therapeutic that is in Phase IIa clinical trial to treat chronic hepatitis B virus infection; and ARC-AAT, a novel unlocked nucleobase analog containing RNAi-based therapeutic for the treatment of liver disease associated with alpha-1 antitrypsin deficiency.
Shares of Fortinet Inc (NASDAQ:FTNT), inclined 0.04% to $46.50, during its last trading session.
Fortinet, declared its FortiSandbox results from the NSS Labs Breach Detection Systems (BDS) Group Test — an independent, real-world, third-party assessment. In the tests, FortiSandbox demonstrated the optimal combination of protection, performance and price, earning NSS Labs’ coveted ‘Recommended’ rating. This important third-party validation further demonstrates the efficacy of Fortinet solutions in protecting enterprise customers from sophisticated cyber threats. Earning this latest rating also establishes Fortinet as the only company to deliver an integrated, end-to-end Advanced Persistent Threat (APT) protection solution with each component independently validated and Recommended by NSS Labs.
The NSS Labs BDS test utilized a rigorous testing methodology (established together with leading vendors in the industry) designed to reflect the challenges faced by IT professionals in detecting formerly unknown and often targeted attacks engineered to circumvent conventional endpoint and perimeter security solutions. When put to the test, Fortinet’s FortiSandbox detected the majority of advanced exploits and malware within minutes, delivered gigabit throughput performance, and achieved these results with the overall lowest total cost of ownership (TCO) among the competing products.
Fortinet’s FortiSandbox is a key component of the company’s innovative Advanced Threat Protection (ATP) Framework that comprises FortiGate Next Generation Firewall (NGFW) and Next Generation Intrusion Prevention System (NGIPS), FortiWeb Web Application Firewall (WAF) in addition to FortiClient Endpoint Protection. These integrated products have been independently tested by NSS Labs against other leading vendors and have been found to deliver superior protection, performance and price, with each component ultimately earning NSS Labs’ Recommended rating.
Fortinet, Inc. provides cyber security solutions for enterprises, service providers, and government organizations worldwide. The company offers FortiGate physical and virtual appliances products that provide various integrated security and networking functions to protect data, applications, and users from network- and content-level security threats; FortiManager product family to manage the system configuration and security functions of multiple FortiGate devices from a centralized console; and the FortiAnalyzer product family, which enables the collection, analysis, and archiving of content and log data generated by its products.
At the end of Thursday’s trade, Shares of T. Rowe Price Group Inc (NASDAQ:TROW), gained 0.48% to $75.83.
T.Rowe Price Group declared that its Board of Directors has declared a quarterly dividend of $0.52 per share payable September 29, 2015 to stockholders of record as of the close of business on September 15, 2015.
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. (troweprice.com) is a global investment administration organization with $773.0 billion in assets under administration as of June 30, 2015. The organization provides a broad array of mutual funds, subadvisory services, and separate account administration for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research.
T.Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Through its auxiliaries, it launches and manages equity and fixed income mutual funds.
Finally, H & R Block Inc (NYSE:HRB), ended its last trade with 0.23% gain, and closed at $35.58.
H&R Block, declared that H&R Block, H&R Block Bank and BofI have received regulatory approvals from the Office of the Comptroller of the Currency (OCC) and the Board of Governors of the Federal Reserve System (Federal Reserve) to proceed with the purchase and assumption agreement formerly declared on April 10, 2014. Under the agreement, H&R Block Bank has agreed to sell certain assets and transfer certain liabilities, counting all of its deposit liabilities, to BofI.
“We are very happy that we were able to obtain approvals from the OCC and the Federal Reserve to proceed with this agreement,” said Bill Cobb, H&R Block’s president and chief executive officer. “Then, promptly after closing, we expect to receive approval from the Federal Reserve to deregister, and cease being regulated, as a savings and loan holding company. This transaction is another positive step in our multiyear efforts to exit noncore businesses and is in the best interests of our company and our shareholders. We’ve selected a great partner in BofI, and I’m confident that together we’ll continue to deliver best-in-class service and tremendous value for our clients.”
H&R Block anticipates the ongoing annual net financial impact to be dilutive by about $0.08 to $0.10 per share starting in fiscal year 2016. The company also anticipates to incur one-time charges for transaction and related costs of about $0.02 to $0.03 per share in fiscal year 2016. All per share amounts are based on current fully diluted shares outstanding.
H&R Block, Inc., through its auxiliaries, provides tax preparation, banking, and other services to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees; and online tax services, such as tax advice, professional and do-it-yourself (DIY) tax return preparation, and electronic filing services through its Website hrblock.com.
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