On Tuesday, ICON PLC (NASDAQ:ICLR)’s shares declined -2.34% to $67.96.
On April 13, ICON PLC (ICLR), declared the release of the book “Re-Engineering Clinical Trials” (ISBN:9780124202467), edited and co-authored by Brendan Buckley, ICON’s Chief Medical Officer, and Peter Schüler, ICON’s SVP of Global Medical and Safety Services.
Joined by co-authors at AstraZeneca, Bayer, Boehringer Ingelheim, IBM, McGill University, the Tufts Center for the Study of Drug Design, and 22 other institutes and companies, Buckley and Schüler set forth a comprehensive collection of reforms for a progressive model of drug development. The editors hope to propel faster change in some businesses restrained increasingly by companies, not regulators.
In this book, ICON and industry leaders have asked and answered some critical questions about the fundamentals of clinical development.
The editors argue that most of the reforms do not require invention of new technologies or methodologies. The necessary innovations are either accessible in other industries or have already received regulatory approval and are in use in clinical trials.
“Knowledge of beneficial reforms remains siloed and not widely disseminated, making it difficult to build momentum for change. This book is part of the process for stimulating evolution of businesses by presenting these as a package for a suggested way forward,” says Schüler.
ICON Public Limited Company, a contract research organization, provides outsourced development services to the pharmaceutical, biotechnology, and medical device industries in Ireland, rest of Europe, the United States, and internationally. It develops, manages, and analyzes programs that support various stages of the clinical development process from compound selection to Phase I-IV clinical studies.
Hormel Foods Corp (NYSE:HRL)’s shares dropped -2.31% to $55.09, during the last trading session on Tuesday.
On April 20, Hormel Foods Corp (HRL), offered additional information regarding the anticipated influence of recent avian influenza outbreaks on its Jennie-O Turkey Store segment.
Highly pathogenic H5N2 avian influenza (“HPAI”) has been detected at multiple turkey farms that supply Jennie-O Turkey Store, resulting in the loss of affected flocks and temporary quarantine of farms in the area until a full cleaning process is accomplished. Lower turkey supply is predictable to influence plant operations and cause reduced sales volumes as the year progresses.
Jennie-O Turkey Store is managing the occurrences in full cooperation with the USDA Animal and Plant Health Inspection Service and state agency officials, and is collaborating closely with industry associations and other poultry companies in the region to ensure food safety and employee safety. All flocks are tested for influenza prior to processing. No birds diagnosed with HPAI are allowed to enter the food chain.
Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, counting fresh meats, frozen items, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products.
At the end of Tuesday’s trade, Wipro Limited (ADR) (NYSE:WIT)‘s shares dipped -4.28% to $12.08.
Yesterday, Wipro Limited (ADR) (WIT), declared financial results under International Financial Reporting Standards (IFRS) for its fourth quarter and year ended March 31, 2015.
Highlights of the Results
Results for the Year ended March 31, 2015:
- Total Revenues were Rupees 469.5 billion ($7.5 billion1), a raise of 8% YoY.
- Net Income2 was Rupees 86.5 billion ($1.4 billion1), a raise of 11% YoY.
- Wipro declared a final dividend of Rupees 7 ($0.11) per share/ADS, taking the total dividend declared for the year 2014-15 to Rupees 12 ($0.19) per share/ADS.
- IT Services Revenue was $7,081.6 million, a YoY raise of 7.0%.
- Non-GAAP Constant Currency IT Services Revenue in dollar terms grew 8.7% to $7,190.6 million.
- IT Services Segment Revenues in Rupee terms was Rupees 440.2 billion ($7.1 billion1), an raise of 10% YoY.
- IT Services Segment Result was Rupees 97.6 billion ($1.6 billion1), an raise of 8% YoY.
- IT Services Margins for the year was 22.2%.
Results for the Quarter ended March 31, 2015:
- Total Revenues were Rupees 121.4 billion ($1.9 billion1), a raise of 4% YoY.
- Net Income2 was Rupees 22.7 billion ($366 million1), a raise of 2% YoY.
- Non-GAAP constant currency IT Services Revenue in dollar terms grew 1.2% to $1,817.8 million, within our guidance range of $1,814 million to $1,850 million.
- IT Services Revenue was $1,774.5 million, a sequential decrease of 1.2% and YoY raise of 3.2%.
- IT Services Segment Revenues in Rupee terms was Rupees 112.4 billion ($1.8 billion1), an raise of 6% YoY.
- IT Services Segment Result was Rupees 24.8 billion ($398 million1), a decrease of 5% YoY.
- IT Services Margins was 22.0%, an expansion of 23 bps sequentially.
Wipro Limited provides information technology (IT) products and services worldwide. It operates in two segments, IT Services and IT Products. The IT Services segment offers software application development services; application maintenance services; research and development services for hardware and software design; analytics and information administration services, such as business analytics, business intelligence and performance administration, and information administration; and business process outsourcing (BPO) services, counting pre-built process asset based solutions, industry focused and platform based solutions, driving predictable business outcomes, investing in industry leading BPO platform, and integrated IT BPO services.
LinnCo LLC (NASDAQ:LNCO), ended its Tuesday’s trading session with -4.27% loss, and closed at $11.88.
On April 7, LinnCo LLC (LNCO) and LINN Energy, LLC (LINE), declared recently that administration will host a conference call on Wednesday, April 29, 2015, at 10 a.m. Central (11 a.m. Eastern) to talk about the Company’s first quarter 2015 results. Prepared remarks by Mark E. Ellis, Chairman, President and Chief Executive Officer, and Kolja Rockov, Executive Vice President and Chief Financial Officer, will be followed by a question and answer session.
LinnCo, LLC, through its limited liability company interests in Linn Energy, LLC, focuses on the acquisition and development of oil and natural gas properties in the United States. The company was founded in 2012 and is headquartered in Houston, Texas.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
