On Thursday, Shares of Pfizer Inc. (NYSE:PFE), gained 1.22% to $33.94.
Pfizer, declared that it has received a request for additional information from the U.S. Federal Trade Commission with respect to its formerly declared projected acquisition of Hospira. The request for information from the FTC, often referred to as a “second request,” was anticipated as part of the regulatory process under the Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Pfizer continues to work cooperatively and expeditiously with the FTC in connection with its review. Completion of the transaction remains subject to the expiration of the waiting period under the HSR Act, governmental and regulatory approvals in certain other jurisdictions and other usual and customary closing conditions. Pfizer and Hospira continue to expect the transaction to close in the second half of 2015.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of Alibaba Group Holding Limited (NYSE:BABA), inclined 0.99% to $88.40, during its last trading session.
Alibaba Group, declared it has agreed to take a minority stake in Shanghai YTO Express (Logistics) Co., Ltd, one of China’s leading logistics companies. Both companies will cooperate in developing optimal logistics solutions for China in order to raise operational efficiency in the industry.
YTO Express is one of 14 logistics partners that work closely with Cainiao, the logistics associate of Alibaba Group. Cainiao and YTO Express will work together to enhance the industry’s logistics administration capabilities and international and rural delivery services. This will in turn raise the bar on service quality and user experience for merchants, consumers and logistics companies.
Cainiao was founded by Alibaba Group in May 2013 in partnership with a consortium of logistics companies. Cainiao aims to build a nationwide logistics platform that connects delivery companies, warehouses and distribution centers together in order to enable higher efficiency in China’s logistics industry and a better customer and merchant experience.
Alibaba Group Holding Limited, through its auxiliaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. It operates Taobao Marketplace, an online shopping destination; Tmall, a third-party platform for brands and retailers; Juhuasuan, a group buying marketplace; Alibaba.com, an online business-to-business marketplace that focuses on global trade among businesses; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.
At the end of Thursday’s trade, Shares of Goldcorp Inc. (NYSE:GG), gained 0.72% to $19.57, as the rebound in the price of gold sends some stocks in the mining sector soared.
The precious metal moved above the $1,200 per ounce mark on Wednesday and is ongoing to rise, with gold for June delivery up by 0.27% to $1,221.50 per ounce on the COMEX.
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.
Finally, Xilinx Inc. (NASDAQ:XLNX), ended its last trade with 2.88% gain, and closed at $44.99.
Xilinx, declared that it has achieved a noteworthy milestone at 28nm with over $1B of cumulative product revenue, realized over three quarters faster than any previous node. In addition, Xilinx has attained 65 percent cumulative 28nm market segment share since it started shipping in calendar year 2012. As a sign of continued momentum, Xilinx recently concluded calendar year 2014 with about 65 percent 28nm segment share and had a stellar March 2015 quarter that exceeded its 28nm revenue target.
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which comprises of Xilinx and various third-party verification and IP cores.
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