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Saturday 26 September 2015
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Latest Update

Traders Recap on Notable Stocks: Sirius XM Holdings Inc. (NASDAQ:SIRI), Ericsson (ADR)(NASDAQ:ERIC), Amgen, Inc.(NASDAQ:AMGN), News Corp (NASDAQ:NWSA)

On Monday, Sirius XM Holdings Inc. (NASDAQ:SIRI)’s shares inclined 0.65% to $3.85.

SiriusXM declared that rock icon Keith Richards sat down for an intimate conversation with esteemed journalist David Fricke at the SiriusXM studios in New York City.

The interview will feature the Rock & Roll Hall of Fame inductee talking about his life and musical career with The Rolling Stones, in addition to giving in-depth insight into his new album. Crosseyed Heart is Richards’ first solo album since 1982 and is planned to be released on Friday, September 18. Listeners will hear songs from Crosseyed Heart throughout the special broadcast.

The in-depth interview will air nationwide on Friday, September 18 at 8:00 pm ET on SiriusXM’s The Spectrum, via satellite on channel 28 and through the SiriusXM App on smartphones and other connected devices, in addition to online at siriusxm.com.

Sirius XM Holdings Inc., through its auxiliaries, provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, counting various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic reports for 22 metropolitan markets.

Ericsson (ADR) (NASDAQ:ERIC)’s shares dropped -0.42% to $9.42.

Global leaders in the mobile and enterprise industries, Ericsson (ERIC), Hewlett-Packard (HPQ) and Aruba Netoperates, an HP company, are joining forces to drive innovation in mobile networking. The companies will bring to market a ground-breaking set of Wi-Fi and LTE solutions providing customers with ubiquitous voice and data connectivity.

There is a rapidly growing need to maximize the benefits of licensed and unlicensed spectrum operating together in the Enterprise. To capture this business opportunity, Ericsson is incorporating Aruba`s 802.11ac enterprise Wi-Fi technology into the Ericsson RBS 6402 indoor picocell. Carrying the Ericsson brand, the solution will work seamlessly with the rest of the Aruba Wi-Fi portfolio and with the Ericsson radio access network to deliver users pervasive connectivity indoors.

Ericsson and HP have also signed bilateral resale agreements. Ericsson can offer Aruba`s enterprise Wi-Fi and connectivity solutions together with Ericsson`s portfolio of mobility solutions and global services to customers worldwide. Additionally, these agreements allow HP to resell Ericsson`s industry-leading licensed band indoor small cell solutions, and bring the full value of licensed and unlicensed mobile networking to HP`s global base of enterprise customers.

Ericsson provides communications technology and services worldwide. The company’s Netoperates segment delivers products and solutions for mobile access, Internet protocol (IP) and transmission netoperates, core netoperates, and cloud.

At the end of Monday’s trade, Amgen, Inc. (NASDAQ:AMGN)‘s shares dipped -2.32% to $147.09.

Amgen (AMGN) and Dezima Pharma B.V. (Dezima) declared that the companies have reached a definitive acquisition agreement under which Amgen will acquire Dezima, a privately-held, Netherlands-based biotechnology company focused on developing innovative treatments for dyslipidemia. Dezima shareholders have approved the agreement.

Dezima’s lead molecule is TA-8995, an oral, once-daily cholesteryl ester transfer protein (CETP) inhibitor. In a Phase 2b clinical trial for dyslipidemia, TA-8995 reduced low-density lipoprotein cholesterol (LDL-C) by 45 to 48 percent contrast to baseline. LDL-C reduction was compriseent when TA-8995 was administered as monotherapy or in combination with statins. The most common adverse events were nasopharyngitis and headache.

Under the terms of the agreement, Amgen will pay $300 million in cash at closing and up to $1.25 billion in additional payments if certain development and sales milestones are achieved. Low single-digit royalties will be paid on net product sales above a certain threshold. The agreement is subject to customary closing conditions, counting regulatory approvals, and is predictable to close in the fourth quarter of this year. Following the completion of the transaction, Dezima Pharma, which originally licensed rights to TA-8995 from Mitsubishi Tanabe Pharma Corporation (MTPC), will become a wholly owned partner of Amgen. MTPC will receive from Dezima a portion of the upfront payment, future development and sales milestone payments, and royalties on net product sales if a certain threshold is reached. MTPC will also retain development and commercialization rights to TA-8995 in certain territories in Asia, counting Japan.

Amgen Inc., a biotechnology company, discovers, develops, manufactures, and delivers human therapeutics worldwide. It focuses for the treatment of illness in the areas of oncology, hematology, inflammation, bone health, nephrology, cardiovascular, and general medicine.

News Corp (NASDAQ:NWSA), ended its Monday’s trading session with 0.08% gain, and closed at $12.93.

News America Marketing, a partner of News Corp (NWSA), News America Marketing (NAM), the premier publisher of coupons in the U.S. and Canada, producing billions of coupons annually, declared that printing coupons from their popular savings website SmartSource.com is now simpler and easier than ever thanks to new coupon printing technology. The patented print solution allows consumers to print coupons without the burdensome requirement of downloading coupon printing software, making the process more streamlined while incorporating the controls needed to maintain coupon integrity and security.

After listening to consumer feedback and acknowledging the need for a new print-at-home solution, News America Marketing worked for over two years to formulate the ideal solution. The groundbreaking result is a patented solution that benefits both manufacturing and consumer constituencies by giving manufacturing clients the print security they need without requiring coupon printing software. The solution was soft-launched last month, and has seen print success improve by rates approaching 100% over the previous solution.

News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, counting newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, in addition to applications for mobile devices, tablets, and electronic readers.

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.




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