On Thursday, Shares of Merck & Co., Inc. (NYSE:MRK), gained 1.27% to $59.00.
Merck (MRK), known as MSD outside the United States and Canada, and The University of Texas MD Anderson Cancer Center declared that they have reached a planned clinical research partnership to evaluate Merck’s anti-PD-1 therapy, KEYTRUDA (pembrolizumab), in combination with other treatments, such as chemotherapy, radiation therapy and/or novel antitumor medicines.
Under the terms of the agreement, collaborative studies will be conducted in the following tumor types: gastroesophageal adenocarcinoma, pancreatic adenocarcinoma, and hepatocellular carcinoma — over the three year period of the collaboration. The first studies are planned to start enrolling later this year.
The agreement aims to define what combination modalities will work best with KEYTRUDA in these types of tumors by exploring promising new alternatives. The studies will be conducted in parallel, in order to determine optimal regimens in the most efficient manner possible. All studies will feature state-of-the-art monitoring protocols and built-in flexibility to take advantage of the very latest information accessible.
Merck & Co., Inc. provides health care solutions worldwide. The company offer therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases.
Shares of Republic Services, Inc. (NYSE:RSG), declined -0.19% to $42.79, during its last trading session.
Republic Services, declared that its Board of Directors has approved a 2-cent enhance in the Company’s regular quarterly dividend. The quarterly dividend of $0.30 per share will be paid on Oct. 15, 2015, to shareholders of record on Oct. 1, 2015.
Donald W. Slager, president and chief executive officer, said, “Our Board of Directors raised the quarterly dividend by about 7 percent, which reflects Republic’s continued commitment to enhance cash returns to our shareholders and confidence in the strength of our business.”
Republic Services, Inc., together with its auxiliaries, provides non-hazardous solid waste collection, transfer, recycling, and disposal services for commercial, industrial, municipal, and residential customers in the United States.
Finally, Polycom Inc (NASDAQ:PLCM), ended its last trade with 0.18% gain, and closed at $11.14.
Polycom stated second quarter 2015 revenues of $317 million, non-GAAP net income of $30 million and non-GAAP earnings per diluted share of 22 cents. GAAP net income for the second quarter was $20 million, or 14 cents per diluted share.
In the second quarter, the company delivered year-over-year growth in operating margins and earnings-per-share consistent with their expectations, despite a more challenging quarter from a top-line perspective, said Peter Leav, President and Chief Executive Officer. The company continues to be focused on investing in new solutions for both core and adjacent markets and working closely with our planned partners, while improving sales execution in the field.
In the second quarter, the company continued to be good stewards of their capital, said Laura Durr, Chief Financial Officer and Executive Vice President. Polycom generated $33 million in operating cash flow and repurchased $25 million of common stock under their current share repurchase program during the quarter.
Polycom, Inc. provides partnership solutions for voice, video, and content sharing. The company offers video, voice, and content-administration and content-sharing solutions, such as telepresence and conference room systems, home/work office solutions, applications for mobile devices, browser-based video collaboration, and cloud-delivered services, in addition to industry-specific solutions, counting specialized video carts and solutions for healthcare, education, and manufacturing.
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.
