On Tuesday, Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)’s shares declined -0.53% to $163.91.
Alexion Pharmaceuticals, Inc. (ALXN) declared that administration will present at two forthcoming investor conferences:
William Blair & Company 2015 Growth Stock Conference in Chicago on Tuesday, June 9, 2015 at 12:10 p.m., Central Time (1:10 p.m. Eastern Time)
Goldman Sachs 36th Annual Healthcare Conference in Rancho Palos Verdes on Wednesday, June 10, 2015 at 8:40 a.m., Pacific Time (11:40 a.m. Eastern Time)
Alexion Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes life-transforming therapeutic products. It offers Soliris (eculizumab), a therapeutic product to treat paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder; and atypical hemolytic uremic syndrome (aHUS), a genetic disease.
Kosmos Energy Ltd (NYSE:KOS)’s shares gained 0.34% to $8.90.
Kosmos Energy Ltd (KOS) declared recently that the Tortue-1 exploration well in Block C8 offshore Mauritania has encountered additional hydrocarbons while drilling to total depth to evaluate the deeper Albian stratigraphy.
Based on the preliminary analysis of drilling results, Tortue-1 has intersected about 10 meters (32 feet) of net hydrocarbon pay in the lower Albian section, which is presently interpreted to be gas. This is in addition to the formerly declared 107 meters (351 feet) of net pay encountered in the Cenomanian, which was the primary objective. The well was drilled beyond the primary objective to obtain deeper stratigraphic information and enable seismic calibration of the Albian, which will be tested in subsequent wells. Down to total depth drilled, no water was encountered in the well.
Kosmos Energy Ltd. explores for and produces oil and gas in Africa, Europe, and South America. Its asset portfolio comprises production and other development projects in offshore Ghana, in addition to exploration licenses with hydrocarbon potential in offshore Ireland, Mauritania, Morocco, Senegal, and Suriname. The company was founded in 2003 and is based in Hamilton, Bermuda.
At the end of Tuesday’s trade, E Commerce China Dangdang Inc (ADR) (NYSE:DANG)‘s shares dipped -1.27% to $8.15.
E Commerce China Dangdang Inc (ADR) (DANG) declared its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Results
Dangdang’s total net revenues in the first quarter of 2015 were RMB2,217.3 million ($357.7 million), a 27.7% enhance from the corresponding period in 2014.
Media product revenue for the first quarter of 2015 was RMB1,260.9 million ($203.4 million), representing a 9.5% enhance from the corresponding period in 2014. General merchandise revenue for the first quarter of 2015 was RMB887.8 million ($143.2 million), representing a 71.8% enhance from the corresponding period in 2014. Other revenue counting revenue from third-party merchants for the first quarter of 2015 was RMB68.7 million ($11.1 million), representing a 1.9% enhance from the corresponding period in 2014.
Dangdang had about 10.2 million active customers counting about 4.1 million new customers in the first quarter of 2015, representing enhances of 18% and 46%, respectively, from the corresponding period in 2014. Total orders for the first quarter of 2015 were about 21.3 million, a 29% enhance from the corresponding period in 2014.
Gross margin in the first quarter of 2015 was 15.2%, contrast to 18.2% in the first quarter of 2014 and 17.1% in the fourth quarter of 2014. The year-over-year and quarter-over-quarter decreases in gross margin were due to a larger contribution of general merchandise sales as a percentage of total net revenues and a decline in logistics revenue from third-party merchants.
Fulfillment expenses which comprise warehousing, shipping and customer service expenses, were RMB202.3 million ($32.6 million), representing 9.1% of total net revenues, contrast to 9.8% in the corresponding period in 2014 and 8.8% in the fourth quarter of 2014. The year-over-year decrease in fulfillment expenses as a percentage of total net revenues was primarily due to larger order size. The quarter-over-quarter enhance as a percentage of total net revenues was the result of a seasonal decline in revenue in the first quarter, which is traditionally an off-peak season for e-commerce in China, and an enhance in headcount.
E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the Peoples Republic of China. It primarily sells books, periodicals, electronic publications, consumer electronics, and audio-visual products through its Website dangdang.com. The company also sells general merchandise products, counting fashion and apparel; beauty and personal care products; home and lifestyle products; baby, children, and maternity products; apparel and accessories; and footwear, handbags, and luggage. In addition, it operates the dangdang.com marketplace program, which enables third-party merchants to sell general merchandise products.
Diamond Offshore Drilling Inc (NYSE:DO), ended its Tuesday’s trading session with 4.19% gain, and closed at $31.35.
Loews Corporation is a diversified company with three publicly-traded auxiliaries: CNA Financial Corporation (CNA), Diamond Offshore Drilling Inc (DO) and Boardwalk Pipeline Partners, LP (BWP); and one wholly owned partner: Loews Hotels & Resorts. Loews Corporation (NYSE:L) declared recently the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable June 12, 2015 to shareholders of record on June 1, 2015.
Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company provides services in floater market, such as ultra-deepwater, deepwater, and mid-water; and non-floater or jack-up market. I
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