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Tuesday 14 July 2015
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Volume Active Stocks on Trader’s Radar: Exelixis, (NASDAQ:EXEL), Chicago Bridge & Iron Company, (NYSE:CBI), CA, (NASDAQ:CA), California Resources Corporation, (NYSE:CRC)

On Friday, Shares of Exelixis, Inc. (NASDAQ:EXEL), surged 10.29% to $3.43.

Exelixis, declared that Michael M. Morrissey, Ph.D., the company’s president and chief executive officer, will provide an overview of the company at the Bank of America Merrill Lynch 2015 Health Care Conference taking place May 12-14 in Las Vegas, NV. The Exelixis presentation is planned for 12:00 p.m. PDT/3:00 p.m. EDT on Tuesday, May 12, 2015.

Exelixis, Inc., a biopharmaceutical company, develops and sells small molecule therapies for the treatment of cancer in the United States. The company offers COMETRIQ, an inhibitor of multiple receptor tyrosine kinases for the treatment of patients with progressive, metastatic medullary thyroid cancer.

Shares of Chicago Bridge & Iron Company N.V. (NYSE:CBI), declined -3.11% to $48.01, during its last trading session.

Chicago Bridge & Iron Company, declared an interim dividend on common stock of $0.07 per share, payable June 30, 2015, to shareholders of record as of June 19, 2015.

Chicago Bridge & Iron Company N.V. provides conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program administration, and environmental services worldwide. The company’s Engineering, Construction and Maintenance segment offers engineering, procurement, and construction services for energy infrastructure facilities, in addition to comprehensive and integrated maintenance services.

At the end of Friday’s trade, Shares of CA, Inc. (NASDAQ:CA), gained 0.64% to $31.60.

CA, stated financial results for its fourth quarter and full fiscal year 2015, ended March 31, 2015.

Mike Gregoire, CA Technologies Chief Executive Officer, said:

“In fiscal year 2015, we focused our efforts on our go-to-market strategy, introduced new products and strengthened relationships with our customers. As demonstrated by this quarter’s results, however, we still have work to do to drive the kind of growth that our company has the potential to achieve.

“I am convinced that we have set in place the appropriate strategy to transform CA and return it to growth. We are making progress in differentiating and building new products that assist our customers succeed in the Application Economy. We have also significantly improved the underlying efficiency of our business.

“In fiscal year 2016, we will make the required investments to drive innovation, while ongoing to demonstrate financial discipline by expanding full year operating margin by two percentage points to 39 percent, not taking into account the impact of any future material acquisitions.

“Over the medium term, I am confident that we can achieve sustainable low- to mid-single digit cash flow growth.”

CA, Inc. provides information technology (IT) administration software and solutions that assist organizations develop, manage, and secure IT environments in the United States and internationally. It operates through Mainframe Solutions, Enterprise Solutions, and Services segments. The Mainframe Solutions segment offers products spanning various product areas, such as systems administration, automation, application development, database administration, and security.

Finally, California Resources Corporation (NYSE:CRC), ended its last trade with 6.02% gain, and closed at $8.10.

California Resources Corporation, declared that its executives will be participating in the following forthcoming conferences: Citi Global Energy & Utilities Conference on May 12th in Boston, Morgan Stanley E&P and Oil Services Conference also on May 12th in Houston and the UBS Global Oil and Gas Conference on May 19th in Austin, Texas.

California Resources Corporation operates as an oil and natural gas exploration and production company in the State of California. It produces oil, natural gas, and natural gas liquids. The company holds interests in about 2.4 million net acres. It also gathers, processes, and markets oil and gas products, in addition to produces and sells power. The company is headquartered in Los Angeles, California.

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