On Monday, Hemispherx BioPharma, Inc (NYSEMKT:HEB)’s shares declined -0.44% to $0.225.
Hemispherx BioPharma, Inc (HEB) declared its financial results for the three months ended March 31, 2015. The net loss (counting non-cash effects) was about $3,445,000 or $(0.02) per share as contrast to a net loss of $3,836,000 or ($0.02) per share for the same three month period in 2014. Cash, cash equivalents and marketable securities were about $17,005,000 at March 31, 2015 as contrast to $16,108,000 as of December 31, 2014.
Our European partner, Hemispherx Biopharma Europe N.V./S.A., received formal notification from the European Commission [EU/3/15/1480-EMA/OD/310/14] approving its Orphan Medicinal Product Application for Ampligen(R), an experimental therapeutic, to treat Ebola Virus Disease (EVD).
Hemispherx Biopharma, Inc., a specialty pharmaceutical company, engages in the clinical development of new drug therapies based on natural immune system enhancing technologies for the treatment of viral and immune based chronic disorders in the United States.
Deutsche Bank AG (USA) (NYSE:DB)’s shares dropped -1.13% to $29.87.
Deutsche Bank AG (USA) (DB) is happy to declare the appointment of Blake Hallinan as Head of Global Retail Investment Banking Coverage. Hallinan will join Deutsche Bank later this summer after over 15 years at Bank of America Merrill Lynch, where he was a Managing Director in the firm’s Consumer and Retail investment banking group.
Hallinan has an impressive record of accomplishment in the retail sector, having recently led deals for Susser Holdings, Zale, Party City and Men’s Wearhouse. He will be based in New York and will report to Jeff Rose who has been named Global Co-Head of Consumer, Retail and Services Investment Banking Coverage, and to Scott Bell, also co-head of the team and Co-Head of UK Corporate Finance. Rose joined Deutsche Bank last year to lead Consumer Banking in the Americas and has meaningfully improved the Bank’s planned positioning in the region.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
At the end of Monday’s trade, Uranium Energy Corp. (NYSEMKT:UEC)‘s shares dipped -2.34% to $2.92.
Uranium Energy Corp. (UEC) declared that its Yuty ISR Project in Paraguay has received a signed resolution from the Ministry of Public Works and Communication (“MOPC”), the national agency that regulates mining in Paraguay, advancing the Project from the Exploration Phase into the Exploitation Phase. The Company is informed that the Yuty Project is only the third mining project to achieve the Exploitation Phase since the current Paraguayan mining law was promulgated in 2007.
In Paraguay, UEC controls one of the largest in-situ recoverable property positions in the world with about 750,000 acres of prospective area. The Company’s Yuty Project has a National Instrument 43-101 (“NI 43-101″) Measured and Indicated Resource1 of 8.914 million pounds grading 0.052% U3O8 with an Inferred Resource of 2.226 million pounds grading 0.047% U3O8. The Company’s Oviedo Project has an Exploration Target2 of 23 to 56 million pounds grading 0.040% to 0.052% U3O8. Historic exploration by the Anschutz/Taiwan Power/Korea Electric Power joint venture, Cameco/Cue Resources, and recent exploration by UEC totals about US$50M in advancing these projects.
Uranium Energy Corp. engages in the exploration, extraction, and processing of uranium concentrates on projects located in the United States and the Republic of Paraguay. As of July 31, 2014, it had mineral rights in uranium projects located in the states of Arizona, Colorado, New Mexico, Texas, and Wyoming, in addition to in the Republic of Paraguay. The company was formerly known as Carlin Gold Inc. and changed its name to Uranium Energy Corp. in January 2005. Uranium Energy Corp. was incorporated in 2003 and is based in Corpus Christi, Texas.
Honeywell International Inc. (NYSE:HON), ended its Monday’s trading session with -0.13% loss, and closed at $104.06.
Honeywell International Inc. (HON) and Tata Power Delhi Distribution (TPDDL) recently declared that they have successfully implemented the first ever automated demand response (ADR) project for commercial and industrial facilities in India.
TPDDL is using Honeywell technology and services to link more than 160 buildings in its distribution network, and call for temporary reductions in energy use when demand threatens to outpace supply. This comprises power administration during periods of peak consumption, in addition to other grid emergency situations. ADR gives the grid operator a new, domestic resource to assist alleviate stress on transmission and distribution lines, and improve supply efficiency.
Given the gap between the power required for homes and businesses in India, and what utilities can produce, many cities across the country face severe brownouts and blackouts. The demand for electricity in Delhi, for example, has almost doubled over the past decade.
With nearly 50 percent of the country’s peak load tied to commercial and industrial sites,
the ability to adjust related energy use is critical. Grid operators like TPDDL can use ADR to assist reduce peak load in a facility 15 percent on average, creating a “virtual power plant” that generates “negawatts” or reduced demand.
Honeywell International Inc. operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment provides aircraft engines, integrated avionics, systems and service solutions, and related products and services for aircraft manufacturers and operators, airlines, military services, and defense and space contractors; and spare parts, and repair and maintenance services for the aftermarket.
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