On Friday, Shares of MannKind Corp. (NASDAQ:MNKD), gained 10.06% to $4.00, after analysts at Jefferies issued a note this morning saying they see “good interest” for use of its Afrezza drug.
Afrezza, the company’s signature drug, is an inhalable product to treat diabetes.
The firm reiterated its “buy” rating with a price target of $9 following its recent Afrezza survey.
Jefferies surveyed 56 endocrinologists and primary care physicians about their predictable use of Afrezza for diabetes.
MannKind Corporation, a biopharmaceutical company, focuses on the discovery, development, and commercialization of therapeutic products for diabetes in the United States.
Shares of The Mosaic Company (NYSE:MOS), inclined 2.33% to $46.62, during its last trading session.
The Mosaic Company, declared that James “Joc” C. O’Rourke has been elected to its Board of Directors, effective recently. The Company declared yesterday that Mr. O’Rourke will succeed James T. Prokopanko as the Company’s President and CEO on August 5, 2015.
Mr. O’Rourke, 54, has served as Mosaic’s Executive Vice President - Operations and Chief Operating Officer since 2012 and joined the company as Executive Vice President - Operations in 2009. Preceding to joining Mosaic, Mr. O’Rourke was President, Australia Pacific for Barrick Gold Corporation, the largest gold producer in Australia, where he was responsible for the Australia Pacific Business Unit comprising of ten gold and copper mines in Australia and Papua New Guinea. Before that, Mr. O’Rourke held various administration, engineering and other roles in the mining industry in Canada and Australia. He holds a bachelor’s degree in mining and mineral engineering from the University of British Columbia, and a master’s degree in business administration from INSEAD in Fontainebleau, France.
The Mosaic Company produces and markets concentrated phosphate and potash crop nutrients for the agricultural industry worldwide. It operates through two segments, Phosphates and Potash. The Phosphates segment owns and operates mines in Florida.
At the end of Friday’s trade, Shares of BB&T Corporation (NYSE:BBT), lost -1.15% to $38.72.
BB&T Corporation, declared Chief Financial Officer Daryl Bible will speak at the Barclays Americas Select Franchise Conference in London, Tuesday, May 19, at 10:30 a.m. GDT.
BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services.
Finally, ARM Holdings plc (NASDAQ:ARMH), ended its last trade with -1.52% loss, and closed at $51.80.
Zebra Technologies Corporation (ZBRA), a global leader in products and solutions that provide real-time visibility into organizations’ assets, people and transactions, has collaborated with ARM, the world’s leading semiconductor intellectual property (IP) supplier, to develop an ARM® mbed™ IoT Starter Kit for Zatar. The IoT Starter Kit powered by Atmel’s Xplained board will enable simple, standards-based cloud connectivity for creating next generation Internet-aware, enterprise products integrated with the Zatar IoT cloud platform. A prototype of the IoT Starter Kit will be displayed at the Zebra booth at the 2015 Maker Faire event May 16-17, 2015 in San Mateo, California where developers and product designers can register for early access.
KEY FACTS
- As enterprises are committing to large Internet of Things (IoT) initiatives, they need to have a simple, inexpensive, standards-based artifact to start development. The ARM mbed IoT Starter Kit for Zatar is a ready-made, standards-based reference design to rapidly spur applications such as enterprise asset administration in addition to build and release next generation products to production.
- The kit will leverage the ARM mbed IoT Device Platform, counting mbed OS, and provide a full stack counting Wi-Fi connectivity, security and enterprise-grade cloud integration for product developers to use.
- ARM mbed is a key initiative for ARM and is being rapidly adopted by the embedded ecosystem to create and build standards-based IoT products. As an mbed Partner, Zebra manufactures devices, and its Zatar IoT platform uses licensed ARM technologies.
- The ARM mbed IoT Starter Kit for Zatar will enable anyone creating enterprise IoT products to reduce development time and decrease expenses, with the standards-based reference design that integrates into Zatar.
- The IoT Starter Kit will use the Atmel SAM W25 Xplained PRO prototyping and evaluation platform comprising of a pre-configured Atmel | SMART ARM microcontroller development board - featuring ARM Cortex® processors, a fully integrated Wi-Fi Network Controller and an expansion port to a collection of add-on boards for functionalities such as sensors and user I/O interfaces.
ARM Holdings plc, together with its auxiliaries, designs microprocessors, physical intellectual property (IP), and related technology and software. The company also sells development tools that enhance the performance of embedded applications. Its products comprise microprocessor cores that comprise of specific functions, such as video, graphics, and display technology IP; and physical IP components for the design and manufacture of integrated circuits, which comprise embedded memory, standard cell, and input/output components.
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