On Tuesday, ITT Educational Services, Inc. (NYSE:ESI)’s shares declined -43.53% to $2.27.
ITT Educational Services, Inc. (ESI) declared that Daniel M. Fitzpatrick notified the Company of his plan to retire from his positions of Executive Vice President and Chief Financial Officer of the Company. Following Mr. Fitzpatrick’s notice, the Company reached a letter agreement with Mr. Fitzpatrick on April 29, 2015, following which Mr. Fitzpatrick will remain in his current positions until October 29, 2015 (the “Transition Period”). The Company may extend the Transition Period by up to four months and may terminate it at any time upon notice to Mr. Fitzpatrick. In addition, during the Transition Period, the Company is permitted to change Mr. Fitzpatrick’s role to that of Senior Advisor. It is predictable that Mr. Fitzpatrick will become a consultant to the Company for a period of 18 months following the Transition Period. Mr. Fitzpatrick has served as the Company’s Chief Financial Officer since 2005
ITT Educational Services, Inc. provides postsecondary degree programs in the United States. It offers master, bachelor, and associate degree programs to about 57,000 students, in addition to short-term information technology and business learning solutions for career advancers and other professionals.
Noranda Aluminum Holding Corporation (NYSE:NOR)’s shares dropped -30.67% to $2.08.
Noranda Aluminum Holding Corporation (NOR) declared recently the pricing of the formerly declared secondary public offering of 22,840,000 shares of the Company`s common stock held by certain funds associated with Apollo Global Administration, LLC (the “Selling Stockholders”). The Company will not sell any shares in the offering and will not receive any proceeds from the offering. Preceding to this offering, the Selling Stockholders owned or controlled about 33.1% of the Company`s outstanding shares of common stock. Following the completion of this offering, the Selling Stockholders will no longer own any shares of the Company`s common stock and we expect Matthew R. Michelini, Matthew H. Nord, Eric L. Press, and Robert J. Kalsow-Ramos, who are associates of the Selling Stockholders, to resign from our board of directors.
Noranda Aluminum Holding Corporation produces and sells primary aluminum and rolled aluminum coils in the United States. The company’s Bauxite segment mines, produces, and sells bauxite used for alumina production.
At the end of Tuesday’s trade, NewLink Genetics Corp (NASDAQ:NLNK)‘s shares dipped -29.90% to $36.55.
NewLink Genetics Corp (NLNK) declared the continuation without any modification or sample size adjustment for its pivotal, Phase 3 IMmunotherapy for Pancreatic RESectable cancer Study, called “IMPRESS,” of algenpantucel-L for patients with surgically resected pancreatic cancer following the second planned interim data analysis.
IMPRESS is a multi-center, open-label clinical trial assessing the safety and efficacy of algenpantucel-L, NewLink Genetics’ HyperAcute(R) Pancreatic Cancer immunotherapy candidate, conducted in more than 70 leading cancer centers. With 722 patients enrolled, IMPRESS is the largest trial to be accomplished in the United States for patients with resected pancreatic cancer. Algenpantucel-L has received fast-track status and orphan drug designation from the U.S. Food and Drug Administration (FDA). NewLink Genetics and the FDA reached agreement in January 2010 on a Special Protocol Assessment (SPA) on the trial design, clinical endpoints and statistical analyses plan for IMPRESS to be used in support of a Biologic License Application (BLA).
NewLink Genetics Corporation, a biopharmaceutical company, focuses on discovering, developing, and commercializing immunotherapeutic products to enhance treatment options for patients with cancer.
Barrett Business Services, Inc. (NASDAQ:BBSI), ended its Tuesday’s trading session with -29.34% loss, and closed at $35.01.
Barrett Business Services, Inc. (BBSI) declared that its board of directors has maintained the company’s regular quarterly cash dividend of $0.22 per share. The cash dividend will be paid on June 5, 2015 to all stockholders of record as of May 22, 2015.
Barrett Business Services, Inc. provides business administration solutions for small and medium-sized companies in the United States. The company has administration platform that integrates a knowledge-based approach from the administration consulting industry with tools from the human resource outsourcing industry.
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