On Wednesday, StemCells Inc (NASDAQ:STEM)’s shares dropped -6.82% to $0.82.
On April 18, StemCells (STEM), declared that it has accomplished transplanting the six patients comprising the first cohort of its Phase II Pathway(R) Study. The first cohort is an open-label dose escalation arm to determine the cell dose to be used for the second cohort of the study. The second cohort of the study is a single-blind arm in 40 patients that will assess efficacy of the Company’s proprietary HuCNS-SC(R) (purified human neural stem cells) platform technology for the treatment of cervical spinal cord injury (SCI).
“We are breaking new ground with this study,” said Stephen Huhn, M.D., FACS, FAAP, vice president, CNS clinical research and CMO at StemCells, Inc. “This is the first controlled study to use neural stem cells with the intent to demonstrate improvement in motor function following spinal cord injury. In this first cohort, we have achieved the highest number of neural stem cells administered into the injured human spinal cord in medical history. We expect to release six month interim data on the first cohort later this year.
StemCells, Inc., a biopharmaceutical company, researches, develops, and commercializes cell-based therapeutics and related technologies for stem cell-based research and drug discovery and development. It engages in clinical development of its platform technology, HuCNS-SC, a purified human neural stem cells used as a potential treatment for disorders of the central nervous system.
At the end of Wednesday’s trade, H&E Equipment Services, Inc (NASDAQ:HEES)‘s shares dipped -6.79% to $24.98.
On April 21, H&E Equipment Services, (HEES), declared that it will release its 2015 first quarter financial results before the market on Thursday, April 30, 2015. The Company will also hold a conference call to talk about first quarter results on Thursday, April 30, 2015, at 10:00 a.m. (Eastern Time).
H&E Equipment Services, Inc. operates as an integrated equipment services company. The company rents, sells, and provides parts and service support for hi-lift or aerial work platform equipment, crane, earthmoving equipment, and industrial lift truck categories. It offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis.
D.R. Horton, Inc (NYSE:DHI), ended its Wednesday’s trading session with -5.36% loss, and closed at $27.03.
Yesterday, D.R. Horton, Inc (DHI), America’s Builder, stated that net income for its second fiscal quarter ended March 31, 2015 raised 13% to $147.9 million, or $0.40 per diluted share, from $131.0 million, or $0.38 per diluted share in the same quarter of fiscal 2014. Homebuilding revenue for the second quarter of fiscal 2015 raised 38% to $2.3 billion from $1.7 billion in the same quarter of fiscal 2014. Homes closed in the quarter raised 33% to 8,243 homes, contrast to 6,194 homes in the preceding year quarter.
For the six months ended March 31, 2015, net income raised 14% to $290.4 million, or $0.79 per diluted share, from $254.1 million, or $0.73 per diluted share in the same period of fiscal 2014. Homebuilding revenue for the six months ended March 31, 2015 raised 38% to $4.6 billion from $3.3 billion in the first six months of fiscal 2014. Homes closed in the six-month period raised 31% to 16,216, contrast to 12,382 homes in the same period of fiscal 2014.
Net sales orders for the second quarter ended March 31, 2015 raised 30% to 11,135 homes and 33% in value to $3.2 billion, contrast to 8,569 homes and $2.4 billion in the preceding year quarter. The Company’s cancellation rate (cancelled sales orders divided by gross sales orders) for the second quarter of fiscal 2015 was 20%. Net sales orders for the first six months of fiscal 2015 raised 32% to 18,505 homes from 14,023 homes in the first six months of fiscal 2014 and the value of net sales orders raised 35% to $5.3 billion from $3.9 billion.
The Company’s sales order backlog of homes under contract at March 31, 2015 raised 21% to 12,177 homes and 27% in value to $3.6 billion, contrast to 10,059 homes and $2.8 billion at March 31, 2014.
The Company has declared a quarterly cash dividend of $0.0625 per common share. The dividend is payable on May 27, 2015 to stockholders of record on May 15, 2015.
D.R. Horton, Inc. operates as a homebuilding company. It is engaged in the acquisition and development of land; and construction and sale of residential homes in 27 states and 79 markets in the United States under the names of D.R. Horton, Americas Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, and Crown Communities.
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