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Sunday 24 May 2015
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Active News Buzz: Pfizer Inc. (NYSE:PFE), Boston Scientific Corporation (NYSE:BSX), Sanchez Energy Corporation (NYSE:SN), AirMedia Group Inc. (NASDAQ:AMCN)

On Tuesday, Shares of Pfizer Inc. (NYSE:PFE), gained 0.68% to $34.21.

Pfizer, invites investors and the general public to view and listen to a webcast of a conference call with investment analysts on Tuesday, June 2, 2015 at 4:30 p.m. EDT. The purpose of the call is to provide an update on Pfizer’s oncology business and to review Pfizer’s ASCO data presentations.

Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.

Shares of Boston Scientific Corporation (NYSE:BSX), inclined 0.33% to $18.12, during its last trading session.

A new study evaluating the Boston Scientific Corporation, Lotus™ Valve System demonstrated an extremely low rate of paravalvular aortic regurgitation (leakage) for a transcatheter aortic replacement valve, plus a cardiovascular mortality rate of less than two percent at 30 days.

Thirty day results for the first 250 patients in the RESPOND Post-Market Study were presented at EuroPCR 2015 in Paris by Nicolas M. Van Mieghem, M.D., co-principal investigator, Erasmus Medical Center in Rotterdam, the Netherlands. Key findings comprise the following:

  • more than 95 percent of patients at hospital discharge had no or trace paravalvular aortic regurgitation (PVL), less than 5 percent had mild PVL and no patients exhibited moderate or severe PVL (as assessed by an independent core lab);
  • the cardiovascular mortality rate was 1.6 percent at 30 days; and
  • the mean pressure gradient and effective orifice area (EOA), measures used to assess the hemodynamic performance of the valve, were 10.1 +/- 3.7 mmHg and 1.9 cm2 +/- 0.4 (both p.

Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. The company operates in three segments: Cardiovascular, Rhythm Administration, and MedSurg.

At the end of Tuesday’s trade, Shares of Sanchez Energy Corporation (NYSE:SN), lost -1.86% to $11.11.

Sanchez Energy Corporation, declared that Gleeson Van Riet has been named Senior Vice President and Chief Financial Officer of the Company, effective right away.

Preceding to this appointment, Mr. Van Riet served as Senior Vice President, Capital Markets and Investor Relations, since April 2013 and as Interim Co-Chief Financial Officer since March 2015.

Mr. Van Riet, who joined Sanchez Oil & Gas in April 2013, has over 20 years of finance experience and formerly worked as an investment banker with Credit Suisse and Donaldson, Lufkin & Jenrette.

Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast.

Finally, AirMedia Group Inc. (NASDAQ:AMCN), ended its last trade with 12.34% gain, and closed at $6.19, hitting its highest level.

AirMedia Group, declared its unaudited financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Financial Highlights

  • Total revenues reduced by 3.8% year-over-year and 9.7% quarter-over-quarter to US$61.0 million.
  • Net revenues reduced by 4.4% year-over-year and 8.4% quarter-over-quarter to US$60.3 million, surpassing the upper end of the Company’s previous guidance by US$4.3 million.
  • Net loss attributable to AirMedia’s shareholders was US$5.7 million. Basic and diluted net loss attributable to AirMedia’s shareholders per American Depositary Share (“ADS”) were both US$0.10. The year-over-year enhance in net loss attributable to AirMedia’s shareholders was partially due to income tax expenses of US$1.9 million in the first quarter of 2015, contrast to income tax benefits of US$4,000 in the same period one year ago.
  • Adjusted EBITDA attributable to AirMedia’s shareholders (non-GAAP), which is EBITDA attributable to AirMedia’s shareholders not taking into account share-based compensation expenses, was a loss of US$317,000, contrast to a loss of US$422,000 in the same period one year ago.

AirMedia Group Inc. operates out-of-home advertising platforms primarily in the People’s Republic of China. The company operates a network of digital TV screens on planes operated by seven airlines; traditional media in airports, such as light boxes, billboards, and painted advertisements; and gas station media displays, in addition to other outdoor media displays out of the air travel advertising sector.

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