On Tuesday, Shares of Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN), lost -4.06% to $7.09.
Achillion Pharmaceuticals declared that Milind Deshpande, Ph.D., President and Chief Executive Officer of Achillion, will present a corporate overview at two forthcoming investor conferences:
- Baird 2015 Healthcare Conference on Wednesday, September 9, 2015 at 12:15 p.m. ET at the New York Palace Hotel in New York, NY; and
- Morgan Stanley Global Healthcare Conference on Thursday, September 17, 2015 at 10:35 a.m. ET at The Grand Hyatt Hotel in New York, NY.
Achillion Pharmaceuticals, Inc., a biopharmaceutical company, discovers, develops, and commercializes anti-infective drug therapies in the United States and internationally. It focuses on developing combination therapies for the treatment of chronic hepatitis C (HCV) infection and drug-resistant bacterial infections.
Shares of Coca-Cola Enterprises Inc (NYSE:CCE), declined -1.09% to $50.93, during its last trading session.
Coca-Cola Enterprises said that Chairman and Chief Executive Officer John F. Brock and Chief Financial Officer Nik Jhangiani will present at the Barclays Global Consumer Staples Conference in Boston on Wednesday, September 9 at 12:45 p.m. EDT.
Coca-Cola Enterprises, Inc. produces, distributes, and markets non-alcoholic beverages in Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, and Sweden.
At the end of Tuesday’s trade, Shares of Trina Solar Limited (ADR) (NYSE:TSL), lost -4.83% to $8.47.
Trina Solar Limited, declared its unaudited financial results for the second quarter of 2015.
Second Quarter 2015 Financial and Operating Highlights
- Total module shipments from the Company’s manufacturing facilities were 1,231.6 MW, comprising of 1,000.7 MW of external shipments and 230.9 MW of shipments to the Company’s own downstream PV power projects, an improvement of 20.0% sequentially and 30.6% year-over-year. This compares to the Company’s guidance of 1,100 MW to 1,140 MW of total module shipments.
- Total 121.3 MW of PV power projects connected to the grid in the second quarter, contrast with the Company’s guidance of 65 MW to 70 MW.
- Net revenues were $722.9 million, an improvement of 29.5% from the first quarter of 2015 and 39.2% from the second quarter of 2014.
- Gross margin was 20.0%, contrast with 18.0% in the first quarter of 2015 and 15.4% in the second quarter of 2014.
- Operating income was $60.7 million, an improvement of 108.1% from the first quarter of 2015 and 286.5% from the second quarter of 2014.
- Net income was $43.1 million, an improvement of 174.8% from the first quarter of 2015 and 317.8% from the second quarter of 2014.
- Earnings per fully diluted American Depositary Share were $0.42, contrast with $0.16 in the first quarter of 2015 and $0.14 in the second quarter of 2014.
- The Company raised its guidance for 2015 total PV module shipments to 4.9 GW to 5.1 GW from its original guidance of 4.4 GW to 4.6 GW, of which 700 MW to 800 MW of PV modules will be shipped to the Company’s PV power projects. The total shipment volume represents an improvement of 33.9% to 39.3% from 2014.
Trina Solar Limited operates as an integrated solar-power products manufacturer and solar system developer in the People’s Republic of China, Europe, the United States, and other Asia Pacific regions.
Finally, Marriott International Inc (NASDAQ:MAR), ended its last trade with -2.22% loss, and closed at $69.09.
The Ritz-Carlton Hotel Company, declared that from 1 September the Elizabeth Park Hotel, Budapest, a Ritz-Carlton Partner Hotel will be managed by the company and following an extensive renovation program, the hotel will be re-launched as The Ritz-Carlton, Budapest in Spring 2016.
The centrally located, 198-room hotel will undergo a comprehensive renovation, which comprises the addition of The Ritz-Carlton Club, new luxury suites and fresh concepts at the hotel’s dining outlets.
“It is an honor to bring The Ritz-Carlton experience to Hungary at the heart of this vibrant capital city. We are looking forward to opening the newest European hotel in Budapest in 2016,” said Herve Humler, President, and Chief Operating Officer.
Marriott International, Inc. operates franchises, and licenses hotels and timeshare properties worldwide. It operates through three segments: North American Full-Service, North American Limited-Service, and International.
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