On Wednesday, Shares of Bristol-Myers Squibb Co (NYSE:BMY), lost -0.43% to $62.39.
Bristol-Myers Squibb Company declared that the U.S. Food and Drug Administration (FDA) has extended the action date for the supplemental Biologics License Application (sBLA) for Opdivo for the treatment of patients with formerly untreated advanced melanoma. The company has taken the opportunity to submit additional data from the Opdivo clinical trial program to ensure the broadest data set, irrespective of BRAF status, was accessible for review. This submission constitutes a major amendment that will require additional time for review and the new FDA action date is November 27, 2015.
The sBLA was accepted by the FDA for filing and received precedingity review designation on April 29, 2015, and comprised of data from the Phase 3 CheckMate -066 trial which evaluated Opdivo in treatment naïve patients with BRAF wild-type advanced melanoma as contrast to dacarbazine chemotherapy (DTIC). The company will continue to work closely with the agency to support the review of this sBLA for Opdivo.
Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide. It provides chemically-synthesized drugs or small molecules, and biologics in various therapeutic areas, counting virology comprising human immunodeficiency virus infection (HIV); oncology; neuroscience; immunoscience; and cardiovascular.
Shares of OGE Energy Corp. (NYSE:OGE), inclined 1.38% to $30.80, during its last trading session.
Oklahoma Gas and Electric Company (OG&E) has been recognized in the J.D. Power and Associates’ 2015 Electric Utility Residential Customer Satisfaction StudySM, ranking highest in customer satisfaction among large utilities in the South for the third successive year.
J.D. Power uses six categories to measure customer satisfaction—power quality & reliability; price; billing and payment; corporate citizenship; communications; and customer service.
OG&E’s overall score of 710 was 14 points higher than last year. Besides the first overall ranking, OG&E came in third nationally among others in the large segment, and 12th nationally among all electric utilities.
The 2015 study is based on responses from 102,525 online interviews conducted from July 2014 through May 2015 among residential customers of the 140 largest electric utility brands across the United States, which collectively represent nearly 97 million households.
OGE Energy Corp., together with its auxiliaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity and natural gas primarily in the south central United States. The company operates in two segments, Electric Utility and Natural Gas Midstream Operations.
Finally, Golar LNG Limited (USA) (NASDAQ:GLNG), ended its last trade with 0.02% gain, and closed at $41.61.
Golar LNG Limited declared that it has approved a unit purchase program under which the Company may purchase up to $25 million worth of Golar LNG Partners L.P. outstanding units over the next 12 months. The authorization is effective right away. Given Golar LNG Partners` current yield of about 11%, the Company views this purchase program as an attractive investment opportunity.
The Company intends to purchase units from time to time for cash in open market transactions or in privately-negotiated transactions in accordance with applicable federal securities laws. The timing and the amount of any purchases will be determined by the Company`s administration based on its evaluation of market conditions, capital allocation alternatives, and other factors. The unit purchase program does not require the Company to acquire any specific number of units and may be modified, suspended, extended or terminated by the Company at any time without preceding notice. Golar will execute purchases only during periods where the executive team and the Board of Directors are not aware of material inside information that would likely affect a seller`s decision to sell.
Golar LNG Limited, a midstream liquefied natural gas (LNG) company, engages in the transportation, regasification, liquefaction, and trading of LNG. The company operates in three segments: Vessel Operations, LNG Trading, and FLNG.
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