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Saturday 13 June 2015
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Latest Update

Afternoon Trade News Alert on: Chubb Corp (NYSE:CB), Western Digital Corp (NASDAQ:WDC), Array Biopharma Inc (NASDAQ:ARRY), Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)

On Friday, in the course of current trade, Shares of Chubb Corp (NYSE:CB), dropped -0.54%, and is now trading at $ 97.05.

Chubb Corp, declared a regular quarterly dividend in the amount of $0.57 per share payable July 14, 2015 to shareholders of record on June 26, 2015.

The Chubb Corporation, through its auxiliaries, provides property and casualty insurance to businesses and individuals. It offers personal insurance products for homes, valuable articles, homeowners, automobiles, and yachts; and personal liability, and personal accident and supplemental health insurance products.

During an Afternoon trade, Shares of Western Digital Corp (NASDAQ:WDC), dipped - 2.37%, and is now trading at $ 92.21.

Western Digital Corp, declared the first enterprise-class 10TB (terabyte) hard disk drive (HDD) for next-generation active archive applications. The host-managed Ultrastar Archive Ha10 SMR HDD sets a new standard in enabling the world’s densest server and storage systems with unprecedented TCO levels. This industry-defining product is the result of combining two complementary technologies – HGST’s second generation, field-proven HelioSeal platform and shingled magnetic recording (SMR) – to deliver unmatched storage density and power efficiency, without compromising reliability and performance predictability. With an industry-leading 10TB capacity, the Ultrastar Archive Ha10 gives customers a time-to-market capacity advantage for archival environments and applications where data is sequentially written and randomly read, such as social media, cloud storage, online backup, life sciences in addition to media and entertainment.

Western Digital Corporation, through its auxiliaries, develops, manufactures, and sells data storage solutions that enable consumers, businesses, governments, and other organizations to create, manage, experience, and preserve digital content.

Shares of Array Biopharma Inc (NASDAQ:ARRY), during its Friday’s current trading session fell 0.00%, and is now trading at $ 7.73.

Array BioPharma’s (ARRY) wholly-owned MEK inhibitor, binimetinib, and BRAF inhibitor, encorafenib, were showcased at the 2015 annual meeting of the American Society of Clinical Oncology (ASCO). At the meeting, preliminary data for the combination of binimetinib and encorafenib from a Phase 1b/2 dose escalation and expansion study in patients with BRAF-mutant melanoma who are BRAF inhibitor treatment naive were shared during an oral presentation. Results from the study indicate that binimetinib and encorafenib may be safely combined and show encouraging clinical activity compriseent with MEK/BRAF inhibitor expectations in patients with BRAF-mutant melanoma who are BRAF inhibitor treatment naive. In addition, a differentiated safety profile relative to other MEK/BRAF inhibitor combinations is emerging in the dose range presently being used in the Phase 3 COLUMBUS trial. Array anticipates updated BRAF melanoma data from the ongoing Phase 2 combination trial (LOGIC-2) of binimetinib and encorafenib followed by the addition of a third targeted agent identified based on genetic testing at the time of progression will be presented to a scientific conference later this year. LOGIC-2 utilizes the same dose of binimetinib and encorafenib presently being studied in the COLUMBUS trial.

Array BioPharma Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of small molecule drugs to treat patients with cancer in North America, Europe, and the Asia Pacific.

Finally, Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT), lost -0.51% Friday, hitting its highest level.

Starwood Hotels & Resorts Worldwide,

  • POINT 1: Four Points declared a dynamic new partnership with ONE World Sports— a multiplatform, sports network featuring exclusive, best-in-class live sporting events—to offer guests instant access to sports competition from around the globe with the touch of a finger.
  • POINT 2: Starting this Fall, Four Points properties across North America will offer guests unlimited live streaming access to the most exciting global sports events (and watch highlights from past games) through the Watch ONE World Sports app on iPads at every hotel pub. Road warrior sports fans can tap into the action, ensuring they never miss a point, aim or run. Every Four Points signature Sports Ticker stationed throughout the hotel’s public spaces will stream scores offered by ONE World Sports. Additionally, Four Points will host ONE World Sports viewing parties at its North America hotels throughout the year.
  • POINT 3: Four Points has a long-standing passion for sports, and travelers know they can always pull up a stool, order a pint of the Four Points Best Brew™ on tap— the local craft beer selected by each hotel— and settle in to root for their favorite team. And now, in partnership with ONE World Sports and its streaming global feed on the Watch ONE World Sports app, game day just got bigger and better with easy access to sporting leagues from around the globe counting the England National Cricket Team, Yomiuri Giants (Japan), Kontinental Hockey League (Russia/Europe) or the OneAsia Golf tour. The Four Points brand’s partnership with ONE World Sports will also comprise on-air commercials, branding of short-form custom program segments and complete integration in all network programming.
  • POINT 4: “An ice cold local craft brew and sports on digital demand – it’s really the perfect combination when traveling for business or pleasure to any one of our nearly 200 hotels around the world,” said Brian McGuinness, Global Brand Leader, Starwood Specialty Select Brands. “At Four Points, we’re ongoing to reinvent the travel space by giving our guests everything that matters most, with no hassle or fluff. ONE World Sports delivers the best in international live viewing sports access and is an ideal addition to our signature Four Points Pubs.”

Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.

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