On Friday, Celgene Corporation (NASDAQ:CELG)’s shares inclined 3.17% to $116.44.
Celgene Corporation (CELG) will host a conference call and live audio webcast on Thursday, November 5, 2015 at 9 a.m. ET to talk about third quarter of 2015 financial and operational results. The third quarter will comprise the financial and operational results of Receptos Inc. following the August 27, 2015 close of the acquisition. The webcast can be accessed from the Investor Relations page at www.celgene.com.
Celgene Corporation, a biopharmaceutical company, discovers, develops, and commercializes therapies to treat cancer and inflammatory diseases in the United States and Internationally.
J C Penney Company Inc (NYSE:JCP)’s shares gained 7.12% to $9.93.
J C. Penney Company, Inc. (JCP) declared actions that will significantly reduce the benefit obligation of its qualified pension plan without requiring any cash contribution from the Company. JCPenney recently accomplished a lump-sum offer for select participants in the Plan, and it has also reached a contract with The Prudential Insurance Company of America to purchase a group annuity contract that will settle a substantial portion of JCPenney`s remaining retiree pension benefit obligations. After the closing of these transactions, which is anticipated later this year, the Plan is predictable to remain over-funded on both accounting and ERISA bases, and the Company anticipates that it will not be required to make cash contributions to the Plan for the foreseeable future.
Ed Record, chief financial officer said, “We are grateful for all the contributions our retirees have made to JCPenney. We are confident that Prudential, an expert in this field, will provide great service to our retirees receiving monthly payments.” Record continued, “These actions not only continue to provide excellent benefit security for our retirees, but also further the Company`s objective of de-risking the Plan while improving the Company`s long-term risk profile.”
J C. Penney Company, Inc., through its partner, J. C. Penney Corporation, Inc., sells merchandise through department stores in the United States.
At the end of Friday’s trade, Symantec Corporation (NASDAQ:SYMC)‘s shares surged 1.66% to $19.65.
Symantec Corp. (SYMC) declared that it has designated Dan Rogers to Chief Marketing Officer. Reporting to Symantec CEO Michael A. Brown, Rogers will oversee the company’s marketing efforts, counting brand awareness, digital marketing, demand generation and events.
Since 2013, Rogers has been Chief Marketing Officer of the EMEA-region at Salesforce, where he contributed to noteworthy enhances in revenue and unaided brand awareness. Preceding to that, he was head of global product marketing for Amazon Web Services, and formerly served in senior marketing and product administration roles at Microsoft. Rogers holds an M.B.A. with distinction from Harvard Business School.
Symantec Corporation, together with its auxiliaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in various environments from the mobile device and enterprise data center and to cloud-based systems.
Spirit Realty Capital, Inc (New) (NYSE:SRC), ended its Friday’s trading session with 0.32% gain, and closed at $9.42.
Spirit Realty Capital, Inc. (SRC) a premier net lease real estate investment trust (REIT) that invests in single-tenant, operationally essential real estate, recently declared that its Board of Directors has declared a quarterly cash dividend of $0.1700 per common share, which represents an annualized rate of $0.6800 per common share. Shareholders of record as of September 30, 2015, will receive the $0.1700 cash dividend on October 15, 2015.
Spirit Realty Capital, Inc is a publicly traded real estate investment trust. The firm primarily acquires across the United States single tenant operationally essential real estate, which refers to generally free-standing, commercial real estate facilities where tenants conduct retail, service or distribution activities that are essential to the generation of their sales and profits.
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