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Sunday 11 October 2015
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Current Trade News Alert on: Time Warner Cable Inc (NYSE:TWC), Men’s Wearhouse Inc (NYSE:MW), Constellium NV (NYSE:CSTM), Relypsa Inc(NASDAQ:RLYP)

During Thursday’s Current trade, Shares of Time Warner Cable Inc (NYSE:TWC), gain 1.01% to $190.69.

Time Warner Cable Inc. (TWC) declared a new two-year aim to reduce its carbon intensity by 30 percent by 2016 year end. The company measures all three emissions scopes laid out by Greenhouse Gas (GHG) protocol, a widely used international accounting tool to manage greenhouse gas emissions. TWC will assess its carbon intensity starting early 2015 and focus reduction efforts on fleet administration and energy efficiency.

Earlier this year, TWC declared it achieved a 38 percent carbon intensity reduction, surpassing the 15 percent two-year aim set in 2012. The new aim comprises an undertaking to invest in fuel efficient vehicles and continue planned partnerships such as EPA Clean Cities Clean Fleets. In addition, the company will aim to reduce cooling power consumption, pursue LEED elements in all new buildings and seek new renewable energy opportunities.

Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service. The Business Services segment provides data services, counting Internet access, network services, and wholesale transport services; and video services, such as various video programming tiers and music services.

Shares of Men’s Wearhouse Inc (NYSE:MW), declined -1.66% to $46.81, during its current trading session.

The Men’s Wearhouse (MW) declared merged financial results for the fiscal second quarter ended August 1, 2015.

GAAP diluted EPS for fiscal second quarter 2015 was $0.98 and adjusted EPS was $1.07 not taking into account non-operating items(1).

Doug Ewert, Men’s Wearhouse chief executive officer, stated, “We continue to be happy with the performance of our legacy brands. Comparable sales raised 3.1% at Men’s Wearhouse, 0.7% at Moores and 6.7% at K&G. Not Taking Into Account rental revenue, Men’s Wearhouse clothing comps were 6.5% driven by higher average unit retails. Men’s Wearhouse comparable rental revenue reduced 3.3% which was slightly better than internal expectations.

The Men’s Wearhouse, Inc. operates as a specialty apparel retailer in the United States, Puerto Rico, and Canada. The company operates in two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, sportswear, outerwear, dress shirts, dress pants, overcoats, ties, shoes, and accessories for men in classic, modern, and slim fits in various sizes; and a selection of tuxedo rental products.

Constellium NV (NYSE:CSTM), during its Thursday’s current trading session gained 2.22% to $8.76.

Gabelli & Company will host its 21st Annual Aircraft Supplier Conference on September 9 in New York City.

This research meeting will feature presentations by senior administration of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.

Kevin Wolfe, a graduate of the Top Gun Strike Fighter Tactics Instructor Course, will deliver a keynote address on the current state of the military’s air defense capabilities.

Constellium N.V. engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products for the aerospace, packaging, and automotive end-markets. The company operates in three segments: Aerospace & Transportation, Packaging & Automotive Rolled Products, and Automotive Structures & Industry. The Aerospace & Transportation segment provides aluminum and specialty materials products, counting aerospace plates and sheets, aerospace wingskins, plates for general engineering, and sheets for transportation applications, in addition to other extrusions and precision casting products.

Finally, Relypsa Inc (NASDAQ:RLYP), gained 1.14%, to $24.01.

Relypsa Inc. (RLYP), a biopharmaceutical company, declared that results of its Phase 1 onset-of-action study of Patiromer for Oral Suspension (Patiromer FOS) were published in Kidney International, the journal of the International Society of Nephrology. Results showed that Patiromer FOS rapidly and significantly reduced blood potassium from baseline levels in patients with moderate-to-severe hyperkalemia (mean blood potassium levels at baseline: 5.93 mEq/L), who had chronic kidney disease (CKD) and were taking at least one renin angiotensin aldosterone system (RAAS) inhibitor. Patiromer FOS started to decrease potassium levels at 4 hours (the first evaluation time point) and the reduction became statistically noteworthyat 7 hours (p=0.004). The reduction in blood potassium levels was noteworthyat all following time points during the 48-hour treatment period (p<=0.004 for hours 7 and 10; p<0.001 for hours 12-48) and was sustained for 24 hours after the last dose. Patiromer FOS was well tolerated with a safety profile comprising with that observed in other clinical trials.

Relypsa, Inc., a biopharmaceutical company, focuses on the development and commercialization of non-absorbed polymeric drugs to treat disorders in the areas of renal, cardiovascular, and metabolic diseases in the United States. Its lead product candidate comprises Patiromer, a non-absorbed potassium binding polymer that accomplished Phase III clinical trial for the treatment of hyperkalemia.

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