During Tuesday’s Morning trade, Shares of Platform Specialty Products Corp (NYSE:PAH), lost -1.71% to $12.63.
Platform Specialty Products Corporation, declares the recent purchase of shares of Platform’s common stock by its Chairman Martin E. Franklin, Berggruen Holdings, Ltd. (“Berggruen Holdings”), its Chief Operating Officer Benjamin Gliklich, and its Chief Financial Officer Sanjiv Khattri. Mr. Franklin and Berggruen Holdings each purchased 500,000 shares. The total aggregate purchase was 1,009,000 shares. Nicolas Berggruen, a director of Platform, is one of the directors of Berggruen Holdings. Recently, Mr. Franklin, Mr. Gliklich, and Mr. Khattri each filed a Form 4 with the Securities and Exchange Commission announcing these open market purchases.
Platform Specialty Products Corporation produces and sells specialty chemical products in the Americas, Asia, and Europe. The company’s Performance Materials segment manufactures and markets plating products that are used to plate holes; final finishes, which are used on printed circuit boards; circuit formation products to promote adhesion and form circuit patterns; oxides that are used in the fabrication of multilayer circuit boards; and pre-treatment and cleaning solutions.
Shares of Endo International plc (NASDAQ:ENDP), inclined 0.09% to $60.22, during its current trading session.
Endo International plc, declared that its wholly-owned auxiliaries, Endo Finance LLC and Endo Finco Inc., will, subject to the satisfaction of the condition described below, redeem all $392,963,000 aggregate principal amount outstanding of their 7.00% Senior Notes due 2020 (CUSIP Nos. 29271L AC8, U2918V AC9) (the “2020 Endo Finance Notes”) on December 21, 2015 . The Company also declared that its wholly-owned partner, Endo Health Solutions Inc. (“EHSI”), will, subject to the satisfaction of the condition described below, redeem all $7,037,000 aggregate principal amount outstanding of its 7.00% Senior Notes due 2020 (CUSIP No. 29264F AE6) (the “2020 EHSI Notes” and, together with the 2020 Endo Finance Notes, the “Notes”) on December 21, 2015 . Each of the redemptions is conditional and subject to the delivery of moneys sufficient to pay the applicable redemption price to Wells Fargo Bank, National Association, as trustee under the indentures governing the Notes (the “Trustee”) on the redemption date.
On November 20, 2015 , the conditional notices of redemption with respect to the Notes were delivered to record holders of the Notes by the Trustee.
This press release is for informational purposes only and shall not constitute an offer to purchase the Notes or any other securities.
Endo International plc, a specialty healthcare company, focuses on branded and generic pharmaceuticals and devices worldwide. It operates through four segments: U.S. Branded Pharmaceuticals, U.S. Generic Pharmaceuticals, Devices, and International Pharmaceuticals.
Finally, Shares of XOMA Corp (NASDAQ:XOMA), lost -1.39%, and is now trading at $1.33.
Moments ago, Trader’s Choice released new research updates concerning several important developing situations counting the following equities: United Online Inc. (UNTD), Second Sight Medical Products Inc. (EYES), Five Star Quality Care Inc. (FVE) and XOMA Corp. (XOMA). Trader’s Choice has perfected the profitable art of picking stocks, cutting through the noise to deliver the top trade, every year. The full Research Packages are being made available to the public on a complimentary basis.
Highlights from recently’s reports comprise:
On Thursday, November 19, 2015, the NASDAQ Composite ended at 5,073.64, down 0.03%, the Dow Jones Industrial Average edged 0.02% lower, to finish the day at 17,732.75, and the S&P 500 closed at 2,081.24, down 0.11%.
- United Online Inc.’s stock raised by 0.34% to close Thursday’s session at USD 11.67. The company’s shares fluctuated in the range of USD 11.58 and USD 11.84. A total of 0.31 million shares exchanged hands, which surpassed its 50-day daily average volume of 0.17 million shares and was above its 52-week average volume of 0.14 million shares. Over the last three days United Online Inc.’s shares have declined by 2.83% but in the past one week it has moved up 13.41%. Furthermore, over the last three months, the stock has gained 0.86%, while in the past six months, the shares have shed 28.58%. Further, the company is trading at a price to earnings ratio of 5.21 and at a price to book ratio of 1.27x. Additionally, the stock is trading at a price to cash flow ratio of 7.74 and price to sales ratio of 0.90. Moreover, the company is trading above its 50-day moving average of USD 11.09.
- Second Sight Medical Products Inc.’s stock added 6.17% to close Thursday’s session at USD 4.99. The company’s shares oscillated between USD 4.65 and USD 5.13. The stock recorded a trading volume of 0.38 million shares, which was below its 50-day daily average volume of 0.46 million shares and below its 52-week average volume of 0.75 million shares. Over the last one week, Second Sight Medical Products Inc.’s shares have declined by 7.93% and in the past one month, it has lost 32.93%. Further, the company is trading at a price to sales (ttm) ratio of 20.78 and at a price to book (mrq) ratio of 6.88. Moreover, the company has market capitalization of USD 178.77 million. Second Sight Medical Products, Inc. is a medical device company that develops, manufactures and markets implantable visual prosthetics to restore some functional vision to blind patients.
- In line with the broad market, Five Star Quality Care Inc.’s stock declined 4.01% to close Thursday’s session at USD 3.35. The share price vacillated between USD 3.30 and USD 3.50. The stock recorded a trading volume of 0.33 million shares, which was above its 50-day daily average volume of 0.23 million shares and above its 52-week average volume of 0.20 million shares. Over the last three days, Five Star Quality Care Inc.’s shares have declined by 4.83% and in the past one week it has moved down 0.59%. Further, the company is trading above its 50-day moving average of USD 3.31 but below its 200-day moving average of USD 3.91. Additionally, the stock is trading at a price to sales (ttm) ratio of 0.15 and at a price to book (mrq) ratio of 0.90. Five Star Quality Care Inc. has market capitalization of USD 164.27 million.
- XOMA Corp’s stock edged lower by 1.39% to close Thursday’s session at USD 1.42. The company’s shares oscillated between USD 1.40 and USD 1.48. The stock recorded a trading volume of 1.69 million shares, which was below its 50-day daily average volume of 5.64 million shares and below its 52-week average volume of 4.05 million shares. Over the last three days, XOMA Corp’s shares have advanced 6.77% and in the past one week it has moved up 5.19%. Furthermore, over the last three months, the stock has gained 82.05% but in the past six months, the shares have shed 58.11%. Further, the stock is trading at a price to sales ratio of 14.74. Additionally, the company is trading above its 50-day moving average of USD 1.22 but below its 200-day moving average of USD 2.07. XOMA Corp has market capitalization of USD 168.72 million.
XOMA Corporation discovers and develops antibody-based therapeutics in the United States, Europe, and the Asia Pacific. The company’s lead product candidate comprises gevokizumab, a proprietary humanized allosteric-modulating monoclonal antibody that binds to the inflammatory cytokine interleukin-1 beta, which is in Phase III clinical trial for NIU and Behçets disease uveitis, pyoderma gangrenosum, active non-infectious anterior scleritis, autoimmune inner ear disease, and cardiovascular diseases, in addition to diseases under the neutrophilic dermatoses designation, Schnitzler syndrome, and other diseases; and various proof-of-concept stud