Search
Wednesday 26 August 2015
  • :
  • :
Latest Update

Current Trade Stocks Recap: SAP SE (NYSE:SAP), Juno Therapeutics (NASDAQ:JUNO), VF (NYSE:VFC), Adobe Systems (NASDAQ:ADBE)

During Monday’s Current trade, Shares of SAP SE (ADR) (NYSE:SAP), lost -2.19% to $66.23.

To provide a breakthrough digital golf experience at the 2015 Solheim Cup, being held at the Golf Club St. Leon-Rot from September 18-20, SAP SE (SAP) has further improved the official Solheim Cup 2015 mobile app powered by SAP HANA®. Enabling fans to access tournament information, counting real-time match and scoring details, prediction game challenges, venue details, team and player profiles, easily and interactively via a single visually rich app, the mobile app will support all fans in being informed, entertained and involved like never before at the three-day, bi-annual tournament, which will see Europe’s best female golfers compete against 12 best female players from the U.S.

As the official technology partner of one of the most prestigious tournaments in women’s golf, SAP will also enable real-time insights for spectators following the broadcast on TV through improved TV graphics, such as ball flights, distance between the ball and the hole or wind situations to provide an on screen experience never seen before. Detailed comparisons between the players throughout the tournament will set a new benchmark for viewer friendly analytics in the world of golf.

SAP SE provides application and analytics software and software-related services for enterprises worldwide. The company offers solutions covering various lines of businesses, counting asset administration, commerce, finance, human resources, manufacturing, marketing, sales, service, sourcing and procurement, supply chain, and sustainability, in addition to research and development, and engineering.

Shares of Juno Therapeutics Inc (NASDAQ:JUNO), declined -5.40% to $35.74, during its current trading session.

Juno Therapeutics Inc (JUNO) might not be turning a profit yet, but that’s no problem for CEO Hans Bishop’s personal bottom line.

Bishop is the 11th highest-paid CEO in the country, according to Bloomberg’s Pay Index, a daily ranking of the 100 top-paid executives. His pay package was worth $88.2 million at the end of 2014, Bloomberg stated Thursday, in a combination of salary, stock options and restricted shares. That was worth $7.3 million before Juno’s initial public offering in December.

Juno isn’t the only biotech to show up near the top of the list. CEO pay at Santa Monica, Calif.-based Kite Pharma and Waltham, Mass.-based Radius Health Inc. topped $95 million and $33.5 million, respectively.

Juno and Kite develop immunotherapy treatments for cancer. That’s a field investors have been excited to jump into in recent years. Immunotherapy reprograms a patient’s T cells and then infuses them back into the body, giving the immune system a boost to battle the cancer.

This treatment has been heralded in recent years as a breakthrough alternative to harsher methods, such as chemotherapy and radiation.

In small clinical trials, one of Juno’s drug candidates has achieved a 90 percent remission rate in a type of blood cancer.

Juno Therapeutics, Inc., a biopharmaceutical company, engages in developing cell-based cancer immunotherapies. The company develops cell-based cancer immunotherapies based on its chimeric antigen receptor and T cell receptor technologies to genetically engineer T cells to recognize and kill cancer cells.

VF Corp (NYSE:VFC), during its Monday’s current trading session decreased -2.95% to $70.01.

VF Corporation (VFC) stated financial results for its second quarter ended July 4, 2015. All per share amounts are presented on a diluted basis. This release refers to “stated” and “currency neutral” (a non-GAAP financial measure) amounts, terms that are described under the “Currency Neutral – Not taking into account the Impact of Foreign Currency” paragraph. Unless otherwise noted, currency neutral and stated amounts are the same.

Second Quarter 2015 Highlights

  • Revenue rose 10 percent on a currency neutral basis driven by growth in our Outdoor & Action Sports and Jeanswear coalitions, and our international and direct-to-consumer businesses. On a stated basis, revenue raised 5 percent over the 2014 quarter.
  • Gross margin was 48.3 percent on a stated basis, down 10 basis points contrast with the same quarter last year, but in line with our expectations. Continued benefit from the shift of our revenue mix toward higher margin businesses was more than offset by the impact of foreign currency.
  • Operating income on a stated basis was up 1 percent to $223 million contrast with the same period in 2014. Operating margin on a stated basis declined 30 basis points to 8.9 percent due to the negative impact from changes in foreign currency rates.

V.F. Corporation designs, manufactures, markets, and distributes branded lifestyle apparel, footwear, and accessories in the United States and Europe. The company offers outdoor apparel, footwear and equipment, youth culture/action sports-inspired footwear, handbags, luggage, backpacks, totes, accessories, merino wool socks, women’s activewear, and travel accessories under the The North Face, Vans, Timberland, Kipling, Napapijri, Jansport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.

Finally, Adobe Systems Incorporated (NASDAQ:ADBE), decreased -4.08%, to $75.65.

Adobe (ADBE) declared that it has received Federal Risk and Authorization Administration Program (FedRAMP℠) Authority to Operate, a rigorous cloud security assessment for vendors that sell to the federal government. FedRAMP represents the future of digital government by providing a standardized, secure process of selecting cloud service providers that can be used across government agencies. The authorization for Adobe is sponsored by the Department of Health and Human Services.

With this certification, Adobe is the first FedRAMP cloud service provider to deliver web content administration, electronic forms with eSignatures, web-conferencing, eLearning, and document rights administration, as verified by an independent third-party assessment organization. These services are delivered in a hybrid cloud architecture with Software as a Service (SaaS) capabilities from Adobe Experience Manager and Adobe Connect.

Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, in addition to their administration in marketing departments and agencies, companies, and publishers.

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.




Leave a Reply

Your email address will not be published. Required fields are marked *