On Thursday, Shares of ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD), dropped -4.71% to $34.17.
ACADIA Pharmaceuticals, declared that it will report its unaudited financial results for the first quarter ended March 31, 2015 on Thursday, May 7, 2015, after the U.S. financial markets close. ACADIA’s administration will host a conference call and webcast on Thursday, May 7, 2015, at 5:00 p.m. Eastern Time to talk about ACADIA’s financial results and development programs.
ACADIA Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of small molecule drugs that address unmet medical needs in neurological and related central nervous system disorders.
Shares of CalAmp Corp. (NASDAQ:CAMP), declined -4.69% to $19.71, during its last trading session.
CalAmp, declared that it intends to offer, subject to market and other conditions, $125 million aggregate principal amount of Convertible Senior Notes due 2020 in a private offering. The notes will be sold only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. CalAmp also anticipates to grant to the initial purchasers of the notes a 30-day option to purchase up to an additional $18.75 million aggregate principal amount of notes.
The notes will mature on May 15, 2020, unless earlier repurchased or converted. Preceding to November 15, 2019, the notes will be convertible only upon the occurrence of certain events and during certain periods, and thereafter, at any time until the close of business on the second planned trading day preceding the maturity date of the notes. Upon any conversion, CalAmp’s conversion obligation will be settled in cash, shares of CalAmp common stock, or a combination of cash and shares of CalAmp common stock, at CalAmp’s election. The interest rate on, the initial conversion rate of, and other terms of the notes will be determined by negotiations between CalAmp and the initial purchasers of the notes.
CalAmp Corp. develops and markets wireless communications products and solutions for various applications worldwide. It operates in two segments, Wireless DataCom and Satellite.
At the end of Thursday’s trade, Shares of IAMGOLD Corp. (NYSE:IAG), dwindled -4.68% to $2.24, as gold-related stocks retreat amid declining gold prices.
The precious metal is declining following the release of better-than-predictable jobs data, which is strengthening the dollar, Reuters reports.
Claims for state unemployment benefits fell to its lowest level since April of 2000. The figure declined by 34,000 to a seasonally adjusted 262,000 for the week ended April 25, Reuters added.
IAMGOLD Corporation primarily engages in the exploration, development, and operation of gold mining properties. It also explores for silver and copper deposits. The company holds interests in four operating gold mines, in addition to exploration and development projects located in Africa, South America, and Canada. IAMGOLD Corporation was incorporated in 1990 and is headquartered in Toronto, Canada.
Finally, Ciena Corporation (NYSE:CIEN), ended its last trade with -4.66% loss, and closed at $21.30.
Ciena Corporation, will provide its converged packet optical solutions to Forsythe Data Centers for the dual, diverse metro fiber network connecting its new Retail+® managed hosting facility, a high-density data center in Elk Grove Village, Ill., to 350 East Cermak in Chicago. With Ciena, Forsythe provides secure, low-latency connectivity, in addition to access to the various carriers its clients require. This high-capacity, wire-speed encrypted connectivity allows Forsythe’s enterprise and other clients the world-class performance and strong culture of security they require in their data centers.
“As we built this new data center facility with leading-edge technologies, we knew it was just as important to have the right connectivity in place to provide our customers with the secure dual, diverse fiber access and services they require. The deployment of Ciena’s converged packet optical solutions provides us with the low-latency, high-capacity connections to quickly provision the services our clients need.”
- Steve Harris, Vice President of Data Center Development, Forsythe Data Centers
“As enterprises move more of their application infrastructure into data centers and embrace the cloud, they look to hosting providers like Forsythe Data Centers to virtualize those resources and deliver the agile networking and data transmission capabilities as required. Our 6500 Packet-Optical Platform provides Forsythe and its clients with secure on-demand, high-bandwidth and low latency connectivity for cloud computing, storage and data center migration.”
- Duncan Puller, Vice President of Data Center and Cloud, Ciena
Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and administration of voice, video, and data traffic on communications networks worldwide.
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