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Friday 2 October 2015
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(ELGX) (GS) (CIM) Active News Update: Endologix, (NASDAQ:ELGX), Goldman Sachs Group (NYSE:GS), Chimera Investment (NYSE:CIM)

On Wednesday, Endologix, Inc. (NASDAQ:ELGX)’s shares inclined 3.20% to $12.26.

Endologix, Inc. (ELGX), developer and marketer of innovative treatments for aortic disorders, declared that it has designated Vaseem Mahboob to the position of Chief Financial Officer, effective October 15, 2015. Mr. Mahboob succeeds Shelley Thunen, who is resigning as part of the Company’s formerly declared CFO transition.

Endologix, Inc. develops, manufactures, markets, and sells medical devices for the treatment of abdominal aortic aneurysms in the United States and internationally. The company offers minimally-invasive endovascular repair (EVAR) products, counting EVAR stent graft and catheter delivery system under the brand names Powerlink, IntuiTrak, AFX, and VELA Proximal Endograft.

At the end of Wednesday’s trade, Goldman Sachs Group Inc (NYSE:GS)‘s shares surged 0.96% to $173.51.

Goldman Sachs Asset Administration declared the launch of its first exchange-traded fund, the ActiveBeta® US Large Cap Equity ETF (GSLC).The fund is the first in a series of ETFs that will track GSAM’s proprietary ActiveBeta® index.

“We are excited to enter the ETF market,” said Tim O’Neill, Global Co-Head of the Investment Administration Division, which comprises GSAM. “Our approach to ETFs continues our legacy of investment innovation and at a cost that makes them accessible to all investors.”

The ActiveBeta® US Large Cap Equity ETF (GSLC) shares many of the same benefits of traditional ETFs—a defined strategy, diversified exposure to stocks and low costs—but it is powered by the Goldman Sachs ActiveBeta® index, a performance-seeking methodology from Goldman Sachs that delivers the potential to outperform the market.

The Goldman Sachs Group, Inc. operates as an investment banking, securities, and investment administration company worldwide. The company operates through four segments: Investment Banking, Institutional Client Services, Investing & Lending, and Investment Administration.

Chimera Investment Corporation (NYSE:CIM), ended its Wednesday’s trading session with 1.21% gain, and closed at $13.37.

Chimera Investment Corporation (CIM) declared that its Board of Directors has set the date for the Company’s Annual Meeting of Stockholders in addition to the record date for stockholders eligible to vote at the meeting.

The Annual Meeting will be held on Thursday, December 10, 2015. Stockholders of record as of the close of business on October 21, 2015 will be eligible to vote at the meeting.

Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its auxiliaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes.

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