On Monday, Shares of Discovery Laboratories, Inc. (NASDAQ:DSCO), gained 2.28% to $0.485.
Discovery Laboratories, will declare top-line results from its AEROSURF Phase 2a expansion clinical trial in premature infants 29 – 34 gestational age with respiratory distress syndrome (RDS) on Thursday, November 12, 2015 at about 7:00 a.m. EST.
Discovery Labs administration will host a conference call and live webcast, counting a slide presentation, on Thursday, November 12, 2015 at 8:00 a.m. EST to review and discuss the results of the trial.
Discovery Laboratories, Inc., a specialty biotechnology company, focuses on developing products for critical-care patients with respiratory disease and improving care in pulmonary medicine. Its proprietary drug technology produces a synthetic peptide-containing surfactant (KL4 surfactant in liquid, lyophilized, and aerosolized dosage forms), in addition to develops drug delivery technologies to enable efficient delivery of its aerosolized KL4 surfactant.
Shares of Public Service Enterprise Group Inc. (NYSE:PEG), inclined 0.28% to $38.77, during its last trading session.
PSEG Long Island declared recently that, through a series of implemented energy efficiency measures, it will assist Winthrop-University Hospital save more than $120,000 per year in electricity costs.
“Hospitals that invest in energy efficiency are not only realizing the direct benefits of reduced utility costs, they are providing a healthier and more comfortable environment for their patients,” said David Daly, president and COO, PSEG Long Island. “PSEG Long Island’s energy efficiency programs are assisting Winthrop-University Hospital reduce operating costs, improve their bottom line, and free up funds to invest in new technologies and improve patient care.”
With an understanding that in a typical hospital, water heating, space heating, and lighting account for 61–79 percent of total energy use, Winthrop-University Hospital incorporated numerous energy conservation measures in its newly constructed 95,000 square foot research building in Mineola, New York. Because up-front costs are often the primary barrier to the implementation of retrofit projects in healthcare facilities, the hospital worked with PSEG Long Island to qualify its facility for energy efficiency incentives from PSEG Long Island’s Commercial Efficiency Program.
Public Service Enterprise Group Incorporated, through its auxiliaries, operates as an energy company primarily in the northeastern and Mid Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of about 13,146 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products that are used to optimize the operation of the energy grid.
Finally, Shares of Builders First Source, Inc. (NASDAQ:BLDR), ended its last trade with -3.87% loss, and closed at $14.66.
Builders First Source, stated its results for the third quarter ended September 30, 2015.
The Company has offered supplemental financial information of the combined company in this press release that is adjusted to comprise Pro Build’s financial results for the relevant periods preceding to July 31, 2015.
Third quarter highlights comprise the following:
- Accomplished the acquisition of Pro Build on July 31, one of the largest distributors of building materials to professional builders, contractors and project-oriented consumers in the United States. Through its lumber yards, component facilities, millwork shops, gypsum yards and retail stores across 40 states, ProBuild generated about $4.5 billion in sales in 2014.
- Pro forma net sales of $1.7 billion were flat contrast to the third quarter of 2014, not taking into account the impact of closed locations. Sales volume grew about 6.1 percent over the third quarter of 2014; counting 7.0 percent in the homebuilding end market and 3.0 percent in the repair and remodel end market. This was offset 6.1 percent by the negative impact of commodity price deflation on our sales and 0.1 percent impact from closed locations.
- Pro forma gross margin percentage was 25.9 percent, up 160 basis points from 24.3 percent in the third quarter of 2014.
- Adjusted EBITDA was $113.6 million, or 6.7 percent of sales, contrast to $95.9 million, or 5.6 percent of sales, for the third quarter of 2014.
- Adjusted net income was $34.7 million, or $0.31 per diluted share, contrast to $15.8 million, or $0.14 per diluted share in the third quarter of 2014.
- Total liquidity at September 30, 2015 was $685.7 million, compriseing of net borrowing availability under the 2015 revolving credit facility and cash on hand.
- In the third quarter, we paid down about $160 million on the 2015 revolving credit facility subsequent to the acquisition close.
Builders First Source, Inc. manufactures and supplies structural and related building products for residential new construction primarily in the southern and eastern United States. The company offers prefabricated components, counting floor trusses, roof trusses, wall panels, stairs, and engineered wood; and window and door products, such as aluminum and vinyl windows, and pre-hung interior and exterior doors, in addition to assembles and distributes interior and exterior door units.