On Friday, Shares of Pfizer Inc. (NYSE:PFE), gained 1.31% to $34.02.
Pfizer, declared two planned appointments in the leadership of the Worldwide Research and Development organization effective right away. Michael D. Ehlers, M.D., Ph.D., has been selected as Group Senior Vice President and Head of BioTherapeutics Research & Development and Site Head for Pfizer’s Cambridge and Boston, Massachusetts locations. Dr. Ehlers will report directly to Mikael Dolsten, M.D., Ph.D., President of Worldwide Research & Development. In addition, John Lin, M.D., Ph.D., has been selected as Senior Vice President and Chief Scientific Officer of Rinat. Dr. Lin will report directly to Robert T. Abraham, Ph.D., Group Senior Vice President for Oncology-Rinat Research & Development.
Pfizer Inc., a biopharmaceutical company, discovers, develops, manufactures, and sells healthcare products worldwide. The company operates through Global Innovative Pharmaceutical (GIP); Global Vaccines, Oncology and Consumer Healthcare (VOC); and Global Established Pharmaceutical (GEP) segments.
Shares of Cypress Semiconductor Corporation (NASDAQ:CY), inclined 1.50% to $12.88, during its last trading session.
Cypress Semiconductor Corporation, declared that Executive Vice President of Finance and Chief Financial Officer Thad Trent and Vice President of Finance Rahul Mathur will talk about Cypress’s business and planned outlook at the Jefferies 2015 Global Technology, Media and Telecom Conference on May 12. The presentation will start at 1:30 p.m. Eastern Time at the Mandarin Oriental Hotel in Miami, Florida.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide. The companys Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
At the end of Friday’s trade, Shares of KeyCorp. (NYSE:KEY), gained 1.60% to $14.58.
KeyCorp, declared that Don Kimble, Chief Financial Officer, together with E.J. Burke and Dennis Devine, Co-Presidents of Key Community Bank will present at the Deutsche Bank Global Financial Services Investor Conference in New York City on Tuesday, June 2, 2015, at 8:55 a.m. ET.
KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States.
Finally, CBS Corporation (NYSE:CBS), ended its last trade with -0.65% loss, and closed at $60.82.
CBS Corporation, stated results for the first quarter of 2015, counting its highest-ever net earnings from ongoing operations per diluted share.
First Quarter 2015 Results
Revenues were $3.50 billion for the first quarter of 2015 contrast with $3.57 billion for the same preceding-year period. The quarter was affected by the broadcast of one fewer National Football League (“NFL”) playoff game on the CBS Television Network and lower advertising revenues at the Company’s Local Broadcasting segment. Content licensing and distribution revenues reduced 4%, while associate and subscription fees raised 11%, driven by growth in rates.
Operating income was $702 million for the first quarter of 2015 contrast with $791 million for the same preceding-year period, reflecting a higher investment in sports and entertainment programming.
Net earnings from ongoing operations were $394 million for the first quarter of 2015 contrast with $462 million for the same preceding-year period as a result of the lower operating income. EPS was a record for the quarter at $.78 contrast with $.77 for the same quarter in 2014. Weighted average shares outstanding were 506 million in this year’s first quarter, down from 600 million in the preceding-year period.
CBS Corporation operates as a mass media company worldwide. It operates through four segments: Entertainment, Cable Networks, Publishing, and Local Broadcasting. The Entertainment segment distributes a plan of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and distributes programming, counting series, specials, news, and public affairs; operates online content networks for information and entertainment; and produces, acquires, and distributes theatrical motion pictures.
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