During Tuesday’s trade, Shares of PDL BioPharma Inc (NASDAQ:PDLI), gained 4.00% to $3.64.
PDL BioPharma, declared that it has paid the December 11, 2015, regular quarterly dividend payment of $0.15 per share to all stockholders owning shares of PDL as of December 4, 2015, the record date.
PDL BioPharma, Inc. manages a portfolio of patents and royalty assets in the United States and Europe. The company is involved in the humanization of monoclonal antibodies and the discovery of a new generation of targeted treatments for cancer and immunologic diseases. It offers Queen et al. patents that cover humanized antibodies, methods for humanizing antibodies, polynucleotide encoding in humanized antibodies, and methods of producing humanized antibodies.
Shares of Pan American Silver Corp. (USA) (NASDAQ:PAAS), inclined -1.46% to $6.43, during its current trading session.
Pan American Silver Corp., declared that as the last step of a transitional plan that has been under consideration for over a year, Mr. Geoff Burns , Chief Executive Officer, will retire effective December 31, 2015 and Mr. Michael Steinmann , presently President, will be designated President & CEO effective January 1, 2016 . Mr. Steinmann will also join the Board of Directors on January 1, 2016 . Mr. Burns will continue serving on the Company’s Board of Directors until the Company’s next Annual General Meeting planned for mid-May of 2016.
Commenting on Mr. Burns’ retirement, Ross Beaty , Chairman, said, “After a very productive 12 years with Pan American, Geoff is passing the CEO baton to Michael Steinmann . Geoff was instrumental in assisting build Pan American into the world’s second largest primary silver producer. He also played a vital role in assembling and retaining one of the most respected professional teams in our industry. On behalf of the Board of Directors, I would like to thank Geoff for all his years of outstanding dedication and service and wish him the best in his future. We are glad to be able to continue to tap into his knowledge.”
Mr. Michael Steinmann has led the Company’s geology and exploration activities since he joined Pan American in 2004. While in this role, the Company added over 279 million ounces of new proven and probable silver mineral reserves. Mr. Steinmann was made Executive Vice President in 2008 and he took charge of Pan American’s planned business development activities in 2011. He was promoted to President in February, 2015. He played a pivotal role in the successful acquisition of Aquiline Resources Inc. (Navidad project) and Minefinders Corporation Ltd. (Dolores mine), in addition to numerous other exploration and business development initiatives. Mr. Steinmann holds a Ph.D. in Natural Sciences (Geology) from the Swiss Federal Institute of Technology and a Degree in Corporate Finance from Escuela Superior de Administración y Negocios.
Pan American Silver Corp., together with its auxiliaries, operates and develops, and explores for silver producing properties and assets in Mexico, Peru, Argentina, and Bolivia. The company also produces and sells gold, zinc, lead, and copper. It holds interests in the Huaron, Morococha, Alamo Dorado, Dolores, La Colorada, Manantial Espejo, and San Vicente mines.
Finally, Splunk Inc (NASDAQ:SPLK), gained 2.73%, and is now trading at $53.83.
Splunk, declared it has been named the worldwide IT Operations Analytics (ITOA) software market share leader for 2014 in a new report by IDC, a leading provider of global IT research and advice. The IDC report states Splunk® software and cloud services claimed the top market share with 28.7 percent. This is IDC’s first study of vendor revenues and market shares in the emerging ITOA software market, which is experiencing rapid growth.
According to the IDC report: “The company achieved rapid growth driven by expansion in log administration and analysis capabilities delivered via its software and cloud service. The number of data sources and use cases continued to expand together with improvements in customer data volumes, driving raised adoption. Splunk has invested in solutions for Hadoop, mobile, real-time wire, security and cloud, among other data sources.” Additionally, “Splunk supports pre-packaged content and visualization for a variety of analytics use cases counting IT operations, APM, mobile and IoT. This is making Splunk-based analytics available to an increasing variety of IT and business users.”
Splunk, Inc. provides software products that enable organizations to gain real-time operational intelligence in the United States and internationally. The company’s products enable users to collect, index, search, explore, monitor, and analyze data regardless of format or source users.
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