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Tuesday 20 October 2015
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(LL) (PTCT) (PII) (PENN) Active News Update: Lumber Liquidators Holdings (NYSE:LL), PTC Therapeutics (NASDAQ:PTCT), Polaris Industries (NYSE:PII), Penn National Gaming, (NASDAQ:PENN)

(LL) (PTCT) (PII) (PENN) Active News Update: Lumber Liquidators Holdings (NYSE:LL), PTC Therapeutics (NASDAQ:PTCT), Polaris Industries (NYSE:PII), Penn National Gaming, (NASDAQ:PENN)

On Monday, Lumber Liquidators Holdings Inc (NYSE:LL)’s shares declined -1.42% to $13.90.

Lumber Liquidators (LL), the largest specialty retailer of hardwood flooring in North America, is assisting homeowners find their perfect flooring with its Before and After Gallery.

The online gallery showcases home and flooring makeovers through firsthand submissions from Lumber Liquidators customers. Customers can easily upload and submit their project photos from their mobile phone, tablet, computer or though the updated Floor Finder App.

More than 2,000 examples are accessible for homeowners to browse. The gallery – which is searchable by room, floor type, product and state – is a great resource for those looking for very specific ideas at any step in the purchasing decision. Each submission is linked to similar floors that can be found on the Lumber Liquidators website, making shopping for the perfect floor a breeze. Among the most featured flooring types are bamboo, laminate and hardwood.

Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories.

PTC Therapeutics, Inc. (NASDAQ:PTCT)’s shares dropped -1.87% to $29.46.

PTC Therapeutics, Inc. (PTCT), declared that clinical data from the company’s joint development program with Roche and the SMA Foundation in spinal muscular atrophy (SMA) were presented at the 20th International Congress of the World Muscle Society (WMS) in Brighton, U.K. Results from the first cohort of patients enrolled in the Phase 2 ‘MOONFISH’ trial evaluating oral RG7800, a small molecule modifier of Survival Motor Neuron 2 (SMN2) splicing, were highlighted in a late breaking oral session. The presentation is titled “SMN2 splicing modifier RG7800 enhances SMN protein in first study in SMA patients.”

MOONFISH is a Phase 2 randomized, double-blind, placebo-controlled study investigating the safety, tolerability, pharmacokinetics and pharmacodynamics of RG7800 with a target enrollment of about 64 adult and pediatric patients with SMA. Results from the first cohort that comprised of 13 adult and adolescent SMA patients demonstrated that SMN protein can be raised with RG7800, providing proof of mechanism for oral small molecule SMN2 splicing modifiers. Up to three-fold enhances in the ratio of full length SMN2 mRNA to SMN2Δ7 mRNA and up to two-fold enhances in SMN protein were observed as compared to baseline, as measured in whole blood. RG7800 was well tolerated over 12 weeks at a dose of 10 mg once daily.

PTC Therapeutics, Inc., a biopharmaceutical company, focuses on the discovery, development, and commercialization of orally administered, small molecule drugs that target post-transcriptional control processes.

At the end of Monday’s trade, Polaris Industries Inc. (NYSE:PII)‘s shares surged 1.11% to $119.77.

Polaris® Industries (PII), in cooperation with the U.S. Consumer Product Safety Commission and Transport Canada, is issuing a voluntary recall on model year 2015 Polaris RZR 900 and 1000 vehicles due to reports of pinched fuel tank vent lines. The recall is related to the vehicle’s fuel tank vent line potentially being incorrectly installed during manufacturing, causing it to become pinched, which may cause the fuel tank to pressurize and leak fuel, posing a potential fire hazard. Polaris estimates that the assembly error occurred in very few vehicles; however, Polaris is issuing a voluntary recall so that all these vehicles could be inspected and any affected vent lines fixed preceding to further use.

Polaris is taking this action after confirming that, in some reports, a vent line had been pinched during assembly. In those cases, Polaris has also received reports of the driveline contacting a pressurized and expanded fuel tank, resulting in a fuel leak and a fire hazard. Polaris also received two reports of small fires, but could not confirm whether the vent line was obstructed during assembly or during subsequent accessory installation or whether the pinched vent line was the cause of the fires.

Additionally, the company will provide information on the issue at Polaris Camp RZR in Glamis, Calif., Oct. 30 – 31, 2015.

Polaris Industries Inc., together with its auxiliaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the United States, Canada, Western Europe, Australia, and Mexico.

Penn National Gaming, Inc (NASDAQ:PENN), ended its Monday’s trading session with 3.54% gain, and closed at $18.11.

Penn National Gaming, Inc. (PENN) declared the plan for Season 4 of the Hollywood Poker Open. Penn National’s HPO tournament series kicks off with the first regional tournament starting November 12th at Hollywood Casino Lawrenceburg and will conclude in June 2016 with the Tournament Championship at the M Resort in Las Vegas, Nevada. The guaranteed prize pool for the HPO has tripled each year since the inaugural 2012 season and the prize pool for Season 4 is predictable to be the largest ever with an estimated Championship Tournament prize pool of over $2 million.

Poker players from across the country will compete for the HPO’s big money prize pools from November through next May at five HPO regional tournament series locations. Promotions are planned for each regional tournament series location and the Tournament Championship. In each of the past three seasons, Penn National properties across the nation sent more than 200 “seat winners” to the HPO Tournament Championship in Las Vegas.

This past June, Kevin Stammen of Coldwater, Ohio outplayed nearly 700 other players from across the United States and around the world to pocket nearly $350,000 as the winner of Season 3’s Hollywood Poker Open Tournament Championship. Stammen is predictable to defend his title in Season 4 against an impressive list of ranked poker professionals, rising stars, and seat winners from Penn National properties across the country. He will also have to fend off HPO host and poker legend Chris Moneymaker.

Penn National Gaming, Inc. owns and operates gaming and pari-mutuel properties. It operates through East/Midwest, West, and Southern Plains segments. The company is involved in gaming and racing operations.

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