On Tuesday, Following Stocks were among the “Top Gainers” of U.S. Stock Market: Vipshop Holdings Limited, (NYSE:VIPS), Orexigen Therapeutics, (NASDAQ:OREX), Lumber Liquidators Holdings, (NYSE:LL), McEwen Mining,. (NYSE:MUX)
Vipshop Holdings Limited, (NYSE:VIPS), with shares gained 2.51%, closed at $29.44, hitting new 52-week high of $29.79.
Orexigen Therapeutics, (NASDAQ:OREX), with shares jumped 1.03%, settled at $7.83.
Lumber Liquidators Holdings, (NYSE:LL), with shares climbed 1.75%, and closed at $30.78.
McEwen Mining,. (NYSE:MUX), surged 0.99%, and closed at $1.02.
Latest NEWS regarding these Stocks are depicted underneath:
Vipshop Holdings Limited (NYSE:VIPS)
Vipshop Holdings Limited (VIPS), declared that Mr. Alex Jing Jiang has tendered his resignation as senior vice president of business intelligence and customer relationship administration of the Corporation, effective March 31, 2015, due to his desire to pursue his personal interests and further education. Mr. Jiang will continue to serve the Corporation as a senior corporate advisor.
Mr. Eric Ya Shen, chairman and chief executive officer of Vipshop, stated, “On behalf of the Corporation, we would like to thank Alex for his noteworthy contribution to the Corporation’s growth and development since he joined us in February 2011, which further improved our customer retention and new customer attainment strategies. We wish him the utmost success in his future endeavors, and look forward to his ongoing contribution as a senior corporate advisor.”
Vipshop Holdings Limited, through its auxiliaries, operates as an online discount retailer for various brands in the People’s Republic of China. It offers a range of branded products, counting apparel for women, men, and children; fashion goods; cosmetics; home goods and other lifestyle products; footwear; sportswear and sporting goods; luxury goods; and gifts and miscellaneous products.
Orexigen Therapeutics, Inc. (NASDAQ:OREX)
Orexigen Therapeutics, Inc. (OREX), declared that Tom Cannell has joined as Chief Commercial Officer. As the Corporation prepares for global commercialization of Contrave® /Mysimba™ (naltrexone HCl / bupropion HCl extended release), Cannell will lead all aspects of Orexigen’s global commercial strategy, assuming responsibilities formerly held by Mark Booth. After successfully leading Orexigen’s commercial effort through the U.S. launch of Contrave, Booth plans to leave Orexigen later this year to pursue opportunities closer to his home in Chicago.
Cannell joins Orexigen after 27 years at Merck where he held a variety of senior leadership roles. He brings strong experience in global commercialization, consumer marketing, and sales operations and administration. Recent assignments have comprised of President of Merck Canada and Head of Marketing and Strategy for MSD Japan. Earlier he served in general manager roles for a U.S. sales division and as leader of a Merck business unit, managing a multi-billion dollar product portfolio and thousands of employees. He has strong consumer experience, having served as General Manager, New Commercial Model, U.S., where he designed and successfully piloted an innovative customer centric commercial model for Merck’s U.S. business. Cannell holds a Doctor of Veterinary Medicine degree from Washington State University. He has also served in the U.S. Army Reserves (presently inactive) since 1987.
Orexigen Therapeutics, Inc., a biopharmaceutical corporation, focuses on the development of pharmaceutical products in the United States. The corporation offers Contrave for the treatment of obesity. It has a partnership contract with Takeda Pharmaceutical Corporation Limited to develop and commercialize Contrave in Canada and Mexico. Orexigen Therapeutics, Inc. was founded in 2002 and is headquartered in La Jolla, California.
Lumber Liquidators Holdings, Inc. (NYSE:LL)
Lumber Liquidators Holdings, Inc. (LL), has deepened its connection to Virginia in recent months through charitable donations and continued expansion. The donations – which totaled more than $50,000 and are facilitated through the Corporation’s Lay It Forward program – have benefitted organizations ranging from education-focused groups to public resource providers and additional youth centered organizations.
Additional organizations Lumber Liquidators has supported comprise the Boys and Girls Clubs of the Virginia Peninsula, Williamsburg Montessori School and Thomas Nelson Community College.
Lumber Liquidators Holdings, Inc., together with its auxiliaries, operates as a multi-channel specialty retailer of hardwood flooring, and hardwood flooring enhancements and accessories.
McEwen Mining Inc. (NYSE:MUX)
Formerly on March 9, McEwen Mining Inc. (MUX), reported its operating and financial results for Q4 and full-year 2014. The Corporation had record production in the fourth quarter and full-year 2014, beating both production and cost guidance. The strong operational performance in the fourth quarter is projected to continue throughout 2015.
2015 Guidance:
For 2015, we forecast production of 96,500 gold oz. and 3.12 million silver oz. At a silver-to-gold ratio of 75:1, this equates to 138,100 gold equivalent oz. at all-in sustaining costs (Counting corporate general and administrative costs) of $1,125 per gold equivalent oz.
At El Gallo 1, we expect to produce 50,200 gold equivalent oz. at all-in sustaining costs of $750 per gold equivalent oz. This noteworthy improvement contrast to 2014 is due to a much higher grade of 2.6 gpt Au, reduced crusher throughput and lower mining, blasting and cyanide costs.
At San Jose, the Corporation’s 49% share of production is forecast to be 46,500 gold oz. and 3.1 million silver oz. At a silver-to-gold ratio of 75:1, this equates to 87,800 gold equivalent oz. at all-in sustaining costs of $1,225 per gold equivalent oz. This is similar to 2014 results calculated at a silver-to-gold ratio of 60:1.
McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The corporation’s principal assets comprise of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina.
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