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Saturday 26 September 2015
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Latest Update

News Alert on: Range Resources Corp.(NYSE:RRC), Opko Health Inc.(NYSE:OPK), Cypress Semiconductor Corporation(NASDAQ:CY), Prologis Inc(NYSE:PLD)

On Friday, Range Resources Corp. (NYSE:RRC)’s shares declined -4.82% to $36.52.

RANGE RESOURCES CORPORATION (NYSE: RRC) declared that its Board of Directors declared a quarterly cash dividend on its common stock for the third quarter. A dividend of $0.04 per common share is payable on September 30, 2015 to stockholders of record at the close of business on September 15, 2015.

Range Resources Corporation, an independent natural gas, natural gas liquids (NGLs), and oil company, engages in the acquisition, exploration, and development of natural gas and oil properties in the United States. It holds interests in developed and undeveloped natural gas and oil leases in the Appalachian and Midcontinent regions. The company owns 7,582 net producing wells and about 1.4 million net acres under lease in the Appalachian region; and 653 net producing wells and about 383,000 net acres under lease in the Midcontinent region.

Opko Health Inc. (NYSE:OPK)’s shares dropped -1.92% to $10.73.

OPKO Health, Inc. (OPK), declared that the U.S. Food and Drug Administration (FDA) has approved VARUBI™ (rolapitant) in combination with other antiemetic agents in adults for the prevention of delayed nausea and vomiting associated with initial and repeat courses of emetogenic cancer chemotherapy, counting, but not limited to, highly emetogenic chemotherapy.

OPKO Health, Inc., a biopharmaceutical and diagnostics company, engages in the discovery, development, and commercialization of novel and proprietary technologies in the United States and internationally. It operates through two segments, Pharmaceuticals and Diagnostics. The company develops various solutions to diagnose, treat, and prevent various conditions, counting point-of-care tests, molecular diagnostics tests, laboratory developed tests, and proprietary pharmaceuticals and vaccines. Its products comprise 4Kscore test that measures the blood plasma levels of four different prostate-derived kallikrein proteins.

At the end of Friday’s trade, Cypress Semiconductor Corporation(NASDAQ:CY)‘s shares dipped -2.60% to $9.91.

Cypress Semiconductor Corp. (CY) 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 2015 Citi Technology Conference on September 9. The presentation will start at 11:45 a.m. Eastern Time at the New York Hilton Midtown hotel.

 

Cypress Semiconductor Corporation provides mixed-signal programmable solutions, semiconductor memories, and integrated semiconductor solutions worldwide. The company’s 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.

Prologis Inc (NYSE:PLD), ended its Friday’s trading session with -2.99% loss, and closed at $36.68.

Menlo Logistics (Menlo), the US$1.7 billion global logistics and supply chain administration partner of Con-way Inc. (CNW), recently declared a build-to-suit agreement with global industrial real estate developer Prologis, Inc. (PLD) for a new 70,000-square-meter regional logistics facility in Eindhoven, the Netherlands.

The facility will be located at the Acht industrial park in Eindhoven, adjacent to the A2/N2 Eindhoven ring road, which offers direct access to Belgium and Germany, in addition to Amsterdam to the north. It will be one of the largest build-to-suit projects in the region. The expansion spotlights Menlo’s commitment to investing in the expanding market for high-value warehousing, distribution and fulfillment services in the Benelux region, and its growing prominence as a planned logistics hub for central Europe.

Prologis Inc. is an independent equity real estate investment trust. It invests in the real estate markets across the globe. The firm engages in the ownership, development, administration, and leasing of industrial distribution and retail properties. It was formerly known as Security Capital Investment Trust. Prologis Inc. was formed in 1991 and is based in San Francisco, California with an additional office in Denver, Colorado.

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