On Friday, Geron Corporation (NASDAQ:GERN)’s shares declined -3.48% to $3.33.
Geron Corporation (GERN) stated financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Results
For the second quarter of 2015, the company stated a net loss of $9.4 million, or $0.06 per share, contrast to $8.7 million, or $0.06 per share, for the comparable 2014 period. Revenues for the second quarter of 2015 were $251,000 contrast to $341,000 for the comparable 2014 period. Interest and other income for the second quarter of 2015 amounted to $145,000 contrast to $99,000 for the comparable 2014 period. The company ended the second quarter of 2015 with $157.0 million in cash and investments.
Total operating expenses for the second quarter of 2015 were $9.7 million contrast to $9.0 million for the comparable 2014 period. Research and development expenses for the second quarter of 2015 were $4.8 million contrast to $5.2 million for the comparable 2014 period. General and administrative expenses for the second quarter of 2015 were $4.0 million contrast to $3.9 million for the comparable 2014 period. Operating expenses for the 2015 second quarter also comprised of restructuring charges of $941,000 in connection with the company’s organizational resizing declared in March 2015.
Geron Corporation, a clinical stage biopharmaceutical company, focuses on the development of telomerase inhibitor, imetelstat, for treating hematologic myeloid malignancies. It has partnershipand license agreement with Janssen Biotech, Inc. to develop and commercialize imetelstat worldwide for indications in oncology, counting hematologic myeloid malignancies and other human therapeutic uses. The company was founded in 1990 and is based in Menlo Park, California.
Seagate Technology PLC (NASDAQ:STX)’s shares dropped -2.59% to $48.21.
Seagate Technology plc (STX), a world leader in storage solutions, to take part in the following investor conference:
Event: Citi 2015 Global Technology Conference
Date: Thursday, September 10, 2015
Time: Presentation – 9:30 AM ET / 6:30 AM PT
Location: New York, New York
Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products in the Asia Pacific, the Americas, and EMEA countries. It provides hard disk drives, solid state hybrid drives, solid state drives, PCIe cards, and serial advanced technology architecture controllers that are designed for enterprise servers and storage systems in mission critical and nearline applications; for client compute applications comprising desktop and mobile computing; and for client non-compute applications, such as digital video recorders, personal data backup systems, portable external storage systems, digital media systems, and surveillance systems.
At the end of Friday’s trade, Deere & Company (NYSE:DE)‘s shares dipped -2.15% to $79.25.
The Deere & Company (DE) Board of Directors declared a regular quarterly dividend of $.60 per share on common stock, payable November 2, 2015, to stockholders of record on September 30, 2015.
Deere & Company, together with its auxiliaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide. The company’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, counting large, medium, and utility tractors; loaders; combines, corn pickers, cotton and sugarcane harvesters, and related front-end equipment and sugarcane loaders; and tillage, seeding, and application equipment, counting sprayers, nutrient administration, and soil preparation machinery.
Orbitz Worldwide, Inc. (NYSE:OWW), ended its Friday’s trading session with -0.97% loss, and closed at $11.19.
Airfare prices are down 11 percent and hotel costs remain relatively flat for the last long weekend of summer, according to the Labor Day edition of the Orbitz Insider Index. Last-minute planning is ruling the Labor Day holiday, with 50 percent more people making their holiday travel plans in August as compared to July. The Index also looks back at the travel trends that unfolded during the hot summer months. Notably, Nevada was the darling of domestic travel as the most visited state of Summer 2015.
Orbitz.com Labor Day Orbitz Insider Index
Many Americans will get stamps in their passports this holiday weekend with Cancun, Punta Cana and London being the most popular international destinations for Labor Day weekend. Most domestic travelers will be heading to either California or Florida as both states have multiple cities on the top 10 list. Airfare is down or remains flat in nine of the 10 most popular destinations, with the exception of Punta Cana where airfare is up three percent.
Additional highlights from the Labor Day Orbitz Insider Index comprise:
- Las Vegas again reigns supreme as the number one place to spend Labor Day. Airfare reduced 5 percent on average contrast to last year.
- Orlando may offer the best opportunity for a budget-stretching getaway, with airfare down 22 percent – the biggest decrease in the top 10 list – and hotel prices relatively flat.
- Cancun rose in popularity from the number six destination last year to number four in 2015. With airfare and hotel down 13 percent and 3 percent respectively, a visit to Mexico may be just the ticket for those seeking a laid-back international retreat on a budget.
Orbitz Worldwide, Inc. operates as an online travel company worldwide. It uses technology that enables leisure and business travelers to research, plan, and book a range of travel products and services, counting hotels, flights, vacation packages, car rentals, rail tickets, cruises, travel insurance, destination, services and event tickets. It also provides various travel administration services; and private label travel solutions to a range of partners.
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