On Friday, Teekay Tankers Ltd. (NYSE:TNK)’s shares surged 4.41% to $6.15, as on April 2, Teekay Tankers declared that its Board of Directors has declared a cash dividend of $0.03 per share for the quarter ended March 31, 2015. The cash dividend is payable on April 30, 2015 to all shareholders of record as at April 17, 2015.
Teekay Tankers Ltd., together with its auxiliaries, is engaged in the marine transportation of crude oil and refined petroleum products worldwide. It owns and operates crude oil and product tankers. As of April 30, 2014, it owned a fleet of 29 double-hull vessels, counting 11 Aframax tankers, 10 Suezmax tankers, 2 very large crude carrier tankers, 3 long range 2 product tankers, 3 medium-range product tankers, and 1 time-chartered in Aframax tanker, in addition to a 50%-owned very large crude carrier tanker. Teekay Tankers Ltd. is headquartered in Hamilton, Bermuda.
Alcatel-Lucent (NYSE:ALU)’s shares gained 4.39% to $4.04, during the last trading session on Friday, as Bell Labs’ central role in the innovation of the communications industry is being showcased recently as the industrial research arm of Alcatel-Lucent (NYSE:ALU) celebrated the past, present and future of its Murray Hill facility.
Bell Labs’ current generation of researchers are exploring the future of connectivity and communications in the new era defined by the digitization of everything and everyone. This leading-edge work is the latest step in the facility’s never-ending quest to provide real-world solutions to the communications field. This is work preceded by more than 90 years of history that has comprised of countless game-changing innovations and eight Nobel Prizes.
Recently, Bell Labs celebrated this history, using it to chart a path to the future in addition to open doors to a global ecosystem of innovators in order to stimulate and encourage collaboration.
Alcatel-Lucent provides Internet protocol (IP) and cloud networking, and ultra- broadband access worldwide. The company’s Core Networking segment offers IP routing, carrier Ethernet, network functions virtualization, and software defined networking applications and infrastructure to meet the challenges of network traffic growth while supporting the delivery of cloud-enabled business, mobile, and residential services for service providers, mobile network operators, cable/multiple system operators, transportation, utilities, and large-scale enterprises.
At the end of Friday’s trade, Horizon Pharma plc (NASDAQ:HZNP)’s shares gained 4.25% to $28.48, hitting its highest level, after a specialty biopharmaceutical company, declared the U.S. Food and Drug Administration (FDA) granted Fast Track designation for ACTIMMUNE® (interferon gamma-1b) in the treatment of Friedreich’s ataxia (FA), a degenerative neuro-muscular disorder.
Medicines may qualify for Fast Track designation if they are intended to treat a serious or life-threatening disease or condition and demonstrate the potential to address unmet medical needs. Fast Track designation provides greater access to and more frequent communication with the FDA throughout the entire drug development and review process, with the aim of possibly expediting approval. In addition, Fast Track Designation also provides the opportunity to submit sections of the registration dossier for the target indication on a rolling basis and to be considered for priority review at the time of submission based on forthcoming clinical data.
The Company presented the Investigational New Drug (IND) application for ACTIMMUNE in the treatment of FA in February 2015 and declared plans to start a Phase 3 study in the second quarter in partnership with the Friedreich’s Ataxia Research Alliance (FARA) and a sub-set of FARA’s Collaborative Clinical Research Network (CCRN) study centers in FA.
Horizon Pharma plc, a specialty biopharmaceutical company, engages in identifying, developing, acquiring or in-licensing, and commercializing medicines for the treatment of arthritis, pain, inflammatory, and/or orphan diseases in the United States and internationally.
Finally, Knight Transportation Inc. (NYSE:KNX), ended its Friday’s trading session with 4.05% gain, and closed at $31.35, as Knight Transportation anticipates to release its 2015 first quarter earnings on Wednesday, April 22nd 2015, shortly before market open. Knight will be holding a live conference call with analysts and investors to talk about the earnings release, the results of operations, and other matters after its earnings press release on Wednesday, April 22nd 2015, at 4:30 pm EDT. (Please note that, since the call will start promptly as planned, you will need to join a few minutes preceding to that time.)
Knight Transportation, Inc., together with its auxiliaries, operates as a short-to-medium haul truckload carrier of general commodities primarily in the United States. It operates through two segments, Trucking and Logistics.
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