On Thursday, Shares of Jumei International Holding Ltd (ADR) (NYSE:JMEI), lost - 0.31% to $ 22.81.
Jumei International Holding Ltd, declared that it has attained a minority stake in It’S SKIN, a Korean beauty brand.
It’S SKIN is a prestige Korean beauty brand that has become very popular amongst Chinese consumers.
Mr. Leo Ou Chen, founder and CEO of Jumei, stated, “The popularity of Korean beauty products in China has grown rapidly over the past few years. With an extensive catalogue of prestige products, It’S SKIN is an ideal partner for Jumei to collaborate with as we build Jumei Global into the largest cross border e-commerce platform in China. It’S SKIN will greatly benefit from the growing size and scale of our platform.”
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children.
Shares of Lightbridge Corp (NASDAQ:LTBR), declined 31.30% to $ 1.72, during its last trading session.
Lightbridge Corp, declared that the Korean Intellectual Property Office has approved and issued to Lightbridge a key patent covering the Company’s multi-lobed metallic fuel rod design and fuel assemblies. Patent No. 10-151116 — “Nuclear Reactor (Variants), Fuel Assembly Comprising of Driver-Breeding Modules for a Nuclear Reactor (Variants) and a Fuel Cell for a Fuel Assembly” — expands international protection of Lightbridge’s proprietary fuel technology with indicated benefits of improved reactor safety and improved operating economics.
“The South Korean patent is another important milestone in the development of our fuel assembly designs for existing and new build pressurized water reactors,” said Seth Grae, Lightbridge President and Chief Executive Officer. “Korea represents a noteworthy potential market for Lightbridge metallic fuel with 24 operating pressurized water reactors and an additional 12 reactors either under construction or planned by 2035, according to the most current data compiled by the World Nuclear Association.”
Lightbridge Corporation operates as a nuclear fuel technology company worldwide. It operates in two segments, Technology and Consulting. The company engages in the design and development of proprietary nuclear fuels.
At the end of Thursday’s trade, Shares of Monogram Residential Trust, Inc. (NYSE:MORE), lost - 0.21% to $ 9.51.
Monogram Residential Trust, declared that administration of the Company will present at REITWeek 2015: NAREIT’s Investor Forum at the New York Hilton Midtown, in New York, New York on Tuesday, June 9, 2015 from 11:45 a.m. to 12:15 p.m. Eastern Time.
Monogram Residential Trust, Inc. is an equity real estate investment trust. The trust invests in the real estate markets of United States. It engages in investment, development and operation of real estate assets.
Finally, Kosmos Energy Ltd (NYSE:KOS), ended its last trade with -0.80% loss, and close at $ 8.65.
Kosmos Energy, declared the publication of its third annual Corporate Responsibility Report. The report reviews the company’s safety, environmental, and social performance and illustrates Kosmos’ commitment to transparency and its dedication to operating in accordance with its Business Principles.
“At Kosmos, we recognize that delivering lasting benefits to local communities and developing mutual trust with host governments is just as important as operating competently below the ground. That is why we assist our host countries plan for future success in managing hydrocarbon resources, and invest in building the capacity needed to support sustainable local petroleum sectors. Our aim is to conduct our operations in a manner that creates widely shared economic opportunity,” said Andrew G. Inglis, chairman and chief executive officer.
Kosmos Energy Ltd. explores for and produces oil and gas in Africa, Europe, and South America. Its asset portfolio comprises production and other development projects in offshore Ghana, in addition to exploration licenses with hydrocarbon potential in offshore Ireland, Mauritania, Morocco, Senegal, and Suriname. The company was founded in 2003 and is based in Hamilton, Bermuda.
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