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Saturday 27 June 2015
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Latest Update

Pre-Market News Alert on: Southern Copper (NYSE:SCCO), Ocwen Financial (NYSE:OCN), Viacom, (NASDAQ:VIAB), Alder Biopharmaceuticals (NASDAQ:ALDR)

On Wednesday, Southern Copper Corp (NYSE:SCCO)’s shares inclined -.10% to $31.08.

Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against Southern Copper Corporation (SCCO).

If you currently own shares of Southern Copper and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/SCCO or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.

Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce anode copper; and refining of anode copper to produce copper cathodes, in addition to molybdenum concentrate, refined silver and gold, and other materials. It operates the Toquepala, Cuajone, La Caridad, and Buenavista mine complexes, in addition to the smelting and refining plants, which produce copper with production of by-products of molybdenum, silver, and other materials.

Ocwen Financial Corp (NYSE:OCN)’s shares gained 0.47% to $10.76.

The NAACP Florida State Conference and Ocwen Financial Corporation (OCN) hosted a “Assist & Hope for Homeowners” event on Saturday, June 20, which offered Florida homeowners in need the opportunity to receive in-person, individualized advice and mortgage solutions.

Homeowners had the opportunity to meet with Ocwen Home Retention Agents, who talk abouted loan modification options to make their mortgage payments more manageable, potentially saving their home from foreclosure. United States Department of Housing and Urban Development (HUD) approved financial counselors were also in attendance providing financial counseling and assisting homeowners with the necessary paperwork.

Homeowners had the opportunity to meet with Ocwen Home Retention Agents, who talk about loan modification options to make their mortgage payments more manageable, potentially saving their home from foreclosure. United States Department of Housing and Urban Development (HUD) approved financial counselors were also in attendance providing financial counseling and assisting homeowners with the necessary paperwork.

Ocwen Financial Corporation, a financial services holding company, engages in servicing and origination of mortgage loans in the United States. Its Servicing segment provides residential and commercial mortgage loan servicing, special servicing, and asset administration services to owners of mortgage loans and foreclosed real estate. This segment’s residential servicing portfolio comprises conventional, government insured, and non-agency loans.

At the end of Wednesday’s trade, Viacom, Inc. (NASDAQ:VIAB)‘s shares dipped -1.16% to $66.74.

Janet Jackson stands as one of the best-selling artists of all time with a string of hits that have left an indelible impression on pop culture. She is the first African-American female artist to have hit singles in each of the last four decades. Her music has won her 6 GRAMMY® Awards, 2 Emmy Awards, a Golden Globe Award, a nomination for an Academy Award together with dozens of American Music Awards, MTV Video Music Awards, BET Awards and Billboard Music Awards. BET Networks, a partner of Viacom, Inc. (VIAB), Janet Jackson, one of the world’s most influential entertainers, will be receiving the inaugural ULTIMATE ICON: Music Dance Visual award at the 15th annual “BET Awards” 2015 on Sunday, June 28, 2015, it was declared by Stephen G. Hill, BET’s President of Programming.

Ciara, Jason Derulo and Tinashe are slated to perform a special dance tribute to the iconic entertainer, which is set to comprise her just released single, “No Sleeep.” The entertainer sent her fans into social media frenzy when she recently declared her forthcoming first studio album in seven years and the first leg of her highly anticipated UNBREAKABLE WORLD TOUR, a 37-date tour starting August 31st in Vancouver, BC.

Viacom Inc. operates as an entertainment content company in the United States and internationally. The company creates television programs, motion pictures, short-form video, applications, games, consumer products, social media, and other entertainment content.

Alder Biopharmaceuticals Inc (NASDAQ:ALDR), ended its Wednesday’s trading session with 4.73% gain, and closed at $49.82.

Alder BioPharmaceuticals, Inc. (ALDR), a clinical-stage biopharmaceutical company, declared that it intends to offer and sell, subject to market and other conditions, $200.0 million of its common stock in an underwritten public offering. In connection with this offering, Alder anticipates to grant the underwriters a 30-day option to purchase up to $30.0 million of additional shares of common stock.

Credit Suisse, Leerink Partners and Wells Fargo Securities are acting as joint book-running managers for the offering. Bernstein is acting as co-manager for the offering.

Alder BioPharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes various therapeutic antibodies in the United States and Australia. It is developing monoclonal antibodies comprising ALD403, which has accomplished Phase Ib proof-of-concept trials to target calcitonin gene-related peptide for the prevention of migraine; Clazakizumab that has accomplished Phase IIb clinical trials that inhibits the pro-inflammatory cytokine interleukin-6 in the treatment of rheumatoid arthritis and psoriatic arthritis; and ALD1613, which is in preclinical stage of development for the treatment of Cushing’s disease.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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