On Tuesday, XOMA Corp (NASDAQ:XOMA)’s shares declined -1.40% to $0.860.
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in XOMA Corporation (“XOMA” or the “Company”) (XOMA) of the September 22, 2015 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against the Company and certain officers.
The lawsuit has been filed in the United States District Court for the Northern District of California on behalf of a class comprising of all persons or entities who purchased XOMA securities between November 6, 2014 and July 21, 2015.
The complaint alleges that the Company and certain officers made false and/or misleading statements about the predictable success of the Company’s clinical trials to evaluate gevokizumab for the treatment of, among other things, Behcet’s disease. One of the Company’s trial drugs, EYEGUARD-B, in Phase 3, was projected for imminent commercialization due to high expectations of its clinical trial results.
XOMA Corporation discovers and develops antibody-based therapeutics in the United States, Europe, and the Asia Pacific. The company’s lead product candidate comprises gevokizumab, a proprietary humanized allosteric-modulating monoclonal antibody that binds to the inflammatory cytokine interleukin-1 beta, which is in Phase III clinical trial for NIU and Behçets disease uveitis, pyoderma gangrenosum, active non-infectious anterior scleritis, autoimmune inner ear disease, and cardiovascular diseases, in addition to diseases under the neutrophilic dermatoses designation, Schnitzler syndrome, and other diseases; and various proof-of-concept studies comprising polymyositis/dermatomyositis, Schnitzler syndrome, and giant cell arteritis. I
Ritchie Bros. Auctioneers (USA) (NYSE:RBA)’s shares dropped -0.10% to $30.34.
Ritchie Bros. Auctioneers Incorporated (RBA) reports results for the three months ended June 30, 2015. During the quarter, the Company generated $155.5 million of revenue, a 10% enhance contrast to revenue of $141.8 million in the second quarter last year, and net earnings1 of $46.4 million, an enhance of 20% contrast to net earnings of $38.6 million in the second quarter last year. Diluted earnings per share1 (“EPS”) were $0.43, a 21% enhance contrast to $0.36 in the same quarter last year.
During the first half of 2015, for the six months ended June 30, 2015, the Company generated $271.1 million in revenue, a 13% enhance contrast to $240.4 million during the first six months of 2014. Net earnings were $70.0 million during the first half of 2015, a 32% enhance contrast to $52.9 million in the first half of 2014. Diluted EPS for the first half of 2015 was $0.65, a 33% enhance contrast to the same period last year.
Ritchie Bros. Auctioneers Incorporated, together with its auxiliaries, sells industrial equipment and other assets for the construction, agricultural, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces. The company operates through two segments, Core Auction and EquipmentOne.
At the end of Tuesday’s trade, UTi Worldwide Inc. (NASDAQ:UTIW)‘s shares surged 0.38% to $7.99.
UTi Worldwide Inc. (UTIW) stated financial results for its fiscal 2016 first quarter ended April 30, 2015.
Fiscal First Quarter 2016 vs. Fiscal First Quarter 2015 Results
- Revenues reduced 6.8% to $973.3 million from $1,043.9 million
- Net revenues (revenues minus purchased transportation costs) reduced 10.8% to $329.5 million from $369.4 million
- On a constant currency basis, revenues raised 0.7% and net revenues reduced 3.1%, respectively
- Net loss attributable to UTi Worldwide Inc. reduced to $33.3 million from $43.7 million
- Diluted loss per share reduced to $0.35 from $0.44 per diluted common share
- Earnings before interest, taxes, depreciation and amortization, not taking into account severance and other items set out in the reconciliation comprised of with this press release (Adjusted EBITDA), reduced to $8.0 million from $18.2 million
Fiscal First Quarter 2016 vs. Fiscal Fourth Quarter 2015 Results
- Revenues raised 0.9% to $973.3 million from $964.6 million
- Net revenues raised 5.5% to $329.5 million from $312.2 million
- On a constant currency basis, revenues and net revenues raised 4.1% and 9.1%, respectively
UTi Worldwide Inc. operates as a non-asset-based supply chain services and solutions company. It operates through two segments, Freight Forwarding, and Contract Logistics and Distribution.
Aspen Technology, Inc. (NASDAQ:AZPN), ended its Tuesday’s trading session with -0.38% loss, and closed at $39.12.
Aspen Technology, Inc. (AZPN), a leading provider of software and services to the process industries, recently declared financial results for its fourth quarter and fiscal year ended June 30, 2015.
Fourth Quarter and Fiscal Year 2015 Business Highlights
- The license portion of total contract value was $2.07 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 11.8% contrast to the end of fiscal 2014.
- Total contract value, counting the value of bundled maintenance, was $2.46 billion at the end of fiscal 2015, which raised 2.2% from March 31, 2015 and 12.3% contrast to the end of fiscal 2014.
- Annual spend, which the company defines as the annualized value of all term license and term maintenance contracts at the end of the quarter, was $419 million at the end of fiscal 2015, an enhance of 1.9% from March 31, 2015 and 10.5% from the end of fiscal 2014.
- GAAP operating margin was 41.1%, contrast to 36.8% in the fourth quarter of fiscal 2014. Non-GAAP operating margin was 44.2%, contrast to 39.9% in the fourth quarter of fiscal 2014.
- We repurchased nearly 1.8 million shares of our common stock for $73.6 million in the fourth quarter of fiscal 2015.
Aspen Technology, Inc. provides software and services to the process industries worldwide. The company operates in two segments, Subscription and Software, and Services. It develops software that optimizes the design and operation of process manufacturing plants, and the administration of supply chains of energy and chemical companies.
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