On Thursday, American Apparel Inc (NYSEMKT:APP)’s shares declined -5.53% to $0.495.
American Apparel, Inc. (APP), a vertically-integrated manufacturer, distributor, and retailer of branded fashion-basic apparel, recently declared another leadership appointment. Brian McHale has been named Senior Vice President and Chief Information Officer.
As Chief Information Officer, McHale will oversee information technology and computer systems at the company. In addition to providing critical support to American Apparel’s onsite hardware and software applications, McHale will also lead the development and expansion of the company’s retail digital capabilities alongside Thoryn Stephens, recently designated Chief Digital Officer.
McHale comes to American Apparel with over 25 years of experience developing IT governance, Business Intelligence and Big Data solutions for some of the U.S.’s largest companies such as DirecTV and Verizon. He has also transformed these companies to cloud-based infrastructures, driving efficiencies and cost savings. McHale’s experience comprises work for agency clients in a variety of categories, counting turnaround businesses, similar to American Apparel.
McHale assumed his role on April 13, 2015, and reports directly to Chief Financial Officer Hassan Natha.
American Apparel, Inc. designs, manufactures, distributes, retails, and sells branded fashion basic apparel products, and clothing and accessories for women, men, children, and babies. It offers T-shirts, denim, sweaters, jackets, and accessories. The company sells its products through the wholesale distribution channel, counting supplying T-shirts and other casual wear to distributors and screen printers; direct to customers through its retail stores; and through an online retail e-commerce Website, americanapparel.com.
Anthera Pharmaceuticals Inc (NASDAQ:ANTH)’s shares gained 3.23% to $9.59.
Anthera Pharmaceuticals Inc (ANTH) declared that it has met the enrollment target of its CHABLIS-SC1 Phase 3 clinical trial evaluating blisibimod for the treatment of lupus. Final data from the trial is predictable in the second half of 2016.
Results from CHABLIS-SC1, and eventually CHABLIS-SC2, are anticipated to support marketing approval for blisibimod as a treatment for active SLE that is not controlled by current best practice standard-of-care, counting corticosteroids.
Anthera Pharmaceuticals, Inc., a biopharmaceutical company, focuses on developing and commercializing medicines for patients with unmet medical needs. It is developing blisibimod, a Phase III product candidate that targets B-cell activating factor associated with various B-cell mediated autoimmune diseases, counting systemic lupus erythematosus, Immunoglobulin A nephropathy, lupus nephritis, and others. The company is also developing a Phase III product candidate Liprotamase, a non-porcine investigational pancreatic enzyme replacement therapy intended for the treatment of patients with exocrine pancreatic insufficiency. Anthera Pharmaceuticals, Inc. was founded in 2004 and is headquartered in Hayward, California.
At the end of Thursday’s trade, First Niagara Financial Group Inc. (NASDAQ:FNFG)‘s shares surged 0.42% to $9.64.
First Niagara Financial Group, Inc. (FNFG) named Jeff L. Hubbard to serve as New England Regional President, leading the company’s New Haven-based team of bankers across Connecticut and Massachusetts.
Hubbard joins First Niagara from TD Bank, N.A., where he served for six years, most recently as Regional Vice President, Commercial Banking responsible for managing the daily business activities for the bank in the Hartford region of Connecticut, in addition to expanded responsibility for leading the bank’s commercial, middle market and small business lending activities statewide.
First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.
Franklin Resources, Inc. (NYSE:BEN), ended its Thursday’s trading session with 1.08% gain, and closed at $51.35.
Franklin Resources, Inc. (BEN) declared a quarterly cash dividend in the amount of $0.15 per share payable on July 15, 2015 to stockholders of record holding shares of common stock at the close of business on June 30, 2015. The quarterly dividend of $0.15 per share is equivalent to the dividend paid for the prior quarter and represents a 25% enhance over the quarterly dividend paid for the same quarter last year.
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.
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