On Monday, Shares of Edison International (NYSE:EIX), gained 0.28% to $57.36.
Edison International, declared an initiative to provide improved responses to major events affecting the electric transmission grid by giving transmission-owning entities access to domestically warehoused long lead-time critical equipment.
Associates of American Electric Power (AEP), Berkshire Hathaway Energy, Duke Energy (DUK), Edison International (EIX), Eversource Energy (ES), Exelon (EXC), Great Plains Energy (GXP), and Southern Company (SO) have signed a memorandum of understanding to pursue development of Grid Assurance, a limited liability company that anticipates to offer subscribers cost-effective solutions for enhancing grid resiliency and protecting customers from prolonged transmission outages.
Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources.
Shares of BioLife Solutions Inc (NASDAQ:BLFS), inclined 1.73% to $2.35, during its last trading session.
BioLife Solutions, declared that a new clinical article citing the use of the Company’s CryoStor cryopreservation freeze media with a dendritic cell based vaccine was published in the journal Oncotarget.
The article can be viewed here: Phase I/II clinical trial of dendritic-cell based immunotherapy (DCVAC/PCa) combined with chemotherapy in patients with metastatic, castration-resistant prostate cancer.
BioLife Solutions, Inc. develops, manufactures, and markets patented hypothermic storage and cryopreservation solutions for cells and tissues in the United States. The companys products are serum-free and protein-free solutions, which are formulated to reduce preservation-induced, delayed-onset cell damage, and death.
At the end of Monday’s trade, Shares of Guess?, Inc. (NYSE:GES, lost - 1.95% to $ 19.33.
Guess?, Inc. (GES), stated financial results for its first quarter ended May 2, 2015.
First Quarter Fiscal 2016 Results
- The Company’s retail stores and e-commerce sites in North America generated revenue of $214.2 million in the first quarter of fiscal 2016, a 6.2% decrease from $228.3 million in the same period a year ago. Comparable store sales counting the results of our e-commerce sites for the first quarter of fiscal 2016 reduced 5.9% in U.S. dollars and 3.8% in constant currency contrast to the same period a year ago.
- Net revenue from the Company’s Europe segment reduced 13.7% to $137.4 million in the first quarter of fiscal 2016, from $159.2 million in the preceding-year period. In constant currency, net revenue raised 7.5%.
- Net revenue from the Company’s Asia segment reduced 8.7% to $64.0 million in the first quarter of fiscal 2016, from $70.1 million in the preceding-year period. In constant currency, net revenue reduced 6.0%.
- Net revenue from the Company’s North American Wholesale segment reduced 5.2% to $37.3 million in the first quarter of fiscal 2016, from $39.3 million in the preceding-year period. In constant currency, net revenue raised 1.4%.
- Licensing segment net revenue raised 1.0% to $25.9 million in the first quarter of fiscal 2016, from $25.6 million in the preceding-year period.
Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of contemporary apparel and accessories for men, women, and children that reflect the American lifestyle and European fashion sensibilities.
Finally, Statoil ASA(ADR) (NYSE:STO), ended its last trade with -1.79% loss, and close at $18.11.
In a meeting in the Corporate Assembly of Statoil ASA, on 9 June 2015 OEystein Loeseth was elected as new chair and Roy Franklin as a new member and deputy chair of Statoil’s board of directors.
Chair of the board Svein Rennemo and board member Jim Mulva had in advance informed the nomination committee that they did not wish to stand for re-election in 2015. Bjoern Tore Godal, Jakob Stausholm and Marjan Oudeman were re-elected as members of the board of directors. Board member Rebekka Glasser Herlofsen, who was elected to the board from 19 March 2015, has been elected until the ordinary election of shareholder-elected members to the board of directors in 2016.
OEystein Loeseth has been a member of Statoil ASA’s board of directors since 1 October 2014 and is a member of the board’s audit committee. Loeseth has noteworthytop managerial experience in the energy sector, with particular expertise and experience from the European energy market. He worked in Vattenfall AB from 2009 to 2014, first as an Executive Vice President and then as the company’s Chief Executive Officer from 2010. In the period 2003 - 2009, Loeseth worked for the Dutch energy company NUON, first as Division Managing Director, then as Managing Director and Chief Executive Officer. In addition, he has extensive administration experience from Statkraft and Statoil within strategy and business development. Loeseth is a Norwegian citizen, and graduated as M.Sc. from the Norwegian University of Science and Technology and as B.Sc. in Business Administration from BI Norwegian School of Administration in Bergen.
Roy Franklin was a member of the board of directors of StatoilHydro from October 2007, and Statoil’s board of directors from November 2009 until June 2013. He has formerly been the chair of both the board’s safety, sustainability and ethics committee and the board’s audit committee. Franklin has broad leadership experience from the oil and gas industry, counting from BP, Paladin Resources and Clyde Petroleum. He has a bachelor of Science in Geology from the University of Southampton, UK. Franklin is a British citizen resident in the UK where he in 2004 was awarded an OBE (Order of the British Empire) for services to the UK oil and gas industry.
The election enters into effect from 1 July 2015 and until the ordinary election of shareholder-elected members to the board of directors in 2016. All candidates were elected in accordance with the proposal from the nomination committee.
Statoil ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products in Norway and internationally.
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