On Thursday, Can Fite Biopharma Ltd (ADR) (NYSEMKT:CANF)’s shares inclined 2.03% to $2.01.
Can-Fite BioPharma Ltd. (CANF) a biotechnology company with a pipeline of proprietary small molecule drugs that address inflammatory and cancer diseases, declared the Company has been invited by Israel’s Office of the Chief Scientist to join a delegation comprised of Israel’s leading life sciences companies to take part in industry visits, presentation sessions, and networking events focused on finding R&D partners and business opportunities in Japan. Can-Fite’s Director of Business Development, Dr. Sari Fishman, will take part in meetings in Tokyo on July 28 through 30, 2015.
The Life Sciences Delegation is being organized under the framework of the new Japan-Israel R&D Cooperation Program, which provides funding support and partner matching assistance for collaborative R&D projects between Israeli and Japanese companies. Organizers of the delegation comprise the Office of the Chief Scientist and MATIMOP-The Israeli Industry Center for R&D, the Foreign Trade Administration, and the Economic Department at the Embassy of Israel in Tokyo, together with the Japanese Ministry of Economy, Trade and Industry (METI) and NEDO, the New Energy and Industrial Technology Development Organization in Japan.
Can-Fite BioPharma Ltd., a clinical-stage biopharmaceutical company, develops small molecule therapeutic products for the treatment of autoimmune-inflammatory, oncological, and ophthalmic diseases. It offers CF101, which has accomplished Phase II/III clinical trials for the treatment of psoriasis; accomplished Phase II clinical trials for the treatment of rheumatoid arthritis; accomplished Phase I clinical study for the treatment of osteoarthritis; and accomplished Phase I study for the treatment of uveitis, in addition to is in Phase II clinical trials for the treatment of glaucoma or related syndromes of ocular hypertension.
Adobe Systems Incorporated (NASDAQ:ADBE)’s shares dropped -0.11% to $80.64.
Tata Consultancy Services, a leading IT services, consulting and business solutions organization, has been selected by Adobe (ADBE), a global leader in digital marketing and digital media solutions, as a Premier Partner, the highest level of partnership among Adobe’s global ecosystem. This new partnership enables TCS clients to fully leverage Adobe’s Marketing Platform and its core solutions, allowing them to design and execute customized strategies and integrated marketing campaigns to suit specific target audiences and customer profiles.
TCS’ strengths in digital marketing solutions and services, advanced technology knowledge, trusted domain expertise, and vast implementation and integration experience, combined with Adobe’s leadership in its Digital Marketing Platform and core solutions, provides customers with an industry-leading, best-in-class, complete end-to-end integrated marketing solution.
As enterprises increasingly preceding digital technologies into their core marketing strategies, they can be assured that TCS and Adobe’s Digital Marketing Solutions and Services will harness centralized and shared data to comprising deliver contextually relevant, real-time personalized experiences to consumers. In turn, these will drive loyalty, improve customer experience and enhance customer satisfaction. Ultimately, this allows enterprise clients to manage complex digital marketing requirements, drive customer acquisition, strengthen retention programs, enhance marketing ROI, build stronger customer relationships, and enhance brand value and market share.
Adobe Systems Incorporated is a diversified software company worldwide. It operates in three segments: Digital Media, Digital Marketing, and Print and Publishing. The Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. This segment’s flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products.
At the end of Thursday’s trade, Penn West Petroleum Ltd (USA) (NYSE:PWE)‘s shares dipped -1.53% to $1.29.
Penn West Petroleum Ltd (USA) (PWE) declared that it has finalized and reached definitive amending agreements with the lenders under its syndicated bank facility and the holders of its senior notes to, among other things, amend its financial covenants as initially revealed by the Company in its press release issued on March 12, 2015 announcing its year-end financial and operational results for 2014.
Since Penn West declared in March that it had reached agreements in principle with its lenders and noteholders, the Company has sold or reached agreements to sell assets for aggregate net proceeds of about $415 million , which comprises $318 million from its formerly declared royalty transactions which were accomplished in early May, and about $97 million from non-core asset dispositions which are predictable to be accomplished by the end of the second quarter of 2015. Following the terms of the amending agreements with its lenders and noteholders, in the event that Penn West completes any asset dispositions prior to March 30, 2017 , it has committed to use the net proceeds from such asset dispositions to repay at par $650 million of the outstanding principal amounts owing to noteholders, with corresponding pro rata amounts from such asset dispositions to be used to repay any outstanding amounts drawn under its syndicated bank facility.
Penn West Petroleum Ltd. explores for, develops, and produces oil and natural gas properties in western Canada. The company’s properties are located in Alberta, British Columbia, Saskatchewan, Manitoba, and the Northwest Territories, Canada; and Wyoming, the United States. As of March 12, 2015, it operated a portfolio of opportunities in light oil in Canada covering a land base of about 4.5 million acres. The company was formerly known as Penn West Energy Trust and changed its name to Penn West Petroleum Ltd. in January 2011. Penn West Petroleum Ltd. was founded in 1979 and is headquartered in Calgary, Canada.
Senior Housing Properties Trust (NYSE:SNH), ended its Thursday’s trading session with -0.98% loss, and closed at $17.10.
Senior Housing Properties Trust (SNH) declared it has declared a regular quarterly common share dividend of $0.39 per common share ($1.56 per share per year). The next quarterly dividend will be paid to common shareholders of record as of the close of business on July 24, 2015 and distributed on or about August 20, 2015.
Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States. The trust invests in hospitals, nursing homes, senior apartments, independent living properties, and assisted living properties. As of September 30, 2005, it owned 184 properties, counting 85 assisted living facilities, 61 skilled nursing facilities, 36 independent living communities, and 2 hospitals.
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