On Wednesday, McEwen Mining Inc (NYSE:MUX)’s shares inclined 4.00% to $0.780.
McEwen Mining Inc. (MUX) declared record quarterly production at the El Gallo Mine in Mexico of 17,325 gold equivalent ounces1, 15% above guidance for the quarter. On a merged basis, gold production for the quarter was 39,164 gold equivalent ounces1.
Highlights
- Record quarterly production at the El Gallo Mine of 17,325 gold equivalent ounces1.
- Total Q2 2015 production of 39,164 gold equivalent ounces1, an enhance of 36% over Q2 2014.
- Year-to-date gold production of 72,598 gold equivalent ounces1, an enhance of 24% over the first six months of 2014.
- Higher average processed gold grade at El Gallo Mine of 3.7 grams per tonne (gpt) vs. 3.2 gpt last quarter.
- Current cash and precious metals of $27.3 million2 $17.3 million2 stated on May 11th, 2015.
Financial Results
Operating costs for Q2 2015 will be released with the Quarterly Financial Statements on August 10th, 2015.
McEwen Mining Inc. explores for, develops, produces, and sells precious and base metals in Argentina, Mexico, and the United States. It primarily explores for gold, silver, and copper. The company’s principal assets comprise of a 49% interest in the San José Mine in Santa Cruz, Argentina; the El Gallo 1 mine and El Gallo 2 project in Sinaloa, Mexico; the Gold Bar project in Nevada, the United States; and the Los Azules copper project in San Juan, Argentina.
Box Inc (NYSE:BOX)’s shares dropped -1.22% to $17.83.
IBM (IBM) and Box (BOX) declared a global partnership that will combine the best-in-class technologies and resources of both companies to transform work in the cloud. Together, the companies plan to integrate their existing products and services and develop new, innovative solutions targeted across industries and professions ranging from medical teams working on complex cases to individuals negotiating consumer loans by mobile phone to engineers and researchers identifying patterns in patents, reports and academic journals.
As companies increasingly seek simple, secure partnership solutions that tap into local data and have global reach, this planned alliance brings together Box’s industry-leading cloud content partnership platform with IBM Analytics and Social solutions, IBM Security technologies and the global footprint of the IBM Cloud. The two companies will jointly deliver these solutions to market internationally, and IBM will also enable builders and developers to integrate Box APIs into enterprise apps and web services.
Box, Inc. provides a cloud-based enterprise content partnership platform that enables organizations of various sizes to access, store, share, and manage their content/information. Its solutions comprise FTP alternative to keep content organized, share files, and manage content access; document administration; an executive boardroom for simplified meeting administration, security and control, and secure mobile access; project administration; a virtual data room; marketing asset administration; a sales portal; secure enterprise mobility; and business applications for enterprise-readiness. It serves advertising, construction, consumer packaged goods, education, energy, financial services and insurance, government, healthcare and life sciences, high tech, legal, manufacturing, media and entertainment, nonprofits, and retail industries. Box, Inc. was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011.
At the end of Wednesday’s trade, ImmunoGen, Inc. (NASDAQ:IMGN)‘s shares surged 0.06% to $16.91.
ImmunoGen, Inc. (IMGN) declared the first presentation of findings with the Company’s CD37-targeting ADC, IMGN529, in combination with the CD20-targeting antibody, rituximab (Rituxan®), in preclinical assessments. These data are being presented in a poster at the 13th International Conference on Malignant Lymphoma taking place in Lugano, Switzerland (abstract #P-274).
Among the findings being presented are:
- IMGN529 exhibits strong synergy with rituximab and other CD20-targeting antibodies in cell lines representative of an array of non-Hodgkin lymphoma (NHL) subtypes, counting both GCB and ABC diffuse large B-cell lymphoma (DLBCL);
- Compriseent with the in vitro findings, the combination of IMGN529 and rituximab was highly active against DLBCL models in vivo;
- Synergy also was seen in vitro in a model representative of “double hit” lymphoma, a particularly difficult-to-treat type of DLBCL characterized by deregulation of two different genes, BCL2 (or BCL6) and MYC; and
- Both IMGN529’s antibody component and its DM1 payload contributed to its synergistic activity with rituximab.
ImmunoGen, Inc., a biotechnology company, develops targeted anticancer therapeutics. It develops its products using its antibody-drug conjugates technology. The company offers Kadcyla, an antibody-drug conjugate for the treatment of HER2-positive metastatic breast cancer. Its product candidates comprise IMGN853, which is in Phase I clinical trials for the treatment of ovarian cancer, endometrial cancer, and other cancers; IMGN289 that is in Phase I clinical trials for treating squamous cell carcinoma of head and neck cancer, and non-small cell lung cancer; IMGN529, which is in Phase I clinical trials for the treatment of non-Hodgkin lymphoma and chronic lymphocytic leukemia; and IMGN779 that is in preclinical stage for treating acute myeloid leukemia.
Six Flags Entertainment Corp (NYSE:SIX), ended its Wednesday’s trading session with -2.62% loss, and closed at $47.25.
Six Flags Entertainment Corporation (SIX), the world’s largest regional theme park company, declared that it will take part in the following forthcoming investor conferences:
Credit Suisse Gaming, Lodging, Leisure & Restaurant Conference – August 6, 2015 at Credit Suisse in New York, NY
Wells Fargo Technology, Media & Telecom Conference – November 11, 2015 at the Waldorf Astoria hotel in New York, NY
Copies of presentations used at the conferences will be posted on the company’s Investor Relations website at www.sixflags.com/investors.
Six Flags Entertainment Corporation owns and operates regional theme and water parks. Its parks offer various thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues, and retail outlets. The company owns and operates 18 parks, counting 16 parks in the United States; 1 park in Mexico City, Mexico; and 1 park in Montreal, Canada. It operates its parks under the Six Flags brand name. The company was formerly known as Six Flags, Inc. and changed its name to Six Flags Entertainment Corporation in April 2010. Six Flags Entertainment Corporation was founded in 1971 and is based in Grand Prairie, Texas.
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