On Monday, Shares of Expedia Inc (NASDAQ:EXPE), gained 0.75% to $109.50.
Expedia Inc, declared the kick-off of its summer with Girls Who Code – a national non-profit organization that seeks to inspire, educate and equip girls with computing skills for the 21st century.
Expedia, Inc. will host 30 high school girls at its headquarters: 20 in the widely celebrated Girls Who Code Summer Immersion Program starting June 29, 2015, and 10 in an all new Expedia Apprenticeship Program, that already began with enthusiasm from participants and Expedia employees.
Expedia, Inc., together with its auxiliaries, operates as an online travel company in the United States and internationally. The company operates in two segments, Leisure and Egencia.
Shares of C&J Energy Services, Ltd. (NYSE:CJES), declined -0.96% to $ 13.47, during its last trading session.
C&J Energy Services, declared that on June 4, 2015, C&J’s board of directors accepted the resignation of Mr. Michael C. Linn and Nabors Industries Ltd.’s (“Nabors”) designation of Mr. Sheldon R. Erikson as Mr. Linn’s replacement. Nabors’ designation of Mr. Erikson follows discussions between Mr. Anthony Petrello, Nabors’ Chairman and Chief Executive Officer, and Mr. Josh Comstock, C&J’s Chairman and Chief Executive Officer, regarding C&J’s ongoing integration and international expansion strategies. Mr. Erikson’s qualifications were also reviewed by C&J’s Nominating & Governance Committee, who recommended to the full C&J board that Mr. Erikson be designated to the vacancy filled by Mr. Linn’s resignation. Both Nabors and C&J believe that Mr. Erikson’s depth of planned and operational expertise, coupled with broad industry experience, will be extremely valuable as C&J continues to grow and expand internationally. Nabors’ designation of Mr. Erikson is following Nabors’ right to designate three C&J directors, in addition to Mr. Comstock as Chairman, until the earlier of March 24, 2020 and such date that Nabors beneficially owns less than 15% of C&J’s issued and outstanding common shares. In addition to serving on the board of directors, Mr. Erikson has replaced Mr. Linn on the Compensation Committee and the Nominating & Governance Committee of the board.
C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies.
At the end of Monday’s trade, Shares of Ignyta Inc (NASDAQ:RXDX), lost -2.69% to $16.28.
Ignyta Inc, declared the pricing of an underwritten public offering of 4,285,714 shares of its common stock at a price to the public of $17.50 per share. The gross proceeds from this offering are predictable to be about $75.0 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Ignyta. Ignyta has granted the underwriters a 30-day option to purchase up to an additional 642,857 shares of common stock in connection with the offering. The offering is predictable to close on or about June 16, 2015, subject to customary closing conditions.
Ignyta anticipates using the net proceeds from the offering to fund research and development activities for its development programs and for working capital and general corporate purposes.
Ignyta, Inc., a precision oncology biotechnology company, engages in discovering or acquiring, developing, and commercializing new drugs for cancer patients. Its products pipeline comprises of entrectinib, a tyrosine kinase inhibitor directed to the Trk family tyrosine kinase receptors, ROS1, and ALK proteins, which is in two Phase I/II clinical studies in molecularly defined patient populations for the treatment of solid tumors; and RXDX-103, a development program targeting the cell division cycle 7-related and protein kinase. The company was founded in 2011 and is based in San Diego, California.
Finally, Loews Corporation (NYSE:L), ended its last trade with 0.87% gain, and close at $39.61.
Loews Corporation, declared that it will issue its future fleet status reports each calendar quarter concurrent with the release of its quarterly earnings. The Company has historically issued its fleet status reports on a monthly basis. The change from monthly to quarterly reporting is intended to better protect sensitive customer and contract information in light of competitive dynamics in the offshore drilling industry.
Loews Corporation, through its auxiliaries, operates as a commercial property and casualty insurance company primarily in the United States. The company offers administration and professional liability insurance and risk administration services, and other specialized property and casualty coverage’s; commercial surety and fidelity bonds; and warranty and alternative risk services primarily for vehicles and portable electronic communication devices.
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