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Wednesday 19 August 2015
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Pre-Market Stocks Recap: CA, (NASDAQ:CA), Intrexon (NYSE:XON), Resource Capital (NYSE:RSO), Tidewater (NYSE:TDW)

On Monday, CA, Inc. (NASDAQ:CA)’s shares declined -0.03% to $30.49.

CA, Inc. (CA) will host a conference call and webcast at 5:00 p.m. ET on Thursday, July 23, 2015 to talk about financial results for its first quarter fiscal year 2016, which ended on June 30, 2015. The webcast will contain forward-looking statements and other material information.

CA, Inc. provides information technology (IT) administration software and solutions that assist organizations plan, develop, manage, and secure applications and IT infrastructure in the United States and internationally. The company operates through three segments: Mainframe Solutions, Enterprise Solutions, and Services. The Mainframe Solutions segment’s products portfolio comprise systems and database administration, automation, application development, and security; and technologies comprise CA Application Lifecycle Conductor and vStorm Connect Data Streaming for big data.

Intrexon Corp (NYSE:XON)’s shares gained 3.67% to $57.95.

Intrexon Corporation (XON) declared that it has reached a partnership with an investment fund sponsored by Harvest Capital Strategies, LLC. The fund is believed to be the world’s first that is dedicated to the inventions and discoveries of a single company.

Intrexon has agreed to provide the fund a noteworthy number of investment proposals from across five sectors – Health, Energy, Food, Environment and Consumer – that are suitable for pursuit by a startup, counting several in 2015. With respect to such proposals, Intrexon will provide the fund with exclusive rights of first-look and first negotiation. Intrexon presently sees the potential to form up to ten new companies per year, each of which will have access to Intrexon’s proprietary technology platform through an Exclusive Channel Collaboration. Although the partnership with the fund will be complimentary to programs already underway at Intrexon, nothing in the arrangement will limit the Company’s ability to execute other collaborations and joint ventures.

Intrexon Corporation, a biotechnology company, operates in the synthetic biology field in the United States. The company, through a suite of proprietary and complementary technologies, designs, builds, and regulates gene programs, which are DNA sequences that comprise of key genetic components. Its technologies comprise UltraVector gene design and fabrication platform, and its associated library of modular DNA components; cell systems informatics; RheoSwitch inducible gene switch; AttSite Recombinases; protein engineering; mAbLogix; and laser-enabled analysis and processing. Intrexon Corporation has partnership agreements with ZIOPHARM Oncology, Inc.; Synthetic Biologics, Inc.; Oragenics, Inc.; Fibrocell Science, Inc.; Genopaver, LLC; AquaBounty Technologies, Inc.; S & I Ophthalmic, LLC; Biological & Popular Culture, Inc.; OvaXon, LLC; Intrexon Energy Partners, LLC; and Persea Bio, LLC; and planned partnershipand licensing agreement with Merck Serono S.A. The company was formerly known as Genomatix Ltd. and changed its name to Intrexon Corporation in 2005. Intrexon Corporation was founded in 1998 and is based in Germantown, Maryland.

At the end of Monday’s trade, Resource Capital Corp. (NYSE:RSO)‘s shares surged 0.27% to $3.71.

Resource Capital Corp. (RSO) declared that it will pay a cash dividend on its 8.50% Series A Cumulative Redeemable Preferred Stock for the period from May 1, 2015 through and counting July 30, 2015 in the amount of $0.53125 per share. The dividend will be payable on July 30, 2015 to holders of record on July 1, 2015.

Resource Capital Corp., a diversified real estate investment trust, primarily focuses on originating, holding, and managing commercial mortgage loans and other commercial real estate-related debt and equity investments in the United States. The company invests in commercial real estate-related assets, such as first mortgage loans; first priority interests in first mortgage real estate loans; subordinate interests in first mortgage real estate loans; mezzanine debt; commercial mortgage-backed securities; commercial real estate; and residential mortgage loans and mortgaged-backed securities.

Tidewater Inc. (NYSE:TDW), ended its Monday’s trading session with -3.24% loss, and closed at $19.10.

S&P SmallCap 600 constituent NetScout Systems Inc. (NTCT) will replace Tidewater Inc. (TDW) in the S&P MidCap 400, and Tidewater will replace NetScout Systems in the S&P SmallCap 600 after the close of trading on Friday, July 24. NetScout Systems recently accomplished the acquisition of S&P 500 constituent Danaher Corp.’s (DHR) communications business making NetScout Systems’ post transaction market capitalization more representative of the mid-cap market space. Tidewater has a market capitalization more representative of the small-cap market space.

Tidewater provides offshore service vessels and marine support services. Headquartered in New Orleans, LA, the company will be added to the S&P SmallCap 600 GICS Oil & Gas Equipment & Services Sub-Industry index.

Tidewater Inc. provides offshore service vessels and marine support services through the operation of a fleet of marine service vessels to the offshore energy industry worldwide. The company operates in Americas, Asia/Pacific, Middle East/North Africa, and Sub-Saharan Africa/Europe segments. It provides services in support of offshore exploration, field development, and production, counting towing of and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workover, and production activities; offshore construction, remotely operated vehicle (ROV) operations, and seismic and subsea support; and various specialized services, such as pipe and cable laying.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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