On Thursday, Deutsche Bank AG (USA) (NYSE:DB)’s shares declined -0.13% to $31.14.
Deutsche Bank AG (USA) (DB) declared its appointment as depositary bank for the non-capital raising sponsored Level I American Depositary Receipt program of Brambles Limited (Brambles).
Brambles is a supply-chain logistics company specializing in the pooling and administration of unit-load equipment such as pallets, crates and containers. Brambles predominantly serve the consumer goods, dry grocery, fresh food, retail and general manufacturing industries. In addition, the Brambles Group has specialist businesses serving the automotive manufacturing, aerospace and oil and gas sectors. Headquartered in Sydney, Australia, the company operates in more than 60 countries and is listed on the Australian Securities Exchange.*
Deutsche Bank’s Depositary Receipts team is part of the Issuer Services business within the Bank’s Institutional Cash & Securities Services unit.
In addition to specializing in administering cross-border equity structures such as American and global depositary receipts and global registered shares, Issuer Services provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow and related services. The Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.
Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services worldwide. Its Corporate Banking & Securities division engages in selling, trading, and structuring a range of fixed income, equity, equity-linked, foreign exchange, and commodities products. This division also provides mergers and acquisitions, equity and debt financing, and general corporate finance advice, in addition to various financial services to public sector.
United Technologies Corporation (NYSE:UTX)’s shares gained 0.72% to $115.90.
Air Serbia, the national airline of the Republic of Serbia, has reached a V-Services Fixed Price Agreement to maintain its 21 V2500 engines. The V2500 engine is offered through IAE International Aero Engines AG, an aero engine consortium led by Pratt & Whitney (UTX), in partnership with Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation and MTU Aero Engines.
Air Serbia serves more than 40 Euro-Mediterranean destinations directly from its hub at Belgrade’s Nikola Tesla International Airport. Air Serbia also offers long-haul and international destinations in Asia, Australia and the Americas through its codeshare partners and its shareholding equity partner, Etihad Airways, the national airline of the United Arab Emirates.
Air Serbia was launched as the national airline of the Republic of Serbia on 26th October 2013. It serves more than 40 destinations in Europe, Mediterranean and Middle East directly from its hub at Belgrade’s Nikola Tesla International Airport with passenger and cargo services. The airline also offers long-haul and international destinations in Asia, Australia and Americas through its code-share partners and its equity partner, Etihad Airways that holds a 49% share. The airline presently operates a fleet of 10 narrow-bodied and 6 turboprop aircraft.
United Technologies Corporation provides technology products and services to building systems and aerospace industries worldwide. Its Otis segment designs, manufactures, sells, and installs passenger and freight elevators, escalators, and moving walkways; modernization products to upgrade elevators and escalators; and maintenance and repair services.
At the end of Thursday’s trade, Radius Health Inc (NASDAQ:RDUS)‘s shares surged 15.29% to $59.64.
Radius Health Inc (RDUS) declared first six-month data from the ACTIVExtend study together with 25-month combined data from the phase III ACTIVE and ACTIVExtend studies on its lead candidate abaloparatide-SC. The company’s shares gained 6.5% following the declarement.
Radius Health is developing abaloparatide-SC for reducing the risk of fracture in postmenopausal women suffering from severe osteoporosis. The company stated that patients who formerly accomplished 18-months treatment with abaloparatide-SC in the phase III ACTIVE study and were receiving alendronate in the ACTIVExtend study (extension to the ACTIVE study) did not undergo new vertebral fractures during the first six-month treatment with alendronate.
The ACTIVExtend study is evaluating 24 months of standard-of-care osteoporosis administration in postmenopausal women, after they accomplished 18-month treatment with abaloparatide-SC or placebo in the ACTIVE study.
Meanwhile, Radius Health revealed new data from an exploratory analysis of major osteoporotic fractures on the ACTIVE study, which showed a 67% reduction in major osteoporotic fractures in the abaloparatide treatment group contrast to placebo. Patients in the abaloparatide arm also achieved a 53% reduction in major osteoporotic fractures contrast to Eli Lilly’s LLY Forteo.
Radius Health, Inc., a biopharmaceutical company, focuses on developing therapeutics for patients with osteoporosis and other serious endocrine-mediated diseases in the United States. The company’s lead product comprises abaloparatide SC (BA058), a novel synthetic peptide analog of parathyroid hormone-related protein that is in Phase III clinical development for use in the reduction of fractures in postmenopausal osteoporosis; and Abaloparatide-TD, a line extension of abaloparatide-SC in the form of a transdermal patch that has accomplished Phase II clinical trial, which is used to enhance bone mineral density.
Boeing Co (NYSE:BA), ended its Thursday’s trading session with 1.37% gain, and closed at $145.40.
Boeing Co (BA) declared that it is donating $100,000 to the Mother Emanuel Hope Fund, established by the City of Charleston to provide for the needs of the family members of the victims of yesterday’s shooting.
The Boeing Company, together with its auxiliaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services worldwide. The company operates in five segments: Commercial Airplanes, Boeing Military Aircraft, Network & Space Systems, Global Services & Support, and Boeing Capital.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
