On Friday, Toronto-Dominion Bank (NYSE:TD)’s shares declined -1.33% to $43.85.
Toronto-Dominion Bank (TD) declared that Bob Dorrance , Group Head, Wholesale Banking, TD Bank Group and Chairman, CEO and President, TD Securities, intends to donate 6,200 TD common shares to charity as part of his ongoing charitable commitments.
As stated in TD’s proxy circular, Mr. Dorrance exceeds his share ownership requirement by a wide margin. As set out under its policies, TD is required to declare by way of press release Mr. Dorrance’s intention to conduct any transaction in TD stock at least five days in advance of the date of the transaction.
The Toronto-Dominion Bank, together with its auxiliaries, provides financial and banking services in North America and internationally. The company operates through Canadian Retail, U.S. Retail, and Wholesale Banking segments. The Canadian Retail segment offers various financial products and services, in addition to telephone, Internet, and mobile banking services to about 15 million personal and small business customers through a network of 1,165 branches and 2,867 automated banking machines in Canada.
Time Warner Cable Inc (NYSE:TWC)’s shares dropped -0.36% to $178.74.
Time Warner Cable Inc (NYSE:TWC) declared it will televise the 78th annual Miss North Carolina Scholarship Pageant live across North Carolina, on June 20th at 7:00 p.m. ET on channel 323. This year, the full preliminary competitions will also be live streamed on TWCSportsChannel.com each night at 7:30 p.m. ET from June 17th through June 19th for TWC customers and non-subscribers.
Time Warner Cable Inc., together with its auxiliaries, provides video, high-speed data, and voice services in the United States. It operates in three segments: Residential Services, Business Services, and Other Operations. The Residential Services segment offers video services, counting video on demand, digital video recorder, and start over and look back services; high-speed data services that comprise communication tools and personalized services, such as email, PC security, parental controls, and online radio services; voice services that comprise unlimited calling in the United States, Canada, Puerto Rico, and Mexico; and IntelligentHome, a security and home administration service.
At the end of Friday’s trade, Organovo Holdings Inc (NYSEMKT:ONVO)‘s shares dipped -3.68% to $5.49.
Organovo Holdings Inc (ONVO) stated its financial results for the fiscal year ended March 31, 2015. The Company also stated its total contract bookings for the exVive3D™ Human Liver Tissue.
The exVive3D Human Liver Tissue is a combination product and service offered by the Company to pharmaceutical industry customers for use mainly in preclinical safety testing. From April 1, 2014 through the date of this release, the Company has recorded total contract bookings for its commercial liver tissue product of about $1.94 million, which comprises $0.29 million in revenue recognized as of March 31, 2015. The customers who have contracted to utilize the exVive3D Human Liver Tissue comprise multiple top 25 global pharma companies, additional public pharmaceutical companies from small to large cap and private venture-backed companies. The Company has had multiple customers sign a second contract, representing repeat business for its liver tissue product. The Company has signed liver service contracts with customers in the United States, Europe and Asia. These stated total contract bookings do not comprise the Company’s contract bookings associated with its research and development activities not involving the exVive3D Human Liver Tissue.
Organovo Holdings, Inc., a development-stage company, focuses on developing and commercializing functional human tissues that could be employed in drug discovery and development, biological research, and as therapeutic implants for the treatment of damaged or degenerating tissues and organs.
GameStop Corp. (NYSE:GME), ended its Friday’s trading session with -0.09% loss, and closed at $42.96.
GameStop Corp. (GME) a family of specialty retail brands that makes the most popular technologies affordable and simple, and Geeknet, Inc. (Nasdaq: GKNT) (“Geeknet”), the parent company of ThinkGeek and ThinkGeek Solutions, recently declared they have reached a definitive agreement under which GameStop will acquire all of the outstanding shares of Geeknet’s common stock for $20.00 per share in cash. The transaction has been approved by the board of directors of both companies and will be accomplished by means of a tender offer. The transaction has a total equity value of about $140 million, counting $37 million of cash and cash equivalents as of March 31, 2015.
Geeknet also declared that it had terminated its formerly declared merger agreement with Hot Topic, Inc. (“Hot Topic”). Following talk aboution with both GameStop and Hot Topic, the Board of Directors of Geeknet determined that the GameStop transaction represented a superior proposal. Geeknet will pay Hot Topic a termination fee following the Hot Topic agreement, for which GameStop has agreed to reimburse Geeknet.
GameStop Corp. operates as a multichannel video game retailer. It sells new and pre-owned video game hardware; physical and digital video game software; pre-owned and value video game products; video game accessories, such as controllers, gaming headsets, memory cards, and other add-ons for use with video game hardware and software; and digital products, counting downloadable content, network points cards, prepaid digital and online timecards, and digitally downloadable software.
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