Stocks Losing Enormously: Cytori Therapeutics (NASDAQ:CYTX), Basic Energy Services, (NYSE:BAS), 3D Systems (NYSE:DDD), Neustar (NYSE:NSR)

Stocks Losing Enormously: Cytori Therapeutics (NASDAQ:CYTX), Basic Energy Services, (NYSE:BAS), 3D Systems (NYSE:DDD), Neustar (NYSE:NSR)

- in Business & Finance
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On Friday, Cytori Therapeutics Inc (NASDAQ:CYTX)’s shares declined -3.34% to $0.657.

Cytori Therapeutics Inc (NASDAQ:CYTX) declared its first quarter financial results and offered updates on its corporate activity and clinical development.

Selected Q1 Highlights:

Cytori received FDA IDE full approval for Pivotal Phase III trial, STAR TRIAL, to evaluate ECCS-50 in treating hand dysfunction associated with scleroderma – Jan’ 2015

FDA approved an enhance in number of STAR trial sites from 12 to 20 – Feb’ 2015

Enrollment began for ACT-OA, a 90 patient, US Phase II trial, to study ECCO-50 in treating osteoarthritis of the knee - Feb’ 2015

Cytori and Lorem Vascular were granted regulatory clearance for Cytori Celution® System by the State Food and Drug Administration of the People’s Republic of China – Apr’ 2015

Cytori received initial purchase order of Celution devices and 1,100 consumable sets from Lorem Vascular, our Chinese Licensee – Apr’ 2015

Cytori was granted orphan drug status for treatment of scleroderma in European Union – Apr’ 2015

Cytori Therapeutics, Inc., a biotechnology company, develops cell therapeutics for specific diseases and medical conditions. The company primarily provides Cytori Cell Therapy compriseing of a heterogeneous population of specialized cells, counting stem cells for the treatment of patients with scleroderma hand dysfunction, orthopedic disorders, cardiovascular disease, urinary incontinence, and thermal burns combined with radiation injury.

Basic Energy Services, Inc (NYSE:BAS)’s shares dropped -3.28% to $9.13.

Basic Energy Services, Inc (NYSE:BAS) stated selected operating data for the month of April 2015. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 50,700 producing a rig utilization rate of 50%, contrast to 55% and 70% in March 2015 and April 2014, respectively.

During the month, Basic’s fluid service truck count reduced by 15 to 1,008. Fluid service truck hours for the month were 190,600 contrast to 202,900 and 212,200 in March 2015 and April 2014, respectively.

Drilling rig days for the month were 124 producing a rig utilization of 34%, contrast to 50% and 81% in March 2015 and April 2014, respectively.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States. Its Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.

At the end of Friday’s trade, 3D Systems Corporation (NYSE:DDD)‘s shares dipped -3.09% to $21.33.

3D Systems Corporation (NYSE:DDD) declared recently that it plans to host an analyst event on Tuesday, May 19, 2015, from 1:00 p.m. until about 4:00 p.m. PT at its Wilsonville, Oregon location.

The event will feature presentations by 3DS’ senior administration, counting:

  • Avi Reichental, President and CEO
  • Mark Wright, Executive Vice President, Chief Operating Officer
  • Kevin McAlea, Executive Vice President and Chief Operating Officer, Healthcare
  • Jeff Blank, Vice President, Engineering and Chief Development Officer
  • Chuck Hull, Executive Vice President, Chief Technology Officer

Following the presentation, attendees will have an opportunity to meet and talk with the company’s new CFO Dave Styka and to tour 3DS’ Wilsonville facility.

3D Systems Corporation, through its auxiliaries, operates as a provider of 3D printing centric design-to-manufacturing solutions in the Americas, Germany, and the Asia-Pacific, in addition to other European, the Middle East, and African countries.
Neustar Inc (NYSE:NSR), ended its Friday’s trading session with -2.82% loss, and closed at $27.55.

Neustar Inc (NYSE:NSR) declared that Carl Steffens has been named Vice President of Demand & Field Marketing, responsible for leading Neustar’s Demand Generation and Field Marketing teams. Steffens joins Neustar from Adobe Systems, where he spent the last 10 years supporting Adobe’s global enterprise business.

Most recently at Adobe Systems, Steffens assisted lead global enablement, measurement, and operations for the company’s enterprise business. Preceding to that, he led Adobe’s North America Field Marketing and Web/Relationship Marketing targeting enterprises. Preceding to Adobe, he held senior marketing roles at PeopleSoft and two early SaaS startups. Steffens will be based out of Neustar’s San Francisco office and report to Rosner.

NeuStar, Inc. provides real-time information services and analytics worldwide. The company serves marketing and security functions in the communications, financial services, media and advertising, retail and e-commerce, Internet, and technology industries. Its integrated marketing solution enhances clients’ ability to acquire and retain valuable customers across disparate platforms.

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