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Sunday 11 October 2015
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Stocks on the Run - Costco Wholesale Corporation (NASDAQ:COST), JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), Omeros Corporation (NASDAQ:OMER)

On Friday, Shares of Costco Wholesale Corporation (NASDAQ:COST), gained 0.74% to $141.05.

Costco Wholesale Corporation, stated net sales of $8.7 billion for the month of August, the four weeks ended August 30, 2015, a decrease of one percent from $8.8 billion during the similar period last year.

For the 16-week fourth quarter, the Company stated net sales of $35.0 billion, an improvement of one percent from $34.8 billion in the fourth quarter last year, which ended August 31, 2014.

Costco Wholesale Corporation, together with its auxiliaries, operates membership warehouses. The company offers branded and private-label products in a range of merchandise categories.

Shares of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO), inclined 0.13% to $8.01, during its last trading session.

JA Solar Holdings Co., declared that Australia’s 70 MW Moree Solar Farm (MSF) has begun to install the batches of solar modules offered by JA Solar since June. As MSF’s exclusive supplier, JA Solar will keep delivering JAP6-315 and JAP6-310 modules to meet all demand of 70 MW modules. Early this year, MSF was acknowledged by IJ Global as the best solar transaction of 2014 in the Asia Pacific region. The award recognizes excellence, achievement and innovation in energy and infrastructure finance.

MSF is located 10 km south of Moree, in northern New South Wales. The project is owned by Fotowatio Renewable Ventures (“FRV”). Project financing totaling $164 million, counting a $102 million grant from the Australian Renewable Energy Agency and $47 million of debt financing from the Clean Energy Finance Corporation, was secured in August 2014, and construction of the farm broke ground in November 2014.

JA Solar Holdings Co., Ltd., together with its auxiliaries, designs, develops, manufactures, and sells photovoltaic solar cells and solar power products based on crystalline silicon technologies.

At the end of Friday’s trade, Shares of Omeros Corporation (NASDAQ:OMER), gained 2.39% to $14.12.

Omeros Corporation, declared additional positive data in the company’s Phase 2 clinical trial of OMS721 for the treatment of thrombotic microangiopathies (TMAs). TMAs are a family of rare, debilitating and life-threatening disorders characterized by excessive thrombi (clots) – aggregations of platelets – in the microcirculation of the body’s organs, most commonly the kidney and brain. OMS721 is Omeros’ lead human monoclonal antibody in its mannan-binding lectin-associated serine protease-2 (MASP-2) program for the treatment of TMAs, counting atypical hemolytic uremic syndrome (aHUS).

The Phase 2 trial is designed to enroll primarily aHUS patients but can also enroll patients with thrombotic thrombocytopenic purpura (TTP) and hematopoietic stem cell transplant (HSCT)-related TMA. The trial has fully enrolled the first and second cohorts and is presently concluding the third and final planned cohort of its dose-ranging stage. In each three-patient cohort, OMS721 is dosed for four weeks. Data from the first (low-dose) cohort were released on February 19, 2015. Recently the company is releasing data from its second (mid-dose) cohort and data to date from its third (high-dose) cohort.

Three patients were treated in the second or mid-dose cohort, two of whom have aHUS and one with TTP. Both patients with aHUS were on renal dialysis preceding to and at the time of study enrollment. Based on the positive data from the mid-dose cohort, the high-dose cohort was initiated and an aHUS patient has already accomplished the study treatment period. No patient with HSCT-related TMA has yet accomplished dosing with OMS721. The data referenced for all patients comprise measures to one week following the last dose.

Omeros Corporation, a biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, coagulopathies, and disorders of the central nervous system. It markets Omidria for use during cataract surgery or intraocular lens, or replacement surgery.

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