On Friday, Geron Corporation (NASDAQ:GERN)’s shares declined -3.48% to $3.33.
Geron Corporation (GERN) stated financial results for the second quarter ended June 30, 2015.
Second Quarter 2015 Results
For the second quarter of 2015, the company stated a net loss of $9.4 million, or $0.06 per share, contrast to $8.7 million, or $0.06 per share, for the comparable 2014 period. Revenues for the second quarter of 2015 were $251,000 contrast to $341,000 for the comparable 2014 period. Interest and other income for the second quarter of 2015 amounted to $145,000 contrast to $99,000 for the comparable 2014 period. The company ended the second quarter of 2015 with $157.0 million in cash and investments.
Total operating expenses for the second quarter of 2015 were $9.7 million contrast to $9.0 million for the comparable 2014 period. Research and development expenses for the second quarter of 2015 were $4.8 million contrast to $5.2 million for the comparable 2014 period. General and administrative expenses for the second quarter of 2015 were $4.0 million contrast to $3.9 million for the comparable 2014 period. Operating expenses for the 2015 second quarter also comprised of restructuring charges of $941,000 in connection with the company’s organizational resizing declared in March 2015.
Geron Corporation, a clinical stage biopharmaceutical company, focuses on the development of telomerase inhibitor, imetelstat, for treating hematologic myeloid malignancies. It has partnership and license agreement with Janssen Biotech, Inc. to develop and commercialize imetelstat worldwide for indications in oncology, counting hematologic myeloid malignancies and other human therapeutic uses. The company was founded in 1990 and is based in Menlo Park, California.
Edison International (NYSE:EIX)’s shares dropped -0.02% to $57.05.
Edison International to Present at the Barclays CEO Energy-Power Conference 2015
WHAT: Edison International to present at the Barclays CEO Energy-Power Conference 2015
WHO: Jim Scilacci Executive Vice President and Chief Financial Officer Edison International
WHEN: Wednesday, September 9, 2015 1:05 p.m. (Eastern Daylight Time)
Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, agricultural and other, industrial, and public authorities through transmission and distribution netoperates.
At the end of Friday’s trade, Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)‘s shares dipped -0.91% to $70.42.
Starwood Hotels & Resorts Worldwide, Inc. (HOT) will present at the Bank of America Merrill Lynch 2015 Gaming & Lodging Conference in New York, NY on Wednesday, September 9, 2015. Tom Mangas, Executive Vice President, Chief Financial Officer, will speak at the conference at 4:00 p.m. Eastern Time.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.
Hovnanian Enterprises, Inc. (NYSE:HOV), ended its Friday’s trading session with -0.56% loss, and closed at $1.77.
Hovnanian Enterprises, Inc. (HOV), a leading national homebuilder, will release financial results for the third quarter ended July 31, 2015 the morning of Wednesday, September 9, 2015. The Company will webcast its third quarter earnings conference call at 11:00 a.m. (ET) on Wednesday, September 9, 2015.
Hovnanian Enterprises, Inc. designs, constructs, markets, and sells residential homes in the United States. It constructs single-family detached homes, attached townhomes and condominiums, urban infill, and active adult homes. The company markets its build homes for first-time buyers, first-time and second-time move-up buyers, luxury buyers, active adult buyers, and empty nesters in 201 communities in 34 markets.
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