On Thursday, Intrexon Corp (NYSE:XON)’s shares declined -2.29% to $40.98.
Intrexon Corp (XON) declared highlights and financial results for the first quarter ended March 31, 2015.
Soligenix First Quarter Highlights:
- On April 14, 2015, the Company declared it reached agreement with the FDA on the design of a pivotal, Phase 3 clinical trial evaluating SGX203 (oral beclomethasone 17,21-dipropionate or BDP) in the treatment of pediatric Crohn’s disease. SGX203 has formerly been granted both orphan drug and fast track designations from the FDA.
- On March 11, 2015, the Company declared publication in the Proceedings of the National Academy of Sciences of data demonstrating complete protection and immunogenicity of its heat-stable ricin vaccine, RiVax™, in preclinical studies, with analysis of previous human clinical samples. In this study, vaccination with RiVax™ offered 100% protection for non-human primates subsequently exposed to lethal doses of aerosolized ricin.
Intrexon Corporation, a biotechnology company, operates in the synthetic biology field in the United States. The company, through a suite of proprietary and complementary technologies, designs, builds, and regulates gene programs, which are DNA sequences that comprise of key genetic components.
Newfield Exploration Co. (NYSE:NFX)’s shares dropped -2.26% to $34.54.
Newfield Exploration Co. (NFX) is planned to present at the following event. A live webcast of the presentation will be made accessible through Newfield’s website at http://www.newfield.com.
UBS Global Oil and Gas Conference
8:05 a.m. (Central), May 19, 2015
Newfield Exploration Company is an independent energy company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. We are focused on U.S. resource plays and our principal areas of operation comprise the Mid-Continent, the Rocky Mountains and onshore Texas. We also have offshore oil developments in China.
Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids.
At the end of Thursday’s trade, Pengrowth Energy Corp (USA) (NYSE:PGH)‘s shares dipped -2.56% to $3.05.
Pengrowth Energy Corp (USA) (PGH) declared that its June 15, 2015 cash dividend will be Cdn $0.02 per common share. The ex-dividend date is May 20, 2015. The dividend will be payable to all shareholders who hold Pengrowth shares at the close of business on the record date of May 22, 2015.
The dividend of Cdn $0.02 per common share is equivalent to about U.S. $0.017 per common share using a Canadian/U.S. dollar exchange rate of Cdn $1.00:U.S. $0.834. The actual U.S. dollar equivalent of the dividend will be based upon the actual Canadian/U.S. dollar exchange rate in effect on the payment date, net of applicable Canadian withholding taxes for U.S. residents who hold their Pengrowth shares in taxable accounts.
Pengrowth Energy Corporation engages in the acquisition, development, exploration, and production of oil and natural gas assets in the Alberta, British Columbia, Saskatchewan, and Nova Scotia provinces in Canada.
McDermott International (NYSE:MDR), ended its Thursday’s trading session with -2.62% loss, and closed at $4.85.
McDermott International (MDR) declared financial and operational results for the quarter ended March 31, 2015. The Company stated first quarter 2015 net loss of $14.5 million, or $0.06 per fully diluted share counting restructuring charges, contrast to a net loss of $46.5 million, or $0.20 per diluted share, in the preceding-year quarter. Net of restructuring charges, the first quarter 2015 loss would have been reduced by $10.4 million or $0.04 per fully diluted share.
First Quarter 2015 Operating Results
The Company stated first quarter 2015 revenues of $550.5 million, a decrease of $53.3 million contrast to revenues of $603.8 million for the preceding-year first quarter. Revenues for the first quarter 2015 were affected by weather and third-party performance delays on the Company’s INPEX project, in addition to customer initiated changes on Middle East brownfield projects that influenced the timing of vessel mobilization.
McDermott International, Inc. operates as an engineering, procurement, construction, and installation company worldwide. The company operates through three segments: Asia Pacific, Americas, and the Middle East. It focuses on designing and executing offshore oil and gas projects.
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