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Wednesday 30 September 2015
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Traders Recap: Gilead Sciences, Inc. (NASDAQ:GILD), Metlife Inc (NYSE:MET), Signet Jewelers Ltd. (NYSE:SIG)

On Thursday, Shares of Gilead Sciences, Inc. (NASDAQ:GILD), lost -2.26% to $101.91.

Gilead Sciences declared that the company’s Marketing Authorization Application (MAA) for an investigational, once-daily single tablet regimen that combines emtricitabine 200 mg, tenofovir alafenamide 25 mg and rilpivirine 25 mg (R/F/TAF) has been fully validated and is now under evaluation by the European Medicines Agency (EMA). Emtricitabine and tenofovir alafenamide are marketed by Gilead Sciences and rilpivirine is marketed by Janssen Sciences Ireland UC, one of the Janssen Pharmaceutical Companies of Johnson & Johnson.

The data comprised in the application support the use of R/F/TAF for the treatment of HIV-1 infection in adults and pediatric patients 12 years and older.

“With this validation, R/F/TAF is now the third TAF-based filing under review by the EMA as we advance a portfolio of new treatment options that may offer high efficacy and favorable safety profiles,” said Norbert Bischofberger, PhD, Executive Vice President, Research and Development and Chief Scientific Officer, Gilead Sciences. “The R/F/TAF filing also represents the next step in our partnership with Janssen to develop HIV treatments that potentially meet the diverse needs of people living with HIV.”

Gilead Sciences, Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines in areas of unmet medical need in North America, South America, Europe, and the Asia-Pacific.

Shares of Metlife Inc (NYSE:MET), inclined 0.23% to $48.96, during its last trading session.

MetLife declared the company has designated ARGONAUT as its new creative agency. The appointment follows an agency review initiated in March 2015.

ARGONAUT will serve as the company’s global agency of record with responsibility for delivering creative work in the U.S. and collaborating with relevant agencies around the world to ensure MetLife presents a single, unified brand in all of the markets where the company does business. The agency will develop a new brand campaign in addition to executions that are specific to MetLife’s businesses.

“ARGONAUT is a big ideas agency that understands how to get underneath the complexity of large companies, find the soul of the brand and express it in a meaningful and un-ignorable way,” said Esther Lee, Global Chief Marketing Officer at MetLife. “They also invest the time and intellect to really understand the underlying mechanics of our business, which is crucial to bringing about business-shifting execution.”

MetLife, Inc. provides life insurance, annuities, employee benefits, and asset administration products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa.

Finally, Signet Jewelers Ltd. (NYSE:SIG), ended its last trade with -0.64% loss, and closed at $137.19.

Signet Jewelers Limited, declared its results for the 13 weeks ended August 1, 2015.

Mark Light, Chief Executive Officer of Signet Jewelers, said, “Signet delivered a second quarter increase in same store sales of 4.2%, earnings per share of $0.78, and adjusted earnings per share of $1.28, a 19.6% increase. These results exceeded our same store sales and adjusted EPS guidance for the quarter. Results were driven by strong and consistent sales growth across all of our selling channels, as well as solid profitability and disciplined cost management across our organization.

“The integration of Zale continues to go well, and we have begun to see the benefit of net synergies positively impact our operating results. I am increasingly confident that we are on track in FY16 to realize 20% of our three year net synergy target of $150 million to $175 million. We remain committed to maintaining profitable growth while balancing investment back into the business with shareholder distribution.

Signet Jewelers Limited engages in the retail sale of jewelry and watches in the United States, the United Kingdom, the Republic of Ireland, and the Channel Islands. Its Sterling Jewelers division operates stores in malls and off-mall locations under the Kay Jewelers, Kay Jewelers Outlet, Jared The Galleria Of Jewelry, Jared VaultTM, Jared Jewelry BoutiqueTM, Jared Vivid, JB Robinson Jewelers, Marks & Morgan Jewelers, Every kiss starts with Kay, He went to Jared, Celebrate Life. Express Love., the Leo Diamond, Hearts Desire, Artistry Diamonds, Charmed Memories, Diamonds in Rhythm, and Open Hearts by Jane Seymour names.

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