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Home » Business & Finance » U.S. Stocks Negative Moves At A Glance: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8×8, Inc (NASDAQ:EGHT), Lexington Realty Trust (NYSE:LXP)
U.S. Stocks Negative Moves At A Glance: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8×8, Inc (NASDAQ:EGHT), Lexington Realty Trust (NYSE:LXP)

U.S. Stocks Negative Moves At A Glance: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8×8, Inc (NASDAQ:EGHT), Lexington Realty Trust (NYSE:LXP)

March 9, 2015 1:02 pm by: Category: Business & Finance Leave a comment A+ / A-

Following U.S. Stocks were among the “Top Losers” during Friday’s trade: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8×8, Inc (NASDAQ:EGHT), Lexington Realty Trust (NYSE:LXP)

Their insights are depicted underneath:

Synta Pharmaceuticals Corp (NASDAQ:SNTA) dipped -5.24%, and closed at $2.53.

According to BUSINESS WIRE, Synta Pharmaceuticals Corp. (SNTA), declared that it will report its fourth quarter and year-end 2014 financial results on March 12, 2015, before market open.

Following the declaration, administration will host a conference call and webcast at 8:30 a.m. ET that morning to talk about the fourth quarter results and provide operational updates.

Synta Pharmaceuticals Corp. is an innovative, agile biopharmaceutical corporation focused on research, development and commercialization of novel oncology medicines that change cancer patients’ lives.

Caesars Entertainment Corp (NASDAQ:CZR)’s shares dwindled -5.22%, and closed at $9.63.

According to PRNewswire, Caesars Entertainment Corporation (CZR), stated the following fourth quarter and full year 2014 results and recent developments:

  • Merged net proceeds raised 6% year-over-year driven by growth at CGP LLC and CERP
  • Merged results led by strength in social and mobile games and new hospitality offerings were offset by unfavorable hold at Caesars Palace and raised operating expenses
  • CEOC declared comprehensive debt restructuring plan on December 19, which comprises a noteworthy reduction in CEOC’s long-term debt and annual interest payments
  • Caesars Attainment Corporation and Caesars Entertainment declared on December 22 an contract to merge in a combined corporation that will be positioned for sustainable long-term growth and value creation.

Caesars Entertainment Corporation (CZR) hosted a conference call on Monday, March 2, 2015 to review its fourth quarter results.

Caesars Entertainment is the world’s most diversified casino-entertainment provider and the most geographically diverse U.S. casino-entertainment corporation. CEC is mainly comprised of the following three entities: the majority owned operating partner Caesars Entertainment Operating Corporation, wholly owned Caesars Entertainment Resort Properties and Caesars Growth Partners, in which we hold a variable economic interest.

8×8, Inc (NASDAQ:EGHT) dropped - 5.19%, and closed at $7.12.

According to BUSINESS WIRE, 8×8 Inc. (EGHT), a leading provider of cloud-based unified communications and contact center solutions, declared that it has been awarded a new patent related to its contact center technologies.

On March 3, 2015, the U.S. Patent and Trademark Office issued United States Patent number 8,972,885 entitled “Networked Contact Center User Interface.”

The new patent relates to, among other things, a web-based user interface for a networked contact center that displays information related to voice calls, chats and emails. A web-based user interface may be offered to allow a tenant’s agent or an agent’s supervisor to communicate and to access information about the contact managed by the networked contact center. Some relevant information may comprise a list of calls waiting in a queue, subject matter of a customer’s question, an agent’s average time to resolve an issue, the names of all the agents presently accessible to assist customers and other contact center related information.

In the new invention, an example transaction panel of the contact center user interface may be constructed to allow an agent to manipulate a particular set of frames for a particular channel of communication. The user interface may comprise one or more sections. Each of the sections may be used to display related information. Merely for simplicity, each section may be referred to as a “frame” which may or may not be associated with visible boundaries. In various example embodiments of the invention, frames in the user interface are used to initiate (e.g., dialing) and respond to (e.g., finding in a queue and responding) a customer contact. Furthermore, a frame used for these purposes presents information in a format that makes the frame selectable. Based on the frame being selected, the frame may display further information in an un-selectable format.

8×8 has been offering networked contact center solutions since 2007. Since its establishment, 8×8 has been awarded one-hundred three (103) United States patents covering a variety of voice and video communications, signaling, processing and storage technologies.

8×8, Inc. (EGHT) is the trusted provider of secure and reliable cloud-based unified communications and virtual contact center solutions to more than 40,000 businesses operating in over 40 countries across six continents.

Lexington Realty Trust (NYSE:LXP) declined -5.17%, and closed at $9.90.

According to GLOBE NEWSWIRE, on February 19, Lexington Realty Trust (LXP), a real estate investment trust focused on single-tenant real estate investments, declared results for the fourth quarter ended December 31, 2014.

Fourth Quarter 2014 Highlights;

  • Generated Corporation Funds From Operations (“Corporation FFO”) of $66.3 million, or $0.27 per diluted ordinary share.
  • Attained three properties for $70.4 million.
  • Invested $24.5 million in on-going build-to-suit projects and loan investments.
  • Generated gross disposition proceeds of $167.2 million from the sale of four office buildings.
  • Received $32.8 million from maturing loan investment.
  • Stepped down $59.0 million of debt.
  • Accomplished 1.9 million square feet of new leases and lease extensions, raising cash and GAAP renewal rents by 4.6%.

Lexington Realty Trust is a real estate investment trust that owns a diversified portfolio of equity and debt interests in single-tenant commercial properties and land. Lexington seeks to expand its portfolio through attainments, sale-leaseback transactions, build-to-suit arrangements and other transactions.

U.S. Stocks Negative Moves At A Glance: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8×8, Inc (NASDAQ:EGHT), Lexington Realty Trust (NYSE:LXP) Reviewed by on . Following U.S. Stocks were among the "Top Losers" during Friday's trade: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8x8, Following U.S. Stocks were among the "Top Losers" during Friday's trade: Synta Pharmaceuticals Corp (NASDAQ:SNTA), Caesars Entertainment Corp (NASDAQ:CZR), 8x8, Rating: 0

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