On Wednesday, Following U.S. Stocks were among the “Top Gainers”: MagneGas Corporation, (NASDAQ:MNGA), Box, (NYSE:BOX), VeriFone Systems, (NYSE:PAY), MEI Pharma, (NASDAQ:MEIP)
MagneGas Corporation, (NASDAQ:MNGA), with shares inclined 8.07%, closed at $0.97.
Box, (NYSE:BOX), with shares jumped 4.53%, settled at $20.53.
VeriFone Systems, (NYSE:PAY), with shares climbed 4.25%, and closed at $34.60.
MEI Pharma, (NASDAQ:MEIP), surged 7.28%, and closed at $6.04.
Latest NEWS regarding these Stocks are depicted underneath:
MagneGas Corporation (NASDAQ:MNGA)
MagneGas Corporation (MNGA), a technology corporation that counts among its inventions a patented process that converts liquid waste into hydrogen-based fuels and sterilized liquids, declared that it has filed provisional patents related to micro-biological applications in municipal and agricultural industries.
The latest provisional patents are part of MagneGas Corporation’s effort to strengthen and broaden its intellectual property. The applications relates to new uses of micro-biology in conjunction with a MagneGas system for certain agricultural and municipal sludge applications. The Corporation is negotiating with industry experts and channel partners to commercialize this new intellectual property.
“MagneGas Corporation and its potential partners have identified uses of micro-biology which would enhance the value of waste streams processed through the MagneGas system. These provisional patents will allow us to use MagneGas in new applications to benefit the agricultural and municipal sewage industries,” stated Ermanno Santilli, CEO of MagneGas.
MagneGas Corporation, an alternative energy corporation, hydrogen based alternative fuel through the gasification of carbon-rich liquids in the United States and internationally. The Corporation presently sells MagneGas® into the metal working market as a replacement to acetylene. It is also selling equipment for the sterilization of bio-contaminated liquid waste for various industrial and agricultural markets.
Box, Inc. (NYSE:BOX)
Box, Inc. (BOX), the leading enterprise software platform for secure content collaboration, declared financial results for the fiscal fourth quarter and full year ended January 31, 2015 (“fiscal 2015”).
Fiscal Fourth Quarter Financial Highlights:
- Proceed was $62.6 million for the fourth quarter of fiscal 2015, an raise of 61% from $38.8 million in the fourth quarter of fiscal 2014.
- Billings in the fourth quarter of fiscal 2015 were $82.0 million, an raise of 33% from $61.5 million in the fourth quarter of fiscal 2014.
- GAAP operating loss in the fourth quarter of fiscal 2015 was $45.8 million, or 73% of proceed. This compares to GAAP operating loss of $40.2 million, or 103% of proceed, in the fourth quarter of fiscal 2014. Non-GAAP operating loss in the fourth quarter of fiscal 2015 was $32.2 million, or 51% of proceed. This compares to non-GAAP operating loss of $35.2 million, or 91% of proceed, in the fourth quarter of fiscal 2014.
- GAAP net loss per share attributable to ordinary stockholders, basic and diluted, in the fourth quarter of fiscal 2015 was $2.64 on 20.0 million shares outstanding, contrast to $3.46 in the fourth quarter of fiscal 2014 on 12.6 million shares outstanding. Non-GAAP net loss per share attributable to ordinary stockholders, basic and diluted, in the fourth quarter of fiscal 2015 was $1.65, contrast to $2.85 in the fourth quarter of fiscal 2014.
- Net cash used in operating activities in the fourth quarter of fiscal 2015 totaled $15.6 million, contrast to $22.6 million in the fourth quarter of fiscal 2014.
Fiscal Year 2015 Financial Highlights:
- Proceed was $216.4 million for fiscal year 2015, an raise of 74% from $124.2 million in fiscal year 2014.
- Billings in fiscal year 2015 were $246.4 million, an raise of 41% from $174.2 million in fiscal year 2014.
- GAAP operating loss in fiscal year 2015 was $166.7 million, or 77% of proceed. This compares to GAAP operating loss of $158.8 million, or 128% of proceed, in fiscal year 2014. Non-GAAP operating loss in fiscal year 2015 was $127.2 million, or 59% of proceed. This compares to non-GAAP operating loss of $145.2 million, or 117% of proceed, in fiscal year 2014.
- GAAP net loss per share attributable to ordinary stockholders, basic and diluted, in fiscal year 2015 was $11.48 on 15.9 million shares outstanding, contrast to $14.89 in fiscal year 2014 on 11.3 million shares outstanding. Non-GAAP net loss per share attributable to ordinary stockholders, basic and diluted, in fiscal year 2015 was $8.13, contrast to $12.91 in fiscal year 2014.
- Net cash used in operating activities in fiscal year 2015 totaled $84.9 million, contrast to $91.8 million in fiscal year 2014.
- Cash and cash equivalents were $330.4 million as of January 31, 2015.
Box, Inc. provides a cloud-based mobile optimized enterprise content partnership platform in the United States. The corporation’s platform enables organizations of various sizes to store, share, manage, create, and collaborate with content internally and externally. It serves companies in a range of industries, such as healthcare and life sciences, telecommunications, energy, and financial services.
VeriFone Systems, Inc. (NYSE:PAY)
VeriFone Systems, Inc. (PAY), the global leader in secure electronic payment solutions, declared financial results for the three months ended January 31, 2015. GAAP net proceeds for the quarter were $486 million, contrast to $436 million a year ago, an 11% raise. Non-GAAP net proceeds were $487 million, contrast to $437 million a year ago, an 11% raise. GAAP net revenue per diluted share for the quarter was $0.12, contrast to a net loss of $0.15 a year ago. Non-GAAP net revenue per diluted share was $0.44, contrast to $0.31 a year ago, a 42% raise.
Verifone is transforming everyday transactions into opportunities for connected commerce. We’re connecting more than 27 million payment devices to the cloud - merging the online and in-store shopping experience and creating the next generation of digital engagement between merchants and consumers. We are built on a 30-year history of uncompromised security.
MEI Pharma, Inc. (NASDAQ:MEIP)
MEI Pharma, Inc. (MEIP): Daniel P. Gold, Ph.D., President and Chief Executive Officer, presented at the Cowen and Corporation 35th Annual Health Care Conference on Wednesday, March 4, 2015, at the Boston Marriott Copley Place.
MEI Pharma, Inc. (MEIP) is a San Diego-based oncology corporation focused on the clinical development of novel therapies for cancer. The Corporation’s lead drug candidate is Pracinostat, a potential best-in-class, oral HDAC inhibitor presently being developed for advanced hematologic diseases such as myelodysplastic syndrome (MDS) and acute myeloid leukemia (AML).
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