On Monday, Following U.S. Stocks were among the “Top Gainers”: Qorvo, Inc. (NASDAQ:QRVO), Life Time Fitness, Inc. (NYSE:LTM), Idera Pharmaceuticals, Inc. (NASDAQ:IDRA), Real Goods Solar, Inc. (NASDAQ:RGSE)
Qorvo, Inc. (NASDAQ:QRVO), with shares inclined 5.18%, closed at $76.33.
Life Time Fitness, Inc. (NYSE:LTM), with shares jumped 5.18%, settled at $70.68, hitting new 52-week high of $70.90.
Idera Pharmaceuticals, Inc. (NASDAQ:IDRA), with shares climbed 4.94%, and closed at $4.36.
Real Goods Solar, Inc. (NASDAQ:RGSE), surged 4.85%, and closed at $0.28.
Latest NEWS regarding these Stocks are depicted underneath:
Qorvo, Inc. (NASDAQ:QRVO)
Formerly on March 4, Qorvo, Inc. (QRVO), declared it has commenced volume production of Qorvo’s RF Fusion(TM) complete front end (RFFE) solution in support of a flagship 4G smartphone from a top-five smartphone manufacturer. The flagship smartphone is predictable to launch in the first half of calendar 2015.
Eric Creviston, president of Qorvo’s Mobile Products group, said, “We are very happy to commence these first high volume shipments of Qorvo’s RF Fusion front end solutions in support of a flagship 4G smartphone from a leading global OEM. Qorvo is enjoying strong interest in RF Fusion, and we are introducing new RF Fusion solutions that leverage our unique combination of competitive strengths to assist smartphone manufacturers more quickly launch next-generation flagship devices.”
Qorvo’s first-generation RF Fusion solution, the RF7501C, integrates all major transmit and receive RF functionality for low-band and mid-band coverage of global cellular networks while delivering best-in-class performance and the industry’s smallest form factor. The RF7501C comprises multi-band multi-mode PAs, switches, filters and duplexers, and full support for carrier aggregation, advanced power tracking (APT) and envelope tracking (ET). With a compact 7.0 x 7.5 x 1mm size, the RF7501C is the industry’s smallest integrated RF front end solution, delivering a 35% reduction in board area contrast to discrete solutions.
Qorvo, Inc. provides technologies and radio frequency solutions for mobile, infrastructure, and aerospace/defense applications in the United States and internationally.
Life Time Fitness, Inc. (NYSE:LTM)
On Monday, Life Time Fitness, Inc. (LTM), The Healthy Way of Life Corporation, together with Leonard Green & Partners and TPG, declared that they have reached a definitive merger contract under which associates of Leonard Green & Partners and TPG will attain Life Time in a transaction valued at more than $4.0 billion. Other key investors comprise LNK Partners and Life Time Chairman, President and Chief Executive Officer, Bahram Akradi, who will remain in his role and has committed to make a rollover investment of $125 million in Life Time ordinary stock.
Life Time’s board of directors unanimously approved the merger contract and recommends that the Corporation’s shareholders vote in favor of the transaction.
Under the terms of the merger contract the investors will attain all of the outstanding shares of Life Time Fitness ordinary stock for $72.10 per share in cash. This price represents a noteworthy premium to Life Time’s closing share price of $41.60 on August 22, 2014, the most recent trading day before the Corporation declared that its board of directors and senior administration team had initiated a process to explore a potential conversion of real estate assets into a Real Estate Investment Trust (REIT).
Life Time Fitness (LTM) assists organizations, communities and individuals achieve their total health objectives, athletic aspirations and fitness aims by engaging in their areas of interest — or discovering new passions — both inside and outside of Life Time’s distinctive and large sports, professional fitness, family recreation and spa destinations, most of which operate 24 hours a day, seven days a week. The Corporation’s Healthy Way of Life approach enables customers to achieve this by providing the best programs, people and places of uncompromising quality and value.
Idera Pharmaceuticals, Inc. (NASDAQ:IDRA)
On March 12, Idera Pharmaceuticals, Inc. (IDRA), stated its financial and operational results for the fourth quarter and year ended December 31, 2014.
Fourth Quarter Results:
Net loss applicable to ordinary stockholders for the three months ended December 31, 2014 was $12.0 million, or $0.14 per diluted share, contrast to a net loss applicable to ordinary stockholders of $6.4 million, or $0.10 per diluted share, for the same period in 2013. There was nominal proceed recognized in each of the fourth quarters of 2014 and 2013. Research and development expenses for the three months ended December 31, 2014 totaled $8.2 million contrast to $3.6 million for the same period in 2013. General and administrative expense for the three months ended December 31, 2014 totaled $3.7 contrast to $2.4 million for the same period in 2013.
Full Year Results:
Net loss applicable to ordinary stockholders for the year ended December 31, 2014 was $39.2 million or $0.47 per diluted share, contrast to net loss applicable to ordinary stockholders of $21.1 million, or $0.48 per diluted share, for the same period in 2013. There was nominal proceed recognized during the years ended December 31, 2014 and 2013. Research and development expenses for the year ended December 31, 2014 totaled $27.5 million contrast to $10.5 million for the same period in 2013. General and administrative expenses for the year ended December 31, 2014 totaled $11.3 million contrast to $7.7 million for the same period in 2013.
As of December 31, 2014, our cash, cash equivalents and investments totaled $48.6 million contrast to $35.6 million as of December 31, 2013.
Idera Pharmaceuticals, Inc., a clinical-stage biopharmaceutical corporation, focuses on the discovery, development, and commercialization of novel therapeutics for oncology and rare diseases in the United States.
Real Goods Solar, Inc. (NASDAQ:RGSE)
On Monday, Real Goods Solar, Inc. (RGSE), filed SEC form 8-K, Other Events.
Formerly on March 5, WestPark Capital, a Los Angeles based Investment Banking firm, announced today that it had closed a $3,500,000 public offering for Real Goods Solar, Inc. (RGSE). The Corporation will use the proceeds from the sale of the Securities for general corporate and working capital purposes.
Real Goods Solar, Inc. operates as a residential and commercial solar energy engineering, procurement, and construction corporation in the United States. It provides commercial and residential solar energy solutions.
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