On Friday, Shares of Intercept Pharmaceuticals, Inc. (NASDAQ:ICPT), surged 0.18% to $274.94.
Intercept Pharmaceuticals, declared that several abstracts evaluating obeticholic acid (OCA) in patients with primary biliary cirrhosis (PBC) and nonalcoholic steatohepatitis (NASH) will be presented at the International Liver Congress 2015, the 50th Annual Meeting of the European Association for the Study of the Liver (EASL), being held in Vienna, Austria, from April 22-26, 2015. Intercept also declared abstracts regarding PBC to be presented by the Global PBC Study Group and the UK-PBC Group at EASL.
OCA is a first-in-class farnesoid X receptor (FXR) agonist in clinical development for a range of chronic liver diseases. Intercept has initiated a rolling New Drug Application with the FDA for PBC, and anticipates to complete the NDA and MAA submissions in 2Q 2015. OCA was also recently granted breakthrough therapy designation by FDA for the treatment of NASH patients with liver fibrosis.
Intercept Pharmaceuticals, Inc., a development stage biopharmaceutical company, focuses on the discovery, development, and commercialization of novel therapeutics to treat chronic liver and intestinal diseases utilizing its proprietary bile acid chemistry.
Shares of Wisconsin Energy Corp. (NYSE:WEC), gained 0.18% to $49.54, , during its last trading session.
Wisconsin Energy Corporation, and Wisconsin Electric Power Company recently declared quarterly dividends.
Wisconsin Energy:
The Wisconsin Energy board of directors recently declared a quarterly cash dividend of 42.25 cents a share on the company’s common stock.
The dividend is payable June 1, 2015, to stockholders of record on May 14, 2015. This marks the 291st successive quarter – dating back to 1942 – that the company will have paid a dividend to its stockholders.
Wisconsin Energy Corporation, through its auxiliaries, generates and distributes electric energy. The company operates in two segments, Utility Energy and Non-Utility Energy. It generates electricity from coal, natural gas, oil, hydroelectric, wind, and biomass.
Wisconsin Electric:
The Wisconsin Electric board of directors declared a quarterly dividend of 90 cents a share on the Preferred Stock, 3.60% Series, payable June 1, 2015, to stockholders of record on May 14, 2015. The board also declared a quarterly dividend of $1.50 a share on the Six Per Cent Preferred Stock payable July 31, 2015, to stockholders of record on July 14, 2015.
Wisconsin Energy Corporation (WEC), based in Milwaukee, is one of the nation’s premier energy companies, serving more than 1.1 million electric customers in Wisconsin and Michigan’s Upper Peninsula and 1.1 million natural gas customers in Wisconsin.
At the end of Friday’s trade, Shares of New Oriental Education & Technology Group Inc. (NYSE:EDU), gained 0.17% to $23.88.
New Oriental Education & Technology Group, will hold its annual general meeting of shareholders at 42/F, Edinburgh Tower, The Landmark, 15 Queen’s Road Central, Hong Kong, China, on April 20, 2015 at 10:00 a.m. (local time).
No proposal will be presented for shareholder approval at the annual general meeting. Instead, the annual general meeting will serve as an open forum for shareholders of record and beneficial owners of the Company’s American Depositary Shares (“ADSs”) to talk about Company affairs with administration.
The Board of Directors of the Company has fixed the close of business on March 16, 2015 as the record date for determining the shareholders entitled to receive notice of the annual general meeting or any adjournment or postponement thereof.
New Oriental Education & Technology Group Inc. provides private educational services primarily in the People’s Republic of China. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People’s Republic of China, and Commonwealth countries; and after-school tutoring courses for middle school and high school students to assist students enhance scores on entrance exams for admission into high schools or higher education institutions.
Finally, Hertz Global Holdings, Inc. (NYSE:HTZ), ended its last trade with 0.14% gain, and closed at $21.05.
Hertz Global Holdings, declared that Hertz Vehicle Financing II LP (“HVF II”), a wholly owned special purpose partner of the Company, successfully issued $780.0 million in aggregate principal amount of Series 2015-1 Rental Car Asset Backed Notes, Class A, Class B, and Class C. The Company utilizes the HVF II securitization platform to finance its U.S. rental car fleet.
The predictable maturity of the Series 2015-1 Notes is March 2020. The Series 2015-1 Notes are comprised of $622.44 million aggregate principal amount of 2.73% Rental Car Asset Backed Notes, Class A, $118.529 million aggregate principal amount of 3.52% Rental Car Asset Backed Notes, Class B, and $39.031 million aggregate principal amount of 4.35% Rental Car Asset Backed Notes, Class C. The Class B Notes are subordinated to the Class A Notes. The Class C Notes are subordinated to the Class A Notes and the Class B Notes.
The net proceeds from the sale of the Series 2015-1 Notes are predictable to be used (i) to repay a portion of the outstanding principal amount of HVF II’s Series 2013-A Variable Funding Notes and HVF II’s Series 2014-A Variable Funding Notes and (ii) to make loans to Hertz Vehicle Financing LLC, a wholly owned special purpose partner of the Company. HVF is predictable to use the proceeds of any such loans to attain or refinance vehicles to be leased to The Hertz Corporation or DTG Operations, Inc., each wholly owned auxiliaries of the Company, for use in their daily rental operations. The offering closed on April 14, 2015.
Hertz Global Holdings, Inc., through its auxiliaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations.
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