On Monday, Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA)’s shares inclined 0.42% to $60.35.
Teva Pharmaceutical Industries Ltd (ADR) (TEVA) declares the launch of the generic equivalent to Actonel® (risedronate sodium) Tablets, 5 mg, 30 mg, and 35 mg, in the United States. Teva was first to file, making the product eligible for 180 days of market exclusivity. Risedronate sodium tablets are used to treat or prevent osteoporosis in women after menopause. Risedronate sodium tablets assist enhance bone mass and assist reduce the chance of having a spinal or non-spinal fracture (break). Risedronate sodium tablets are also used to treat or prevent osteoporosis in either men or women who are taking corticosteroid medicines, and to treat Paget’s disease of the bone.
Risedronate sodium tablets, USP are the second approved product to treat osteoporosis in Teva’s generic portfolio. About 54 million Americans have low bone mass and osteoporosis, a condition that causes the bones to become weak and brittle. Anyone can develop osteoporosis but studies suggest it is most common in older women and patients taking specific medications. As a leading global pharmaceutical company, Teva is committed to care in women’s health and bringing to market high-quality, accessible generic medicines for doctors, pharmacists, and most importantly, patients.
Teva Pharmaceutical Industries Limited develops, manufactures, markets, and distributes generic, specialty, and other pharmaceutical products worldwide. The company operates in two segments, Generic Medicines and Specialty Medicines. The Generic Medicines segment offers generic or branded generic medicines; specialized products, such as sterile products, hormones, narcotics, high-potency drugs, and cytotoxic substances; and active pharmaceutical ingredients.
Linn Energy LLC (NASDAQ:LINE)’s shares dropped -0.95% to $10.48.
Linn Energy LLC (LINE) and LinnCo, LLC (LNCO) declared recently monthly distributions and dividends, respectively.
LINN Energy, LLC declared a monthly cash distribution of $0.1042 per unit, or $1.25 per unit on an annualized basis, for all of its outstanding units. The distribution will be payable June 17, 2015, to unitholders of record as of the close of business on June 11, 2015.
LinnCo, LLC declared a monthly cash dividend of $0.1042 per common share, or $1.25 per share on an annualized basis, for all of its outstanding common shares. The dividend will be payable June 18, 2015, to shareholders of record as of the close of business on June 11, 2015.
Linn Energy, LLC, an independent oil and natural gas company, acquires and develops oil and natural gas properties in the Unites States. Its properties are located in the Rockies, the Hugoton Basin, California, east Texas and north Louisiana, the Mid-Continent, the Permian Basin, Michigan/Illinois, and south Texas. As of December 31, 2014, the company had proved reserves of 7,304 billion cubic feet equivalent; and operated 19,591 gross productive wells. Linn Energy, LLC was founded in 2003 and is headquartered in Houston, Texas.
At the end of Monday’s trade, Aramark (NYSE:ARMK)‘s shares dipped -0.06% to $31.33.
Aramark (ARMK) the global provider of award-winning services in food, facilities administration and uniforms, headquartered in Philadelphia, as the official retail vendor of event merchandise for the World Meeting of Families Congress and Papal Visit, which will be held September 22-27, 2015. All merchandise produced will be customized to reflect the distinctive experience and events of the Eighth World Meeting of Families, in addition to to commemorate this historic event for the Archdiocese of Philadelphia and the City of Philadelphia.
The vast catalog of more than 200 official World Meeting of Families – Philadelphia 2015 products, memorializing this global event, will range from traditional branded merchandise counting t-shirts, knit scarves, keychains and coffee mugs, to Pope Francis and faith-based merchandise, counting rosaries, holy medals and pectoral crosses. To fit a wide-range of consumers’ budgets, Aramark will offer various price points starting at $5.00. Startning in late June 2015, the extensive portfolio of World Meeting of Families products will be accessible via shop.worldmeeting2015.org. During the week of the World Meeting of Families Congress and Papal Visit there will also be official retail locations inside the Pennsylvania Convention Center (September 22-25) and on the Benjamin Franklin Parkway (September 26-27).
Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients primarily in North America. The company offers managed services, counting dining, catering, food service administration, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction administration, and capital project administration.
Rex Energy Corporation (NASDAQ:REXX), ended its Monday’s trading session with -3.19% loss, and closed at $4.86.
Rex Energy Corporation (REXX) declared that Jack N. Aydin will join the company’s Board of Directors effective June 1, 2015.
Mr. Aydin has over 45 years of experience as a financial analyst covering the oil and gas industry. He was a senior analyst with KeyBanc Capital Markets for over 40 years, most recently serving as Senior Managing Director from 2000 until his retirement in 2014. While at KeyBanc, Mr. Aydin primarily focused his analyst coverage on the exploration and production sector, particularly on small and mid-cap E&P companies. In addition, he managed the KeyBanc Sales and Trading office for 10 years and served as interim Director of Research in 2003. Mr. Aydin began his career in 1968 with Filor, Bullard and Smythe, where he served as both an equity research analyst and Director of Research. Over the course of his career, Mr. Aydin has been recognized numerous times by leading financial publications for his excellence in stock selection and earnings estimations. He presently serves as a director of Synergy Resources Corporation, and is a member of the National Association of Petroleum Investment Analysts, the Oil Analysts Group of New York, and the New York Society of Security Analysts. He holds an MBA degree in finance and economics, in addition to a Bachelor of Science degree from Farleigh Dickinson University in New Jersey, and a Bachelor of Science degree in Philosophy from St. Ephraim Seminary in Mosul, Iraq.
Rex Energy Corporation operates as an independent oil, natural gas liquid, and natural gas company in the Appalachian and Illinois basins in the United States. The company focuses on the Marcellus Shale, Utica Shale, and Burkett Shale drilling and exploration activities in the Appalachian Basin, in addition to on developmental oil drilling and the implementation of improved oil recovery on its properties in the Illinois Basins.
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