On Thursday, Shares of Johnson & Johnson (NYSE:JNJ), lost - 0.76% to $92.64.
Johnson & Johnson, will take part in the 2015 Morgan Stanley Healthcare Conference on Thursday, Sept. 17, at the Grand Hyatt New York. Dominic Caruso, Vice President, Finance & Chief Financial Officer will represent the Company in a session planned at 5:15 p.m. (Eastern Time).
Johnson & Johnson, together with its auxiliaries, researches and develops, manufactures, and sells various products in the health care field worldwide. It operates in three segments: Consumer, Pharmaceutical, and Medical Devices.
Shares of Blackstone Group LP (NYSE:BX), inclined 2.67% to $33.48, during its last trading session.
The PMI Group declared that funds associated with Blackstone Tactical Opportunities have made a planned investment in the Company.
In connection with the purchase of a noteworthy equity stake in PMI, Blackstone has agreed to provide the Company with a loan for working capital needs in exchange for warrants and certain other rights. The Company intends to use the funds to pursue its investment strategy, which may comprise raising additional capital. Among other rights, Blackstone will have the right to take part in future equity offerings by the Company and is predictable to nominate a director to the Board.
The Blackstone Group L.P. is a publicly owned investment manager. The firm also provides financial advisory services to its clients. It provides its services to public and corporate pension funds, academic, cultural, and charitable organizations.
Finally, Quantum Corp (NYSE:QTM), ended its last trade with 1.89% gain, and closed at $1.08.
Quantum International Income Corp., declared, QIIC’s partner in CSS, New York City Surgical Associates has added three new highly regarded surgeons to their physician practice that will be performing surgeries at CSS Essex.
The additional of these high profile surgeons is predictable to result in raised facility profitability in addition to added anesthesia revenues.
Quantum Corporation provides scale-out storage, archive, and data protection solutions for small businesses to major enterprises in the Americas, Europe, and the Asia Pacific. Its scale-out storage portfolio comprises StorNext software, appliances and full systems called StorNext Pro Solutions, in addition to Lattus extended online storage and Q-Cloud Archive services.
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