Blog Posts by Simplus Information Services

  • SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--

    Yesterday, Exelixis’ (EXEL) partner Genentech, a member of the Roche Group, informed Exelixis that, in order to accommodate its review of a supplemental data submission, the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) action date for its review of Genentech’s New Drug Application (NDA) for cobimetinib by the standard extension period of three months, from August 11, 2015 to November 11, 2015.

    FDA extended its review after Genentech submitted, at FDA request, additional data from coBRIM, the phase 3 registrational trial of cobimetinib and vemurafenib in patients with BRAF V600 mutation-positive advanced melanoma.

    Exelixis discovered cobimetinib, a selective inhibitor of MEK, internally and advanced the compound to investigational new drug (IND) status. In late 2006, Exelixis

    Read More »from Exelixis Provides Update on Genentech’s Pending New Drug Application for Cobimetinib, an Exelixis-Discovered Compound
    Contact:
    Investors Contact:
    Exelixis, Inc.
    Susan Hubbard, 650-837-8194
    Investor Relations and Corporate Communications
    shubbard@exelixis.com
    or
    Media Contact:
    For Exelixis, Inc.
    Hal Mackins, 415-994-0040
    hal@torchcommunications.com

  • Conversion Right Triggered for LabCorp’s Zero Coupon Convertible Subordinated Notes Due 2021

    BURLINGTON, N.C.--(BUSINESS WIRE)--

    Laboratory Corporation of America® Holdings (LabCorp®) (LH) announced today that its Zero Coupon Convertible Subordinated Notes due 2021 (Zero Coupon Notes) may be converted as set forth below.

    The Zero Coupon Notes are convertible into cash and Common Stock of LabCorp, if any, subject to the terms of the Zero Coupon Notes and the Indenture, dated as of October 24, 2006 between LabCorp and The Bank of New York Mellon, as trustee (Trustee) and the conversion agent.

    In order to exercise the option to convert all or a portion of the Zero Coupon Notes, holders must validly surrender their Zero Coupon Notes at any time during the calendar quarter through the close of business at 5:00 p.m., New York City time, on Wednesday, September 30, 2015. The Trustee has informed LabCorp that, as of this date, all custodians and beneficial holders of the Zero

    Read More »from Conversion Right Triggered for LabCorp’s Zero Coupon Convertible Subordinated Notes Due 2021
    Contact:
    Laboratory Corporation of America ® Holdings
    Investor/Media Contact:
    Paul Surdez, 336-436-5076
    Company Information: www.labcorp.com

  • RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--

    ChannelAdvisor Corporation (ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today announced it is helping its customers expand their international reach through its support of Amazon Mexico (Amazon.com.mx), that just launched its physical goods store and marketplace on June 30th. With products in categories such as consumer electronics, home and garden, sports, health and personal care, home improvement and more, Amazon Mexico offers retailers and branded manufacturers a comprehensive site to sell into Mexico.

    “The e-commerce market in Mexico grew 32 percent in 2014, and its double-digit growth is expected to continue to a 30 percent increase in 20151,” said Scot Wingo, ChannelAdvisor executive chairman. “Through the development of its

    Read More »from ChannelAdvisor Integrates with Amazon Mexico to Help Retailers and Branded Manufacturers Expand Internationally
    Contact:
    ChannelAdvisor
    Jordan Smith, 919-582-6813
    jordan.smith@channeladvisor.com

  • Paychex meets 4Q profit forecasts

    Paychex matches 4Q net income expectations, tops revenue forecasts

    ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Wednesday reported fiscal fourth-quarter profit of $161.2 million.

    On a per-share basis, the Rochester, New York-based company said it had profit of 44 cents.

    The results met Wall Street expectations. The average estimate of 20 analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share.

    The payroll processor and human-resources services provider posted revenue of $692.2 million in the period, beating Street forecasts. Eighteen analysts surveyed by Zacks expected $657.5 million.

    For the year, the company reported profit of $674.9 million, or $1.85 per share. Revenue was reported as $2.74 billion.

    Paychex shares have climbed 1.5 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has risen 13 percent in the last 12 months.

    Read More »from Paychex meets 4Q profit forecasts
  • Acuity Brands Reports Record Quarterly Results

    Fiscal 2015 Third Quarter Net Sales Increase 13 Percent; Adjusted Diluted EPS Rises 37 Percent

    ATLANTA, July 01, 2015 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI) (“Company”) today announced record quarterly results.  Fiscal 2015 third quarter net sales of $683.7 million increased $79.8 million, or 13 percent, compared with the year-ago period.  Net income for the third quarter of fiscal 2015 was $64.5 million, an increase of 47 percent compared with the prior-year period, while diluted earnings per share (“EPS”) of $1.48 increased 47 percent compared with $1.01 for the year-ago period.  

    Fiscal 2015 third quarter adjusted net income of $59.5 million increased $16.2 million, or 37 percent, compared with adjusted net income of $43.3 million for the prior-year period.  Adjusted diluted EPS for the third quarter of fiscal 2015 increased 37 percent to $1.37 compared with adjusted diluted EPS of $1.00 for the year-ago period.  Adjusted results for the third quarter of fiscal 2015 exclude a $0.4 million, or $0.01 diluted EPS, special charge related to previously announced

    Read More »from Acuity Brands Reports Record Quarterly Results
    Contact:

    Company Contact:                                      
    Dan Smith                              
    Acuity Brands, Inc.
    dan.smith@acuitybrands.com                                   
    (404) 853-1423
  • PITTSBURGH--(BUSINESS WIRE)--

    PPG Industries (PPG) announced today that it has completed its previously announced acquisition of Cuming Microwave Corporation based in Avon, Massachusetts, and its wholly-owned subsidiary Cuming-Lehman Chambers, Inc., based in Chambersburg, Pennsylvania. Financial terms were not disclosed.

    The acquisition enhances PPG’s portfolio of aerospace coatings with specialty coatings and materials that absorb microwaves and radio waves such as radar. The products are used for military aircraft and also have applications in electronics, telecommunications, medical and automotive end-uses.

    PPG Aerospace is the aerospace products and services business of PPG Industries. PPG Aerospace – Transparencies is the world’s largest supplier of aircraft windshields, windows and canopies. PPG Aerospace – PRC-DeSoto is the leading global producer and distributor

    Read More »from PPG Completes Acquisition of Specialty Coatings and Materials Manufacturer Cuming Microwave
    Contact:
    PPG Industries, Inc.
    Media:
    Mark Silvey, PPG Corporate Communications, 412-434-3046
    silvey@ppg.com
    or
    Investors:
    Scott Minder, PPG Investor Relations, 412-434-3466
    sminder@ppg.com
    or
    www.ppg.com
  • Chennai, July 1 (IANS) Car maker Toyota Kirloskar Motor said on Wednesday that it closed last month with lower sales as compared to the corresponding period last year.

    In a statement, the company said it sold 12,381 units last month (including exports of 1,917) units down from 13,398 units sold in June 2014.

    The company said there was a limited production last month on account of planned annual plant shut down from May 29 to June 6 for regular maintenance.

    "We sold 10,464 units in the domestic market last month, due to limited production on account of the planned shutdown. We deeply regret the inconvenience caused to our customers due to this. We currently have a waiting period of approx 25-30 days for the Innova and about 50-60 days for Fortuner," N.Raja, director and senior vice president, sales and marketing, was quoted as saying in the statement.

  • New Delhi, July 1 (IANS) Reliance Group chairman Anil Ambani on Wednesday announced an investment of Rs.10,000 crore toward "Digital India" over the next few years to enhance broadband delivery and cloud-enabled platforms.

    Speaking at the launch of "Digital India Week" by Prime Minister Narendra Modi here on Wednesday, Ambani said that Reliance Communications will double its data centre capacity to 1.2 million sq ft over the next few years to play a critical role in the initiative.

    "I am pleased to announce that we will achieve full deployment of our next generation content and cloud delivery network by the end of this year with -- what is a first for India -- five fully operational cloud exchange points," Ambani said.

    "These exchange nodes can help government departments access 240 times the amount of compute power currently available in government data centers, and over six times the high speed storage that is currently available in India," he added.

    "This network will have the

    Read More »from Reliance Group to invest Rs.10,000 crore on Digital India
  • 2 epic front pages capture the feud between New York's top Democrats

    The New York Post and Daily News had fantastic front pages on Wednesday.

    The two tabloids both devoted their covers to the feud between New York City Mayor Bill de Blasio (D) and New York Gov. Andrew Cuomo (D), which exploded into public view Tuesday afternoon. In two aggressive interviews, de Blasio said Cuomo snubbed his city in this year's state legislative session.

    De Blasio shocked the New York political world with his bluntness. Among other things, de Blasio also accused Cuomo of practicing "vendetta" politics and of using the powers of the state government against New York City. De Blasio also snarked on Cuomo for allegedly trashing him as an anonymous Cuomo "official" in an interview last week.

    The Post depicted the two Democrats as boxers:

    new york post bill de blasio(Newseum)

    While the News showed de Blasio as a prohibition-era gangster firing a machine gun:

    daily news bill de blasio(Twitter/@nydailynews)

    NOW WATCH: Here's what it's like to have a drink with President Obama



    More From Business Insider
    Read More »from 2 epic front pages capture the feud between New York's top Democrats
  • What's next for California's contentious vaccine law

    What's next for California as hotly contested vaccine bill becomes law

    SACRAMENTO, Calif. (AP) -- Gov. Jerry Brown has signed a hotly contested California bill to impose one of the strictest school vaccination laws in the country in the wake of an outbreak of measles at Disneyland late last year.

    The following is a look at what the new law signed Tuesday means for the nation's most populous state:

    ___

    WHAT PROMPTED THE BILL

    After a measles outbreak at Disneyland in December sickened over 100 people in the U.S. and Mexico, Democratic Sens. Richard Pan of Sacramento and Ben Allen of Santa Monica introduced the bill, designed to raise immunization rates in under-vaccinated pockets of the state.

    The state's overall vaccination rate appears sufficient to maintain what immunologists call herd immunity, or the percentage at which enough people are vaccinated to protect the community as a whole. But suburban areas have seen a decline in immunizations in

    Read More »from What's next for California's contentious vaccine law

Blog Posts by Simplus Information Services

  • SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--

    Yesterday, Exelixis’ (EXEL) partner Genentech, a member of the Roche Group, informed Exelixis that, in order to accommodate its review of a supplemental data submission, the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) action date for its review of Genentech’s New Drug Application (NDA) for cobimetinib by the standard extension period of three months, from August 11, 2015 to November 11, 2015.

    FDA extended its review after Genentech submitted, at FDA request, additional data from coBRIM, the phase 3 registrational trial of cobimetinib and vemurafenib in patients with BRAF V600 mutation-positive advanced melanoma.

    Exelixis discovered cobimetinib, a selective inhibitor of MEK, internally and advanced the compound to investigational new drug (IND) status. In late 2006, Exelixis

    Read More »from Exelixis Provides Update on Genentech’s Pending New Drug Application for Cobimetinib, an Exelixis-Discovered Compound
    Contact:
    Investors Contact:
    Exelixis, Inc.
    Susan Hubbard, 650-837-8194
    Investor Relations and Corporate Communications
    shubbard@exelixis.com
    or
    Media Contact:
    For Exelixis, Inc.
    Hal Mackins, 415-994-0040
    hal@torchcommunications.com

  • Conversion Right Triggered for LabCorp’s Zero Coupon Convertible Subordinated Notes Due 2021

    BURLINGTON, N.C.--(BUSINESS WIRE)--

    Laboratory Corporation of America® Holdings (LabCorp®) (LH) announced today that its Zero Coupon Convertible Subordinated Notes due 2021 (Zero Coupon Notes) may be converted as set forth below.

    The Zero Coupon Notes are convertible into cash and Common Stock of LabCorp, if any, subject to the terms of the Zero Coupon Notes and the Indenture, dated as of October 24, 2006 between LabCorp and The Bank of New York Mellon, as trustee (Trustee) and the conversion agent.

    In order to exercise the option to convert all or a portion of the Zero Coupon Notes, holders must validly surrender their Zero Coupon Notes at any time during the calendar quarter through the close of business at 5:00 p.m., New York City time, on Wednesday, September 30, 2015. The Trustee has informed LabCorp that, as of this date, all custodians and beneficial holders of the Zero

    Read More »from Conversion Right Triggered for LabCorp’s Zero Coupon Convertible Subordinated Notes Due 2021
    Contact:
    Laboratory Corporation of America ® Holdings
    Investor/Media Contact:
    Paul Surdez, 336-436-5076
    Company Information: www.labcorp.com

  • RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--

    ChannelAdvisor Corporation (ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today announced it is helping its customers expand their international reach through its support of Amazon Mexico (Amazon.com.mx), that just launched its physical goods store and marketplace on June 30th. With products in categories such as consumer electronics, home and garden, sports, health and personal care, home improvement and more, Amazon Mexico offers retailers and branded manufacturers a comprehensive site to sell into Mexico.

    “The e-commerce market in Mexico grew 32 percent in 2014, and its double-digit growth is expected to continue to a 30 percent increase in 20151,” said Scot Wingo, ChannelAdvisor executive chairman. “Through the development of its

    Read More »from ChannelAdvisor Integrates with Amazon Mexico to Help Retailers and Branded Manufacturers Expand Internationally
    Contact:
    ChannelAdvisor
    Jordan Smith, 919-582-6813
    jordan.smith@channeladvisor.com

  • Paychex meets 4Q profit forecasts

    Paychex matches 4Q net income expectations, tops revenue forecasts

    ROCHESTER, N.Y. (AP) _ Paychex Inc. (PAYX) on Wednesday reported fiscal fourth-quarter profit of $161.2 million.

    On a per-share basis, the Rochester, New York-based company said it had profit of 44 cents.

    The results met Wall Street expectations. The average estimate of 20 analysts surveyed by Zacks Investment Research was also for earnings of 44 cents per share.

    The payroll processor and human-resources services provider posted revenue of $692.2 million in the period, beating Street forecasts. Eighteen analysts surveyed by Zacks expected $657.5 million.

    For the year, the company reported profit of $674.9 million, or $1.85 per share. Revenue was reported as $2.74 billion.

    Paychex shares have climbed 1.5 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has risen 13 percent in the last 12 months.

    Read More »from Paychex meets 4Q profit forecasts
  • Acuity Brands Reports Record Quarterly Results

    Fiscal 2015 Third Quarter Net Sales Increase 13 Percent; Adjusted Diluted EPS Rises 37 Percent

    ATLANTA, July 01, 2015 (GLOBE NEWSWIRE) -- Acuity Brands, Inc. (AYI) (“Company”) today announced record quarterly results.  Fiscal 2015 third quarter net sales of $683.7 million increased $79.8 million, or 13 percent, compared with the year-ago period.  Net income for the third quarter of fiscal 2015 was $64.5 million, an increase of 47 percent compared with the prior-year period, while diluted earnings per share (“EPS”) of $1.48 increased 47 percent compared with $1.01 for the year-ago period.  

    Fiscal 2015 third quarter adjusted net income of $59.5 million increased $16.2 million, or 37 percent, compared with adjusted net income of $43.3 million for the prior-year period.  Adjusted diluted EPS for the third quarter of fiscal 2015 increased 37 percent to $1.37 compared with adjusted diluted EPS of $1.00 for the year-ago period.  Adjusted results for the third quarter of fiscal 2015 exclude a $0.4 million, or $0.01 diluted EPS, special charge related to previously announced

    Read More »from Acuity Brands Reports Record Quarterly Results
    Contact:

    Company Contact:                                      
    Dan Smith                              
    Acuity Brands, Inc.
    dan.smith@acuitybrands.com                                   
    (404) 853-1423
  • PITTSBURGH--(BUSINESS WIRE)--

    PPG Industries (PPG) announced today that it has completed its previously announced acquisition of Cuming Microwave Corporation based in Avon, Massachusetts, and its wholly-owned subsidiary Cuming-Lehman Chambers, Inc., based in Chambersburg, Pennsylvania. Financial terms were not disclosed.

    The acquisition enhances PPG’s portfolio of aerospace coatings with specialty coatings and materials that absorb microwaves and radio waves such as radar. The products are used for military aircraft and also have applications in electronics, telecommunications, medical and automotive end-uses.

    PPG Aerospace is the aerospace products and services business of PPG Industries. PPG Aerospace – Transparencies is the world’s largest supplier of aircraft windshields, windows and canopies. PPG Aerospace – PRC-DeSoto is the leading global producer and distributor

    Read More »from PPG Completes Acquisition of Specialty Coatings and Materials Manufacturer Cuming Microwave
    Contact:
    PPG Industries, Inc.
    Media:
    Mark Silvey, PPG Corporate Communications, 412-434-3046
    silvey@ppg.com
    or
    Investors:
    Scott Minder, PPG Investor Relations, 412-434-3466
    sminder@ppg.com
    or
    www.ppg.com
  • Chennai, July 1 (IANS) Car maker Toyota Kirloskar Motor said on Wednesday that it closed last month with lower sales as compared to the corresponding period last year.

    In a statement, the company said it sold 12,381 units last month (including exports of 1,917) units down from 13,398 units sold in June 2014.

    The company said there was a limited production last month on account of planned annual plant shut down from May 29 to June 6 for regular maintenance.

    "We sold 10,464 units in the domestic market last month, due to limited production on account of the planned shutdown. We deeply regret the inconvenience caused to our customers due to this. We currently have a waiting period of approx 25-30 days for the Innova and about 50-60 days for Fortuner," N.Raja, director and senior vice president, sales and marketing, was quoted as saying in the statement.

  • New Delhi, July 1 (IANS) Reliance Group chairman Anil Ambani on Wednesday announced an investment of Rs.10,000 crore toward "Digital India" over the next few years to enhance broadband delivery and cloud-enabled platforms.

    Speaking at the launch of "Digital India Week" by Prime Minister Narendra Modi here on Wednesday, Ambani said that Reliance Communications will double its data centre capacity to 1.2 million sq ft over the next few years to play a critical role in the initiative.

    "I am pleased to announce that we will achieve full deployment of our next generation content and cloud delivery network by the end of this year with -- what is a first for India -- five fully operational cloud exchange points," Ambani said.

    "These exchange nodes can help government departments access 240 times the amount of compute power currently available in government data centers, and over six times the high speed storage that is currently available in India," he added.

    "This network will have the

    Read More »from Reliance Group to invest Rs.10,000 crore on Digital India
  • 2 epic front pages capture the feud between New York's top Democrats

    The New York Post and Daily News had fantastic front pages on Wednesday.

    The two tabloids both devoted their covers to the feud between New York City Mayor Bill de Blasio (D) and New York Gov. Andrew Cuomo (D), which exploded into public view Tuesday afternoon. In two aggressive interviews, de Blasio said Cuomo snubbed his city in this year's state legislative session.

    De Blasio shocked the New York political world with his bluntness. Among other things, de Blasio also accused Cuomo of practicing "vendetta" politics and of using the powers of the state government against New York City. De Blasio also snarked on Cuomo for allegedly trashing him as an anonymous Cuomo "official" in an interview last week.

    The Post depicted the two Democrats as boxers:

    new york post bill de blasio(Newseum)

    While the News showed de Blasio as a prohibition-era gangster firing a machine gun:

    daily news bill de blasio(Twitter/@nydailynews)

    NOW WATCH: Here's what it's like to have a drink with President Obama



    More From Business Insider
    Read More »from 2 epic front pages capture the feud between New York's top Democrats
  • What's next for California's contentious vaccine law

    What's next for California as hotly contested vaccine bill becomes law

    SACRAMENTO, Calif. (AP) -- Gov. Jerry Brown has signed a hotly contested California bill to impose one of the strictest school vaccination laws in the country in the wake of an outbreak of measles at Disneyland late last year.

    The following is a look at what the new law signed Tuesday means for the nation's most populous state:

    ___

    WHAT PROMPTED THE BILL

    After a measles outbreak at Disneyland in December sickened over 100 people in the U.S. and Mexico, Democratic Sens. Richard Pan of Sacramento and Ben Allen of Santa Monica introduced the bill, designed to raise immunization rates in under-vaccinated pockets of the state.

    The state's overall vaccination rate appears sufficient to maintain what immunologists call herd immunity, or the percentage at which enough people are vaccinated to protect the community as a whole. But suburban areas have seen a decline in immunizations in

    Read More »from What's next for California's contentious vaccine law

Pagination

(13,78,018 Stories)

Follow Yahoo Finance India

QUOTES

 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.