Blog Posts by Simplus Information Services

  • Amgen Inc. and Arrowhead Pharmaceuticals Inc. said Thursday they have agreed to two cardiovascular collaborations. Under one agreement, Amgen will receive an exclusive license option to Arrowhead's proprietary subcutaneous RNAi delivery platform. RNAi molecules can be used to target and eliminated specific gene products that contribute to some diseases, the companies said in a statement. Under a second agreement, Agmen will have an option to a worldwide, exclusive license for a RNAi therapy for an undisclosed genetically validated cardiovascular target. "In both agreements, Amgen will be wholly responsible for clinical development and commercialization," said the statement. Arrowhead will receive $56.5 million in upfront payments, an equity investment, royalties and up to $617 million more in potential milestone and equity payments. Arrowhead stock was halted premarket for the news, but has gained 14.5% in the year so far, while the S&P 500 has gained 6%. Amgen shares are up 4.6%

    Read More »from Amgen and Arrowhead Pharma agree 2 cardiovascular collaborations
  • Low growth could turn into recession, Mohamed El-Erian warns

    Governments around the world need to step in with fiscal policies that promote growth because central banks will eventually have to take their feet off the monetary easing pedals, economist Mohamed El-Erian told CNBC on Thursday.

    The world economy cannot operate at "low speed" forever without breaking,
    Allianz's chief economic adviser said on "Squawk Box."

    The least likely scenario on how the extraordinary monetary stimulus story ends is the status quo, said El-Erian, former co-CEO of Pimco.

    "We could easily see a situation where low growth becomes recession. Artificial stability becomes instability," he said. "[But] if governments step up ... we can transition to a higher growth scenario that validates prices."

    "We are in an artificial period that we'll come out of at some stage," he said, advising investors to build up cash.

    El-Erian said the longer the Fed keeps interest rates low, the more distortion there will be in economic growth and in financial

    Read More »from Low growth could turn into recession, Mohamed El-Erian warns
  • DUBLIN--(BUSINESS WIRE)--

    Research and Markets has announced the addition of the "Connected Oilfield Services Market" report to their offering.

    The recent decline in oil prices has put the brakes on a few technology investments; however, it has also created a need for greater efficiency in the oil and gas sector. Most oil and gas companies are operating assets in challenging conditions across multiple regions. Ensuring operational efficiency through the greater use of technology is therefore of paramount importance, and this research service highlights future solutions that could help achieve greater efficiency.

    Key Topics Covered:

    1. Executive Summary

    2. Introduction-Scope and Segmentation

    3. Business Issue-Inefficiencies Expose Pressure Points

    4. Growth Opportunities-Demand for Responsive and Connected Oilfield Services

    Read More »from Connected Oilfield Services Market 2016: Disrupting a $250 Billion Market, a Fragmented Ecosystem Looks at Convergence Amid Volatile Oil Prices - Research and Markets
    Contact:
    Research and Markets
    Laura Wood, Senior Manager
    press@researchandmarkets.com
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    U.S. Fax: 646-607-1907
    Fax (outside U.S.): +353-1-481-1716
    Related Topics: Oilfield Equipment and Services
  • OPEC deal just put a floor under oil prices

    An agreement by OPEC to work toward a production cut could put a floor under oil and points to the strain low crude prices have had on producers, including the largest exporter, Saudi Arabia .

    With few details, Reuters reported from Algeria Wednesday that OPEC members agreed to cut oil output for the first time since 2008. Oil prices immediately surged about 5 percent, with West Texas Intermediate trading at $46.75 per barrel. Without a deal, analysts had said oil could plunge to $40 or lower. OPEC later confirmed the details.

    "I think the price will wobble, but it certainly keeps more support than walking away with nothing. What I think is this will be a process. This isn't even an official OPEC meeting, and it buys them time," said Daniel Yergin, Vice Chairman of IHS. "It's them negotiating to negotiate."

    Reuters reported that OPEC reached an understanding toward a production cut to between 32.5 to 33 million barrels a day. That is down slightly from August's 33.2

    Read More »from OPEC deal just put a floor under oil prices
  • Charges in U.K. relate to trading in equities in 2011

    Bloomberg News/LandovMerrill Lynch fund manager Mark Lyttleton in 2006.DMAMBMCMDMEMGZBZBRZDZDRZFZGZQZRZSZTZU

    The U.K.’s Financial Conduct Authority has begun criminal proceedings against Mark Lyttleton, a former senior U.K. equities manager at BlackRock Inc.

    The City regulator said in a statement on Thursday that Lyttleton, who was arrested in April 2013 in connection with suspected insider dealing, has been charged with three counts of insider dealing.

    The FCA said the offences relate to trading in equities and a call option between October 2, 2011 and December 16, 2011.

    Lyttleton has been summoned to attend City of London Magistrates Court on Thursday. He is being represented by the solicitors at Peters & Peters. The law firm was not immediately available for comment.

    Lyttleton is well known in U.K. fund management, having begun his career with the storied investment firm Mercury Asset Management in the early 1990s. He stayed with the

    Read More »from Former BlackRock fund manager Mark Lyttleton charged with insider trading
  • Stein Mart Inc. said Chief Executive Dawn Robertson resigned, effective Sept. 27. Robertson was also the home decor and accessories retailer's chief merchandising officer. Chief Operating Officer D. Hunt Hawkins was named interim CEO. Separately, the company said same-store sales for the fiscal third-quarter ending Oct. 29 have declined about 4% through Sept. 27. Sales are lower than anticipated, as some improvement in September followed a challenging start and several "missteps" in August, the company said. "We believe that several of the new merchandising strategies that have been developed this year will positively impact our future sales," Hawkins said. "However, implementation has been too rapid and has been challenging for our customers." The stock, which was still inactive in premarket trade, has climbed 12% year to date, while SPDR S&P Retail ETF has ticked up 0.2% and the S&P 500 has gained 6.2%.

  • DUBLIN--(BUSINESS WIRE)--

    Research and Markets has announced the addition of the "European Ridesharing Market Opportunities" report to their offering.

    European ridesharing industry membership is expected to increase at a compound annual growth rate of 14.9% from 2015 to 2025 as business models evolve with new companies and other mobility service providers entering the ridesharing space. Revenue also is expected to surge as more organizations offer services to reduce traffic congestion.

    This strategic insight examines the potential of fixed long-distance, corporate, and dynamic ridesharing in Germany, France, the United Kingdom, Spain, Italy, Belgium, and Netherlands. It analyzes the current ridesharing ecosystem, including a comparison of major companies operating in the region, and looks at the trends that will shape the market and overall mobility in the next 10 years and

    Read More »from European Ridesharing Market Opportunities Report 2016: Ridesharing vs. Carsharing vs. Taxi Hailing - Research and Markets
    Contact:
    Research and Markets
    Laura Wood, Senior Manager
    press@researchandmarkets.com
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    U.S. Fax: 646-607-1907
    Fax (outside U.S.): +353-1-481-1716
    Related Topics: Private Transport Services
  • Paroc Ltd: FM 4881 approval for PAROC AST E exterior wall panels

    HAMBURG, Germany--(BUSINESS WIRE)--

    Paroc Panel System is the first panel manufacturer who has tested their panels in the new extended test rig, where up to 6,1 meter long panels can be tested. The actual test consisted of three separate test phases, which we passed successfully. We have got the FM4881 approval according to approval standard for AST E Exterior Wall Panels for these products:

    · panel type AST E 175-240 mm for a single span of max 6,1 m

    · panel type AST E 120-240 mm for a single span of max 3,05 m or multi-span 3,05 m.

    · "severe hail" (FH) rating

    Download FM4881 approval (pdf) (http://www.paroc.com/-/media/Files/Certificates/FI-FM-Certificate-AST-E-PS-en.ashx?la=en)

    Download FM4880 approval (pdf) (http://www.paroc.com/-/media/Files/Certificates/FI-FM-Certificate-AST-S-AST-F-AST-E-PS-en.ashx?la=en)

    "High quality, strength and fire

    Read More »from Paroc Ltd: FM 4881 approval for PAROC AST E exterior wall panels
    Contact:
    Paroc
    For more information, please contact:
    Tom Österlund
    Export Manager
    Mobile: +358405007817
    Tom.Osterlund@paroc.com
    www.paroc.com
  • Officials: Firefighter halts teen who killed father, shot 3

    TOWNVILLE, S.C. (AP) — A volunteer firefighter stopped a teenager who shot two students and a teacher outside a South Carolina elementary school after killing his father at their home, authorities said.

    Anderson County Sheriff John Skipper said the shooter was apprehended Wednesday afternoon outside rural Townville Elementary School before he could get inside the building.

    Firefighter Jamie Brock, a 30-year veteran of the Townville Volunteer Fire Department down the road from the school, "just took him down," the sheriff said. He said the fire station is close to the school and Brock arrived before others officers responding to the dispatch.

    Brock has said he doesn't want attention for his actions.

    He "wants to remain humble and quiet about it" as he believes "he did nothing any of the other volunteer firefighters wouldn't have done," said Scott Stoller with Anderson County Emergency Management.

    Regardless, he said, "Firefighter Brock is absolutely a hero."

    Authorities said the shooting

    Read More »from Officials: Firefighter halts teen who killed father, shot 3
  • Ferrari Unveils Its New Four-Seater V8

    This content is from MarketWatch

Blog Posts by Simplus Information Services

  • Amgen Inc. and Arrowhead Pharmaceuticals Inc. said Thursday they have agreed to two cardiovascular collaborations. Under one agreement, Amgen will receive an exclusive license option to Arrowhead's proprietary subcutaneous RNAi delivery platform. RNAi molecules can be used to target and eliminated specific gene products that contribute to some diseases, the companies said in a statement. Under a second agreement, Agmen will have an option to a worldwide, exclusive license for a RNAi therapy for an undisclosed genetically validated cardiovascular target. "In both agreements, Amgen will be wholly responsible for clinical development and commercialization," said the statement. Arrowhead will receive $56.5 million in upfront payments, an equity investment, royalties and up to $617 million more in potential milestone and equity payments. Arrowhead stock was halted premarket for the news, but has gained 14.5% in the year so far, while the S&P 500 has gained 6%. Amgen shares are up 4.6%

    Read More »from Amgen and Arrowhead Pharma agree 2 cardiovascular collaborations
  • Low growth could turn into recession, Mohamed El-Erian warns

    Governments around the world need to step in with fiscal policies that promote growth because central banks will eventually have to take their feet off the monetary easing pedals, economist Mohamed El-Erian told CNBC on Thursday.

    The world economy cannot operate at "low speed" forever without breaking,
    Allianz's chief economic adviser said on "Squawk Box."

    The least likely scenario on how the extraordinary monetary stimulus story ends is the status quo, said El-Erian, former co-CEO of Pimco.

    "We could easily see a situation where low growth becomes recession. Artificial stability becomes instability," he said. "[But] if governments step up ... we can transition to a higher growth scenario that validates prices."

    "We are in an artificial period that we'll come out of at some stage," he said, advising investors to build up cash.

    El-Erian said the longer the Fed keeps interest rates low, the more distortion there will be in economic growth and in financial

    Read More »from Low growth could turn into recession, Mohamed El-Erian warns
  • DUBLIN--(BUSINESS WIRE)--

    Research and Markets has announced the addition of the "Connected Oilfield Services Market" report to their offering.

    The recent decline in oil prices has put the brakes on a few technology investments; however, it has also created a need for greater efficiency in the oil and gas sector. Most oil and gas companies are operating assets in challenging conditions across multiple regions. Ensuring operational efficiency through the greater use of technology is therefore of paramount importance, and this research service highlights future solutions that could help achieve greater efficiency.

    Key Topics Covered:

    1. Executive Summary

    2. Introduction-Scope and Segmentation

    3. Business Issue-Inefficiencies Expose Pressure Points

    4. Growth Opportunities-Demand for Responsive and Connected Oilfield Services

    Read More »from Connected Oilfield Services Market 2016: Disrupting a $250 Billion Market, a Fragmented Ecosystem Looks at Convergence Amid Volatile Oil Prices - Research and Markets
    Contact:
    Research and Markets
    Laura Wood, Senior Manager
    press@researchandmarkets.com
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    U.S. Fax: 646-607-1907
    Fax (outside U.S.): +353-1-481-1716
    Related Topics: Oilfield Equipment and Services
  • OPEC deal just put a floor under oil prices

    An agreement by OPEC to work toward a production cut could put a floor under oil and points to the strain low crude prices have had on producers, including the largest exporter, Saudi Arabia .

    With few details, Reuters reported from Algeria Wednesday that OPEC members agreed to cut oil output for the first time since 2008. Oil prices immediately surged about 5 percent, with West Texas Intermediate trading at $46.75 per barrel. Without a deal, analysts had said oil could plunge to $40 or lower. OPEC later confirmed the details.

    "I think the price will wobble, but it certainly keeps more support than walking away with nothing. What I think is this will be a process. This isn't even an official OPEC meeting, and it buys them time," said Daniel Yergin, Vice Chairman of IHS. "It's them negotiating to negotiate."

    Reuters reported that OPEC reached an understanding toward a production cut to between 32.5 to 33 million barrels a day. That is down slightly from August's 33.2

    Read More »from OPEC deal just put a floor under oil prices
  • Charges in U.K. relate to trading in equities in 2011

    Bloomberg News/LandovMerrill Lynch fund manager Mark Lyttleton in 2006.DMAMBMCMDMEMGZBZBRZDZDRZFZGZQZRZSZTZU

    The U.K.’s Financial Conduct Authority has begun criminal proceedings against Mark Lyttleton, a former senior U.K. equities manager at BlackRock Inc.

    The City regulator said in a statement on Thursday that Lyttleton, who was arrested in April 2013 in connection with suspected insider dealing, has been charged with three counts of insider dealing.

    The FCA said the offences relate to trading in equities and a call option between October 2, 2011 and December 16, 2011.

    Lyttleton has been summoned to attend City of London Magistrates Court on Thursday. He is being represented by the solicitors at Peters & Peters. The law firm was not immediately available for comment.

    Lyttleton is well known in U.K. fund management, having begun his career with the storied investment firm Mercury Asset Management in the early 1990s. He stayed with the

    Read More »from Former BlackRock fund manager Mark Lyttleton charged with insider trading
  • Stein Mart Inc. said Chief Executive Dawn Robertson resigned, effective Sept. 27. Robertson was also the home decor and accessories retailer's chief merchandising officer. Chief Operating Officer D. Hunt Hawkins was named interim CEO. Separately, the company said same-store sales for the fiscal third-quarter ending Oct. 29 have declined about 4% through Sept. 27. Sales are lower than anticipated, as some improvement in September followed a challenging start and several "missteps" in August, the company said. "We believe that several of the new merchandising strategies that have been developed this year will positively impact our future sales," Hawkins said. "However, implementation has been too rapid and has been challenging for our customers." The stock, which was still inactive in premarket trade, has climbed 12% year to date, while SPDR S&P Retail ETF has ticked up 0.2% and the S&P 500 has gained 6.2%.

  • DUBLIN--(BUSINESS WIRE)--

    Research and Markets has announced the addition of the "European Ridesharing Market Opportunities" report to their offering.

    European ridesharing industry membership is expected to increase at a compound annual growth rate of 14.9% from 2015 to 2025 as business models evolve with new companies and other mobility service providers entering the ridesharing space. Revenue also is expected to surge as more organizations offer services to reduce traffic congestion.

    This strategic insight examines the potential of fixed long-distance, corporate, and dynamic ridesharing in Germany, France, the United Kingdom, Spain, Italy, Belgium, and Netherlands. It analyzes the current ridesharing ecosystem, including a comparison of major companies operating in the region, and looks at the trends that will shape the market and overall mobility in the next 10 years and

    Read More »from European Ridesharing Market Opportunities Report 2016: Ridesharing vs. Carsharing vs. Taxi Hailing - Research and Markets
    Contact:
    Research and Markets
    Laura Wood, Senior Manager
    press@researchandmarkets.com
    For E.S.T Office Hours Call 1-917-300-0470
    For U.S./CAN Toll Free Call 1-800-526-8630
    For GMT Office Hours Call +353-1-416-8900
    U.S. Fax: 646-607-1907
    Fax (outside U.S.): +353-1-481-1716
    Related Topics: Private Transport Services
  • Paroc Ltd: FM 4881 approval for PAROC AST E exterior wall panels

    HAMBURG, Germany--(BUSINESS WIRE)--

    Paroc Panel System is the first panel manufacturer who has tested their panels in the new extended test rig, where up to 6,1 meter long panels can be tested. The actual test consisted of three separate test phases, which we passed successfully. We have got the FM4881 approval according to approval standard for AST E Exterior Wall Panels for these products:

    · panel type AST E 175-240 mm for a single span of max 6,1 m

    · panel type AST E 120-240 mm for a single span of max 3,05 m or multi-span 3,05 m.

    · "severe hail" (FH) rating

    Download FM4881 approval (pdf) (http://www.paroc.com/-/media/Files/Certificates/FI-FM-Certificate-AST-E-PS-en.ashx?la=en)

    Download FM4880 approval (pdf) (http://www.paroc.com/-/media/Files/Certificates/FI-FM-Certificate-AST-S-AST-F-AST-E-PS-en.ashx?la=en)

    "High quality, strength and fire

    Read More »from Paroc Ltd: FM 4881 approval for PAROC AST E exterior wall panels
    Contact:
    Paroc
    For more information, please contact:
    Tom Österlund
    Export Manager
    Mobile: +358405007817
    Tom.Osterlund@paroc.com
    www.paroc.com
  • Officials: Firefighter halts teen who killed father, shot 3

    TOWNVILLE, S.C. (AP) — A volunteer firefighter stopped a teenager who shot two students and a teacher outside a South Carolina elementary school after killing his father at their home, authorities said.

    Anderson County Sheriff John Skipper said the shooter was apprehended Wednesday afternoon outside rural Townville Elementary School before he could get inside the building.

    Firefighter Jamie Brock, a 30-year veteran of the Townville Volunteer Fire Department down the road from the school, "just took him down," the sheriff said. He said the fire station is close to the school and Brock arrived before others officers responding to the dispatch.

    Brock has said he doesn't want attention for his actions.

    He "wants to remain humble and quiet about it" as he believes "he did nothing any of the other volunteer firefighters wouldn't have done," said Scott Stoller with Anderson County Emergency Management.

    Regardless, he said, "Firefighter Brock is absolutely a hero."

    Authorities said the shooting

    Read More »from Officials: Firefighter halts teen who killed father, shot 3
  • Ferrari Unveils Its New Four-Seater V8

    This content is from MarketWatch

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