News Recap-Alaska Air Group, (ALK), VimpelCom (VIP), Kite Pharma (KITE), EarthLink Holdings (ELNK)

Investorwired.com  23.06.2015

 

VimpelCom Ltd moved up 2.50% with the closing price of USD5.53 on June 22. The overall volume in the last trading session was 2.04 million shares. Its 52-week range was USD3.09-USD9.14. The total market capitalization remained USD9.49 bln while its total outstanding shares are 1.75 billion.

 

US stocks advanced yesterday as investors grew more optimistic that there would be a breakthrough in talks between Greece and its lenders. Stocks also got a boost from deal news in the health care and energy sectors. The Dow Jones industrial average added 103.83 points, or 0.6%, to 18,119.78. The Standard & Poor’s 500 index rose 12.86 points, or 0.6%, to 2,122.85 and the Nasdaq composite climbed 36.97 points, or 0.7%, to 5,153.97. European nations were cautiously optimistic yesterday that a deal on Greece’s bailout was within reach this week, easing fears that the country would default on its debt and leave the euro region. Alaska Air Group, Inc. ( NYSE:ALK ) increased 2.44% and close at $66.22 in the last trading session with the overall traded volume of 1.73 million shares, versus the average volume of 1.38 million shares. Its fifty two week range was $40.69-$71.40. It has market cap of $8.34 billion while its total outstanding shares are 128.95 million. Alaska Air Group, Inc. (NYSE: ALK) declared that they will purchase eight new, dual-class Embraer E175 jets to fly for Alaska Airlines. The new planes, to be delivered in 2016, will replace eight older regional jets SkyWest currently flies for the Seattle-based carrier. The acknowledgement comes the same month SkyWest takes ownership of the first of seven E175s purchased last fall to be flown for Alaska under a capacity purchase agreement (CPA). The regional carrier will begin flying the planes for Alaska on July 1 with the start of new service from Seattle to both Milwaukee and Oklahoma City, and between Portland, Oregon and St. Louis. For How Long ALK will Fight for Profitability? Read This Trend Analysis report VimpelCom Ltd (ADR) ( NASDAQ:VIP ) moved up 2.50% with the closing price of $5.53. The overall volume in the last trading session was 2.04 million shares. Its fifty two week range was $3.09-$9.14. The total market capitalization remained $9.49 billion while its total outstanding shares are 1.75 billion. VimpelCom Ltd (ADR) (NASDAQ: VIP) publicized that VimpelCom shareholders approved all agenda items at its Annual General Meeting of Shareholders (AGM) held in Amsterdam. The reappointment of PricewaterhouseCoopers Accountants NV as the Company’s auditor was also approved. Holders of approximately 93.2% of the Company’s shares were represented at the AGM. For How Long VIP Gloss will Attract Investors? Find out via this report Kite Pharma Inc ( NASDAQ:KITE ) increased 2.41% to close at $63.84 in the last trading session and its total traded volume was 1.64 million shares versus average volume of 1.19 million. The company has market cap of $2.69 billion while its total outstanding shares are 3.06 million. Kite Pharma Inc (NASDAQ:KITE) stated that they have entered into a collaboration agreement to co-develop and co-commercialize second generation T cell receptor (TCR) product candidates directed against the human papillomavirus type 16 E6 (HPV-16 E6) on coprotein incorporating gene editing and lentiviral technologies. Bluebird bio has a platform comprised of lentiviral gene delivery and gene editing capabilities, with a focus on rare diseases and cancer immunotherapies. For How Long KITE Gloss will Attract Investors? Find out via this report EarthLink Holdings Corp. ( NASDAQ:ELNK ) increased 2.39% to close at $7.27 and its overall volume in the last trading session was 1.16 million shares, versus average trading volume of 1.30 million. It has market cap of $731.29 million while its total outstanding shares are 103.39 million. EarthLink Holdings Corp. (NASDAQ:ELNK) jointly with its subsidiaries, provides managed network, security, and cloud services to business and residential customers in the United States. The company operates in two segments, Business Services and Consumer Services. The Business services segment provides data services, including multiprotocol label switching services, Wi-Fi, and high-speed Internet access; voice services, such as local and long-distance services over traditional copper lines, hosted voice, SIP trunking, and integrated voice and data solutions.

 

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