Energy Stocks Mostly Firmer Ahead of Open

Energy Stocks Mostly Firmer Ahead of Open

Energy shares were mostly firmer in pre-market trade on Friday, as crude oil futures inched higher following reports of production cuts by oil-titan Saudi Arabia, which signals the kingdom’s plans to cut shipments in January, Light, sweet crude oil for February delivery was up 0.8% at $54.21 per barrel. In other energy futures, heating oil was up 0.9% at $1.71 per gallon while natural gas was 1.2% lower at $3.23 […]

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PTC Therapeutics Begins Clinical Study on Treatment

PTC Therapeutics Begins Clinical Study on Treatment

Shares of PTC Therapeutics were up Wednesday after the company said it started a clinical study evaluating the safety, tolerability and efficacy of oral small molecule RG7916 in infants with type I spinal muscular atrophy. The company noted it initiated the clinical study together with Roche and the SMA Foundation under a joint development program for spinal muscular atrophy. The clinical study consists of two parts, and commencement of a […]

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Diana Shipping Takes Delivery of Two Newcastlemax Drybulk Vessels

Diana Shipping Takes Delivery of Two Newcastlemax Drybulk Vessels

Diana Shipping said Wednesday that it has taken delivery of the m/v San Francisco and the m/v Newport News, two new building Newcastlemax dry bulk vessels that were contracted in May 2013. The m/v San Francisco has been time chartered to Koch Shipping Pte. Ltd. at a rate of $11,750 per day. The employment is expected to generate approximate $4.2 million in gross revenues. The m/v Newport News has been […]

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Voyager Therapeutics Appoints New CFO

Voyager Therapeutics Appoints New CFO

Voyager Therapeutics said Tuesday it has appointed Jane Pritchett Henderson as senior vice president and chief financial officer effective Jan. 1. Henderson most recently served as chief financial and business officer of Kolltan Pharmaceuticals, having joined the privately-held biopharmaceutical company in 2013 and leading the sale of Kolltan to Celldex Pharmaceuticals in late 2016. According to SEC filings by the company, Henderson will receive a base annual salary of $370,000 […]

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Southern Company Signs Joint Development Accord

Southern Company Signs Joint Development Accord

Southern Company’s Southern Power unit said it has reached an accord with Renewable Energy Systems Americas Inc. to develop and construct approximately 3,000 megawatts (MW) across 10 projects with commercial operation dates between 2018 and 2020. Additionally, Southern Power has signed agreements to purchase wind turbine equipment from both Siemens and Vestas Wind Systems for use at the facilities. The wind turbine equipment purchases will be used to secure current […]

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