Notable News Review:ImmunoGen, Inc. (NASDAQ:IMGN), Prudential Public Limited Company (ADR)(NYSE:PUK), Store Capital Corp (NYSE:STOR)

On Thursday, Shares of ImmunoGen, Inc. (NASDAQ:IMGN), added 5.91% and closed at $2.15 in the last trading session. The last trading range of the stock ranges between $2.10 and $2.18. ImmunoGen, Inc. (IMGN), a leader in the expanding field of antibody-drug conjugates (ADCs) for the treatment of cancer, recently declared that new preclinical data on the Company’s novel IGN ADCs, IMGN632 and IMGN779, will be presented at the forthcoming American Society of Hematology (ASH) annual meeting, which is being held December 3-6, 2016 in San Diego, CA.

IMGN632, a CD123-targeting ADC and IMGN779, a CD33-targeting ADC, both use ImmunoGen’s new family of indolino-benzodiazepine cancer-killing agents called IGNs. ImmunoGen designed IGN payloads to alkylate DNA without crosslinking it. Data being presented at ASH will demonstrate that DNA-alkylating IGNs are ultra-potent, yet provide raised tolerability contrast with DNA crosslinking versions.

“Accelerating our earlier-stage portfolio with an emphasis on our IGN ADCs is one of ImmunoGen’s planned priorities, and we believe the IMGN632 and IMGN779 preclinical data being presented at ASH further demonstrate why we are excited about the potential of these programs,” said Richard Gregory, Ph.D., executive vice president and chief scientific officer of ImmunoGen.

Prudential Public Limited Company (ADR)(NYSE:PUK), jumped 7.90% and closed at $38.52 in the last trading session. The last trading range of the stock ranges between $37.59 and $38.89. The company’s Market capitalization is $15.91 Billion with the total Outstanding Shares of 2.57 billion. A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of Jackson National Life Insurance Company, its wholly owned partner, Jackson National Life Insurance Company of New York (together known as JNL) and its direct parent, Brooke Life Insurance Company. In Addition To, A.M. Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “aa-” on the notes issued under JNL’s funding agreement-backed securities programs and the Long-Term IR of “a” on JNL’s existing $250 million 8.15% surplus notes. The outlook of all of these Credit Ratings (ratings) is stable. All companies above are headquartered in Lansing, MI. (Please see below for a detailed listing of the Long-Term IRs.)

Store Capital Corp (NYSE:STOR), dropped -6.82% and closed at $23.79 in the last trading session. The last trading range of the stock ranges between $23.72 and $25.40. During the 52-week trading session the minimum price at which share price traded, registered at $21.42 and reached to max level of $31.44. STORE Capital Corporation (STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, will take part in REITWorld® 2016: NAREIT’s Annual Convention for All Things REIT® being held November 15 – 17, 2016 in Phoenix, Arizona at the JW Marriott Phoenix Desert Ridge. Administration will host meetings with institutional shareholders and analysts on Tuesday, November 15th and Wednesday, November 16th.

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