On Monday, Shares of Bristol-Myers Squibb Co (NYSE:BMY), added 0.34% and closed at $56.56 in the last trading session. The last trading range of the stock ranges between $56.02 and $56.85. Bristol-Myers Squibb Company (BMY) recently unveiled rheumatoid arthritis (RA) and autoimmune disease data being presented at the 2016 Annual Meeting of the American College of Rheumatology (ACR) and the Association of Rheumatology Health Professionals (ARHP) in Washington, D.C. The Company will present 23 abstracts that exemplify Bristol-Myers Squibb’s leadership in autoimmune disease. This includes real-world data analyses examining the role of poor prognostic factors, with a focus on anti-cyclic citrullinated protein antibodies (anti-CCP, also known as ACPA), in patients with moderate to severe RA. Bristol-Myers Squibb’s ACPA-related research has assisted further the understanding of ACPA as a key prognostic factor related to rapidly progressive RA.
Among the data being presented are two real-world data analyses from the ongoing Corrona® RA registry – the leading RA cohort prospectively followed in North America. One analysis showed a noteworthyrelationship between poor prognostic factors for RA and work status over 12 months. Patients with the worst prognostic factors were less likely to have a part-time or full-time job contrast with those having a better RA prognosis. Despite the association between poor prognostic factors and work limitations, the other analysis found no noteworthyassociation between the presence of 0-1, 2, or 3+ poor prognostic factors for RA and treatment initiation with a biologic therapy over 12 months, suggesting that poor prognostic status does not presently influence RA treatment decisions.
Urban Outfitters, Inc. (NASDAQ:URBN), jumped 3.64% and closed at $39.25 in the last trading session. The last trading range of the stock ranges between $37.95 and $40.80. The company’s Market capitalization is $4.79 Billion with the total Outstanding Shares of 117.23 million. Urban Outfitters, Inc., a lifestyle specialty retail company, engages in the retail and wholesale of general consumer products. It operates through two segments, Retail and Wholesale. The company retails womens and mens fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear and gear, and electronics, in addition to a mix of apartment wares and gifts for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, counting womens casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand. It also offers a collection of heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie, and decorations under the Bhldn brand; and lifestyle home and garden products, antiques, live plants, flowers, wellness products, and accessories under the Terrain brand, in addition to operates Terrain garden centers that offer full service restaurant and coffee bar services. In addition, the company operates Free People retail stores that provide merchandise mix of casual womens apparel, intimates, shoes, accessories, activewear, home products, and gifts for women aged 25 to 30. It serves its customers directly through retail stores, Websites, mobile applications, catalogs, and customer contact centers. As of March 7, 2016, the company operated 240 Urban Outfitters stores; and 218 Anthropologie Group stores comprising Anthropologie, Bhldn, and Terrain brands in the United States, Canada, and Europe, in addition to 114 Free People stores in the United States and Canada.
AngloGold Ashanti Limited (ADR)(NYSE:AU), gained 4.55% and closed at $11.72 in the last trading session. The last trading range of the stock ranges between $10.96 and $12.07. Company stock’s 52-week range is $6.20 – $22.91 AngloGold Ashanti (AU) declared a noteworthyjump in third-quarter free cash flow to $161m, further improving its net debt position despite a decline in ore grades at some of its operations and a challenging operating environment for its South African business.
Free cash flow was $161m, before the $30m once-off cost incurred for the early repayment of its high-yield bond, the Company’s most expensive debt. The free cash flow generation for the three months through September 30 was a noteworthyimprovement on the $50m outflow in the third quarter of 2015, and 49% more than the $108m generated in the first half of this year.
AngloGold Ashanti has for the past three years delivered on a range of self-assist measures to cut debt, using internally generated funds without diluting shareholders. Whilst it was indicated formerly that costs would be higher in the second half of the year, the increase was exacerbated by a poor performance in South Africa, a delay in accessing higher grades in Brazil, capital expenditure absorbed over fewer ounces, and strengthening currencies.