On Friday, Shares of Ironwood Pharmaceuticals, Inc. (NASDAQ:IRWD) subtract -3.33% and closed at $13.64 in the last trading session. The last trading range of the stock ranges between $13.63 and $14.23. A new survey conducted among primary care physicians and rheumatologists found that despite their overall agreement that gout is a serious and chronic medical condition with potential long-term consequences, patients remain at risk. Of physicians surveyed, 89 percent agree that achieving serum uric acid (sUA) levels <6 mg/dL is imperative, yet only 51 percent report their patients with gout are reaching this target.
Further, nearly all (94 percent) of healthcare providers (HCPs) surveyed indicate that gout needs to be treated aggressively given long-term consequences, but express frustration (82 percent) when treatments fail to control sUA levels. A majority (89 percent) of physicians surveyed express a desire for additional treatment options for their patients.
“What I find most concerning about these findings is that we as physicians agree gout is not only a painful, often debilitating disease, but can have long-term consequences like permanent joint damage. Moreover, studies are showing a good deal of association between gout and comorbid conditions such as cardiovascular disease and kidney disease. Yet clinicians who treat patients with gout are only getting about half of those patients to their target sUA levels,” said Paul Doghramji, M.D., Family Physician, Collegeville Family Practice, Collegeville, PA. “I think there are two reasons why: we haven’t had enough treatment options to assist manage the disease and there are continued misconceptions about gout that contribute to ineffective disease administration.”
Cabelas Inc (NYSE:CAB) dropped -0.05% and closed at $61.90 in the last trading session. The last trading range of the stock ranges between $61.84 and $62.10. The company’s Market capitalization is $4.24B with the total Outstanding Shares of $68.47M. Cabelas Incorporated operates as a specialty retailer and direct marketer of hunting, fishing, camping, and related outdoor merchandise. The company operates through Retail, Direct, and Financial Services segments. The Retail segment sells products and services through its retail stores The Direct segment sells products through its e-commerce websites, counting Cabelas.com and Cabelas.ca; and direct mail catalogs. The Financial Services segment issues Cabelas CLUB Visa credit card, a rewards based credit card program; and certificates of deposit, in addition to underwrites credit statistics. This segment offers its Cabelas CLUB Visa credit card through various channels, counting retail stores, Website, inbound telemarketing, and catalogs. The companys product assortment includes hunting equipment, such as firearms, ammunition, optics, archery products, and related accessories and supplies; and field wear apparel and footwear, sportswear apparel and footwear, casual apparel and footwear, and workwear products. Its product assortment also comprises equipment and accessories for various outdoor activities, counting fishing and tackle products; boats, electronics, and marine accessories and equipment; camping gear and equipment; food preparation and outdoor cooking products; all-terrain vehicles and accessories; and gifts and home furnishings.
Landmark Infrastructure Partners LP (NASDAQ:LMRK) lost -4.37% and closed at $16.40 in the last trading session. The last trading range of the stock ranges between $16.05 and $16.50. Landmark Infrastructure Partners LP (LMRK) (the “Partnership”) declared recently that it has priced its underwritten public offering of 3,000,000 common units representing limited partner interests in the Partnership (“Common Units”) at a public offering price of $16.30 per Common Unit. The underwriters have a 30-day option to purchase up to 450,000 additional Common Units. The offering is expected to close on or about October 19, 2016, subject to customary closing conditions.
The Partnership anticipates to receive net proceeds of about $46.3 million (or about $53.3 million if the underwriters exercise in full their option to purchase an additional 450,000 Common Units) and intends to use the net proceeds from the offering to fund a portion of the purchase price for the formerly declared acquisition by the Partnership of 100% of the equity interests in certain entities that own about 4,000 acres of land in California from Recurrent Energy Landco LLC, a partner of Canadian Solar Inc. (the “Recurrent Transaction”). Until the Partnership applies the net proceeds for the purposes described above, it may repay indebtedness under its revolving credit facility or invest the proceeds in short-term liquid investments. If the Recurrent Transaction is not consummated, then the Partnership intends to use the net proceeds to repay borrowings outstanding under its revolving credit facility.