On Thursday, Shares of Gilead Sciences, Inc. (NASDAQ:GILD), subtract -1.75% and closed at $76.21 in the last trading session. The last trading range of the stock ranges between $76.07 and $77.76. Gilead Sciences, Inc. (GILD) recently declared it has reached a partnership with the World Health Organization (WHO) to provide $20 million in funding and drug donations over five years to expand access to diagnostic services and treatment for visceral leishmaniasis (VL). As part of this collaboration, Gilead will donate 380,000 vials of AmBisome® (amphotericin B liposome for injection) to meet the needs of WHO to treat VL in key endemic countries, counting Bangladesh, Ethiopia, India, Nepal, South Sudan and Sudan.
VL, also known as kala-azar, is the world’s second-deadliest parasitic infectious disease and affects up to 300,000 people annually in resource-limited countries.
“This new partnershipcomes at the right time as we gear up to support endemic countries in the Eastern Africa sub-region and South-East Asia to eliminate visceral leishmaniasis as a public health problem by or before 2020,” said Dr. Ren Minghui, WHO Assistant Director-General for HIV/AIDS, Malaria and Neglected Tropical Diseases. “During the past five years, AmBisome, donated by Gilead, allowed many countries in the Region highly endemic for VL to implement WHO’s recommended first line treatment, benefitting thousands of people.”
Fiat Chrysler Automobiles NV (NYSE:FCAU), dropped -0.91% and closed at $6.52 in the last trading session. The last trading range of the stock ranges between $6.48 and $6.63. The company’s Market capitalization is $8.48 Billion with the total Outstanding Shares of 1.29 Billion. Each month, the digital magazine FCA360 provides in-depth feature articles about FCA US LLC and its Alfa Romeo, Chrysler, Dodge, FIAT, Jeep®, Ram, Mopar and SRT vehicles and products.
FCA US LLC is a North American automaker with a new name and a long history. Headquartered in Auburn Hills, Michigan, FCA US is a member of the Fiat Chrysler Automobiles N.V. (FCA) family of companies. FCA US designs, engineers, manufactures and sells vehicles under the Chrysler, Jeep, Dodge, Ram and FIAT brands, in addition to the SRT performance vehicle designation. The company also distributes the Alfa Romeo 4C model and Mopar products. FCA US is building upon the historic foundations of Chrysler, the innovative American automaker first established by Walter P. Chrysler in 1925; and Fiat, founded in Italy in 1899 by pioneering entrepreneurs, counting Giovanni Agnelli.
PG&E Corporation (NYSE:PCG), gained 0.44% and closed at $59.01 in the last trading session. The last trading range of the stock ranges between $58.23 and $59.23. During the 52-week trading session the minimum price at which share price traded, registered at $50.65 and reached to max level of $65.43. Crews from Pacific Gas and Electric Company (PG&E) will assist restore power to Florida residents influenced by Hurricane Matthew.
About 130 PG&E employees, counting line workers, equipment operators, supervisors and support personnel, will travel to Florida from Sacramento on Friday (Oct. 7). Many will be members of the International Brotherhood of Electrical Workers (IBEW) Local Chapter 1245, which supports this deployment.
Matthew, a Category 4 hurricane that wreaked havoc in the Caribbean this week, is expected to hit Florida recently. The National Hurricane Center has issued a hurricane warning for much of the Florida, Georgia and South Carolina coasts.
In 2014, PG&E and Florida Power & Light (FP&L) signed an historic, cross-continent mutual-aid agreement, pledging support in the event of a major natural disaster. Besides the commitment of personnel, the agreement between PG&E and FP&L includes logistics, common work procedures and safety protocols. This marks the first time this agreement has been activated. Per the agreement, FP&L as the host utility will cover the costs of this support.