Moving Stocks : American Eagle Outfitters, Inc. (NYSE:AEO), Novartis AG (NYSE:NVS), TPG Specialty Lending, Inc. (NYSE:TSLX), Lipocine (NASDAQ:LPCN), The Chefs’ Warehouse (NASDAQ:CHEF)

Technology Stocks News 1

American Eagle Outfitters, Inc. (NYSE:AEO) is coming to the UK! American Eagle Outfitters describes itself as “America’s favourite jeans brand”, and will be hoping to replicate the success in the UK by launching stores at London’s Westfield White City, and then Bluewater in Kent. American Eagle Outfitters, Inc. (NYSE:AEO) belongs to Services sector. Its net profit margin is 1.40% and weekly performance is -5.76%. On last trading day company shares ended up $12.92. American Eagle Outfitters, Inc. (NYSE:AEO) distance from 50-day simple moving average (SMA50) is -6.01%.

On Oct. 20, Novartis AG (NYSE:NVS) announced the Dermatologic and Ophthalmic Drugs Advisory Committee (DODAC) to the US Food and Drug Administration (FDA) today voted 7 to 0 to support the approval of AIN457 (secukinumab), a selective interleukin-17A (IL-17A) inhibitor, for the treatment of moderate-to-severe plaque psoriasis in adult patients who are candidates for systemic therapy (a drug that is absorbed into the bloodstream and distributed to all parts of the body) or phototherapy (light therapy). The DODAC based its recommendation on the safety and efficacy outcomes from 10 psoriasis Phase II/III clinical studies which included nearly 4,000 patients with moderate-to-severe plaque psoriasis. Novartis AG (NYSE:NVS) shares increased 1.02% in last trading session and ended the day at $90.15. NVS Gross Margin is 67.10% and its return on assets is 7.80%. Novartis AG (NYSE:NVS) quarterly performance is 2.71%.

TPG Specialty Lending, Inc. (NYSE:TSLX) announced that it has favorably amended and extended its senior secured revolving credit facility (“the amended facility”) with its bank group. The amended facility has a borrowing rate of LIBOR plus 200 basis points, a 25 basis point reduction, with no LIBOR floor, and a final maturity of October 2019, extended from February 2019. Under the terms of the amended facility, the letter of credit sublimit has been increased from $20 million to $100 million. The amended facility continues to include the accordion feature, which would allow the Company, under certain circumstances, to increase the size of the amended facility to a maximum of $956.3 On 24 October, TPG Specialty Lending, Inc. (NYSE:TSLX) shares increased 0.73% and was closed at $16.48. TSLX EPS growth in last 5 year was 0.00%. TPG Specialty Lending, Inc. (NYSE:TSLX) year to date (YTD) performance is 10.09%.

On Oct. 13, Lipocine Inc. (NASDAQ:LPCN) announced positive top-line results from a Phase 2a clinical study of LPCN 1111, a novel testosterone replacement therapy (“TRT”) candidate, in hypogonadal males. The primary objective of the study was to determine the feasibility of once daily dosing of LPCN 1111 in hypogonadal males. Lipocine Inc. (NASDAQ:LPCN) ended the last trading day at $5.17. Company weekly volatility is calculated as 10.29% and price to cash ratio as 1.93. Lipocine Inc. (NASDAQ:LPCN) showed a weekly performance of 7.04%.

The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) announced that it has acquired substantially all of the assets of Euro Gourmet Inc., based in Beltsville, Maryland. Founded in 1999, Euro Gourmet is a wholesale specialty distributor of imported and domestic products along the East Coast. The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) shares moved down -2.83% in last trading session and ended the day at $16.48. CHEF Gross Margin is 25.10% and its return on assets is 4.00%. The Chefs’ Warehouse, Inc. (NASDAQ:CHEF) quarterly performance is -4.57%.

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