Company Overview and News
Welcome to the First Quarter 2018 USG Corporation Earnings Conference Call. My name is Sylvia, and I'll be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. Please note that this conference is being recorded. I will now turn the call over to Bill Madsen. Mr. Madsen, you may begin.
(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) plans to vote against four board nominees proposed by USG Corp (USG.N), giving a boost to a $5.9 billion takeover bid by German’s Gebr Knauf AG that the building products company had rejected.
Warren Buffett's Berkshire Hathaway Inc plans to oppose board nominees proposed by USG Corp in an upcoming shareholder vote, as the wallboard maker tries to fend off a roughly US$5.9 billion takeover bid by Germany's Knauf AG.
(Reuters) - Gebr Knauf KG, the German producer of building materials seeking to take over U.S. gypsum manufacturer USG Corp (USG.N), called on USG shareholders on Tuesday to pressure it to engage in deal talks by withholding their support for its board nominees.
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Warren Buffett's conglomerate Berkshire Hathaway has filed an amended 13D with the SEC regarding its position in USG Corporation (USG). Per the filing, Berkshire owns 30.8% of the company with 43.38 million shares as of March 23rd. This is up slightly from the 39 million shares Berkshire reported owning at the end of 2017 per their most recent 13F filing. The main reason for the filing is the information below, pulled verbatim from the filing: "From time to time, beginning many years ago, executives of Gebr.
NEW YORK – News that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood Monday, giving the market its best day in more than two years and erasing about half of its huge losses last week.
News that the U.S. and China are open to negotiating to avert a trade war put investors in a buying mood Monday, giving the market its best day in more than two years and erasing about half of its huge losses last week.
(Reuters) - U.S. building products maker USG Corp (USG.N), backed by Warren Buffett, rejected an unsolicited buyout offer from its second-biggest shareholder, Germany’s Gebr Knauf KG, saying the offer substantially undervalued the company.
2018-04-25 - Asif
Overview Genocea Biosciences is a biopharmaceutical company that discovers and develops novel cancer vaccines. The company use its proprietary discovery platform, ATLAS, to recall a patient’s pre-existing CD4+ and CD8+ T cell immune responses to their tumor to identify antigens for inclusion in vaccines that are designed to act through T cell (or cellular) immune responses. The company believe that using ATLAS to identify antigens for inclusion in cancer vaccines could lead to more immunogenic and efficacious cancer vaccines. In September 2017, the company announced a strategic shift to immuno-oncology and a focus on the development of neoantigen cancer vaccines. Currently, all of its research programs and product candidates in active development are at the preclinical stage. The company's most advanced program is its preclinical immuno-oncology program, GEN-009, a neoantigen cancer vaccine. The GEN-009 program uses ATLAS to identify patient neoantigens, or newly formed anti...
2018-04-25 - Asif
Overview Amazon.com opened its virtual doors on the World Wide Web in July 1995. The company seek to be Earth’s most customer-centric company. Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. In each of its segments, the company serve its primary customer sets, consisting of consumers, sellers, developers, enterprises, and content creators. In addition, the company provide services, such as advertising services and co-branded credit card agreements. Amazon has organized its operations into three segments: North America, International, and Amazon Web Services (“AWS”). These segments reflect the way the Company evaluates its business performance and manages its operations. Additional information on its operating segments and its net sales is contained in Item 8 of Part II, “Financial Statements and Supplementary Data—Note 11—Segment Information.” The compan...
2018-04-23 - Asif
Overview Lipocine is a specialty pharmaceutical company focused on applying its oral drug delivery technology for the development of pharmaceutical products in the area of men’s and women’s health. The company's proprietary delivery technologies are designed to improve patient compliance and safety through orally available treatment options. The company's primary development programs are based on oral delivery solutions for poorly bioavailable drugs. Lipocine has a portfolio of proprietary product candidates designed to produce favorable pharmacokinetic (“PK”) characteristics and facilitate lower dosing requirements, bypass first-pass metabolism in certain cases, reduce side effects, and eliminate gastrointestinal interactions that limit bioavailability. The company's lead product candidate, TLANDO™, is an oral testosterone replacement therapy (“TRT”) and is currently under review by the United States Food and Drug Administration (“FDA”) with a Prescription Drug User Fee Act (“...