Shareholder rights law firm Robbins Arroyo LLP announces that a securities fraud class action complaint was filed in the U.S. District Court for the Northern District of California. The complaint alleges that officers and directors of XOMA Corporation (NASDAQ:XOMA) violated the Securities Exchange Act of 1934 between November 6, 2014 and July 21, 2015, by making materially false and misleading statements about XOMA’s business prospects. XOMA discovers and develops antibody-based therapeutics in the United States, Europe, and the Asia Pacific. The company developed gevokizumab, a drug believed to have the potential to address the inflammatory causes of a wide range of diseases with unmet medical needs. XOMA Corporation (NASDAQ:XOMA) belongs to Healthcare sector. Its weekly performance is -11.35%. On last trading day company shares ended up $0.78. XOMA Corporation (NASDAQ:XOMA) distance from 50-day simple moving average (SMA50) is -76.69%.
Mylan N.V. (NASDAQ:MYL) continues to leap over hurdles toward buying Perrigo Co. plc, but one still looms — its own shareholders. They’re due to assemble Aug. 28 in Amsterdam to vote on whether to proceed with Mylan’s (Nasdaq:MYL) unsolicited $28.9 billion offer for the Dublin-based pharmaceutical firm. Mylan N.V. (NASDAQ:MYL) shares fell -0.96% in last trading session and ended the day at $54.67. MYL Gross Margin is 46.50% and its return on assets is 5.10%. Mylan N.V. (NASDAQ:MYL) quarterly performance is -25.00%.
Insurance holding company AmTrust Financial Services, Inc. (NASDAQ:AFSI) announced Wednesday that it has entered into an agreement to acquire Nationale Borg-Maatschappij and its affiliates from Egeria and HAL Investments. The cash purchase price of 154 million euros. AmTrust Financial Services, Inc. (NASDAQ:AFSI) belongs to Financial sector. Its net profit margin is 13.80% and weekly performance is 5.60%. On last trading day company shares ended up $71.08. AmTrust Financial Services, Inc. (NASDAQ:AFSI) distance from 50-day simple moving average (SMA50) is 10.82%.
Sapiens International Corp. (NASDAQ:SPNS), a provider of software solutions for the insurance industry, reported that second-quarter net income attributable to Sapiens’ shareholders improved to $4.71 million or $0.10 per share from $3.11 million or $0.06 per share in the prior-year quarter. Sapiens International Corporation N.V. (NASDAQ:SPNS) shares increased 0.65% in last trading session and ended the day at $10.85. SPNS Gross Margin is 37.80% and its return on assets is 6.70%. Sapiens International Corporation N.V. (NASDAQ:SPNS) quarterly performance is 29.78%.
Senior management of Southwest Gas Corporation (NYSE: SWX) is holding a conference call to discuss the Southwest 2015 second quarter and twelve-months results on Thursday, August 6, 2015. Southwest Gas Corporation (NYSE:SWX) ended the last trading day at $55.54. Company weekly volatility is calculated as 1.43% and price to cash ratio as 68.46. Southwest Gas Corporation (NYSE:SWX) showed a weekly performance of -0.41%.