Shining on Major News: Tahoe Resources Inc. (NYSE:TAHO), Incyte Corporation (NASDAQ:INCY), EMC Corporation (NYSE:EMC), Vector Group Ltd. (NYSE:VGR), Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL)

Tahoe Resources Inc. (NYSE:TAHO) today announced that Kevin McArthur, Tahoe’s Executive Chair, has assumed the Chief Executive Officer duties of the company following the resignation of Alex Black as Tahoe’s CEO and Director. Tahoe Resources Inc. (NYSE:TAHO) belongs to Basic Materials sector. Its weekly performance is -8.83%. On last trading day company shares ended up $7.54. Tahoe Resources Inc. (NYSE:TAHO) distance from 50-day simple moving average (SMA50) is -36.53%.

Incyte Corporation (NASDAQ:INCY) released 2015 second-quarter financial results, including revenue from Jakafi. Revenues For the quarter ended June 30, 2015, net product revenues of Jakafi were $142 million as compared to $84 million for the same period in 2014, representing 69 percent growth. For the six months ended June 30, 2015, net product revenues of Jakafi were $258 million as compared to $154 million for the same period in 2014, representing 68 percent growth. Incyte Corporation (NASDAQ:INCY) shares advanced 1.11% in last trading session and ended the day at $110.96. INCY Gross Margin is 99.00% and its return on assets is -8.50%. Incyte Corporation (NASDAQ:INCY) quarterly performance is 10.36%.

EMC Corporation (NYSE:EMC) today announced availability of VSPEX BLUE, its hyper-converged infrastructure appliance (HCIA) to India market. VSPEX BLUE is a next-generation converged infrastructure product that redefines simplicity by delivering virtualization, compute, and storage in an agile, scalable, easy-to-manage, HCIA. EMC Corporation (NYSE:EMC) belongs to Technology sector. Its net profit margin is 12.10% and weekly performance is 0.64%. On last trading day company shares ended up $26.85. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average (SMA50) is 1.82%.

Vector Group Ltd. (NYSE:VGR) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research report. Vector Group Ltd. (NYSE:VGR) ended the last trading day at $25.71. Company weekly volatility is calculated as 1.67% and price to cash ratio as 4.82. Vector Group Ltd. (NYSE:VGR) showed a weekly performance of 3.71%.

Rigel Pharmaceuticals Inc. (RIGL) on Tuesday reported a loss of $13.9 million in its second quarter. The South San Francisco, California-based company said it had a loss of 16 cents per share. The drug developer posted revenue of $5.2 million in the period. In the final minutes of trading on Tuesday, the company’s shares hit $3.16. A year ago, they were trading at $3.39. Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) shares advanced 1.58% in last trading session and ended the day at $3.21. RIGL return on assets is -52.20%. Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) quarterly performance is -23.21%.

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