Royalty management company Theravance, Inc. (NASDAQ:THRX) announced Thursday the appointment of Eric d’Esparbes as senior vice president and the new chief financial officer of the company. d’Esparbes succeeds Michael Aguiar, who was promoted to chief executive officer in mid-August. Theravance Inc. (NASDAQ:THRX) in last trading activity increased 0.31% to close at $16.24. Company weekly performance is -3.96% while its quarterly performance stands at -43.32%. Theravance Inc. (NASDAQ:THRX) is -50.07% away from its 52 week high.
Dilma Da Silva, a former International Business Machines Corp. (IBM) and QUALCOMM, Inc. (NASDAQ:QCOM) executive who recently became head of the computer science and engineering department at Texas A&M, said “his comments were surprising and show he’d never really reflected on the topic. On last trading day QUALCOMM, Inc. (NASDAQ:QCOM) fell -3.86% to close at $71.22. Its volatility for the week is 2.28% while volatility for the month is 1.54%. QCOM’s sales growth for past 5 years was 17.40% and its EPS growth for past 5 years was 15.50%. QUALCOMM, Inc. (NASDAQ:QCOM) monthly performance is -6.42%.
Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX)’s CMO Jeffrey Chodakewitz sold 3,436 shares of Vertex Pharmaceuticals stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $104.26, for a total value of $358,237.36. On last trading day Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) fell -0.51% to close at $104.73. Its volatility for the week is 3.65% while volatility for the month is 4.09%. VRTX’s sales growth for past 5 years was 47.20% and its EPS growth for past 5 years was 9.50%. Vertex Pharmaceuticals Incorporated (NASDAQ:VRTX) monthly performance is 11.12%.
Zacks lowered shares of Marine Products Corp. (NYSE:MPX) from an outperform rating to a neutral rating in a research note issued to investors on Tuesday, 23 September 2014. Marine Products Corp. (NYSE:MPX) has 6.80% insider ownership while its institutional ownership stands at 20.90%. In last trading activity company’s stock closed at $7.35.
In Massachusetts, National Grid plc (NYSE:NGG) said that its customers can expect a 37 percent rate increase in November. Liberty Utilities in New Hampshire announced that there will be a 50 percent rate increase, and Unitil, which serves Massachusetts, Maine and New Hampshire, announced a price rise that will add over $40 a month to the average home electricity bill. These companies explained that the rate increases are due to the increasing cost of power on the grid. On Friday shares of National Grid plc (NYSE:NGG) closed at $70.01. Company’s sales growth for last 5 years was -1.10% and EPS growth for next 5 years is recorded as 7.40%.