Goldman Sachs Expects Hurricane Irma to Hurt Oil Demand

Goldman Sachs Expects Hurricane Irma to Hurt Oil Demand

Hurricane Irma is expected by Goldman Sachs to have a negative impact on oil demand, but the firm said it sees a larger hit to oil demand from hurricane Harvey, “given the large concentration of energy-intensive petrochemical activity in its path.” The firm noted it doesn’t expect Irma, which made landfall Sunday in Florida, to have an impact on oil production or processing. “Although Irma will be a more powerful […]

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Five Prime Therapeutics Terminates Research and Collaboration Agreement with INBRX 110 LP

Five Prime Therapeutics Terminates Research and Collaboration Agreement with INBRX 110 LP

Five Prime Therapeutics (FPRX) disclosed in a regulatory filing that it has delivered to INBRX 110 LP, or Inhibrx, a written notice of termination of the research collaboration and license agreement between the companies. Under this agreement, FivePrime obtained from Inhibrx an exclusive, worldwide license to antibodies to glucocorticoid-induced tumor necrosis factor receptor for therapeutic and diagnostic uses, and an exclusive option to obtain exclusive, worldwide licenses to multi-specific antibodies […]

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Primoris Services Unit To Invest in School Solar Projects

Primoris Services Unit To Invest in School Solar Projects

Primoris Services, a specialty construction and infrastructure company, said its BW Primoris unit will make a $22 million investment to build, own, and operate solar power systems for a California School District. BW Primoris will acquire the projects from the developers, Spear Point Energy and PFMG Solar. The projects are expected to generate a 25-year recurring revenue stream from the school district’s signed power purchase agreement and are also expected […]

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Marriot Vacations Completes Loan Securitization

Marriot Vacations Completes Loan Securitization

Marriot Vacations Worldwide said it has completed the securitization of a pool of approximately $361 million of vacation ownership loans. Approximately $303 million of the loans were purchased Aug. 17 by the MVW Owner Trust 2017-1 and all or a portion of the remaining loans may be purchased by the trust prior to Jan. 15. In connection with the securitization, investors purchased $350 million of notes from the trust. Of […]

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Century Casinos Shares Higher

Century Casinos Shares Higher

Shares of Century Casinos were over 4% higher Thursday after the company said it submitted a license application with its local partner for a casino at the Hamilton Pricess Hotel & Beach Club in Hamilton, Bermuda. The company said it believes that its submission represents the only casino license application in Bermuda at this time. Century Casinos said the next step in the application process will be a hearing of […]

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