PG&E (PCG), Edison Int'l (EIX) Levels Impacted by California Wildfire Concerns; Speedcast Inks Multi-year Contracts with Schlumberger (SLB); Hancock Jaffe (HJLI) In Focus
The Future of Vascular and Cardiothoracic Surgery Today
Hancock Jaffe Laboratories Inc. (Nasdaq:HJLI) specializes in developing and manufacturing bioprosthetic medical devices to establish improved standards of care for treating cardiac and vascular diseases.
HJLI currently has three product candidates: the porcine tissue based VenoValve, which is intended to be surgically implanted in the deep venous system of the leg to treat Chronic Venue Insufficiency; the CoreoGraft, a bovine tissue based off the shelf conduit intended to be used for coronary artery bypass surgery, and a porcine tissue based heart valve, which based upon its relatively small size and increased output, is an ideal candidate for pediatric aortic/mitral valve replacement.
What You Need to Know About HJLI
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The Mercury News saidMonday that State regulators have launched investigations into California’s two largest utility companies after both PG&E Corp. (NYSE:PCG) and Edison International's (NYSE:EIX) subsidiary Southern California Edison reported that their electrical infrastructure suffered malfunctions near ground zero of two deadly blazes raging across the north and south of the state. The California Public Utilities Commission is investigating whether the utilities company's facilities were involved in the beginning of the California wildfires that have killed 31 people.
Shares of PG&E closed at $32.98 (-$6.94 or -17.38%)
PG&E, through its subsidiary, Pacific Gas and Electric Company, engages in the sale and delivery of electricity and natural gas to residential, commercial, industrial, and agricultural customers in northern and central California, the United States.
Edison International's shares closed at $53.56 (-$7.44 or -12.20%)
Edison International, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in the United States.
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Speedcast International Ltd. (ASX:SDA) said Monday that it has been awarded multi-year (multi-million dollar) contracts in multiple countries to enhance existing global services for Schlumberger Ltd. (NYSE:SLB), the world's leading oilfield services provider.
Speedcast International is the largest provider of remote communications and IT services in the world. Its fully-managed service is delivered via a leading global, multi-access technology, multi-band and multi-orbit network of 70+ satellites and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support from 40+ countries.
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