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News Recap – Assured Guaranty (AGO), Delcath Systems (DCTH), Resource Capital (RSO), Penn Virginia Corporation (PVA)

U.S. stocks ended slightly higher on Monday after a mostly listless day of trading. The Nasdaq composite managed to eke out its second straight record high.

Spurred by a strong performance from AAPL and a host of other major technology stocks, the NASDAQ posted moderate gains to move to a new record high previously reached on Friday. A stellar session in tech stocks also boosted the Dow Jones Industrial and the S&P 500, which each rose by more than 0.05% on the session. The Dow gained 13.96 or 0.08% to 18,100.41, while the NASDAQ added 8.72 or 0.17% to close Monday’s session comfortably above 5,000 at 5,218.86.

The S&P 500, meanwhile, gained 1.64 or 0.08% to 2,128.28, as seven of 10 sectors closed in the green. Stocks in the Technology, Telecommunications and Financial sectors led, each gaining more than 0.25% on the day. The S&P closed points away from reaching its own all-time closing high.

Assured Guaranty (NYSE:AGO) showing dropped of -3.15% and closed at $24.30, after gaining total volume of 2.85 million shares. It earnings per share (EPS) is $7.54 and it has total market capitalization of $3.79 billion and a total of 150.90 million outstanding shares. Assured Guaranty (NYSE:AGO) through its subsidiaries, provides credit protection products to public finance, infrastructure, and structured finance markets in the United States and internationally. It offers financial guaranty insurance that protects holders of debt instruments and other monetary obligations from defaults in scheduled payments. The company insures various debt obligations, including bonds issued by the United States state or municipal governmental authorities; notes issued to finance infrastructure projects; and asset-backed securities issued by special purpose entities.

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Is AGO a Solid Investment at These Levels? Read This Report For Details

Delcath Systems (NASDAQ:DCTH) reported the plunge of -3.15% and closed at $0.520, with the total traded volume of 1.87 million shares. During last trade its minimum price was $0.50 and it gained its highest price of $0.62 and has a total of 21.74 million outstanding shares. Delcath Systems (NASDAQ:DCTH) recently declared that the U.S. Food and Drug Administration (FDA) Office of Orphan Products Development (OOPD) has granted Orphan Drug Designation for  melphalan  for the treatment of  cholangiocarcinoma.  The OOPD is tasked with evaluating the scientific and clinical data submissions from sponsors to identify and designate products as promising for rare diseases and to further advance scientific development of such promising medical products.

Can Investors Bet on DCTH after this News update? Find out in this Research Report

Resource Capital (NYSE:RSO) decreased -3.14% closed at $3.70 and traded with total volume of 1.40 million shares, while the average trading remained 758,302.00 shares. During last trade its minimum price was $3.64 and it gained the highest price of $3.83. Its market capitalization was $512.53 million. Resource Capital (NYSE:RSO) a diversified real estate investment trust, primarily focuses on originating, holding, and managing commercial mortgage loans and other commercial real estate-related debt and equity investments in the United States. The company invests in commercial real estate-related assets, such as first mortgage loans; first priority interests in first mortgage real estate loans; subordinate interests in first mortgage real estate loans; mezzanine debt; commercial mortgage-backed securities; commercial real estate; and residential mortgage loans and mortgaged-backed securities.

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Penn Virginia Corporation (NYSE:PVA) reported the decline of -3.26%, after closing price for the day was $2.53. Its total trading volume for the day was 9.38 million shares, versus its average volume of 5.53 million shares. Its earnings per share are $-7.59. Penn Virginia Corporation (NYSE:PVA) unveiled that it will release its second quarter 2015 results after the market closes on Wednesday, July 29, 2015, and hold a conference call / webcast on Thursday, July 30, 2015, at 10:00 a.m. ET. The full text of the second quarter earnings release and a link to the webcast will be available at PVA’s website and through other electronic business news services. You can participate in the conference call by phone or via the Internet.

What PVA Charts Are Signaling for Traders? Find Out Here

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