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Aimmune Therapeutics, Inc. Nasdaq:AIMTa biopharmaceutical company developing treatments for potentially life-threatening food allergies, today announced the appointment of Jayson Dallas, M. Dallas, a biotech and pharmaceutical industry executive with decades of global strategic and commercial experience, will join Aimmune as President and CEO on June 19th, and will also become a member of the Aimmune Board of Directors.

Dallas succeeds Stephen Dilly, M. Dilly will serve as a Special Advisor to Aimmune through the end of as Aimmune prepares for regulatory filings for AR, its investigational biologic oral immunotherapy for desensitization of patients with peanut allergy. He and his family have our very best wishes.

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Prior to his work at Ultragenyx, Dr. Dallas spent five years with Roche, as General Manager of Roche in the United Kingdom and as head of global commercial strategy groups at Genentech, focused on oncology, immunology and ophthalmology.

Earlier, Dr. Dallas headed the specialty medicines operating unit for Novartis in the United States, after holding several leadership roles of increasing responsibility within the company.

Before joining the pharmaceutical industry, Dr. Dallas practiced medicine in South Africa and the United Kingdom and worked as a research physician. Dallas earned an M. It is an honor to have the opportunity to lead Aimmune to potentially offer the first treatment intended to protect people with peanut allergy from life-threatening reactions.

I appreciate the phenomenal work that Stephen has done to build Aimmune into a fully integrated biotechnology company and I am extremely proud to be taking over at this exciting time. In the role of Special Advisor, Dr. It has been a privilege to have been entrusted with building Aimmune and working to alleviate the impact of food allergies. I can confidently hand that charge over to Jayson, knowing that he will take it forward with clear-sighted resolve and care.

For more information, please see www. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements.

All forward-looking statements contained in this press release speak only as of the date on which they were made. Aimmune undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. This press release concerns a product that is under clinical investigation and that has not yet been approved for marketing by the U.This website uses cookies to improve your experience while you navigate through the website.

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Beta measures the volatility of an investment. It is an indication of its relative risk. The alpha figure for a stock is represented as a single number, like 3 or However, the number actually indicates the percentage above or below a benchmark index that the stock or fund price achieved.

An alpha of 1. An alpha of If the alpha is zero, its return matched the benchmark. Note, alpha is a historical number.

It's useful to track a stock's alpha over time to see how it did, but it can't tell you how it will do tomorrow. For individual investors, alpha helps reveal how a stock or fund might perform in relation to its peers or to the market as a whole.

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Professional portfolio managers calculate alpha as the rate of return that exceeds the model's prediction, or comes short of it. They use a capital asset pricing model CAPM to project the potential returns of an investment portfolio.

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That is generally a higher bar. Portfolio managers seek to generate a higher alpha by diversifying their portfolios to balance risk. Because alpha represents the performance of a portfolio relative to a benchmark, it represents the value that a portfolio manager adds or subtracts from a fund's return. The baseline number for alpha is zero, which indicates that the portfolio or fund is tracking perfectly with the benchmark index. In this case, the investment manager has neither added or lost any value.

Often referred to as the beta coefficient, beta is an indication of the volatility of a stock, a fund, or a stock portfolio in comparison with the market as a whole. Knowing how volatile a stock's price is can help an investor decide whether it is worth the risk. The baseline number for beta is one, which indicates that the security's price moves exactly as the market moves. A beta of less than 1 means that the security is less volatile than the market, while a beta greater than 1 indicates that its price is more volatile than the market.

If a stock's beta is 1. Like alpha, beta is a historical number. Here are the betas at the time of writing for three popular stocks:. Micron Technology Inc.

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AAPL :. Acceptable betas vary across companies and sectors. To investors, this signals that tech stocks offer the possibility of higher returns but generally pose more risks, while utility stocks are steady earners. Risk-averse investors such as retirees seeking a steady income are attracted to lower beta.All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. Moore Arts Crafts. Abigail Adams National Bancorp.

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Business YellowPages at Yellowbook.DALLAS — A man suspected of spraying Dallas Police Headquarters with gunfire early on Saturday has been found dead in a van after a police sniper shot him and pipe bombs found in the vehicle were exploded, a police spokesman said. Authorities said it was remarkable that no one else was killed or injured in the attack, which left the headquarters and police vehicles nearby riddled with bullet holes. Dallas Police Spokesman Maj. The police sniper shot the suspect following a standoff of several hours in a restaurant parking lot in the suburb of Hutchins, where he had fled.

Investigators found a package containing pipe bombs in the parking lot of the headquarters building and the suspect told police negotiators that he had explosives in the van, police said.

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Police used a camera-equipped robot to inspect the vehicle. When authorities exploded the pipe bombs, they contained lots of shrapnel including screws and nails, Geron said. Investigators believe the man acted alone, even though early witness reports suggested there could have been as many as four attackers. Bullets pierced the glass of the headquarters entrance and caused damage inside, including at the front desk, where the employee on duty had gone to get a soft drink immediately before the bullets started flying, police said.

Anita Grendahl was asleep in her 7th floor apartment in a high-rise across from police headquarters when she heard gunshots loud enough to wake her up over a white noise machine in her room. Seconds later, police could be seen swarming an unmarked van that appeared to have crashed into a police car, they said. They turned around and were parked outside the police perimeter about two blocks away, where they heard the sound of one detonation at about am and smoke coming up in the air.

Police headquarters is in a former warehouse district where a boutique hotel and several new apartment buildings have been opened. Manage Newsletters. Click to Read More and View Comments. Click to Hide. May Cheryl K.

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