Market Wrap Up: First NBC Bank Holding Company (NASDAQ:NBCB), Prospect Capital Corporation (NASDAQ:PSEC), Masonite International (NYSE:DOOR), India Globalization Capital (NYSEMKT:IGC), MeetMe (NASDAQ:MEET)

Technology Stocks News 5

First NBC Bank Holding Co (NASDAQ:NBCB) on Tuesday agreed to acquire State Investors Bancorp Inc (SIBC) in a deal that further expands its presence in its primary market of New Orleans metropolitan area. First NBC Bank Holding Company (NASDAQ:NBCB) belongs to Financial sector. Its net profit margin is 35.70% and weekly performance is -0.23%. On last trading day company shares ended up $34.92. First NBC Bank Holding Company (NASDAQ:NBCB) distance from 50-day simple moving average (SMA50) is -1.57%.

On Dec 23, Prospect Capital Corporation (NASDAQ:PSEC) announced that Prospect recently provided a $25 million loan to Security Alarm Financing Enterprises, L.P. (“SAFE”), a portfolio company of ICV Partners (“ICV”), to support continued organic and acquisition-driven growth. Prospect Capital Corporation (NASDAQ:PSEC) shares fell -0.96% in last trading session and ended the day at $8.24. PSEC Gross Margin is 54.30% and its return on assets is 5.20%. Prospect Capital Corporation (NASDAQ:PSEC) quarterly performance is -13.72%.

Masonite International Corp (NYSE:DOOR) major shareholder Oaktree Capital Group Holdings sold 209,971 shares of Masonite International Corp stock on the open market in a transaction dated Thursday, December 11th. The stock was sold at an average price of $58.33, for a total value of $12,247,608.43. On 30 December, Masonite International Corporation (NYSE:DOOR) shares remains unchanged and was closed at $61.83. Masonite International Corporation (NYSE:DOOR) year to date (YTD) performance is 3.05%.

India Globalization Capital (NYSE:IGC) was the target of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 29,308 shares, a drop of 68.5% from the November 28th total of 93,136 shares, StockRatingsNetwork.com reports. India Globalization Capital, Inc. (NYSEMKT:IGC) ended the last trading day at $0.73. Company weekly volatility is calculated as 7.75% and price to cash ratio as 7.76. India Globalization Capital, Inc. (NYSEMKT:IGC) showed a weekly performance of 0.00%.

MeetMe, Inc. (NASDAQ:MEET), announced an expansion of its ad management relationship with Beanstock Media, the world’s first premium Publisher Trading Desk, to begin delivering its mobile advertising inventory to Beanstock at guaranteed CPMs. Under the agreement MeetMe will begin placing ad calls with Beanstock Media on March 1, 2015 and will do so for the remainder of the year. MeetMe, Inc. (NASDAQ:MEET) shares fell -1.94% in last trading session and ended the day at $1.52. MEET return on assets is -5.00%. MeetMe, Inc. (NASDAQ:MEET) quarterly performance is -22.84%.

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