After-Market News: WAIR, GME, CADX, DVA
Wesco Aircraft Holdings Inc. (NYSE:WAIR) has closed on its purchase of Haas Group Inc., a…
After-Market News: WAIR, GME, CADX, DVA
Wesco Aircraft Holdings Inc. (NYSE:WAIR) has closed on its purchase of Haas Group Inc., a privately held supply-chain management firm previously owned by The Jordan Company LP. WAIR funded the $550 million transaction using proceeds from a new, $525 million syndicated term loan added to the company’s existing senior secured credit facilities as well as…
Stocks Making Noise After Hours: Bunge Limited (NYSE:BG), National Interstate Corp.’s (NASDAQ:NATL) , PHI Inc. (NASDAQ:PHII), KKR & Co. L.P. (NYSE:KKR), Strategic Hotels & Resorts, Inc. (NYSE:BEE)
Bunge Limited (NYSE:BG), a global agribusiness and food company, has declared a regular quarterly cash dividend of $0.30 per common share, payable June 2, 2014, to shareholders of record May 16, 2014. The company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable June 1,…
Pharma in Focus: CLIR, CGEN, GALE
ClearSign Combustion Corporation (NASDAQ:CLIR) said it agreed to sell $6.5 million of its common stock to certain institutional investors at $8.00 each, a 9% discount to Thursday’s closing price. The company will sell 812,500 shares and will use the net proceeds for research and development, protection of intellectual property, business development and marketing, and for…
Asian Stocks on the Move: NCTY, STP, ATE, UBIC, STV, CCIH, YOKU, KONE
Asian stocks in New York were mostly higher Friday though the benchmark index was little changed with Japanese issues providing the single biggest drag. The Bank of New York Asian index of American depositary receipts was last flat at 144.49 in mid-morning trade. Suntech Power (STP), a manufacturer of photovoltaic products, was the biggest gainer…
Earnings Event to Watch for on Friday: 3D Systems Corporation (NYSE:DDD), Newcastle Investment Corp (NYSE:NCT)
3D Systems Corporation (NYSE:DDD) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in DDD indicates that the price change in the extended hours is…
Afternoon Stocks Watch: APEI; PRGO; MAIN; CSG; NCT
American Public Education (NASDAQ:APEI) was the target Friday of an investment-rating downgrade by BMO Capital Markets, which cut the stock to market perform from outperform following the online-postsecondary education provider’s late-Thursday release of lower-than-expected Q4 earnings and Q1 EPS guidance that was well below the Street view. BMO also cut its target price on APEI,…
