Quantcast

Latest Corporate finance Stories

2014-09-24 12:20:42

DETROIT, Sept. 24, 2014 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that it has commenced cash tender offers (the "Tender Offers") to purchase up to $700.0 million aggregate principal amount (subject to increase by Ally, the "Aggregate Maximum Tender Amount") of its 8.000% Senior Notes due 2031 (CUSIP No. 370425RZ5) (the "8.000% Senior Notes"), 8.000% Senior Guaranteed Notes due 2020 (CUSIP Nos. 02005NAE0; 36186RAA8; U36195AA0) (the "8.000% Senior Guaranteed...

2014-09-24 08:28:51

ABBOTT PARK, Ill., Sept. 24, 2014 /PRNewswire/ -- Abbott today announced the expiration of the tender offer for the purchase from U.S. holders of the ordinary shares of CFR Pharmaceuticals S.A., a Chilean corporation, and for the purchase from all holders, wherever resident, of CFR's outstanding American Depositary Shares. The offer was not conditioned on the receipt of any minimum number of ordinary shares or American Depositary Shares being tendered. The offer expired at 5 p.m.,...

2014-09-24 08:28:12

MINNEAPOLIS, Sept. 24, 2014 /PRNewswire/ - IMRIS Inc. (NASDAQ: IMRS; TSX: IM) ("IMRIS" or the "Company") today announced it has entered into a Waiver and Amendment Agreement with Deerfield Management Company, L.P. ("Deerfield") with respect to the Facility Agreement dated as of September 16, 2013. Deerfield has agreed to waive the enforcement of the requirement under the Facility Agreement that the Company have cash and cash equivalents at the end of any calendar quarter greater...

2014-09-24 08:23:30

PITTSBURGH, Sept. 24, 2014 /PRNewswire/ -- Atlas Resource Partners, L.P. (NYSE: ARP) today announced that it has commenced a public offering of Class D Cumulative Redeemable Perpetual Preferred Units ("Class D Preferred Units") pursuant to an effective shelf registration statement on Form S-3, filed with the Securities and Exchange Commission (the "SEC"). ARP will grant the underwriters a 30-day option to purchase additional Class D Preferred Units. ARP intends to use the net...

2014-09-24 00:21:17

ALISO VIEJO, Calif., Sept. 23, 2014 /PRNewswire/ --Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) today announced the pricing of a public offering of 18,200,000 shares of its common stock in an underwritten public offering at a price to the public of $11.00 per share, before underwriting discounts. J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers for the offering. Piper Jaffray and JMP Securities are acting as co-managers for the...

2014-09-23 16:27:41

Proceeds to drive manufacturing, sales and marketing programs for LabStyle's Dario(TM) in Europe and elsewhere, as well as ongoing FDA efforts CAESAREA, Israel, Sept. 23, 2014 /PRNewswire/ -- LabStyle Innovations Corp. (OTCQB: DRIO), developer of the Dario(TM) Diabetes Management Solution, today announced that it has closed a $4.2 million private placement offering consisting of shares of preferred stock and warrants. No placement agent was used for this financing. After estimated offering...

2014-09-23 16:21:27

WOOD DALE, Ill., Sept. 23, 2014 /PRNewswire/ -- AAR (NYSE: AIR) today reported first quarter fiscal year 2015 consolidated sales of $469.2 million and net income of $14.4 million, or $0.36 per diluted share. For the first quarter of the prior fiscal year, the Company reported sales of $514.5 million and net income of $17.9 million, or $0.45 per diluted share. "Although performance in the first quarter was in line with our expectations, sales in both segments were down for the quarter," said...

2014-09-23 08:24:29

VANCOUVER, Sept. 23, 2014 /PRNewswire/ - Cardero Resource Corp. ("Cardero" or the "Company") (TSX: CDU, OTCBB: CDYCF, Frankfurt: CR5) announces that it has completed the acquisition of 13 applications for coal licenses contiguous to the Carbon Creek Project. The Company has also negotiated a USD 1.0M increase in its existing USD 5.0M line of credit ("Credit Line") from entities ("Lenders") controlled by Mr. Robert C. Kopple of Los Angles, California as well as a one-year extension on...

2014-09-23 04:23:01

DUBAI, UAE, September 23, 2014 /PRNewswire/ -- Delta Partners Corporate Finance acted as sole strategic and financial advisor on transactions worth more than $1 billion (~EUR801 million) during the course of 2014 helping telecom operators on the execution of their digital strategy. These transactions resulted in collaborations between the telecom operators and Rocket Internet, one of the largest internet groups outside the USA and China. Rocket Internet has launched more than...

2014-09-22 16:29:27

ALISO VIEJO, Calif., Sept. 22, 2014 /PRNewswire/ -- Avanir Pharmaceuticals, Inc. (NASDAQ: AVNR) today announced that it is offering to sell $200 million of its common stock in an underwritten public offering. J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch are acting as joint book-running managers for the offering. Avanir intends to grant the underwriters a 30-day option to purchase additional shares of its common stock. All of the shares to be sold in the offering are...


Word of the Day
abrosia
  • Wasting away as a result of abstinence from food.
The word 'abrosia' comes from a Greek roots meaning 'not' and 'eating'.