Latest Stock market Stories
HOUSTON, May 9, 2013 /PRNewswire/ -- Plains Exploration & Production Company (NYSE: PXP) announced its continued support for the strategic merger of PXP with Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) on the previously announced terms. The financial and operational strength of the combined businesses will allow for accelerated value creation across the entire asset portfolio. PXP's Management and Board of Directors have been informed both by FCX and by the Special...
TANKERSLEY BARNSLEY, England, May 9, 2013 /PRNewswire/ -- MAM Software Group, Inc. (NASDAQ: MAMS) (the "Company" or "MAM Software Group"), a leading provider of business automation and ecommerce solutions for the automotive aftermarket, announced today that it has received confirmation that its application to list the Company's common stock on the NASDAQ Capital Market has been approved by the NASDAQ Stock Market, a unit of the NASDAQ OMX Group. The Company's common stock is expected...
DENVER, May 9, 2013 /PRNewswire/ -- Resolute Energy Corporation ("Resolute" or the "Company") (NYSE: REN) announced today the pricing of a previously announced registered underwritten public offering of 13,250,000 shares of common stock offered by the Company and 3,000,000 shares of common stock offered by certain selling stockholders. All of the shares will be sold at a price per share to the public of $8.00. The selling stockholders have granted to the underwriters a 30-day option...
CARLSBAD, Calif., May 8, 2013 /PRNewswire/ -- Isis Pharmaceuticals, Inc. (NASDAQ: ISIS) announced today the pricing of an underwritten public offering of 9,000,000 shares of its common stock, offered at a price to the public of $19.00 per share. The gross proceeds to Isis from this offering are expected to be $171.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Isis. The offering is expected to close on or about May 14, 2013,...
SCOTTSDALE, Ariz., May 8, 2013 /PRNewswire/ -- A High Frequency Stock Market Search Engine has been developed by a U.S. financial technology firm that may offer small traders a better chance to succeed when competing against algo trading funds and large investors. Modulus Financial Engineering, Inc, a technology provider to financial institutions, professional traders and organizations worldwide plans to release the product on a white label basis through a network of retail...
IRVING, Texas, May 8, 2013 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) announced today that it has agreed to sell $330.0 million aggregate principal amount of 4.875% Senior Notes due 2023 in an underwritten public offering, which is being made under its effective shelf registration statement on file with the U.S. Securities and Exchange Commission. The aggregate principal amount of notes to be issued in the offering has been increased from $300 million to $330 million. The...
WAYZATA, Minn., May 8, 2013 /PRNewswire/ -- Northern Oil and Gas, Inc. (NYSE MKT: NOG) ("Northern") today announced that it priced its underwritten public offering of $200 million aggregate principal amount of its 8.000% senior notes due 2020 at a price equal to 105.25% of par, to yield 6.754%. Northern plans to use the net proceeds of approximately $204.6 million, after deducting underwriting discounts and offering expenses, to repay borrowings outstanding under its revolving credit...
LIVONIA, Mich., May 8, 2013 /PRNewswire/ -- Valassis (NYSE: VCI), a leader in intelligent media delivery, announced today that our Board of Directors approved an increase to our stock repurchase program authorization by 6.0 million shares of our common stock. As of March 31, 2013, we had approximately 1.6 million shares available for repurchase under the prior authorization. During the first quarter of 2013, we repurchased $21.2 million, or 725,512 shares, of our common stock at an...
His latest book and #1 Best-Seller, 'Taking Your Company Public, A Corporate Strategies Manual', will help any company develop a solid structure, achieve rapid growth and raise the capital they need to flourish. NEW YORK, May 8, 2013 /PRNewswire/ -- While millions of entrepreneurs dream of taking their companies public, the actual process from forming an IPO to beginning operations is a daunting turn-off for most. However, a new book by best-selling author and CEO of Princeton Corporate...
BRISTOL, Va., May 8, 2013 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha"), a leading U.S. coal supplier, today announced the pricing of its underwritten public offering of $300 million aggregate principal amount of 3.75% convertible senior notes due 2017. In addition, in connection with this offering, Alpha has granted the underwriters an over-allotment option to purchase up to an aggregate principal amount of $45 million of additional notes on the same terms and...
