Latest Stock market Stories
LAKE FOREST, Calif., May 16, 2013 /PRNewswire/ -- Quantum Fuel Systems Technologies Worldwide, Inc. (NASDAQ: QTWW) (the "Company"), a global leader in natural gas storage systems, integration and vehicle system technologies, today announced that it has agreed to sell common stock and warrants for gross proceeds of $3,000,000 in a registered direct offering (the "Offering") with Crede CG III, Ltd., a wholly-owned subsidiary of Crede Capital Group, LLC ("Crede"). Under the Offering,...
NEW YORK, May 16, 2013 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced that Target Energy Ltd. (OTCQX: TEXQY; ASX: TEX), a U.S.-focused oil and gas exploration and production company, has chosen to have its American Depositary Receipts (ADRs) traded on OTCQX®,( )the best OTC marketplace with qualified companies. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO ) Target Energy...
ANN ARBOR, Michigan, May 16, 2013 /PRNewswire/ -- Arotech Corporation (Nasdaq GM: ARTX) announced today that the Board of Directors has approved a succession plan of which, as of October 1, 2014, Robert S. Ehrlich will be stepping down as CEO and Steven Esses President will become CEO of Arotech. Mr. Ehrlich will continue to serve on the Board of Directors as Chairman. These changes are reflected in new management contracts signed this week and filed with the SEC. The...
-- Unaudited revenue in the first quarter ended March 31, 2013, was approximately $182.4 million. SHENZHEN, China, May 15, 2013 /PRNewswire/ -- Cogo Group, Inc. ("Cogo" or the "Company") (Nasdaq: COGO), a leading gateway for global semiconductor companies to access the industrial and technology sectors in China, today announced its preliminary unaudited financial results for the quarter ended March 31, 2013. Revenue in the first quarter was approximately $182.4 million, compared...
GREENSBORO, N.C., May 15, 2013 /PRNewswire/ -- Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, today announced that it has priced an underwritten public offering of an aggregate principal amount of $500 million 3.75% senior notes due 2023 through its main operating subsidiary, Lorillard Tobacco Company, and guaranteed by Lorillard, Inc. Lorillard, Inc. expects to close the sale of the notes on May 20, 2013, subject to customary closing...
CINCINNATI, May 15, 2013 /PRNewswire/ -- CECO Environmental Corp. (NasdaqGM: CECE), a leading global provider of air pollution control technology and systems, announced today that at a board meeting following its annual meeting held on May 15(th), CECO's founder Phillip DeZwirek announced that effective today he is retiring as Chairman and a Director of the Company after his outstanding leadership since 1991. "I am truly honored to have been a part of building one of the global...
TORONTO, May 15, 2013 /PRNewswire/ - Cerro Grande Mining Corporation (the "Company" or "CEG") (TSX: CEG) (OTCQX: CEGMF) is pleased to announce that the board of directors of the Corporation has adopted a shareholder protection rights plan and an Enhanced Quorum By-Law 1B Amendment effective May 9, 2013. The objective of the rights plan and Enhanced Quorum By-Law 1B Amendment is to ensure, to the extent possible, that all shareholders of the Corporation are treated equally and...
WARRINGTON, Pa., May 15, 2013 /PRNewswire/ -- Discovery Laboratories, Inc. (NASDAQ: DSCO) today announced that it has completed its previously announced public offering to sell an aggregate of 9.5 million shares of its common stock under Discovery Labs' previously filed registration statement that was declared effective by the Securities and Exchange Commission on June 21, 2011. The offering remains subject to the underwriter's 30-day option to purchase up to an additional 1.425...
FRISCO, Texas, May 15, 2013 /PRNewswire/ -- Comstock Resources, Inc. ("Comstock" or the "Company") (NYSE: CRK) announced today that its Board of Directors declared its first dividend payable to its stockholders and has approved an open market share repurchase plan following the divestiture of the Company's West Texas oil and gas properties. As announced yesterday, Comstock completed the divestiture of it West Texas oil and gas properties which generated $808 million in net...
Declared 147th Consecutive Quarterly Dividend DALLAS, May 15, 2013 /PRNewswire/ -- Southwest Airlines (NYSE: LUV) (the "Company") returns value to Shareholders. Southwest Airlines' Board of Directors, at its meeting held today, significantly increased the Company's quarterly dividend to $.04 per share from $.01 per share. Annualized, this amounts to over $100 million. The increase in the quarterly dividend will begin with the 147(th) consecutive quarterly dividend declared...
