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NASDAQ Market News

Windstream Holdings to call for outstanding notes redemption?

26 Apr 2015 @ 22:12
Let us look at the detais…. Windstream Holdings, Inc. (Nasdaq:WIN) announced today that its wholly owned-subsidiaries, Windstream Services, LLC (Windstream) and PAETEC Holding, LLC (PAETEC), are calling for redemption certain of their outstanding notes on May 27, 2015. Windstream is calling all of the approximately $400 million outstanding aggregate principal amount of its 8.125% Senior...

First Savings reports quarterly results

26 Apr 2015 @ 22:09
First Savings Financial Group, Inc. (Nasdaq:FSFG) , the holding company for First Savings Bank, today reported net income and net income available to common shareholders of $1.5 million, or $0.66 per diluted share, for the quarter ended March 31, 2015 compared to net income and net income available to common shareholders of $1.5 million, or $0.66 per diluted share, for the quarter ended March...

NASDAQ Bubbles to Record High on Dot.Com

25 Apr 2015 @ 17:36
Fifteen years ago, in 2000, the sages warned that the dot.com bubble was going to burst. They were right. It did. I don’t remember them saying that it would come bubbling back in 2015. But it did – yesterday. Some may want to call it by a different name, but when the NASDAQ (NASDAQI:COMPX) rose to a record high of 5,092.09, it was dot.com companies that put the air in the bubble...

Kaiser Aluminum announces preliminary Q1 2015 financial Info

23 Apr 2015 @ 23:41
Kaiser Aluminum Terminates Defined Benefit Accounting With Respect to the Union VEBA and Removes the Related Net Assets From Its Balance Sheet Kaiser Aluminum Corporation (Nasdaq:KALU) today announced that, as a result of the definitive expiration of its obligation to make annual variable contributions to the union voluntary employees’ beneficiary association (the “Union...

BP agrees sale of Central Area Transmission System (CATS)

23 Apr 2015 @ 23:36
Sale to Antin Infrastructure Partners BP today announced it has agreed to sell its equity in the Central Area Transmission System (CATS) business in the UK North Sea to Antin Infrastructure Partners for £324 million ($486 million). BP is currently the operator of CATS. The agreement comprises a payment on completion of £302 million ($453 million) and a deferred amount of £22 million ($33...

Hancock reports Q1 2015 results

23 Apr 2015 @ 23:28
Operating Results Stable; Impacted by Seasonality and Energy Cycle Hancock Holding Company (Nasdaq:HBHC) today announced its financial results for the first quarter of 2015. Operating income for the first quarter of 2015 was $44.7 million, or $.55 per diluted common share, compared to $46.4 million, or $.56, in the fourth quarter of 2014. Operating income was $49.1 million, or $.58, in the...

Changes at the top for Hudson Global

19 Apr 2015 @ 11:31
Appointment Effective Upon Expiration of Manuel “Manolo” Marquez’s Contract Hudson Global, Inc. (Nasdaq:HSON), a leading global talent solutions company, has announced that Stephen Nolan has been appointed chief executive officer. Mr. Nolan, who currently serves as executive vice president and chief financial officer, will succeed Manuel “Manolo” Marquez upon the...

Gulf Resources lasy out 8-K details

19 Apr 2015 @ 11:23
Gulf Resources, Inc. (Nasdaq:GURE) a leading manufacturer of bromine, crude salt and specialty chemical products in China, has announced that it has filed its Pro Forma 8-K for the acquisition of Shouguang City Rongyuan Chemical Co., Ltd. (SCRC). Gulf Resources signed the Equity Interest Transfer Agreement with SCRC on Jan. 12, 2015. The transaction was closed on Feb. 4, 2015. Gulf is required...

Investors Bet on Etsy IPO

17 Apr 2015 @ 13:47
The Collaborative Economy made headlines again on 16 April as online marketplace, Etsy (NASDAQ:ETSY), shares became available in its IPO on the Nasdaq. Etsy shares opened at 31.00 following an offering price set at 16.00. Etsy closed the day at 30.00, up 87.5% on a volume of nearly 20 million shares, giving the “artisanal eBay” a value in excess of $3.3 billion. The name...

SAGE to offer Common Stock

13 Apr 2015 @ 22:54
What are the details? SAGE Therapeutics (Nasdaq:SAGE) today announced that it has commenced an underwritten public offering of $100 million of shares of its common stock. All of the shares in the offering are to be sold by SAGE. SAGE intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of shares of common stock at the public offering price, less the...
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