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Posts Tagged ‘Story Stocks’

Concordia up 18% after raising $520M in offering

September 30th, 2015 No comments

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Shares of Concordia Healthcare peaked 18% Wednesday after it released some-more shares to assistance account a new merger and compensate behind a little debt.

The Canadian curative company, formed in Oakville, Ontario, lifted $520 million Wednesday by arising 8 million usual shares, or $65 per share.

Earlier this month, Concordia concluded to take London-based Amdipharm Mercury for $3.5 billion, a understanding which is approaching to tighten by the finish of the year. Concordia additionally skeleton to account the merger by loans and debt securities.

Shares rose $6.49 to finish the day at $42.56.

The equity charity was underwritten by Goldman Sachs, RBC Capital Markets, Credit Suisse Securities, Jefferies and others. The association charity the underwriters an choice to buy up to an one more 1.2 million shares at the charity cost at a after date.

Concordia additionally pronounced it has perceived a little underwriters’ joining for one more financing to assistance compensate for the Amdipharm merger and refinance superb loans.

Futures down ahead of the jobs report

September 4th, 2015 No comments

Friday’s recover of the August jobs inform gathering pre-market indexes down.

Here’s where bonds stood forward of unchanging trading:

  • Dow: -1.0%
  • S&P 500: -0.9%
  • NASDAQ: -1.0%

The jobs inform could fool around a purpose in either the Federal Reserve raises seductiveness rates after this month. Analysts contend the recover has led to a little counsel from investors.

In Asia, Japan’s Nikkei 225 fell 2.2%, whilst Hong Kong’s Hang Seng was down 0.5%. The Shanghai Composite is sealed Friday.

Europe’s bonds were down following European Central Bank President Mario Draghi’s proclamation which it would give the eurozone a bigger impulse if acceleration rates did not increase. Britain’s FTSE 100 was -1.3%, France’s CAC 40 was at -1.5% and Germany’s DAX was at 1.6%.

In this Monday, Aug. 8, 2011, record photo, a walking walks past the New York Stock Exchange. (Jin Lee, AP)

In this Monday, Aug. 8, 2011, record photo, a walking walks past the New York Stock Exchange. (Jin Lee, AP)

U.S. futures lower; Chinese stocks drop

July 31st, 2015 No comments
Traders George Baskinger, left, and Anthony Carannante, work on the building of the New York Stock Exchange, Wednesday, Jul 29, 2015. (Richard Drew, AP)

Traders George Baskinger, left, and Anthony Carannante, work on the building of the New York Stock Exchange, Wednesday, Jul 29, 2015. (Richard Drew, AP)

A day after the U.S. manage to buy showed expansion during the second quarter, U.S. batch futures were trade somewhat reduce forward of the opening bell.

Here’s where the vital marketplace indexes stood forward of unchanging trading:

Dow: -0.2%

Nasdaq: -0.2%

S&P 500: -0.2%

In Asia, markets gained: Japan’s Nikkei was up 0.3%, whilst Hong Kong’s Hang Seng index gained 0.6%.  China’s Shanghai Composite fell 1.1%.

Stocks were churned in Europe Friday. Britain’s FTSE 100 was down 0.1%, France’s CAC 40 was up 0.4% and Germany’s DAX  gained 0.1%.

Movie theater stocks down in wake of Lafayette rampage

July 24th, 2015 No comments
Law coercion crew mount in the parking lot of The Grand Theatre early Friday, Jul 24, 2015, in Lafayette, La., as they examine a sharpened from the night before. (Paul Kieu'The Daily Advertiser around AP)  NO SALES; MANDATORY CREDIT ORG XMIT: LALAF112

Law coercion crew mount in the parking lot of The Grand Theatre early Friday, Jul 24, 2015, in Lafayette, La., as they examine a sharpened from the night before. (Paul Kieu’The Daily Advertiser around AP) NO SALES; MANDATORY CREDIT ORG XMIT: LALAF112

Stock prices for publicly traded drama companies were down Friday, the day after a lethal uproar in a Lafayette, La., movie drama left 3 passed and 9 injured.

Cinemark Holdings (CNK) was trade down 0.5% to $39.28, in early afternoon trading.

Shares of Regal Entertainment (RGC) dropped 1.1% to $19.13,  while Carmike Cinemas (CKEC) plunged 4.1% to $26.50.

Imax shares were trade at $36.25 , a 2.7% drop.

A gunman began sharpened at the Grand Theatre in Lafayette Thursday evening, murdering dual patrons, and wounding multiform others, prior to murdering himself.

POLICE: Gunman in La. drama killings a ‘drifter’

HEROS: ‘A story of heroism’ from survivors inside La. theater

Futures up after earnings disappointment

July 24th, 2015 No comments
Futures were up Friday after bonds had depressed for 3 true days. (Seth Wenig, AP)

Futures were up Friday after bonds had depressed for 3 true days. (Seth Wenig, AP)

U.S. futures were up forward of Friday’s opening bell, following a day when gain reports from high-profile companies such as McDonald’s and Caterpillar helped drive down bonds on Thursday.

Here’s where the vital marketplace indexes stand:

Dow: +0.01%

Nasdaq: +0.2%

S&P 500: +0.1%

In Asia, earning outlooks in the U.S. resulted in a little markets falling: Japan’s Nikkei 225 was down 0.7%, whilst Hong Kong’s Hang Seng was down 1%. China’s Shanghai Composite Index rose 0.6%.

In Europe, Britain’s FTSE 100 stood at -0.01%, Germany’s DAX was -0.1% and France’s CAC 40 was +0.1%.

Amazon (AMZN) is the batch to watch Friday after it blew past Wall Street’s expectations for the second-quarter profits.

Futures down after Thursday’s tumble

June 5th, 2015 No comments
U.S. bonds have been following European markets reduce after Greece pronounced it would not have the scheduled debt amends Friday. Greeceís debt talks.  (Mark Lennihan, AP) ORG XMIT: NYBZ105

U.S. bonds have been following European markets reduce after Greece pronounced it would not have the scheduled debt amends Friday. Greeceís debt talks. (Mark Lennihan, AP) ORG XMIT: NYBZ105

A day after Greece pronounced it wouldn’t have a scheduled loan remuneration and the U.S. mercantile opinion was lowered by IMF, batch futures were somewhat down Friday morning.

Here’s where they stood forward of the opening bell:

Dow: -0.1%

Nasdaq: -0.1%

S&P: -0.1%

Wall Street will be examination Friday’s recover of the May jobs report, yet job gains predictions have been mixed.

Greece’s proclamation done European markets tumble, with Britain’s FTSE down 0.4%, Germany’s DAX down 0.6% and France’s CAC 40 down 0.6%.

The Greek debt incident additionally influenced bonds in Asia. Japan’s Nikkei 225 fell -0.1%, and Hong Kong’s Hang Seng Indez tumbled -0.9%. Meanwhile, Shangai’s SSE Composite was up 1.5%.

U.S. futures up for Monday

June 1st, 2015 No comments
Trader Ronald Franco functions on the building of the New York Stock Exchange, Tuesday, May 26, 2015. (Richard Drew, AP)

Trader Ronald Franco functions on the building of the New York Stock Exchange, Tuesday, May 26, 2015. (Richard Drew, AP)

U.S. marketplace futures were up forward of Monday’s opening bell, after bonds were down following the Commerce Department’s Friday proclamation that the economy shrank 0.7% during the initial entertain of 2015.

Here’s where the indexes stood early Monday:

– Dow: +0.4%
– Nasdaq: +0.3%
– S&P: +0.3%

In Asia, Chinese bureau interpretation increased China’s Shanghai Composite Index, that was up 4% after descending final week. It additionally increased Hong Kong’s Hang Seng, that stood at +0.9%. Japan’s Nikkei 225 had a slight disproportion of +0.03%.

In Europe, where negotiations go on over Greece’s bailout terms, indexes were additionally up: Britain’s FTSE 100 was +0.7%, France’s CAC 40 was +0.3% and Germany’s DAX was +0.8%.

Futures down after Chinese selloff

May 29th, 2015 No comments
A batch financier looks on in front of an electronic shade at a brokerage residence in Beijing, China, on May 28, 2015. China's shares plummeted which day, with the benchmark Shanghai Composite Index dropping 6.5 percent.  Wu Hong, epa

A batch financier looks on in front of an electronic shade at a brokerage residence in Beijing, China, on May 28, 2015. China’s shares plummeted which day, with the benchmark Shanghai Composite Index dropping 6.5 percent. Wu Hong, epa

U.S. marketplace futures were down following the Thursday thrust of China’s vital batch index.

Here’s where the indexes stood forward of the opening bell:

Dow: -0.2%

Nasdaq: -0.3%

S&P: -0.3%

A day after the Shanghai Composite Index fell 6.5%, the index swung in between gains and waste Friday, in the future disappearing 0.8%. In alternative tools of Asia, both Japan’s Nikkei and Hong Kong’s Hang Seng were up 0.1%.

In Europe, Britain’s FTSE was somewhat up 0.1%, whilst France’s CAC 40 stood at -0.2% and Germany’s DAX fell 0.4%.

Contributing: Associated Press

U.S. futures up as projections point to Conservative victory in U.K.

May 8th, 2015 No comments
Traders accumulate at a post on the building of the New York Stock Exchange Thursday, May 7, 2015. (Richard Drew, AP)

Traders accumulate at a post on the building of the New York Stock Exchange Thursday, May 7, 2015. (Richard Drew, AP)

Market futures were up forward of last formula in the British ubiquitous election.

Here’s where the marketplace indexes stood prior to the opening bell:

– Dow at +0.2%.
– Nasdaq at +0.2%
– S&P at +0.1%

The upticks came as the bruise soared, interjection to predictions which British Prime Minister David Cameron’s Conservative Party had forged out a slight infancy in Thursday’s ubiquitous election. Against the dollar, the bruise was up 0.3%. It was additionally up 0.7% opposite the euro.

Britain’s FTSE 100 Index was up 1.7% the sunrise after the election. Other European bonds were additionally up: both France’s CAC 40 and Germany’s DAX stood at +0.6%.

In Asia, Japan’s Nikei 225 index was up 0.5%, whilst Hong Kong’s Hang Seng index stood at +1.2%. The Shanghai Composite rose 2.3%.

Contributing: The Associated Press

Soggy Noodles on Wall Street’s menu again

May 6th, 2015 No comments

download (1)Noodles have been giving investors an additional box of indigestion.

Shares of Noodles Restaurants NDLS wilted 19.3% to $16. 70 Wednesday after the fast-casual grill sequence cold Wall Street with the ultimate lousy quarter.

Colorado-based Noodles pronounced income climbed 18% to $105.8 million for the initial quarter, but which was mostly due to brand new store openings. Same-store sales rose only 0.8% for association restaurants and 1.4% for franchises.  Net income, meanwhile, fell to $900,000 from $1.4 million.

CEO Kevin Reddy conceded the company’s sales challenges, generally density in Colorado, civil Washington, D.C., and Austin.

“We have been assured which we assimilate the opportunities in these markets and have been aggressively operative on returning them to the success which we have been observant the change of the country,” Reddy said.

Still, for the full mercantile year, Noodles expects only low singular number same-store sales and prosaic earnings.

Noodles has right away wilted investors’ hopes in 3 of the past 4 quarters. Shares sank 24% Feb. nineteen after the company’s unsatisfactory fourth-quarter gain report. And they fell 20% on Aug. 13, 2014, baked by lower-than-expected second entertain results.

Barclay’s batch researcher Jeffrey Bernstein stays unimpressed, observant investors should “justifiably subject Noodles’ ability” to lapse long-term gain growth. His cost target: $16 a share.

Shares appearance at about  $49.75 inside of months after the company’s Jul 2013 IPO.

 Follow Strauss on Twitter @gstrauss_