Shares in Apollo Investment Corporation (NASDAQ:AINV) dropped more than 5% pre-market after the company said it has priced a public offering of 12.0 million shares. Underwriters have the option to buy an additional 1.8 million shares. The company didn’t give the price of the offer. XOMA Corp (NASDAQ:XOMA) is moving nearly 5% higher after the…
Aircastle (NYSE:AYR) reported Q4 earnings and sales that topped analysts expectations and struck a deal worth $900 million to buy eight Boeing 777-300ER aircraft from LATAM Airlines Group and then to lease them back. The buyer, leaser and seller of aircraft back to commercial airlines said adjusted net income rose to $0.68 per share from…
Cracker Barrel Old Country Store (NASDAQ:CBRL) said adjusted fiscal Q2 adjusted earnings rose to $1.56, in line with analysts’ estimates, though revenue missed the consensus after severe winter weather affected store traffic. The company had adjusted earnings per diluted share of $1.43 in the prior year quarter. Total revenue in the three months to end…
Panera Bread (PNRA) shares declined in late trading after the restaurant chain provided a fiscal Q2 EPS forecast below Wall Street consensus. The St. Louis, Missouri-based company projects EPS to be in the range of $1.70 to $1.76 in the current quarter. The average estimate of 24 analysts was for EPS of $1.86, according Capital…
Riverbed Technology, Inc. (NASDAQ:RVBD), which focuses on application performance infrastructure, is steady late Tuesday after its Q1 profit beat expectations by a penny, while revenue meets. The company reported non-GAAP net income of $40 million, or $0.24 per share, up from $39 million, or $0.23 per share, a year earlier and a penny better than…
Open Text Corp. (OTEX) is up 6% late Friday, getting a boost from late-Thursday earnings. But the software company also said it is filing a shelf registration statement on Form S-3 (the Shelf Registration Statement) with the U.S. Securities and Exchange Commission (SEC), which becomes effective automatically. Filing of the Shelf Registration Statement is in…
