ClearSign Combustion Corporation (NASDAQ:CLIR) said it agreed to sell $6.5 million of its common stock to certain institutional investors at $8.00 each, a 9% discount to Thursday’s closing price. The company will sell 812,500 shares and will use the net proceeds for research and development, protection of intellectual property, business development and marketing, and for…
Asian stocks in New York were mostly higher Friday though the benchmark index was little changed with Japanese issues providing the single biggest drag. The Bank of New York Asian index of American depositary receipts was last flat at 144.49 in mid-morning trade. Suntech Power (STP), a manufacturer of photovoltaic products, was the biggest gainer…
Energy shares were flat in pre-market trade Friday while crude oil futures were trading lower. Light, sweet crude oil for April delivery was down 0.11% at $102.29 per barrel. In other energy futures, heating oil was down 0.13% at $3.00 per gallon while natural gas was up 0.20% at $4.52 per million British thermal units. …
BroadSoft, Inc. (NASDAQ:BSFT) is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement. Historical earnings event related premarket and after-hours trading activity in BSFT indicates that the price change in the extended hours is…
Markwest Energy Partners LP (NYSE:MWE) has been downgraded by analysts at Wells Fargo to a Market Perform rating form Outperform. The firm lowered its price target range on the stock to $66-$70 from $70-$74. In the pre-market session, shares of MWE are down 1.12% to $66.50, and move within a 52-week range of $54.60 –…
Records management services provider Iron Mountain Incorporated (NYSE:IRM) reports Q4 2013 adjusted EPS of $0.15 on revenues of $769 million. Analysts had expected adjusted EPS of $0.22 and revenues of $775 million, according to Capital IQ. Year-ago adjusted EPS was $0.20 on revenues of $758 million. For 2014, the company reiterated its adjusted EPS and…
