03/02
Headlines

Finance

Stocks To Watch: GTT Communications Inc (NYSEMKT: GTT), Lentuo International Inc (ADR) (NYSE:LAS), Qiwi PLC (NASDAQ:QIWI), TeleCommunication Systems (NASDAQ:TSYS)

Jayne Crisman03 mins

GTT Communications Inc (NYSEMKT: GTT) announced May 22. 2014 the pricing of a public offering of 3,000,000 shares of common stock at a purchase price of $7.75 per share. The net proceeds to GTT from this offering are expected to be approximately $21.5 million, after deducting underwriting discounts and other estimated offering expenses payable by…

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NYSE bearish Stocks: Trina Solar (NYSE:TSL), China Ming Yang Wind Power Group (NYSE:MY), ITT Educational Services (NYSE:ESI), Millennial Media (NYSE:MM)

John Bellich03 mins

Trina Solar Limited (ADR) (NYSE:TSL) had its buy rating reiterated by analysts at Jefferies Group. The firm currently has a $23.90 price target on the stock, up from their previous price target of $23.70. The analysts wrote, “Trina Solar reported 1Q14 results with NPAT of US$27m and diluted EPS of US$0.37, above our and consensus…

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NYSE bullish Stocks: Rio Alto Mining Ltd (NYSE:RIOM), JGWPT Holdings Inc (NYSE:JGW), CIBER, Inc. (NYSE:CBR), ReneSola Ltd. (ADR) (NYSE:SOL)

Colin Pettis03 mins

Canada’s Rio Alto Mining Ltd (NYSE:RIOM) said on Wednesday it would buy Sulliden Gold Corp Ltd  for about C$300 million ($275 million) in an all-stock deal to create a Peru-focused gold miner. After the announcement Rio Alto Mining Ltd (NYSE:RIOM)’s stock fell on concerns the price it was paying was steep. The friendly takeover will…

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Stocks To Watch: Ariad Pharmaceuticals (NASDAQ:ARIA), Gilead Sciences (NASDAQ:GILD), Galena Biopharma Inc (NASDAQ:GALE), Arena Pharmaceuticals (NASDAQ:ARNA), MannKind Corporation (NASDAQ:MNKD)

Jason Knox04 mins

Effective May 15, 2014, ARIAD Pharmaceuticals, Inc. (NASDAQ:ARIA) granted an exemption to BlackRock, Inc. (NYSE: BLK), together with its subsidiaries, affiliates and associates (collectively, “BlackRock”) under the Company’s Section 382 Rights Agreement, dated as of October 31, 2013, between the Company and Computershare Trust Company, N.A., as rights agent (the “Rights Agreement”) following the determination…

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