Why Ampio Pharmaceuticals (NYSEMKT:AMPE) Shares are Dropping This Morning
Shares of Ampio Pharmaceuticals (NYSEMKT:AMPE) fell in Friday’s pre-market session, after the biopharmaceutical company priced a public offering of 8.5 million shares at $7 per share, a 12% discount to the stock’s Thursday closing price. The shares were off 6.2% at $7.45 in recent pre-market trading. They have a 52-week range of $3.75 to $10.86. Net proceeds of the offering are expected to be approximately … Continue reading Why Ampio Pharmaceuticals (NYSEMKT:AMPE) Shares are Dropping This Morning
Morning Analysis: DRQ; NRG; BSFT
Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Morning Analysis: DRQ; NRG; BSFT
Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX
Exterran Partners (NASDAQ:EXLP) said it has agreed to buy natural gas compression assets from Chesapeake Energy’s (NYSE:CHK) subsidiary Perrigo Company (NYSE:PRGO) said it has acquired a number of over-the-counter products sold in Australia and New Zealand from Aspen Global for $51 million in cash. The maker and distributor of among others OTC and generic prescription pharmaceuticals said the products include Herron analgesics, vitamins and supplements … Continue reading Morning Movers: EXLP, ACMP, PMC, RVBD, LXRX
Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN
Financial shares were mixed in the pre-market session Friday as a few financial institutions reported earnings. In financial stocks news, Main Street Capital (NYSE:MAIN) reported net income for Q4 of $57 per share, up from 26% a year prior. And, Chambers Street Properties (CSG) reported Q4 FFO of $0.17 per share, edging past the Street view of $0.16 per share. Revenue of $65.23 million was … Continue reading Friday Earnings Roundup: MAIN; NCT; AMPE; FOE; MDVN
Pre-Market Watchlist: DRQ, CGEN, OVTI, BVN, AMAP
Dril-Quip, Inc. (NYSE:DRQ), which makes engineered offshore drilling and production equipment, said net income rose to $47.1 million, or $1.15 per diluted share, from $31.0 million, or $0.76 per diluted share, beating analysts’ estimates by one cent, according to Capital IQ. The company said the Q4 results for 2013 results were hit by an after-tax foreign exchange loss of $2.3 million, or $0.06 per diluted … Continue reading Pre-Market Watchlist: DRQ, CGEN, OVTI, BVN, AMAP
Deckers Shares Tumble in Pre-Market Trading
Shares of footwear maker Deckers Outdoor Corp. (NASDAQ:DECK) have tumbled 15.79% to $71.30 in the pre-market session after the company reported projected earnings that fell below analyst expectations. DECK forecast a loss of $0.16 per share for the first quarter of 2014, while analysts were expecting a profit of $0.11 per share, according to analysts polled by Capital IQ. The company said that opening 28 … Continue reading Deckers Shares Tumble in Pre-Market Trading