Big News Gains: Kulicke and Soffa Industries (NASDAQ:KLIC), Five9 (NASDAQ:FIVN), QLT (NASDAQ:QLTI), Civeo Corporation (NYSE:CVEO), SeaDrill Limited (NYSE:SDRL)

Posted by on Sep 09, 2015

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) shares advanced 0.94% in last trading session and ended the day at $10.69. KLIC Gross Margin is 47.90% and its has a return on assets of 7.40%. Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) quarterly performance is -17.07%.

Kulicke and Soffa Industries, Inc. (K&S), designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits (IC), high and low powered discrete devices, light-emitting diodes (LEDs), and power modules.

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) announced its fourth fiscal quarter revenue is expected to be below the company’s previously reported outlook due to broad-based industry softness. The company now expects fourth quarter revenue to be in the $100 million to $110 million range, compared to the previously expected $135 million to $145 million range. Analysts polled by Thomson Reuters expect the company to report revenues of $140.03 million for the fourth-quarter. Analysts’ estimates typically exclude special items.

Five9, Inc. (NASDAQ:FIVN) caters to the Technology space. It has a net profit margin of -32.30% and weekly performance is -5.85%. On the last day of trading company shares ended up $3.70. Five9, Inc. (NASDAQ:FIVN) distance from 50-day simple moving average (SMA50) is -22.53%.

Five9 is a leading provider of cloud contact center software, bringing the power of the cloud to thousands of customers and facilitating more than three billion customer interactions annually. Since 2001, Five9 has led the cloud revolution in contact centers, helping organizations of every size transition from premise-based solutions to the cloud.

Five9, Inc. (NASDAQ:FIVN) announced that a global manufacturing company has selected Five9 to power its 17 contact centers and hundreds of contact center agents around the world. Reasons Five9 was chosen include: Robust inbound contact center functionality; Security and reliability; Strength of salesforce.com integration; Industry leading intuitive interface; the modern Five9 user interface was created with the business user in mind; Global footprint; the customer, which has contact center agents in more than five countries, leverages multiple Five9 data centers in Europe and the US.

QLT Inc. (NASDAQ:QLTI) ended the last trading day at $3.48. Company weekly volatility is calculated as 3.83% and price to cash ratio as 1.26. QLT Inc. (NASDAQ:QLTI) showed a weekly performance of 1.75%.

QLT is a biotechnology company dedicated to the development and commercialization of innovative ocular products that address the unmet medical needs of patients and clinicians worldwide. We are focused on developing our synthetic retinoid program for the treatment of certain inherited retinal diseases.

On Sept. 4, QLT Inc. (NASDAQ:QLTI) announces that it has been advised by InSite Vision Incorporated (“InSite”) that the board of directors of InSite has determined, in good faith and after consultation with its independent financial and legal advisors, that the second unsolicited offer, as announced in QLT’s press release on September 3, 2015, from the multi-national pharmaceutical company (the “Bidder”) to acquire all of the issued and outstanding shares of InSite (the “New Proposal”) constitutes a “Company Superior Proposal”, as defined in the Amended and Restated Agreement and Plan of Merger, dated June 8, 2015, by and among Insite, QLT and Isotope Acquisition Corp., as amended and restated on July 16, 2015 and August 26, 2015 (the “Amended and Restated Merger Agreement”).

Civeo Corporation (NYSE:CVEO) shares decreased -8.82% in last trading session and ended the day at $1.86. CVEO Gross Margin is 40.80% and its has a return on assets of -13.60%. Civeo Corporation (NYSE:CVEO) quarterly performance is -45.93%.

Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States. It also offers facility management services, including food services; customized facility management information.

Sterne Agee CRT upgraded shares of Civeo Corp (NASDAQ:CVEO) from a neutral rating to a buy rating in a research note released on Wednesday morning, The Fly reports. They currently have $4.00 price objective on the stock.

SeaDrill Limited (NYSE:SDRL) caters to the Basic Materials space. It has a net profit margin of 87.60% and weekly performance is -10.45%. On the last day of trading company shares ended up $7.20. SeaDrill Limited (NYSE:SDRL) distance from 50-day simple moving average (SMA50) is -16.07%.

Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow and deep water areas, as well as benign and harsh environments. The Company has three operating segments: Floaters, Jack-ups rigs and Other. The Company’s Floaters segment includes drillships and semi-submersible rigs. The Company’s Jack-ups rigs segment includes jack-up rigs. The Company’s Other segment consists primarily of rig management services. The Company, through its subsidiaries, owns and operates its offshore drilling units and makes investments in other offshore drilling and oil services companies. Its subsidiaries include North Atlantic Drilling Ltd, Sevan Drilling ASA and Asia Offshore Drilling. It owns and operates approximately 43 offshore drilling units and has 16 offshore drilling units under construction.

On Sept. 4, SeaDrill Limited (NYSE:SDRL) has settled a Total Return Swap agreement (TRS) expiring on September 3, 2014 with 4,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 4,000,000 Seadrill Limited common shares. The expiry date for the new TRS is December 3, 2014 and the reference price is NOK233.3833 per share.

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