Microchip Technology Incorporated, a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, announced, in connection with its pending acquisition of Atmel Corporation (NASDAQ:ATML), that the U.S. Federal Trade Commission cleared the transaction under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, on March 11, 2016, and the German Federal Cartel Office cleared the transaction on February 25, 2016. The Korea Fair Trade Commission (“KFTC”) continues to review the transaction, and Microchip anticipates receiving approval from the KFTC. Other than the foregoing approvals, there is no further antitrust clearance required for completion of the transaction. The transaction is currently undergoing review from the French Ministry regarding certain French ISS and defense business matters. Completion of the merger remains subject to certain closing conditions, including approval by Atmel stockholders. The special meeting of Atmel stockholder to consider approval of the merger is scheduled for Friday, April 1, 2016.
Atmel Corporation (NASDAQ:ATML) caters to the Technology space. It has a net profit margin of 2.30% and weekly performance is -0.25%. On the last day of trading company shares ended up at $8.10. Atmel Corporation (NASDAQ:ATML) distance from 50-day simple moving average (SMA50) is 8.07%.
Ennis Inc. (NYSE:EBF) announced that one of its wholly owned subsidiaries has closed on an agreement to acquire the assets of Major Business Systems in Hillsborough, North Carolina.The Ennis subsidiary, operating under the Major Business Systems brand and name, will lease the current facility from the current owner for several years with options to renew.
Ennis Inc. (NYSE:EBF) shares advanced 1.22% in last trading session and ended the day at $20.66. EBF Gross Margin is 26.50% and its has a return on assets of 9.20%. Ennis Inc. (NYSE:EBF) quarterly performance is 8.72%.
Blue Earth Inc. (NASDAQ:BBLU) announced that it has reached an agreement with Jackson Investment Group, a senior lender and a principal shareholder of the Company which declared a default on March 1, 2016 now equal to ~$21,747,056 principal amount of indebtedness, interest (including default interest), expenses and fees (including late fees) to provide necessary financing in order to restructure the Company’s operations.
On 22 March, Blue Earth Inc. (NASDAQ:BBLU) shares decreased -54.72% and was closed at $0.05. BBLU Blue Earth Inc. (NASDAQ:BBLU) year to date (YTD) performance is -90.40%.
First Data Corporation (NYSE:FDC) announced that it intends to seek to enter into one or more refinancing transactions to extend the maturity of a portion of its outstanding USD denominated term loans due March 2018.
First Data Corporation (NYSE:FDC) ended the last trading day at $12.16. Company weekly volatility is calculated as 3.85% and price to cash ratio as 25.49. First Data Corporation (NYSE:FDC) showed a weekly performance of -3.26%.
Houston American Energy Corp. (NYSEMKT:HUSA) announced receipt of notification from the NYSE MKT LLC that the Company is not in compliance with certain NYSE MKT continued listing standards relating to stockholders’ equity.
Houston American Energy Corp. (NYSEMKT:HUSA) shares decreased -9.09% in last trading session and ended the day at $0.20. HUSA Gross Margin is 60.00% and its has a return on assets of -37.30%. Houston American Energy Corp. (NYSEMKT:HUSA) quarterly performance is 11.11%.
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