Altisource Residential Corp (NYSE:RESI) announced after the bell on Monday that it intends to offer 10,000,000 shares of its common stock in an underwritten public offering. Altisource Residential has been rising steadily since the open Tuesday and is now up 2.48 at $32.30. Altisource Residential Corp (NYSE:RESI) stock opened at $29.90 in last session, and closed at $32.15, while the day range of RESI stock is $29.90 – $32.62. The stock showed a positive weekly performance of 7.81%.
JAC Products received 284 points on its Imperial Holdings, Inc. (NYSE:IFT) evaluation, which is more than the minimum of 275 needed for a five-year exemption.The exemption is for $12,775 worth of real property and $8,970,741 of personal property for the facility at 275 Industrial Drive. Imperial Holdings, Inc. (NYSE:IFT) opened at $6.20, in last session and closed at $6.52, by gaining 5.67%. The 52 week range of $3.80 – $7.58 Company’s market capitalization is $138.47 billion.
American Spectrum Realty, Inc. (NYSE MKT:AQQ) – a real estate investment, management and leasing company – announced a recent court filing in the Southern District of Texas as negotiations regarding three loans pertaining to four Houston commercial properties broke down with a private equity firm, which acquired the loans from the original lender. American Spectrum Realty, Inc. (NYSEMKT:AQQ) stock advanced 11.19% and finished the last session at $1.49. The EPS of the stock remained -1.93. Company’s market capitalization is $5.55 billion.
National Interstate Corporation (NASDAQ:NATL) has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term. Industry Rank of 11 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there. National Interstate Corporation (NASDAQ:NATL) stock opened the session at $22.55, and closed the session at $23.99. The 52 week range of the NATL stock remained $21.33 – $36.36 and the day range was $22.55 – $24.00.
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