Orbital Sciences Corp (NYSE:ORB) will sacrifice more than $13 million in long-term performance incentives thanks to an electronic failure of a commercial communication satellite that launched last month, the company noted in its first quarter earnings report Thursday. Orbital Sciences Corp (NYSE:ORB) shares after opening at $25.83 moved to $27.57 on last trade day and at the end of the day closed at $27.26. Company price to sales ratio in past twelve months was calculated as 1.21 and price to cash ratio as 6.21. Orbital Sciences Corp (NYSE:ORB) showed a positive weekly performance of 6.36%.
Universal Forest Products (NASDAQ:UFPI)’s share price fell 4.6% on Thursday following a dissappointing earnings announcement, AnalystRatings.NET reports. The company traded as low as $48.63 and last traded at $51.71, with a volume of 335,750 shares trading hands. The stock had previously closed at $54.20.Universal Forest Products, Inc. (NASDAQ:UFPI) shares fell -2.21% in last trading session and ended the day on $53.00. UFPI return on equity ratio is recorded as 7.70% and its return on assets is 5.00%. Universal Forest Products, Inc. (NASDAQ:UFPI) yearly performance is 44.53%.
ZBB Energy Corporation (NYSEMKT:ZBB) announced that it has completed the underwritten PO that has been announced previously, of its common stock at the price to the public of $2.25/share. Due to exercise in full of the option to the underwriters to buy the additional shares of the common stock, ZBB Energy Corporation (NYSEMKT:ZBB) has sold the total of 6,325,000 shares of the common stock in this offering for the aggregate gross-proceeds of around $14.2 million.ZBB Energy Corporation (NYSEMKT:ZBB) shares moved down -3.33% in last trading session and was closed at $1.45, while trading in range of $1.45-$1.60. ZBB Energy Corporation (NYSEMKT:ZBB) year to date performance is 62.92%.
Desarrolladora Homex, S.A.B. de C.V. (NYSE: HXM) announced that it is in discussions with an affiliate of Zell Credit Opportunities Fund (ZCOF) to provide secured financing. The financing will be comprised of (i) a project development tranche of up to Ps.1.8 billion to fund construction of over 8,000 new homes and (ii) a working capital tranche of up to Ps.300 million for general corporate purpoDesarrolladora Homex S.A.B. de C.V. (NYSE:HXM) Homex Development Corp. (ADR) (NYSE:HXM) weekly performance is -0.63%. On last trading day company shares ended up $1.57. Homex Development Corp. (ADR) (NYSE:HXM) distance from 50-day simple moving average is -3.12%. Analysts mean target price for the company is $16.90.
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