Sterling Construction Company, Inc. (Nasdaq:STRL) announced that it has entered into an underwriting agreement (the “Underwriting Agreement”) with D.A. Davidson & Co. as sole underwriter (the “Underwriter”), pursuant to which the Underwriter has agreed to purchase from the Company 2,100,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), which will be resold to the public at a price of $7.30 per share (the “Offering”). Sterling Construction Company, Inc. (NASDAQ:STRL) shares after opening at $7.68 moved to $8.11 on last trade day and at the end of the day closed at $7.99 . Company price to sales ratio in past twelve months was calculated as 0.24 and price to cash ratio as 70.14. Sterling Construction Company, Inc. (NASDAQ:STRL) showed a positive weekly performance of 17.50%.
TAT Technologies Ltd. (NASDAQ:TATT) a leading provider of services and products to the commercial and military aerospace and ground defense industries, clarifies that the per share dividend amount for the cash dividend declared on March 19, 2014, in the total amount of $2.0 million (approximately NIS6.97 million), is $0.22713758 per share (or approximately $0.23 and NIS0.79 per share as previously reported), for all of the shareholders of TAT Technologies of record on April 23, 2014. Such cash dividend will be paid by TAT Technologies on May 7, 2014. Tax will be withheld with respect to payments made to individuals and non-Israeli residents at a rate of 20%. T.A.T. Technologies Ltd. (NASDAQ:TATT) shares fell -1.36% in last trading session and ended the day on $8.00. TATT return on equity ratio is recorded as 3.30% and its return on assets is 2.60%. T.A.T. Technologies Ltd. (NASDAQ:TATT) yearly performance is 26.78%.
Orion Marine Group, Inc. (NYSE:ORN) a heavy civil marine contractor, reported a net loss for the three months ended March 31, 2014, of $0.2 million ($0.01 diluted loss per share). Orion Marine Group, Inc. (NYSE:ORN) shares moved down -0.85% in last trading session and was closed at $11.63 while trading in range of $11.41 – $11.92 – Orion Marine Group, Inc. (NYSE:ORN) year to date (YTD) performance is -3.33%.
General Cable Corporation (NYSE:BGC), sponsored the first conference on “Aluminum: History, Technology and Conservation” in Washington, D.C., April 7 -11, 2014. The three-day symposium and workshop was presented by the Foundation of the American Institute for Conservation (FAIC), the International Council of Museums Committee for Conservation (ICOM-CC) Metal Working Group the Emil Buehler Conservation Laboratory at the National Air and Space Museum Steve F. Udvar-Hazy Center, and the Lunder Conservation Center at the Smithsonian American Art Museum and National Portrait Gallery. General Cable Corporation (NYSE:BGC) weekly performance is -8.70%. On last trading day company shares ended up $22.97. General Cable Corporation (NYSE:BGC) distance from 50-day simple moving average (SMA50) is -16.48%. Analysts mean target price for the company is $31.00.
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