Market Movers: MDC Partners Inc (NASDAQ:MDCA), Analogic Corporation (NASDAQ:ALOG), InterOil Corporation (USA) (NYSE:IOC), Cal-Maine Foods (NASDAQ:CALM)

Posted by on Mar 31, 2014

MDC Partners Inc. (NASDAQ:MDCA) (TSX: MDZ.A) announced that it has commenced a private offering of an additional $75 million aggregate principal amount of its senior unsecured notes due 2020 (the “Notes”). The Notes will be guaranteed by all of MDC’s existing and future restricted subsidiaries that guarantee, or are co-borrowers under or grant liens to secure, MDC’s senior secured revolving credit facility. MDC Partners Inc (NASDAQ:MDCA) shares after opening at $22.55 moved to $22.66 on last trade day and at the end of the day closed at $22.35. Company price to sales ratio in past twelve months was calculated as 0.96 and price to cash ratio as 10.84. MDC Partners Inc (NASDAQ:MDCA) showed a negative weekly performance of -1.93%.

Analogic Corporation (Nasdaq:ALOG), enabling the world’s medical imaging and aviation security technology, announced today that it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for the SonixGPS® Nerve Block Needle Kit. The nerve block needles are used with Analogic’s SonixGPS ultrasound technology, which is designed for guidance procedures such as nerve blocks for pain management and surgery. Analogic Corporation (NASDAQ:ALOG) shares fell -1.57% in last trading session and ended the day on $77.60. ALOG return on equity ratio is recorded as 6.70% and its return on assets is 5.60%. Analogic Corporation (NASDAQ:ALOG) yearly performance is -1.30%.

Singapore and Port Moresby – InterOil Corporation (NYSE:IOC) has received notification from Oil Search (ASX, POMSoX: OSH ) of a dispute under the Joint Venture Operating Agreement relating to Petroleum Retention License 15 in Papua New Guinea . We will be responding in accordance with the terms of that agreement. InterOil Corporation (USA) (NYSE:IOC) shares moved down -0.49% in last trading session and was closed at $63.41, while trading in range of $62.41-$64.38. InterOil Corporation (USA) (NYSE:IOC) year to date performance is 23.15%.

Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that it has closed the previously announced acquisition of 50 percent of the membership interests of Delta Egg Farm, LLC from Sunbest Foods of Iowa, Inc., a Moark, LLC affiliate. Delta Egg Farm, LLC owns and operates a feed mill and egg production complex with capacity for approximately 1.2 million laying hens, located near Delta, Utah, and an organic egg production complex with capacity for approximately 400,000 laying hens located near Chase, Kansas. With the completion of this transaction, Delta Egg Farm, LLC, is now a wholly owned subsidiary of the Company. Cal-Maine Foods Inc (NASDAQ:CALM) weekly performance is -2.46%. On last trading day company shares ended up $57.51. Cal-Maine Foods Inc (NASDAQ:CALM) distance from 50-day simple moving average is 6.30%. Analysts mean target price for the company is $56.50.

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