WSP Holdings Limited (NYSE:WH) announced that it has agreed jointly with Wuxi Heavy Industries, Ltd. (“Parent”), WHI Acquisitions, Ltd. (“Merger Sub”) and General Transactions, Inc. to terminate the previously announced merger agreement in view that the going private transaction would not be completed by May 31, 2014, the termination date of the merger agreement. The parties have released each other from all liabilities and obligations with respect to the proposed transaction, and no termination fees will be payable by either party. WSP Holdings Limited (ADR) (NYSE:WH) weekly performance is -35.05%. On last trading day company shares ended up $1.39. Analysts mean target price for the company is $3.00. WSP Holdings Limited (ADR) (NYSE:WH) distance from 50-day simple moving average (SMA50) is -46.46%.
Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of video games for the mass market, and Focus Home Interactive, announced on 12 may that Bound by Flame on PlayStation(R) 4 computer entertainment system, PlayStation(R) 3 computer entertainment system and the Xbox 360 games and entertainment system from Microsoft is on store shelves in North America.Majesco Entertainment Co. (NASDAQ:COOL) shares fell -3.53% in last trading session and ended the day on $0.333. COOL gross Margin is 18.40% and its return on assets is -45.20%.Majesco Entertainment Co. (NASDAQ:COOL) quarterly performance is -37.74%.
Acorn Energy (NASDAQ:ACFN) COO Joseph Musanti bought 3,000 shares of the stock in a transaction dated Friday, May 16th. The stock was purchased at an average cost of $1.60 per share, with a total value of $4,800.00. Following the transaction, the chief operating officer now directly owns 9,200 shares in the company, valued at approximately $14,720. Acorn Energy Inc. (NASDAQ:ACFN) shares moved down -2.68% in last trading session and was closed at $1.45, while trading in range of $1.44 – $1.51. Acorn Energy Inc. (NASDAQ:ACFN) year to date (YTD) performance is -64.37%.
Chanticleer Holdings, Inc. (NASDAQ:HOTR) owner and operator of multiple restaurant brands internationally and domestically, on 15 may announces its financial results for the quarter ended March 31, 2014 (“Q1”). Restaurant gross profit margins for Q1 2014 were 64.2% compared to 61.8% in the comparable period in 2013 and 63.7% in Q4 2013. The Company anticipates continuing quarter-over-quarter margin improvements across its restaurant territories and brands. Chanticleer Holdings Inc. (NASDAQ:HOTR) ended the last trading day at $2.08. Company weekly volatility is calculated as 8.24% and price to cash ratio as 32.76.Chanticleer Holdings Inc. (NASDAQ:HOTR) showed a negative weekly performance of -3.26%.
The First Marblehead Corporation (NYSE:FMD) on 6 may announced its financial and operating results for the third quarter of fiscal 2014 as well as the nine month period ended March 31, 2014. For the third quarter of fiscal 2014, the Company recorded a net loss of $5.1 million, or $0.45 per share, compared to a net loss of $8.8 million, or $0.79 per share, for the third quarter of fiscal 2013, a 42% improvement. The First Marblehead Corporation (NYSE:FMD) net profit margin is -78.40% and weekly performance is -5.33%. On last trading day company shares ended up $4.26. Analysts mean target price for the company is $5.50. The First Marblehead Corporation (NYSE:FMD) distance from 50-day simple moving average (SMA50) is -20.59%.
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