Birch Communications, Inc., a leading provider of business focused communications, cloud and managed services based in Atlanta and Cbeyond, Inc. (NASDAQ:CBEY) jointly announced today that they have entered into a definitive agreement under which Birch will acquire Cbeyond in an all-cash transaction valued at approximately $323 million. Cbeyond, Inc. (NASDAQ:CBEY) stock opened today at $9.84 and is currently trading at $9.83. The stock showed a positive weekly performance of 0.71%.
TheStreet Ratings team rates Micron Technology, Inc. (NASDAQ:MU) as a Buy with a ratings score of B. Micron Technology, Inc. (NASDAQ:MU) stock opened at $24.97, in current trading session and currently is at $24.74, by gaining 3.45%.The 52 week range of $9.07-$25.68. Company’s market capitalization is $26.48 billion.
China’s Weibo Corp (ADR) (NASDAQ:WB), a Twitter-like messaging service company, raised a less-than-expected $286 million after it cut the size of its U.S. initial public offering amid a selloff in technology shares and concerns about slowing user growth. Weibo Corp (ADR) (NASDAQ:WB) stock is currently trading at $21.60.The EPS of the stock is -0.19. Company’s market capitalization is $4.32 billion.
The FuelCell Energy Inc (NASDAQ:FCEL) has recently accomplished the acquisition of Versa Power Systems; Inc. It has also collaborated with Fraunhofer IKTS. FuelCell Energy has a strategic relationship with POSCO Energy, a South Korean company, Abengoa, a Spanish firm, Air Products, an American company and Enbridge, a Canadian company. FuelCell Energy Inc (NASDAQ:FCEL) stock opened the session at $2.51, and now is at $2.56. The 52 week range of the FCEL stock remained $0.87-$4.74 and the day range was $2.48-$2.59.
Leave a Reply