Liberty Media Corp (LMCA.O), controlled by chairman John Malone, said it was no longer making an offer to buy all of Sirius XM Holdings Inc. (NASDAQ:SIRI) shares and announced plans to split its media holding company into two tracking stocks later this year. Sirius XM Holdings Inc. (NASDAQ:SIRI) stock opened today at $3.36 and is currently trading at $3.45. The stock showed a negative weekly performance of -5.34%.
Mar 5th, 2014-Peregrine Semiconductor Corp (NASDAQ:PSMI) has received an average recommendation of “Hold” from the eleven ratings firms that are presently covering the company, Analyst Ratings Net reports. Two equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $8.81. Peregrine Semiconductor Corp (NASDAQ:PSMI) stock opened at $ 6.65, in current trading session and currently is at $6.60, by losing -1.49%. The 52 week range of $4.75 – $12.09. Company’s market capitalization is $218.17 million.
March 13, 2014 — InterMune, Inc. (Nasdaq: ITMN) announced that it has agreed to sell 7,500,000 shares of its common stock at a price to the public of $32.75 per share in an underwritten public offering. InterMune has granted the underwriters a 30-day option to purchase up to an additional 1,125,000 shares of common stock in connection with the offering. InterMune estimates net proceeds from the offering to be approximately $233.0 million (assuming no exercise of the underwriters’ option to purchase additional shares of common stock), after deducting underwriting discounts and estimated offering expenses. InterMune Inc (NASDAQ:ITMN) stock opened the session at $32.46, and now is at $32.46. The 52 week range of the ITMN stock remained $8.61 – $38.73 and the day range was $31.75 – $32.53.
TICC Capital Corp. (NASDAQ:TICC):Prices public offering of 6,000,000 shares of its common stock at public offering price of $10.14 per share for total gross proceeds of about $60.8 mln.Granted underwriters an option to purchase up to an additional 900,000 shares of common stock.Closing of expected to take place on March 19.Barclays Capital Inc., Deutsche Bank Securities Inc. and UBS Securities LLC are acting as the joint book-running managers for the offering.Expects to use net proceeds from the offering for general corporate purposes, which may include investments in corporate debt and equity securities and investments in structured finance vehicles. TICC Capital Corp. (NASDAQ:TICC) stock opened at $9.99 and currently trading at $9.98. The EPS of the stock is 1.18. Company’s market capitalization is $534.01 million.
The Facebook Inc (NASDAQ:FB) chief said he was “confused and frustrated” with the U.S. government’s behavior in the wake of yet another revelation about a secret data-collection program run by the National Security Agency. Zuckerberg’s statement posted on his Facebook page follows revelations by The Intercept, based on documents provided by whistle-blower Edward Snowden, that the National Security Agency used Facebook as a launching pad for its data-gathering operation. Facebook Inc (NASDAQ:FB) stock opened the session at $68.49, and now is at $68.45. The 52 week range of the FB stock remained $22.67 – $72.59 and the day range was $68.34 – $69.43.
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