Mercer International Inc. (NASDAQ:MERC) announced the closing of its previously announced underwritten public offering of 8,050,000 shares of its common stock at a price to the public of 7.15 per share, which includes the full exercise by the underwriters of their over-allotment option to acquire 1,050,000 additional shares. Mercer International Inc. (NASDAQ:MERC) shares after opening at $7.55 moved to $7.88 on last trade day and at the end of the day closed at $7.67. Company price to sales ratio in past twelve months was calculated as 0.39 and price to cash ratio as 2.90. Mercer International Inc. (NASDAQ:MERC) showed a positive weekly performance of 1.72%.
National Presto Industries Inc. (NYSE:NPK) will trade ex-dividend, for its annual dividend of $1.00, payable on 3/14/14. As a percentage of NPK’s recent stock price of $81.18, this dividend works out to approximately 1.23%, so look for shares of National Presto Industries, Inc. to trade 1.23% lower. National Presto Industries Inc. (NYSE:NPK) shares advanced 2.25% in last trading session and ended the day on $76.00. NPK return on equity ratio is recorded as 11.80% and its return on assets is 9.80%. National Presto Industries Inc. (NYSE:NPK) yearly performance is 4.12%.
LSB Industries, Inc. (NYSE:LXU) announced that it will nominate Daniel D. Greenwell and William F. Murdy for election to LSB’s Board of Directors at the Company’s upcoming 2014 Annual Meeting of Stockholders. In addition, Richard S. Sanders, Jr. will be appointed to the Board, effective as of the date of the 2014 Annual Meeting, to fill a vacancy in the class of directors whose term expires at the 2015 Annual Meeting of Stockholders. Incumbent directors Donald W. Munson and Ronald V. Perry have informed the Company that they will not stand for reelection at the 2014 Annual Meeting and John A. Shelley, a director in the class whose term expires at the 2015 Annual Meeting, has informed the Company that he will retire from the Board, effective as of the date of the 2014 Annual Meeting. LSB Industries, Inc. (NYSE:LXU) shares moved up 2.37% in last trading session and was closed at $38.89, while trading in range of $38.34-$40.50. LSB Industries, Inc. (NYSE:LXU) year to date performance is -5.19%.
Shares of Mercury Systems Inc (NASDAQ:MRCY) rose on a Reuters report that Boeing Co. is considering buying the Chelmsford supplier of digital signal and image processing systems. Mercury, which has a market value of roughly $440 million, offers big data processing systems, software, and services to companies including Boeing and Raytheon Co. A deal would allow Boeing access to Mercury’s microprocessor business, which can be used on unmanned aerial vehicles, the report said. Mercury Systems Inc (NASDAQ:MRCY) weekly performance is 8.83%. On last trading day company shares ended up $13.80. Mercury Systems Inc (NASDAQ:MRCY) distance from 50-day simple moving average is 19.84%. Analysts mean target price for the company is $12.50.
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