Homex Development Corp. (ADR) (NYSE:HXM) announced that it is in discussions with an affiliate of Zell Credit Opportunities Fund (ZCOF) to provide secured financing. The financing will be comprised of (i) a project development tranche of up to Ps.1.8 billion to fund construction of over 8,000 new homes and (ii) a working capital tranche of up to Ps.300 million for general corporate purpoDesarrolladora Homex S.A.B. de C.V. (NYSE: HXM). Homex Development Corp. (ADR) (NYSE:HXM) shares after opening at $1.44 moved to $1.48 on last trade day and at the end of the day closed at $0.968. Company price to sales ratio in past twelve months was calculated as 0.05 and price to cash ratio as 4.22. Homex Development Corp. (ADR) (NYSE:HXM) showed a negative weekly performance of -32.17%.
China Ceramics Co., Ltd. (NASDAQ:CCCL) a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, announced two semi-annual cash dividends of $0.0125 per share. The cash dividends will be payable on July 14, 2014 and January 14, 2015, with record dates of June 13, 2014 and December 12, 2014, respectively. China Ceramics Co Ltd (NASDAQ:CCCL) shares fell -1.46% in last trading session and ended the day on $1.35. CCCL return on equity ratio is recorded as 1.50% and its return on assets is 1.20%. China Ceramics Co Ltd (NASDAQ:CCCL) yearly performance is -31.12%.
Acorn Energy, Inc. (NASDAQ:ACFN) announced that it has made key promotions at both GridSense and OmniMetrix. Brett Sargent, currently COO, has been promoted and will assume the additional role of President of GridSense. Walter Czarnecki has been named President and COO of OmniMetrix. The work initiated by Joe Musanti, CEO of both companies, to exploit synergistic opportunities for efficiency and cost savings will continue under the new leadership team. Acorn Energy Inc. (NASDAQ:ACFN) shares moved up 4.98% in last trading session and was closed at $2.32, while trading in range of $2.15 – $2.41. Acorn Energy Inc. (NASDAQ:ACFN) year to date (YTD) performance is -43.00%.
A.M. Castle & Co. (NYSE:CAS) issued its quarterly earnings data on Tuesday. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.19) by $0.48, Analyst Ratings Network.com reports. The company had revenue of $253.40 million for the quarter, compared to the consensus estimate of $252.75 million. During the same quarter in the prior year, the company posted ($0.35) earnings per share. The company’s quarterly revenue was down 13.4% on a year-over-year basis. A M Castle and Co (NYSE:CAS) weekly performance is -10.89%. On last trading day company shares ended up $12.28. A M Castle and Co (NYSE:CAS) distance from 50-day simple moving average (SMA50) is -14.78%. Analysts mean target price for the company is $16.33.