On June 2, 2014, FreeSeas Inc (NASDAQ:FREE), a transporter of dry-bulk cargoes through the ownership and operation of a fleet of five Handysize and one Handymax vessels, announced that on May 30, 2014, it paid $22.6 million in full settlement of $37.6 million of debt owed to Credit Suisse using funds from the $25 million proceeds of the Company’s sale of the Series D Convertible Preferred Stock and Series C Warrants concluded on May 28, 2014. FreeSeas Inc (NASDAQ:FREE) weekly performance is -22.01%. On last trading day company shares ended up $0.600. FreeSeas Inc (NASDAQ:FREE) distance from 50-day simple moving average (SMA50) is -45.14%.
On June 26, 2014, Crumbs Bake Shop Inc (NASDAQ:CRMB)said the Nasdaq Stock Market denied its request to keep its stock listed on the exchange and plans to suspend trading of the New York-based cupcake retailer’s shares on Tuesday. Crumbs Bake Shop Inc (NASDAQ:CRMB) shares fell -22.35% in last trading session and ended the day on $0.225. CRMB Gross Margin is 54.00% and its return on assets is -66.10%. Crumbs Bake Shop Inc (NASDAQ:CRMB) quarterly performance is -60.51%.
Levi & Korsinsky, LLP is investigating Barclays PLC (ADR) (NYSE:BCS) in connection with possible violations of federal securities laws. Barclays PLC (ADR) (NYSE:BCS) shares moved down -7.38% in last trading session and was closed at $14.55, while trading in range of $14.38 – $14.90. Barclays PLC (ADR) (NYSE:BCS)year to date (YTD) performance is -18.35%.
On June 13, bebe stores, inc.(NASDAQ:BEBE) announced the resignation of its Chief Executive Officer Steve Birkhold with immediate effect. Simultaneously, the company’s board of directors appointed the current CEO of Jackson Hole Group, Jim Wiggett, as its interim CEO, until the search for a permanent CEO is materialized. bebe stores, inc.(NASDAQ:BEBE) ended the last trading day at $3.13. Company weekly volatility is calculated as 3.16% and price to cash ratio as 1.95. bebe stores, inc.(NASDAQ:BEBE) showed a negative weekly performance of -8.21%.
Deutsche Bank AG (USA) (NYSE:DB) announced two appointments within its Corporate Finance group in North America. Stefan James joins as Managing Director and Head of Corporate Banking Coverage (CBC), North America and Tim King will join as Managing Director and Head of CBC for the Consumer sector. CBC is a multi-product coverage team focused on providing long-term corporate banking services. It is part of the Capital Markets and Treasury Solutions division of Corporate Finance. Deutsche Bank AG (USA) (NYSE:DB) shares moved down -2.66% in last trading session and was closed at $35.51, while trading in range of $34.82 – $35.59. Deutsche Bank AG (USA) (NYSE:DB) year to date (YTD) performance is -20.91%.