First NBC Bank Holding Company (NASDAQ:NBCB), was downgraded by Sterne Agee from a “buy” rating to a “neutral” rating in a research note issued on Friday. First NBC Bank Holding Company (NASDAQ:NBCB), net profit margin is 33.20% and weekly performance is -5.49%. On last trading day company shares ended up $32.04. Analysts mean target price for the company is $39.50. First NBC Bank Holding Company (NASDAQ:NBCB), distance from 50-day simple moving average (SMA50) is -3.22%.
TOP Ships Inc. (NASDAQ:TOPS), announced the pricing of an underwritten public offering of 10,000,000 shares of its common stock, and warrants to purchase 5,000,000 common shares, at $2.00 per common share and $0.00001 per warrant. The warrants have an exercise price of $2.50 per share, are exercisable immediately, and will expire five years from the date of issuance. Top Ships has granted the underwriters a 45-day option to purchase up to an additional 1,500,000 common shares and/or up to 750,000 additional warrants to cover over-allotments, if any. TOP Ships Inc. (NASDAQ:TOPS), fell 36.21% in last trading session and ended the day on $1.85. TOP Ships Inc. (NASDAQ:TOPS), quarterly performance is -65.68%.
Rally Software Development Corp (NYSE:RALY), was downgraded by equities researchers at Deutsche Bank from a “buy” rating to a “hold” rating in a research report issued on Friday,TheFlyOnTheWall.com reports. Rally Software Development Corp (NYSE:RALY), shares moved down 28.72% in last trading session and was closed at $8.71, while trading in range of $8.40 – 9.68. Rally Software Development Corp (NYSE:RALY), year to date (YTD) performance is -55.22%.
Itau Unibanco Holding SA (ADR) (NYSE:ITUB)’s shares gained 2.91% to $14.23. The company’s strategy to increase loan disbursements on the least-risky segments is necessary to help Brazil’s largest bank by market value weather the impact of a slowing economy, a senior executive said on Apr. 30. The Brazilian economy will expand at a slow pace this and next year, said Alfredo Egydio Setubal, a senior vice president and head of investors relations, at an earnings conference call. Itaú’s ongoing plan to gain control of Chile’s CorpBanca SA goes in the same direction of helping diversify risk and make the bank less dependent on Brazil, Setubal said. Itau Unibanco Holding SA (ADR) (NYSE:ITUB), ended the last trading day at $14.40. Company weekly volatility is calculated as 2.34%. Itau Unibanco Holding SA (ADR) (NYSE:ITUB), showed a positive weekly performance of 10.17%.
Novavax, Inc. (NASDAQ:NVAX), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants, recently declared that it has priced an underwritten public offering of 25 million shares of common stock at a price to the public of $4.00 per share for gross proceeds of approximately $100 million. Novavax, Inc. (NASDAQ:NVAX), weekly performance is -11.57%. On last trading day company shares ended up $4.16. Analysts mean target price for the company is $11.00. Novavax, Inc. (NASDAQ:NVAX), distance from 50-day simple moving average (SMA50) is -3.57%.