As declared earlier, NewLead Holdings Ltd (NASDAQ:NEWL) agreed to acquire it for a total transaction of $37 million, $18.5 million each. As a matter of fact, the market of the vessels, in yesterday’s price, is expected to be almost $20.25 million each. Also, the second vessel is assumed to be delivered to NewLead’s fleet in July 2014 as scheduled. NewLead Holdings Ltd (NASDAQ:NEWL) weekly performance is 193.33%. On last trading day company shares ended up $4.40. Analysts mean target price for the company is $1.00. NewLead Holdings Ltd (NASDAQ:NEWL) distance from 50-day simple moving average (SMA50) is -90.68%.
Regional telecommunications company Frontier Communications (NASDAQ:FTR) started fiscal 2014 on a negative note. Frontier’s first-quarter results weren’t impressive as it missed analysts’ expectations on both revenue and earnings. Frontier Communications Corp (NASDAQ:FTR) shares fell -4.27% in last trading session and ended the day on $5.60. FTR gross Margin is 90.90% and its return on assets is 0.70%.Frontier Communications Corp (NASDAQ:FTR) quarterly performance is 20.95%.
The cancer treatment focused Provectus Pharmaceuticals Inc (NYSEMKT:PVCT) has announced a new addition to its strategic advisory board. The announcement comes on the wake of the elevation of the stock to a senior capital market NYSEMKT. Provectus Pharmaceuticals Inc. (NYSEMKT:PVCT) shares moved down -17.04% in last trading session and was closed at $2.24, while trading in range of $1.55 – $2.76. Provectus Pharmaceuticals Inc. (NYSEMKT:PVCT) year to date (YTD) performance is -7.05%.
Chimerix, Inc. (NASDAQ:CMRX), a biopharmaceutical company developing novel, oral antivirals in areas of high unmet medical need, announced the pricing of an underwritten public offering of 7,300,000 shares of its common stock at a price to the public of $14.22 per share. Chimerix Inc. (NASDAQ:CMRX) ended the last trading day at $16.20. Company weekly volatility is calculated as 9.54% and price to cash ratio as 4.37.Chimerix Inc. (NASDAQ:CMRX) showed a negative weekly performance of -2.70%.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) announced that the company will supply 35 MW of solar PV modules to a renowned clean energy finance and management company Clenera towards the construction of the Avalon Solar Project. JinkoSolar will supply 114,750 pieces of high efficiency 305W PV modules for the project. JinkoSolar Holding Co., Ltd. (NYSE:JKS) net profit margin is 2.70% and weekly performance is -5.94%. On last trading day company shares ended up $24.70. Analysts mean target price for the company is $44.33. JinkoSolar Holding Co., Ltd. (NYSE:JKS) distance from 50-day simple moving average (SMA50) is -13.04%.