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 a project development tranche of up to Ps.1.8B to fund construction of over 8,000 new homes and a working capital tranche of up to Ps.300M for general corporate purposes. 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%.
Vertex Energy, Inc. (NASDAQ:VTNR), an environmental services company that recycles industrial waste streams and off-specification commercial chemical products, announced that it will release its financial results for first quarter ended March 31, 2014 on Tuesday, May 13, 2014, and management will host a conference call on the same day at 10:00 a.m. EDT. Vertex Energy Inc. (NASDAQ:VTNR) shares fell -9.77% in last trading session and ended the day on $8.13. VTNR return on equity ratio is recorded as 33.30% and its return on assets is 16.50%. Vertex Energy Inc. (NASDAQ:VTNR) yearly performance is 171.91%.
Watts Water Technologies (NYSE:WTS) Inc., a Massachusetts-based water products manufacturer, fell the most in more than 2 1/2 years after reporting first-quarter sales that missed analysts’ estimates. Watts Water Technologies Inc. (NYSE:WTS) shares moved down -6.47% in last trading session and was closed at $53.20, while trading in range of $51.98 – $55.28. Watts Water Technologies Inc. (NYSE:WTS) year to date (YTD) performance is -13.83%.
Taser International Inc. (NASDAQ:TASR) will open its international headquarters in Amsterdam Thursday as part of its long-term strategy to continue growing its stun gun and security technology business across the globe. The Scottsdale-based company’s international revenue in 2013 was $22.2 million, accounting for 16 percent of its total sales. The company reported Wednesday record international revenue of $10.6 million for the first quarter. TASER International, Inc. (NASDAQ:TASR) weekly performance is -11.56%. On last trading day company shares ended up $16.15. TASER International, Inc. (NASDAQ:TASR) distance from 50-day simple moving average (SMA50) is -11.93%. Analysts mean target price for the company is $20.50.