New Residential Investment Corp. (NYSE: NRZ) priced its public offering of 25,000,000 shares of its common stock for gross proceeds of approximately $150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. In connection with the offering, the Company has granted the underwriter an option for 30 days to purchase up to an additional 3,750,000 shares of common stock. The offering is expected to close on April 30, 2014, subject to customary closing conditions. New Residential Investment Corp (NYSE:NRZ) shares after opening at $6.11 moved to $6.22 on last trade day and at the end of the day closed at $6.15. Company price to sales ratio in past twelve months was calculated as 6.71 and price to cash ratio as 9.04. New Residential Investment Corp (NYSE:NRZ) showed a negative weekly performance of -3.30%.
Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) shares fell -1.26% in last trading session and ended the day on $7.85. SMFG return on equity ratio is recorded as 13.90% and its return on assets is 0.60%. Sumitomo Mitsui Financial Grp, Inc.(ADR) (NYSE:SMFG) yearly performance is -16.22%.
LPL Financial Holdings Inc (NASDAQ:LPLA) parent company of LPL Financial LLC (“LPL Financial”), announced net revenue of $1,087.4 million in the first quarter of 2014, up 11.6% compared to net revenue of $974.8 million in the first quarter of 2013. LPL Financial Holdings Inc (NASDAQ:LPLA) shares moved down -0.85% in last trading session and was closed at $46.79, while trading in range of $46.23-$47.49. LPL Financial Holdings Inc (NASDAQ:LPLA) year to date performance is -0.11%.
Investors Bancorp, Inc. (NASDAQ:ISBC), an existing Delaware corporation, and New Investors Bancorp, Inc. (“New Investors Bancorp”), the proposed holding company for Investors Bank, announced the results of the subscription offering that was conducted in connection with its proposed second step conversion stock offering. The Company received over 9,000 orders for approximately $1.27 billion in the subscription offering, excluding the Company’s Employee Stock Ownership Plan. Investors Bancorp, Inc. (NASDAQ:ISBC) weekly performance is 0.38%. On last trading day company shares ended up $26.39. Investors Bancorp, Inc. (NASDAQ:ISBC) distance from 50-day simple moving average is -1.45%. Analysts mean target price for the company is $27.85.