Tag: L.P.

  • Bearish Stocks: Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA), JD.Com Inc (ADR) (NASDAQ:JD), MannKind Corporation (NASDAQ:MNKD), AmeriGas Partners, L.P. (NYSE:APU), Vitesse Semiconductor (NASDAQ:VTSS)

    On 11 JUNE Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) announced that it intends to offer $175 million aggregate principal amount of convertible senior notes due 2019 in a private placement. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) weekly performance is -4.19%. On last trading day company shares ended up $6.41. Analysts mean target price for the company is $9.47. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) distance from 50-day simple moving average (SMA50) is -8.28%.

    On 6 JUNE JD.Com Inc (ADR) (NASDAQ:JD) said it has partnerships with Tencent. This strategic partnership took place back in March of this year. JD with its businesses, transactions and its $1.8 billion offering is the third-largest U.S IPO this year followed by Santander and Ally Financials. JD.Com Inc (ADR) (NASDAQ:JD) shares fell -6.31% in last trading session and ended the day on $27.17.

    MannKind Corporation (NASDAQ:MNKD) reported ($0.14) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.13) by $0.01. During the same quarter last year, the company posted ($0.15) earnings per share. On average, analysts predict that MannKind will post $-0.39 earnings per share for the current fiscal year. MannKind Corporation (NASDAQ:MNKD) shares moved down -5.49% in last trading session and was closed at $9.78, while trading in range of $9.70 – $10.45. MannKind Corporation (NASDAQ:MNKD) year to date (YTD) performance is 88.11%.

    AmeriGas Partners, L.P. (NYSE:APU) announced that Heritage ETC, L.P. (the “Selling Unitholder”), an affiliate of Energy Transfer Partners, L.P., has priced a public underwritten offering of 8,500,000 AmeriGas common units at a price to the public of $45.80 per unit. The underwriters have an option to purchase up to 1,242,362 additional common units at the public offering price less the underwriting discount. The offering is expected to close on June 17, 2014, subject to customary closing conditions. AmeriGas Partners, L.P. (NYSE:APU) ended the last trading day at $44.90. Company weekly volatility is calculated as 1.02% and price to cash ratio as 108.31. AmeriGas Partners, L.P. (NYSE:APU) showed a negative weekly performance of -6.20%.

    Vitesse Semiconductor (NASDAQ:VTSS) announced a public issue of its shares, which is fully underwritten. The company intends to announce the pricing of the shares on June 12. Vitesse Semiconductor (NASDAQ:VTSS) net profit margin is -22.10% and weekly performance is -9.36%. On last trading day company shares ended up $3.39. Analysts mean target price for the company is $4.58. Vitesse Semiconductor (NASDAQ:VTSS) distance from 50-day simple moving average (SMA50) is -9.10%.