Tag: Mandalay Digital Group Inc

  • Watch List: Twitter Inc (NYSE:TWTR), Strategic Hotels and Resorts (NYSE:BEE), Mandalay Digital Group (NASDAQ:MNDL), Synta Pharmaceuticals (NASDAQ:SNTA)

    Twitter Inc (NYSE:TWTR) has purchased two real, more-than-a-century-old log cabins to serve as dining areas for its employees inside of its headquarters in the heart of San Francisco. Twitter Inc (NYSE:TWTR) stock opened at $53.89 in last trading session, and closed at $53.71, trading in the range of $52.90 – $54.40. The stock showed a negative weekly performance of -3.71%.
    Stock analysts at Raymond James lifted their price objective on shares of Strategic Hotels & Resorts (NYSE:BEE) from $10.00 to $11.00 in a report issued on Thursday, AnalystRatingsNetwork.com reports. Raymond James’ price objective indicates a potential upside of 10.11% from the company’s current price. Strategic Hotels and Resorts Inc (NYSE:BEE) shares closed at $10.05 on last trade day, by gaining 0.60%. Stock 52 week range is $7.16 – $10.22. Company’s market capitalization is $2.07 billion.

    Mandalay Digital Group Inc (NASDAQ:MNDL) and its subsidiaries (MNDL) (collectively, “Mandalay Digital” or “the Company”), announced its intention, subject to market and other conditions, to commence a public offering of its common stock. Mandalay Digital intends to use the net proceeds from the offering for general corporate purposes, including working capital, operations and potential acquisitions. Mandalay Digital Group Inc (NASDAQ:MNDL) stock decreased -5.35% and finished the last session at $4.60. The EPS of the stock remained -0.87. Company’s market capitalization is $151.31 billion.

    Synta Pharmaceuticals Corp. (NASDAQ: SNTA) announced that Safi R. Bahcall, Ph.D., has resigned as President, Chief Executive Officer and a member of the Board of Directors, effective immediately, and has been replaced by a newly formed Executive Committee of the Board. The Committee will be chaired by Keith R. Gollust, the Company’s Chairman of the Board of Directors, and include current Director Robert N. Wilson, retired Vice Chairman of Johnson & Johnson, and newly appointed Director Paul A. Friedman, M.D., the former Chief Executive Officer of Incyte Corporation. The committee will serve as the principal executive body for the Company until such time as a Chief Executive Officer is named. Synta Pharmaceuticals Corp. (NASDAQ:SNTA) stock opened at $6.05 in last trading session and closed at $6.15. The 52 week range of the stock is $3.70 – $10.74 and the day range was $5.96 – $6.19.