CatchMark Timber Trust, Inc. (NYSE: CTT) announced agreements to acquire a total of 55,671 acres of prime timberlands in two separate transactions totaling $106 million. The properties are located primarily in Middle and South Georgia (approximately 95% of the acreage) as well as North Florida. If completed, these acquisitions are expected to add 2.5 million tons of timber to CatchMark’s merchantable inventory, comprising 72% pine plantations by acreage and 48% sawtimber by tons, and are expected to increase the company’s annual harvest volumes over the next decade by 230,000 to 250,000 tons. Catchmark Timber Trust Inc (NYSE:CTT) net profit margin is -35.50% and weekly performance is -8.41%. On last trading day company shares ended up $12.52. Analysts mean target price for the company is $15.67. Catchmark Timber Trust Inc (NYSE:CTT) distance from 50-day simple moving average is -6.27%.
American DG Energy Inc. (NYSEMKT:ADGE), a leading On-Site Utility offering clean electricity, heat, hot water and cooling solutions to hospitality, healthcare, housing and athletic facilities, announced that it has filed a prospectus supplement with the Securities and Exchange Commission for a proposed public offering of [up to $20 million of] its common stock. The Company intends to use the net proceeds for working capital purposes in connection with the development and installation of current and new energy systems, such as its cogeneration systems and chillers, and for general corporate purposes. American DG Energy Inc (NYSEMKT:ADGE) shares fell -0.67% in last trading session and ended the day on $1.49. ADGE Gross Margin is 15.20% and its return on assets is -15.30%. American DG Energy Inc (NYSEMKT:ADGE) quarterly performance is -29.72%.
Highway Holdings (NASDAQ:HIHO) announced a quarterly dividend on Monday, July 7th. Shareholders of record on Monday, July 28th will be paid a dividend of 0.05 per share on Friday, August 8th. This represents a $0.20 annualized dividend and a dividend yield of 7.17%. Highway Holdings Limited (NASDAQ:HIHO) shares moved down -2.79% in last trading session and was closed at $2.79, while trading in range of $2.71-$2.87. Highway Holdings Limited (NASDAQ:HIHO) year to date performance is -5.74%.
On June 17,2014 The LGL Group, Inc. (LGL) announced the appointment of Michael Ferrantino, Sr., as Executive Chairman and Chief Executive Officer or CEO of The LGL Group, Inc.The LGL Group, Inc. (NYSEMKT:LGL) ended the last trading day at $5.00. Company weekly volatility is calculated as 1.19% and price to cash ratio as 2.12. The LGL Group, Inc. (NYSEMKT:LGL) showed a negative weekly performance of -2.91%.
On Jun 23, 2014 Lime Energy Co. (NASDAQ:LIME), the nation’s leading provider of energy efficiency for small businesses announced that the company has partnered with National Resource Management, Inc. (NRM), the leader in energy-efficient refrigeration solutions. Lime Energy and NRM have completed development work that enables NRM’s suite of refrigeration solutions to be deployed seamlessly through Lime Energy’s web-based technology platform. The result is that these solutions can be provided to hundreds of thousands of small businesses within the small business energy efficiency programs that Lime implements on behalf of their utility clients. Lime Energy Co. (NASDAQ:LIME) net profit margin is -40.50% and weekly performance is -4.67%. On last trading day company shares ended up $2.45. Lime Energy Co. (NASDAQ:LIME) distance from 50-day simple moving average is -8.58%.