LINN Energy, LLC (NASDAQ:LINE) and its wholly owned subsidiary, Linn Energy Finance Corp., announced an offer to exchange any and all of their $1,800,000,000 outstanding principal amount of 6.250% Senior Notes due 2019 for an equal amount of new 6.250% Senior Notes due 2019. Linn Energy LLC (NASDAQ:LINE) net profit margin is -29.10% and weekly performance is 2.82%. On last trading day company shares ended up $29.20. Analysts mean target price for the company is $33.79. Linn Energy LLC (NASDAQ:LINE) distance from 50-day simple moving average (SMA50) is 3.16%.
On May 15, 2014 Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, announced that it represented PBF Logistics LP (NYSE:PBFX) in its initial public offering of 15,812,500 common units representing limited partner interests, resulting in net proceeds of approximately $341.0 million. PBF Logistics LP is a fee-based, growth-oriented master limited partnership formed by PBF Energy Inc. (PBF) to own or lease, operate, develop and acquire crude oil and refined petroleum products, terminals, pipelines, storage facilities and similar logistics assets.PBF Logistics LP (NYSE:PBFX) shares advanced 2.24% in last trading session and ended the day on $27.35. Its return on assets is -40.70%.
The Ensign Group, Inc. (NASDAQ:ENSG) announced the successful completion of its spin-off of CareTrust REIT, Inc. In the spin-off, Ensign stockholders received one share of CareTrust common stock for each share of Ensign common stock held at the close of business on May 22, 2014. The spin-off is effective from and after June 1, 2014, with CareTrust shares distributed on June 2, 2014. Shares of CareTrust common stock will commence trading on the NASDAQ Global Select Market on a “regular-way” market (NASDAQ: CTRE). The Ensign Group, Inc. (NASDAQ:ENSG) shares moved up 1.34% in last trading session and was closed at $47.53, while trading in range of $46.41 – $47.78. The Ensign Group, Inc. (NASDAQ:ENSG) year to date (YTD) performance is 7.53 %.
NeoStem, Inc. (NASDAQ:NBS) a leader in the emerging cellular therapy industry, announced that it has filed with the U.S. Securities and Exchange Commission a prospectus supplement to its shelf registration statement enabling it to access its new equity facility with Aspire Capital Fund, LLC which replaced the prior agreement under which the Company received the full $20 million in equity funding. Under the new agreement, NeoStem has the right to sell up to $30 million in shares of common stock to Aspire Capital subject to certain terms and conditions over a two-year period. NeoStem Inc (NASDAQ:NBS) ended the last trading day at $6.74. Company weekly volatility is calculated as 5.68% and price to cash ratio as 5.54. NeoStem Inc (NASDAQ:NBS) showed a positive weekly performance of 8.19%.
Bonanza Creek Energy Inc (NYSE:BCEI) was upgraded by analysts at Raymond James from a “market perform” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,TheFlyOnTheWall.com reports. The firm currently has a $70.00 price objective on the stock. Raymond James’ price objective indicates a potential upside of 30.55% from the company’s current price.
Bonanza Creek Energy Inc (NYSE:BCEI) net profit margin is 18.70% and weekly performance is 0.83%. On last trading day company shares ended up $53.46. Analysts mean target price for the company is $61.95. Bonanza Creek Energy Inc (NYSE:BCEI) distance from 50-day simple moving average (SMA50) is 13.66%.