Ceres, Inc. (Nasdaq: CERE) announced the pricing of an underwritten public offering of 20,000,000 shares of common stock at a public offering price of $1.00 per share. Ceres also granted the underwriters a 45-day option to purchase up to 3,000,000 additional shares of common stock to cover over-allotments, if any. Ceres expects to receive approximately $20 million in gross proceeds, before deducting underwriting discounts and commissions and offering expenses payable by the company. Ceres intends to use the net proceeds from this offering for general corporate purposes, including working capital. Ceres Inc (NASDAQ:CERE) stock opened at $1.04 in last session, and closed at $1.02, while the day range of CERE stock is $1.01-$1.06.The stock showed a positive weekly performance of -30.14%.
Yongye International, Inc (NASDAQ:YONG). a leading developer, manufacturer, and distributor of crop nutrient products in the People’s Republic of China, announced that, at the special meeting of stockholders of the Company held on March 5, 2014, the proposal to approve the previously announced agreement and plan of merger (the “Merger Agreement”), dated as of September 23, 2013, among the Company. Yongye International, Inc (NASDAQ:YONG) stock opened at $5.95, in last session and closed at $5.85, by loosed -10.69%.The 52 week range was $4.83-$6.68.Company’s market capitalization is $296.51 million.
Midstates Petroleum Company, Inc. (NYSE: MPO) announced Tuesday that the Company has rescheduled its fourth quarter 2013 earnings release from Tuesday, March 4 to Tuesday, March 11, after the close of trading on the NYSE. The Company will host a conference call to discuss fourth quarter results the following morning, Wednesday, March 12 at 10:00 a.m. Eastern time (9:00 a.m. Central time). Midstates is delaying the call due to positive developments around improved financial flexibility. Midstates Petroleum Company Inc (NYSE:MPO) stock gained 14.29% and finished the last session at $5.20.The EPS of the stock remained -0.70.Company’s market capitalization is $355.72 million.
Warren Resources (NASDAQ:WRES) will be announcing its Q413 earnings results on Thursday, March 6th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $33.69 million for the quarter. Warren Resources, Inc. (NASDAQ:WRES) stock opened the session at $4.95, and closed the session at $4.86. The 52 week range of the WRES stock remained $2.46-$4.99 and the day range was $4.51-$4.98.