Vector Group Ltd. (NYSE:VGR) announced that it has priced $225.0 million aggregate principal amount (or up to an aggregate of $258.8 million aggregate principal amount if the underwriter of such offering exercises its over-allotment option in full) of its Variable Interest Convertible Senior Notes due 2020 (the “Notes”) in a registered public offering (the “Notes Offering”). The Company expects to close the Notes Offering on March 24, 2014, subject to satisfaction of customary closing conditions. Vector Group Ltd (NYSE:VGR) shares after opening at $20.99 moved to $21.22 on last trade day and at the end of the day closed at $20.70. Company price to sales ratio in past twelve months was calculated as 4.65 and price to cash ratio as 1.82. Vector Group Ltd (NYSE:VGR) showed a positive weekly performance of 0.98%.
Among the top performers on the Nasdaq yesterdaywas Vera Bradley, Inc. (NASDAQ:VRA), which is up 7.2% to trade at $28.08 on stronger-than-expected fourth-quarter earnings results. Vera Bradley, Inc.(NASDAQ:VRA) shares advanced 7.43% in last trading session and ended the day on $28.20. VRA return on equity ratio is recorded as 30.20% and its return on assets is 22.20%. Vera Bradley, Inc.(NASDAQ:VRA) yearly performance is 21.97%.
TreeHouse Foods (NYSE:THS) CEO Sam Reed unloaded 20,000 shares of TreeHouse Foods stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of $70.00, for a total transaction of $1,400,000.00. TreeHouse Foods Inc.(NYSE:THS) shares moved up 1.85% in last trading session and was closed at $74.90, while trading in range of $ 72.77 – 76.7. TreeHouse Foods Inc. (NYSE:THS) year to date (YTD) performance is 8.68%.
Lydall, Inc. (NYSE:LDL), announced that it has acquired the industrial filtration businesses of Andrew Industries Limited, an Altham, United Kingdom-based corporation, for $83 million in cash. The transaction strengthens Lydall’s position as an industry-leading, global provider of filtration and engineered materials products and diversifies the Company’s end markets and geographic revenue base. Lydall, Inc. (NYSE:LDL) weekly performance is -3.85%. On last trading day company shares ended up $21.99. Lydall, Inc. (NYSE:LDL) distance from 50-day simple moving average (SMA50) is 15.58%. Analysts mean target price for the company is $17.00.