J.C. Penney Company, Inc. (NYSE: JCP) obtained new financing valued at $2.35 billion in a new revolving credit line and a $500 million term loan. J.C. Penney Company, Inc. (NYSE:JCP) stock opened today at $9.08 and is currently trading at $8.92. The stock showed a positive weekly performance of 4.53%.
Kandi Technologies Group (NASDAQ:KNDI) filed a $300 million mixed shelf. The filing allows the sale of common stock and preferred stock, warrants, and debt securities. Kandi Technologies Group Inc. (NASDAQ:KNDI) stock opened at $12.67, in current trading session and currently is at $12.71, by losing -3.96%. The 52 week range of $4.12 – $22.40. Company’s market capitalization is 517.69 million.
Rockwell Medical, Inc. (NASDAQ:RMTI), a fully-integrated biopharmaceutical company targeting end-stage renal disease (ESRD) and chronic kidney disease (CKD) with innovative products and services for the treatment of iron replacement, secondary hyperparathyroidism and hemodialysis, announced that the FDA has approved the Company’s Supplemental Abbreviated New Drug Application (sANDA) to manufacture Calcitriol. Calcitriol is Rockwell’s low-cost generic active vitamin D drug. Rockwell Medical Inc. (NASDAQ:RMTI) stock is currently trading at $11.85. The EPS of the stock is -1.12. Company’s market capitalization is 483.01 million.
Wisconsin Energy Corp. (NYSE:WEC) is buying Integrys Energy Group Inc. for about $5.8 billion in cash and stock to form a more diverse Midwest electric and Natural Gas Delivery Company. Wisconsin Energy Corp (NYSE:WEC) stock opened the session at $45.66, and now is at $46.61. The 52 week range of the Wisconsin Energy Corp (NYSE:WEC) stock remained $39.05 – $49.21 and the day range was $45.66 – $46.74.
Integrys Energy Group (NYSE:TEG) announced Monday morning that it agreed to be acquired by Wisconsin Energy Corp. in a transaction valued at $9.1 billion. Integrys Energy Group, Inc. (NYSE:TEG) stock opened today at $68.01 and is currently trading at $69.89. The stock showed a positive weekly performance of 5.63%.