U.S.-based Stillwater Mining Company (NYSE:SWC) aims to develop new palladium and platinum mines, but won’t accelerate plans for this in response to soaring prices for the precious metals, the company’s chief executive says. Stillwater Mining Company (NYSE:SWC) net profit margin is -26.30%and weekly performance is -4.75%. On last trading day company shares ended up $16.25. Analysts mean target price for the company is $18.25. Stillwater Mining Company (NYSE:SWC) distance from 50-day simple moving average (SMA50) is 0.86%.
On June 3, 2014, Chegg Inc (NYSE:CHGG), The Student Hub, announced that it has agreed to acquire InstaEDU, a leading on-demand tutoring marketplace, for $30 million in cash. InstaEDU has quickly scaled into a platform that connects students with on-demand tutors in more than 2,500 subjects, ranging from high school and standardized test prep, all the way through advanced college concepts for as little as $0.40 per minute. The acquisition is subject to customary closing conditions. Chegg believes the acquisition will be accretive to earnings as early as 2015 and expects the acquisition to close by the end of June 2014. Chegg Inc (NYSE:CHGG) shares fell -6.86% in last trading session and ended the day on $6.38. CHGG Gross Margin is 29.00% and its return on assets is -16.80%. Chegg Inc (NYSE:CHGG) quarterly performance is -2.74%.
On June 10, TherapeuticsMD, Inc. (NYSE MKT:TXMD) announced that it will webcast its upcoming Investor Day on June 16, 2014 to be held at the InterContinental Barclay New York in New York City commencing promptly at 11:30 a.m. EDT to approximately 2:30 p.m. TherapeuticsMD Inc (NYSEMKT:TXMD) shares moved down -5.23% in last trading session and was closed at $4.53, while trading in range of $4.48 – $4.82. TherapeuticsMD Inc (NYSEMKT:TXMD) year to date (YTD) performance is -13.05%.
Dynagas LNG Partners LP (NASDAQ:DLNG) announced that it has priced its previously announced underwritten public offering of 4,800,000 common units representing limited partner interests at $22.79 per common unit. The offering is expected to close on June 18, 2014. Dynagas Partners has also granted the underwriters a 30-day option to purchase up to an additional 720,000 common units. Dynagas Partners intends to use the net proceeds from the public offering to fund a portion of the purchase price of its previously announced acquisition of the ownership interests in the company that owns the 2013 built ice class liquefied natural gas carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners’ sponsor (the “Acquisition”). Dynagas Partners intends to fund the balance of the purchase with a new $340 million senior secured revolving credit facility which Dynagas Partners plans to enter following the completion of this offering. Dynagas LNG Partners LP (NASDAQ:DLNG) ended the last trading day at $22.79. Company weekly volatility is calculated as 3.34% and price to cash ratio as 119.95. Dynagas LNG Partners LP (NASDAQ:DLNG) showed a negative weekly performance of -3.80.
On May 20, 2014, China Distance Education Hldgs Ltd (ADR) (NYSE:DL) announced unaudited financial results for the second quarter of fiscal year 2014 ended March 31, 2014. Total course enrollments reached 493,000 in the second quarter of fiscal 2014, an increase of 27.7% from the second quarter of fiscal 2013. Cash receipts from online course registration reached $24.6 million, a 59.9% increase over the second quarter of fiscal 2013. China Distance Education Hldgs Ltd (ADR) (NYSE:DL) ended the last trading day at $17.85. Company weekly volatility is calculated as 4.25% and price to cash ratio as 5.17. China Distance Education Hldgs Ltd (ADR) (NYSE:DL) showed a negative weekly performance of -0.72%.