Vantage Drilling Company (NYSEMKT:VTG) had its overweight rating reaffirmed by analysts at Johnson Rice. Vantage Drilling Company (NYSEMKT:VTG) net profit margin is 8.10% and weekly performance is 3.59%. On last trading day company shares ended up $1.73. Analysts mean target price for the company is $2.21. Vantage Drilling Company (NYSEMKT:VTG) distance from 50-day simple moving average (SMA50) is 2.25%.
On June 5, 2014, Laclede Group Inc (NYSE:LG) announced that it has priced a public offering of 9 million shares of its common stock at $46.25 per share. In addition, the Company has priced a public offering of 2.5 million equity units or $125 million in equity units. Each equity unit will be issued in a stated amount of $50 and will consist of a contract to purchase the Company’s common stock in the future and a 1/20, or 5 percent, undivided beneficial ownership interest in a 2014 Series A 2.00% remarketable junior subordinated note due 2022 having a principal amount of $1,000. The Company has granted the underwriters a 30-day option to purchase up to 1.35 million additional shares of the Company’s common stock and a 13-day option to purchase up to 375,000 additional equity units. The offerings (which are not conditioned on one another) are expected to close on or about June 11, 2014, subject to customary closing conditions. Laclede Group Inc (NYSE:LG) shares fell -0.55% in last trading session and ended the day on $46.93. LG Gross Margin is 37.00% and its return on assets is 2.80%. Laclede Group Inc (NYSE:LG) quarterly performance is 2.96%.
iShares Barclays 1-3 Year Credit Bond Fd (NYSE:CSJ) announced a monthly dividend on Monday, June 2nd, AmericanBankingNews.com reports. Stockholders of record on Wednesday, June 4th will be paid a dividend of 0.0762 per share on Friday, June 6th. This represents a $0.91 annualized dividend and a dividend yield of 0.87%. The ex-dividend date is Monday, June 2nd. iShares Barclays 1-3 Year Credit Bond Fd (NYSEARCA:CSJ) shares moved down -0.02% in last trading session and was closed at $105.51, while trading in range of $105.51 – $105.59. iShares Barclays 1-3 Year Credit Bond Fd (NYSEARCA:CSJ) year to date (YTD) performance is 0.44%.
Quiksilver, Inc. (NYSE:ZQK)stock closed higher on Friday following the disclosure of insider buys from two top executives and after UBS voiced its support for the company in a research note. In a SEC filing, Quiksilver CEO Andrew Mooney disclosed he had purchased 100,000 shares of common stock for $3.40 a share, while CFO Richard Shields purchased 100,000 shares of common stock at a median price of $3.37 a share. Quiksilver, Inc. (NYSE:ZQK) ended the last trading day at $3.68. Company weekly volatility is calculated as 10.75% and price to cash ratio as 8.96. Quiksilver, Inc. (NYSE:ZQK) showed a negative weekly performance of -38.05%.
On June 5, 2014, Novavax, Inc. (NASDAQ:NVAX) announced that it has priced an underwritten public offering of 25 million shares of common stock at a price to the public of $4.00 per share for gross proceeds of approximately $100 million. Novavax expects to receive net proceeds, after deducting the underwriting discount, of approximately $94 million from the offering. In connection with this offering, Novavax expects to grant to the underwriters a 30-day option to purchase up to an additional 3.75 million shares of its common stock. If the underwriters exercise this option in full, Novavax will have offered 28.75 million shares of its common stock. Novavax, Inc. (NASDAQ:NVAX) ended the last trading day at $4.16. Company weekly volatility is calculated as 6.57% and price to cash ratio as 7.74. Novavax, Inc. (NASDAQ:NVAX) showed a negative weekly performance of -11.46%.