Ampio Pharmaceuticals Slumps On Equity Offering (AMPE, SIGM, DRI, KALU, MEOH)

Posted by on Jul 13, 2012

Ampio Pharmaceuticals Slumps On Equity Offering (AMPE, SIGM, DRI, KALU, MEOH)

Ampio Pharmaceuticals, Inc. (NASDAQ:AMPE) shares declined 7.65% to $3.38 in the pre-market session after the company announced the pricing of its previously announced underwritten public offering of 4,615,400 shares of its common stock, offered at a price to the public of $3.25 per share. The gross proceeds to Ampio from this offering are expected to be $15.0 million, before deducting the underwriting discount and other estimated offering expenses payable by Ampio. The offering is expected to close on or about July 18, 2012, subject to customary closing conditions.

Sigma Designs Inc (NASDAQ:SIGM) has been selected for use in a wide range of SmartTV products from major European TV manufacturers yesterday. The HiDTV Fusion is enabling the next-generation of SmartTVs with advanced connectivity, superior picture quality, higher refresh rates and 3D capability.

Darden Restaurants, Inc. (NYSE:DRI) announced that it has agreed to acquire Yard House USA, for $585 million in an all-cash transaction from private equity firm TSG Consumer Partners LLC, management and investors. The total transaction price of $585 million includes approximately $30 million of cash tax benefits that are expected to be realized by Darden in fiscal 2013 and fiscal 2014.

Kaiser Aluminum Corp. (NASDAQ:KALU) announced that its Board of Directors has declared a quarterly cash dividend payment of $0.25 per share on the Company’s outstanding common stock. The dividend will be payable on August 15, 2012 to shareholders of record as of the close of business on July 26, 2012.

Methanex Corporation (USA) (NASDAQ:MEOH) yesterday announced that its Board of Directors has declared a quarterly dividend of USD0.185 per share that will be payable on September 30, 2012 to holders of common shares of record on September 16, 2012.

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