Piper Jaffray Raises Price Target on Lindaay Corp. (LNN) Following 3Q EPS Beat
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Unusual 11 Mid-Day Movers 6/25: (CBLI) (RGSE) (THC) Higher; (MEI) (WRLD) (SSE) Lower
June 25, 2015 12:54 PM EDTCleveland BioLabs, Inc. (Nasdaq: CBLI) 128.0% HIGHER; announced that it has entered into a securities purchase agreement with David Davidovich, a venture capital investor, for the sale of 6,459,948 unregistered common shares at a price of $3.87 per share for an aggregate of $25 million. The offering represents a 35% premium to the closing market price of $2.86 on June 23, 2015 and a 21% premium to the trailing 60-day volume weighted average price, as reported by Bloomberg. The parties expect to close the transaction on or about July 6, 2015.
Methode Electronics (NYSE:... More
Lindsay Corp. (LNN) Tops Q3 EPS Expectations; Backlog at $53.2M
June 25, 2015 7:10 AM EDTLindsay Corp. (NYSE: LNN) reported Q3 EPS of $1.10, $0.29 better than the analyst estimate of $0.81. Revenue for the quarter came in at $160.7 million versus the consensus estimate of $153.7 million.
Irrigation equipment revenues totaled $131.3 million including $6.3 million of revenues from the recently acquired Elecsys Corporation, a 12 percent... More
Trading Radar for 6/25: Nike (NKE), Micron (MU), Barnes & Nobls (BKS), Winnebago (WGO) Report
June 24, 2015 2:35 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
