Energy Stocks Higher

Energy Stocks Higher

Energy stocks put up solid gains again today, with the NYSE Energy Sector Index rising about 0.7% while shares of energy companies in the S&P 500 still were up more than 0.3% as a group. Crude oil for August delivery settled 86 cents higher at $44.24 per barrel while August natural gas futures rose 2 cents to $3.06 per 1 million BTU. In company news, Pacific Ethanol (PEIX) was holding […]

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DelMar Pharmaceuticals Presents Data

DelMar Pharmaceuticals Presents Data

DelMar Pharmaceuticals, a biopharmaceutical company, said early Friday it presented data from its Dianhydrogalactitol (VAL-083) study at the Society for Neuro-Oncology’s 4th Pediatric Neuro-Oncology Basic and Translational Research conference in New York. DelMar has embarked on human clinical trials for VAL-083 across every line of glioblastoma multiforme (GBM) therapy, and has demonstrated clinical activity against a range of cancers in trials sponsored by the U.S. National Cancer Institutes, the company […]

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Invacare Prices Offering

Invacare Prices Offering

Invacare, a manufacturer of medical equipment, said late Thursday that it has priced its offering of $105 million aggregate principal amount of 4.5% convertible senior notes due 2022 in a private placement to qualified institutional buyers. The underwriters have been granted an option to purchase up to $15 million additional amount of notes. The company intends to use the net proceeds of approximately $100.1 million to fund its convertible note […]

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AAC Holdings Expands Credit Facility

AAC Holdings Expands Credit Facility

AAC Holdings said early Monday it plans to seek a new senior secured term loan facility of up to $210 million and a new senior secured revolving credit line of up to $55 million. The company expects to use the proceeds to refinance certain existing debt and to pay transaction fees and expenses, it said in a statement. The terms of refinancing will be disclosed upon completion, which is expected […]

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CoreSite Realty Boosts Q2 Dividend

CoreSite Realty Boosts Q2 Dividend

CoreSite Realty, a provider of data center and interconnection solutions, said Tuesday that its board has authorized a cash dividend of $0.90 per share on common stock and common stock equivalents for Q2. The new quarterly dividend represents a $0.10, or 12.5%, increase over the prior quarterly dividend of $0.80 per share. It will be paid on July 17, to shareholders of record on June 30. CoreSite’s board also authorized […]

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