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After-Hours Movers 06/20: (TOBC) (WFT) Higher; (IVR) (PSEC) (SUSQ) Lower

June 20, 2011 6:03 PM EDT
TOBC Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Dividend Yield: 3.9%
Tower Bancorp (Nasdaq: TOBC) 34% HIGHER; Tower and Susquehanna Bancshares have reached an agreement whereby Susquehanna will buy the company for about $28/share in a cash or stock deal (holders have option to receive either cash or 3.4696 shares of SUSQ).

Invesco Mortage Capital (NYSE: IVR) 3.6% LOWER; to sell 15 million shares of common stock in a public offering.

Prospect Capital Corporation (Nasdaq: PSEC) 3.1% LOWER; announces a 10 million common stock offering.

Susquehanna Bancshares (Nasdaq: SUSQ) 2.3% LOWER; to acquire Tower Bancorp.

Fifth Street Finance Corp. (NYSE: FSC) 2% LOWER; commences a 5 million common stock offering.

Weatherford International (NYSE: WFT) 1% HIGHER; has announced it reached a settlement with BP (NYSE: BP) related to claims to the Deepwater Horizon incident and spill in the Gulf of Mexico.

Check out our After-Hours Movers entity page to track this report each day.

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