After-Hours Stock Movers 9/3: (SPA) (GWRE) (MITL) Higher; (HAIN) (NCMI) (LNKD) Lower (more...)

September 3, 2013 6:03 PM EDT Send to a Friend
Sparton Corp. (NYSE: SPA) 16.2% HIGHER; reported Q4 EPS of $0.67, $0.26 better than the analyst estimate of $0.41. Revenue for the quarter came in at $87.1 million versus the consensus estimate of $77.74 million.

Guidewire Software (NYSE: GWRE) 4.5% HIGHER; reported Q4 EPS of $0.25, $0.11 better than the analyst estimate of $0.14. Revenue for the quarter came in at $96.9 million versus the consensus estimate of $93.1 million.

The Hain Celestial Group, Inc. (Nasdaq: HAIN) 2.7% LOWER; announced today that it has been informed of the sale of an aggregate of 3,650,000 shares of common stock of Hain by certain selling stockholders, including entities related to Carl C. Icahn to Jefferies LLC, as the underwriter in the registered public offering of those shares. No shares of common stock are being sold by Hain and Hain will not receive any proceeds from the offering. The selling stockholders have also granted to Jefferies LLC an option to purchase an additional 547,500 shares of common stock of Hain which option is exercisable for 30 days from the date hereof.

National CineMedia, Inc. (NASDAQ: NCMI) 2.7% LOWER; one of its founding members, Regal Entertainment Group and its affiliates (Regal), intends to offer, subject to market and other conditions, 2,000,000 shares of the Company's common stock in a registered underwritten public offering. Regal has granted the underwriter an option for 30 days to purchase up to 300,000 additional shares of the Companys common stock to cover over-allotments, if any.

LinkedIn Corporation (NYSE: LNKD) 2.1% LOWER; announced that it is commencing an underwritten registered public offering of $1.0 billion of shares of its Class A common stock. In addition, LinkedIn will grant the underwriters an option to purchase up to an additional $150 million of its shares of Class A common stock.

The ExOne Company (Nasdaq: XONE) 1.8% LOWER; announced today the launch of an underwritten public offering of 2,656,000 shares of its common stock, of which 1,106,000 shares of common stock will be sold by ExOne and 1,550,000 shares of common stock will be sold by certain selling stockholders. The underwriters will have an option to purchase up to an additional 398,400 shares of common stock from certain of the selling stockholders. ExOne currently anticipates pricing the offering during the week of September 9, 2013

Cubist Pharmaceuticals, Inc. (NASDAQ: CBST) 1.7% LOWER; announced its intention to commence an offering, subject to market and other conditions, of $600 million in convertible senior unsecured notes that are expected to be issued in two $300 million series, with one series maturing on September 1, 2018 (2018 notes) and the other series maturing on September 1, 2020 (2020 notes and together with the 2018 notes, the Notes). The Notes will be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Exchange Act of 1933, as amended. Cubist also expects to grant the initial purchasers of the Notes an option to purchase up to an additional $50 million aggregate principal amount of each series of the Notes.

Matador Resources Company (NYSE: MTDR) 1% LOWER; commenced an underwritten public offering of 8,500,000 shares of its common stock. Matador will also grant the underwriters a 30-day option to purchase up to 1,275,000 additional shares of common stock.


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