Morning Movers 6/25: SSN, TIBX Higher; FCEL, MIPI, SYUT Lower
Samson Oil & Gas Limited (AMEX: SSN) 23.4% HIGHER; has entered into a binding agreement with a large U.S.-based independent natural gas and oil producer to sell 24,166 acres of its 40,240 acre holdings in Goshen County, Wyoming, for a cash purchase price presently expected to be between US$ 61 million and US$ 79 million (pre tax).
FuelCell Energy, Inc. (Nasdaq: FCEL) 17.3% LOWER; announced today that it has priced an underwritten public offering of 24,000,000 shares of its common stock at a price to the public of $1.25 per share for gross proceeds of approximately $30.0 million.
Molecular Insight Pharmaceuticals, Inc. (NASDAQ: MIPI) 13.4% LOWER; received a letter from The NASDAQ Stock Market on June 24, 2010, notifying the Company that for the 30 consecutive business days preceding the date of the letter, the Company's listed securities did not meet the minimum $50 million Market Value of Listed Securities requirement for continued listing on the NASDAQ Global Market pursuant to Listing Rule 5450(b)(2)(A). This notification does not impact the listing of Molecular Insight's common stock at this time. In accordance with NASDAQ Marketplace Rules, Molecular Insight has a grace period of 180 calendar days to regain compliance.
TIBCO Software (Nasdaq: TIBX) 9.9% HIGHER; reports Q2 adj-EPS of $0.15, 2 cents better than the analyst estimate of $0.13. Revenue for the quarter was $173.3 million, which compares to the estimate of $161.35 million.
Synutra International, Inc. (Nasdaq: SYUT) 9.6% LOWER; today announced the pricing of a public offering of 3.3 million common shares at $19.00 per share.
To get this report daily visit http://www.streetinsider.com/entities/Morning+Movers.
FuelCell Energy, Inc. (Nasdaq: FCEL) 17.3% LOWER; announced today that it has priced an underwritten public offering of 24,000,000 shares of its common stock at a price to the public of $1.25 per share for gross proceeds of approximately $30.0 million.
Molecular Insight Pharmaceuticals, Inc. (NASDAQ: MIPI) 13.4% LOWER; received a letter from The NASDAQ Stock Market on June 24, 2010, notifying the Company that for the 30 consecutive business days preceding the date of the letter, the Company's listed securities did not meet the minimum $50 million Market Value of Listed Securities requirement for continued listing on the NASDAQ Global Market pursuant to Listing Rule 5450(b)(2)(A). This notification does not impact the listing of Molecular Insight's common stock at this time. In accordance with NASDAQ Marketplace Rules, Molecular Insight has a grace period of 180 calendar days to regain compliance.
TIBCO Software (Nasdaq: TIBX) 9.9% HIGHER; reports Q2 adj-EPS of $0.15, 2 cents better than the analyst estimate of $0.13. Revenue for the quarter was $173.3 million, which compares to the estimate of $161.35 million.
Synutra International, Inc. (Nasdaq: SYUT) 9.6% LOWER; today announced the pricing of a public offering of 3.3 million common shares at $19.00 per share.
To get this report daily visit http://www.streetinsider.com/entities/Morning+Movers.
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