Stifel Raises Price Target on Extended Stay America (STAY) to $15; Reiterates Hold
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Pre-Open Stock Movers 11/15: (DRYS) (RPRX) (AAP) Higher; (SYN) (BETR) (SSYS) Lower (more...)
November 15, 2016 9:18 AM ESTToday's Pre-Open Stock Movers
Seanergy Maritime (NASDAQ: SHIP) 34.6% HIGHER; shipping stocks continue surge.
Synthetic Biologics, Inc. (NYSE: SYN) 34.3% LOWER; announced the pricing of an underwritten public offering of 25,000,000 shares of its common stock and warrants to purchase 50,000,000 shares of its common stock at a price to the... More
Extended Stay America (STAY) Prices 12.75M Paired Shares Offering
November 15, 2016 6:13 AM ESTExtended Stay America, Inc. and ESH Hospitality, Inc. (NYSE: STAY) announced the pricing of the underwritten secondary offering (the offering) of 12,750,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH Hospitality, Inc., which are attached and trade together as Paired Shares. The Paired Shares were offered by certain selling stockholders affiliated with Centerbridge Partners, L.P., Paulson & Co. Inc. and The Blackstone Group L.P. (the Selling Stockholders), which is expected to result in gross proceeds of approximately... More
After-Hours Stock Movers 11/14: (EQY) (RPRX) (AAP) Higher; (SYN) (GEVO) (TSRO) Lower (more...)
November 14, 2016 6:33 PM ESTToday's After-Hours Movers
Synthetic Biologics, Inc. (NYSE: SYN) 18.9% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock and warrants to purchase shares of its common stock. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Equity One, Inc. (NYSE: EQY) 14.8% HIGHER; Regency Centers... More
Extended Stay America (STAY) Announces 12.75M Paired Shares Secondary Offering; Plans Stock Buyback
November 14, 2016 4:35 PM ESTExtended Stay America, Inc. and ESH Hospitality, Inc. (NYSE: STAY) announced an underwritten secondary offering (the offering) of 12,750,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH Hospitality, Inc., which are attached and trade together as Paired Shares, by certain selling stockholders affiliated with Centerbridge Partners, L.P., Paulson & Co. Inc. and The Blackstone Group L.P. (the Selling Stockholders).
The Company will not sell any Paired Shares in the offering and will not receive any... More