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Stifel Raises Price Target on Extended Stay America (STAY) to $15; Reiterates Hold

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Pre-Open Stock Movers 11/15: (DRYS) (RPRX) (AAP) Higher; (SYN) (BETR) (SSYS) Lower (more...)

November 15, 2016 9:18 AM EST

Today'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 EST

Extended 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 EST

Today'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 EST

Extended 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