NASDAQ Market News

An offshore maintenance & inspection services company MISTRAS Group, Inc. (NYSE:MG) has announced the acquisition of The NACHER Corporation. NACHER provides comprehensive turnkey maintenance & inspection services to the oil, gas and petrochemical industry, primarily on offshore platforms. NACHER has become a leader in the offshore maintenance industry by partnering with customers to...

Senior Secured Notes by Corolla Trust Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today the closing of a private placement of senior secured notes by Corolla Trust, a Delaware statutory trust. On August 28, […]

Will the investment come up smelling of roses? Applied Optoelectronics (Nasdaq:AAOI), a provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, today announced the availability of a revolutionary new laser for methane gas (CH4) sensing applications. The new laser can be utilized in advanced high-precision and...

The share price of ASOS (LSE:ASC) has taken a dramatic upturn today, reaching 2,763.00 by 2:30 this afternoon, a rather phenomenal 17.7% increase from yesterday’s closing price of 2,348.00. Perhaps the most interesting fact about the sudden turnaround in share price is that the company hasn’t done anything to motivate investor interest. Unless you consider rumors to […]

So, how did they do? Premier, Inc. (Nasdaq:PINC) today reported financial results for the fiscal 2014 fourth quarter and full year ended June 30, 2014. Fiscal-Year Highlights: Pro forma results reflect the impact of the company’s reorganization and initial public offering (IPO)*. – On a pro forma basis, net revenue of $869.3 million increased 14% […]

The last time the NASDAQ closed higher than 4,500 was March 2000. That’s more than 14 years ago. That was before 9/11, before the fall of Saddam Hussein, Muammar Gaddafi, or Osama bin Laden. It was before the sub-prime lending crisis and the bank bailout. It was before Facebook was born, and even before an […]

Expects to receive approximately $231 million in gross proceeds Ambac Financial Group, Inc. (Nasdaq:AMBC), a holding company whose subsidiaries provide financial guarantees and other financial services to clients in both the public and private sectors globally, announced today that it expects to receive approximately $231 million in gross proceeds in connection with a private placement […]

Latest Patented Technology Greatly Facilitates Team Communication During Professional Gaming Competitions Skullcandy, Inc. (Nasdaq:SKUL), the original lifestyle and performance audio brand, and its division ASTRO Gaming, creators of premium video gaming equipment, today announced the issuance of U.S. Patent Number 8,602,892 directed to technology used in team-based LAN communication, which is...

Okay. I admit it. Sometimes journalists are overcome by hyperbole. But when we say that it was a monster of a day for Monster Beverage Corp. (NASDAQ:MNST) and Coca Cola (NYSE:KO), it is the real thing. When the two companies announced that the rumors about Coke purchasing a position in Monster were true, Monster’s share […]

Worth $120m Rex Energy Corporation (Nasdaq:REXX) today announced the acquisition of approximately 208,000 gross (207,000 net) acres in the company’s Butler Operated Area. Acquisition: Rex Energy has entered into a definitive purchase agreement with SWEPI, LP, an affiliate of Royal Dutch Shell, plc to acquire a 100% interest in approximately 208,000 gross (207,000 net) acres […]