NASDAQ Market News

Gevo, Inc. (Nasdaq:GEVO), a leading renewable technology, chemical products, and next generation biofuels company, announced the closing of a private debt financing with Whitebox Advisors LLC consisting of a senior secured term loan exchangeable into senior secured convertible debentures. The aggregate proceeds from the Term Loan are $25.9 million with an option for Gevo to […]

As we predicted on 18 March, Alibaba, the mainland China mega e-commerce company, has filed its initial paperwork for an IPO in New York. Although it is not clear on which exchange the shares will trade, insights and expectations, both positive and negative, are running high. Positive Insights and Expectations The primary focus of positive […]

Prudential Bancorp (Nasdaq:PBIP), the holding company for Prudential Savings Bank (the “Bank”), has reported net income of $535,000, or $0.06 per basic and diluted share, for the quarter ended March 31, 2014 as compared to $14,000 or $0.00 per basic and diluted share, for the comparable period ended March 31, 2013. For the six months […]

My day did not end well yesterday. In my ADVFN story, “How Will Weak US Economy Affect Us?” I warned of gloom and doom on the world economic scene as a result of a weak US first quarter.  I pointed to the Dow Jones, the S&P, and the Nasdaq all opening down following the release […]

There are not many happy headlines this morning in the US after markets opened sharply lower on reports that “The U.S. economy slowed in the first quarter to one of the weakest paces of the five-year recovery .” Against an expectation of a 1.1% increase in GDP, the US gained a mere 0.1%. Combine that with […]

Quotient Limited (Nasdaq:QTNTU), an established, commercial-stage diagnostics company, has announced the pricing of its initial public offering of 5,000,000 units, each consisting of one ordinary share and one warrant to purchase 0.8 of one ordinary share, at a price of $8.00 per unit. The warrants will be exercisable at an exercise price of $8.80 per […]

(NASDAQ:EVAR) The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Lombard Medical, Inc. (Nasdaq:EVAR), the specialist medical device company focused on endovascular aortic repair of abdominal aortic aneurysms, commenced on The NASDAQ Stock Market on April 25, 2014. Lombard Medical’s lead product, Aorfix™, is an endovascular stent graft which has been specifically designed...

$0.77 American National Insurance Company’s (Nasdaq:ANAT) board of directors declared a quarterly dividend of 77 cents per share on its common stock, CUSIP #028591-105, at its April 25, 2014 board meeting. In compliance with NASDAQ’s applicable dividend notice requirements, the dividend is payable June 20, 2014 to shareholders of record as of the close of […]

Presented at Experimental Biology Conference 2014 Sucampo Pharmaceuticals, Inc.(Nasdaq:SCMP), a global biopharmaceutical company, has announced that preclinical data for lubiprostone and unoprostone isopropyl will be presented at the Experimental Biology Society 2014 Conference in San Diego, California. The following posters will be presented on the following dates and times in exhibit halls...

State Bank Corp. (OTCBB:SBAZ) (“Company”), the holding company for Mohave State Bank, has announced net income of $470,000, or $0.08 per diluted share, for the quarter ended March 31, 2014, as compared to net income of $327,000, or $0.06 per diluted share, for the same period of 2013. First Quarter 2014 Highlights include: – The […]