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Cel-Sci Corp., of Vienna, Va., and Elkridge, released financial results for the fiscal year ended Sept. 30, 2013.
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Read More »Rockville-based MacroGenics shares climb following $80M IPO
NEW YORK — Shares of MacroGenics are surging in Thursday midday trading after the biotechnology company raised $80 million in its initial public offering. MacroGenics sold 5 million shares of stock for $16 per share. It had expected to sell ...
Tagged with: biotech ipo maryland rockville shares stock
Read More »Cel-Sci announces reverse stock split
Cel-Sci Corp., of Vienna, Va., and Elkridge, a biotechnology company that is developing new immune system-based treatments for cancer and infectious diseases, announced Friday it is implementing a 1-for-10 reverse stock split, effective on Wednesday.
Tagged with: biotech Business business news New York Stock Exchange prices shares Stocks
Read More »Ackman to sell J.C. Penney stake for about $504.4M
NEW YORK — J.C. Penney’s biggest investor, William Ackman, plans to sell his entire stake in the struggling department store operator for about $504.4 million — a loss of around $470 million from what he paid for it. The move ...
Tagged with: Business business news j.c. penney Retail revenue securities and exchange commission shares Stocks
Read More »CEO to take Dole Food private in $1.21B deal
WESTLAKE VILLAGE, Calif. — Dole Food said Monday its CEO will take it private, in a deal that values the company at approximately $1.21 billion. Dole shareholders will receive $13.50 per share, a 5 percent premium to its $12.81 Friday ...
Tagged with: Business CEO ipo shares
Read More »M&T Bank 2Q profit up 53 percent
BUFFALO, N.Y. — M&T Bank’s second-quarter net income rose 53 percent, helped by a $62 million gain from the sale of the bank’s holdings of Visa and MasterCard shares. The bank said Wednesday that “stabilizing” economic conditions, better-than-expected loan repayments ...
Tagged with: Banks earnings Economy loans M&T Bank maryland profit second quarter shares
Read More »ARCT IV in $3.1B cash-and-stock deal
NEW YORK — American Realty Capital Properties Inc. is buying American Realty Capital Trust IV Inc. in a cash-and-stock deal valued at about $3.1 billion. Shares of ARCP nearly doubled in premarket trading on Tuesday. ARCP, a real estate investment ...
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Read More »Sinclair prices sale of common stock
Sinclair Broadcast Group Inc., of Hunt Valley, a diversified television broadcasting company, said it has priced an underwritten public offering of 18 million shares of common stock at $27.25 per share.
Tagged with: Business business news shares sinclair broadcast group inc stockholders Stocks television
Read More »NY judge to OK Empire State Building settlement
NEW YORK — A Manhattan judge on Thursday backed a $55 million settlement in a court battle over the Empire State Building, effectively clearing the way for a plan to let the public buy shares in the famous New York ...
Tagged with: empire state building Law legal news manhattan New York City shares
Read More »Sinclair’s stock price drops sharply
Sinclair Broadcast Group also announced that it is undertaking an underwritten public offering of 14 million shares of common stock, which will be augmented by an option granted to underwriters to purchase up to an additional 2.1 million shares of ...
Tagged with: Business earnings hunt valley maryland shares sinclair broadcast group inc television wall street
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