MGIC Investment Corp. (NYSE:MTG) 5.34 +1.16 (27.75%)
To bolster its capital after years of losses from the foreclosure crisis, mortgage insurer MGIC Investment Corp. said Tuesday it is selling 135 million common shares and $350 million in convertible notes.
Cree, Inc. (NASDAQ:CREE) 51.16 +6.44 (14.40%)
Cree, Inc. (CREE) introduces a game-changing series of LED bulbs at a retail price point that gives consumers a reason to switch to LED lighting. The long-lasting Cree LED bulbs showcase Cree's commitment to LED lighting innovation.
Ascena Retail Group Inc. (NASDAQ:ASNA) 18.90 +2.37 (14.34%)
Ascena Retail Group, Inc. (ASNA) reported net income for the second quarter of $47.2 million or $0.29 per share, compared to $63.7 million or $0.40 per share in the year-ago quarter. Income from continuing operations for the second quarter was $37.8 million or $0.23 per share, compared to $63.7 million or $0.40 per share in the prior year quarter.
Sohu.com Inc. (NASDAQ:SOHU) 48.84 +5.20 (11.92%)
South China Morning Post speculated that the Chinese Internet company could be taken private and might be delisted from the NASDAQ.
Changyou.Com Ltd (ADR) (NASDAQ:CYOU) 32.24 +3.43 (11.91%)
Chinese Internet stocks in New York soared on speculation of Sohu being privatized.
Impax Laboratories Inc. (NASDAQ:IPXL) 14.80 -5.20 (-26.00%)
Impax Laboratories Inc. (IPXL) announced after the bell Monday that the FDA completed its re-inspection of the company's Hayward manufacturing facility in connection with the Form 483 issued in March last year. At the conclusion of the inspection, the FDA issued a new Form 483 with twelve observations, three of which are designated as repeat observations from inspections that occurred prior to the warning letter.
J.C. Penney Company, Inc. (NYSE:JCP) 14.96 -1.78 (-10.63%)
Stock down on reports that the company's second biggest shareholder Vornado Realty Trust (VNO) is selling almost half its stake in the retailer.
Ubiquiti Networks Inc. (NASDAQ:UBNT) 12.84 -0.95 (-6.89%)
Ubiquiti Networks, Inc. (UBNT), a next-generation communications technology company, announced that its innovative airFiber point-to-point wireless technology is being used in customer deployments on six continents and scaling far beyond the perceived limitations of the 24 GHz spectrum.
NII Holdings, Inc. (NASDAQ:NIHD) 4.74 -0.29 (-5.77%)
Analysts at Raymond James decreased their price target on shares of NII Holdings (NIHD) from $11.00 to $7.00
Hecla Mining Company (NYSE:HL-B) 60.05 -3.42 (-5.39%)
Hecla Mining Co. said Monday it plans to buy a Canadian-based gold producer operating in the Abitibi area of Quebec.
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