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SunPower (SPWRA)

SunPower announced on Friday it will acquire SunRay Renewable Energy, a leading European solar farm developer.
SunPower says its acquisition is consistent with the company's long-term company strategy to develop a strong brand and complements its European engineering, procurement and construction business.

Feb 15 · 7:54:00 PM
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by Michael Oliveto

Senomyx (SNMX)

Senomyx announced the pricing of an underwritten public offering of 7,142,857 shares of its common stock at a price to the public of $2.80 per share. The gross proceeds from the sale of the shares, before underwriting discounts and commissions and other offering expenses, are expected to be approximately $20.0 million. The offering is expected to close on or about February 18, 2010, subject to customary closing conditions. Senomyx has also granted the underwriters a 30-day option to purchase up to an aggregate of 1,071,428 additional shares of common stock to cover over-allotments, if any. All of the shares in the offering are being sold by Senomyx.
Senomyx anticipates using the net proceeds from the offering to fund research and development efforts, and for general corporate purposes, including working capital.

Feb 15 · 7:51:00 PM · Source: The Medical News
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by Michael Oliveto

Pan American Silver (PAAS)

Pan American Silver declared a regular quarterly dividend in the amount of $.025 per share payable March 12, 2010 to shareholders of record on February 26, 2010.
At today''s $22.20 stock price the dividend yield is 0.45%.

Feb 15 · 7:45:00 PM
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by Michael Oliveto

Pan American Silver (PAAS)

Pan American Silver reported for the full year 2009 earnings of $61.998 million, or $0.71 per share, on sales of $454.8 million. That compares to the prior year earnings of $24.602 million, or $0.31 per share, on sales of $338.6 million.
The company expects silver production to increase modestly to 23.4 million ounces and gold production to decline in fiscal 2010, to 85,600 ounces as a result of slightly lower gold grades at Manantial Espejo and Alamo Dorado. In contrast, the Company expects zinc, lead and copper production to increase to 46,000 tonnes, 15,800 tonnes and 7,300 tonnes respectively, due to a fiscal 2010's production from San Vicente and an increase in throughput at Huaron.

Feb 15 · 7:41:00 PM · Source: Company Press Release
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by Michael Oliveto

Nexen (NXY)

Nomura Holdings plans to buy the European natural gas and power trading businesses of Nexen in a deal reportedly worth about $55 million.

Feb 15 · 7:35:00 PM · Source: Reuters
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by Michael Oliveto

Navistar International (NAV)

Navistar Financial Corporation, a wholly owned subsidiary of Navistar International Corporation, has sold $250 million of wholesale floor plan notes in a two-year 144-A transaction to support its dealer inventory funding.
This is NFC's first asset sale of calendar-year 2010, and it brings NFC's total wholesale capacity to $1.1 billion when combined with previously issued public and private funding. NFC initially sought $200 million and increased the amount to $250 million due to strong demand.

Feb 15 · 7:33:00 PM · Source: Company Press Release
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by Michael Oliveto

Mexco Energy (MXC)

Mexco Energy today reported net income of $167,145, or $0.09 per diluted share, for the quarter ending December 31, 2009, the Company's third quarter of fiscal 2010.
This was a 27% increase from $131,501 for the same quarter of fiscal 2009. Operating revenues in the third quarter of fiscal 2010 were $865,169, a 7% decrease from $927,644 for the third quarter of fiscal 2009.

Feb 15 · 7:30:00 PM · Source: Your Industry News
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by Michael Oliveto

Geokinetics (GOK)

Geokinetics announced today that it has completed its acquisition of Petroleum Geo-Services' ("PGS") onshore seismic data acquisition and multi-client data library business ("PGS Onshore").
"The combination of PGS Onshore and Geokinetics solidifies our position as the clear leader in the onshore seismic data acquisition business," said Richard F. Miles, President and Chief Executive Officer of Geokinetics. "It not only brings together two strong complementary seismic data acquisition operations, but it also accelerates our strategic initiatives in the multi-client library business."

Feb 15 · 7:24:00 PM · Source: Reuters
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by Michael Oliveto


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