News Effects on Stocks: Gevo, Inc. (NASDAQ:GEVO), Alliance Data Systems Corporation (NYSE:ADS), Jabil Circuit (NYSE:JBL)
Gevo, Inc. (NASDAQ:GEVO) finished trading at $1.13. Gevo, Inc. (GEVO) reported that WB Gevo, Ltd., the holder of the Company’s issued and outstanding Senior Secured Convertible Notes, due June 23, 2017 (the “2017 Notes”), and the Company have entered into an Exchange and Purchase Contract (the “Purchase Contract”) pursuant to which Whitebox has agreed to exchange (the “Exchange”) all $16.5 million of the existing 2017 Notes for the Company’s newly created 12.0% Senior Secured Convertible Notes due 2020. The Exchange and the issuance of the 2020 Notes require stockholder approval.
The key terms of the 2020 Notes are as follows: Maturity Date: The 2020 Notes will mature on March 15, 2020. Interest: The 2020 Notes will accrue interest at 12% per annum, with 10% payable in cash and 2% payable as Payment in Kind (“PIK”) interest. The PIK interest is paid by increasing the principal amount of the 2020 Notes by the amount of PIK interest due. Corporation has the current ratio of 1.00 for the most recent quarter with 52-week high price of $-95.85% and its 52-week low was recorded at $22.83%. How Inside Factors Effect NASDAQ:GEVO? Find Facts Here
Alliance Data Systems Corporation (NYSE:ADS) has 55.93 million outstanding shares and its share price finished at $260.62 by moving up 8.30% in last traded session. Alliance Data Systems Corp. (ADS) reported that its Q1 profit of $146.4 million.The Plano, Texas-based Company said it had profit of $2.58 per share. Earnings, adjusted for one-time gains and costs, were $3.91 per share.The results surpassed Wall Street expectations.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.87 per share.The manager of loyalty and rewards programs for retailers and others posted revenue of $1.88 billion in the period, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $1.79 billion. Alliance Data expects full-year earnings to be $18.50 per share, with revenue expected to be $7.7 billion.
As the returns are concern, return on equity was recorded 25.00% and firm surged its return on investment of 6.70% while its return on asset stayed at 1.80%. How Outside Factors Effects on Stocks Performance? Find Facts Here
Jabil Circuit, Inc. (NYSE:JBL) finished at $29.37 with shares surged 1.28%. Jabil Circuit, Inc. (JBL) reported that its BOD declared a quarterly dividend of $0.08 per share to shareholders of record as of May 15, 2017. The dividend is payable on June 1, 2017.Jabil has paid consecutive quarterly cash dividends on its common shares for over ten years, since May 15, 2006. A look on the firm performance, its weekly performance was 2.66%, monthly performance was 3.42%.
The stock price is moving up from its 20 days moving average with 2.24% and isolated positively from 50 days moving average with 7.85%. Why Investors Right to Know NYSE:JBL Performance? Find Inside Facts Here