Microcap Gainers: Walter Energy(NYSE:WLT), Willbros Group Inc. (NYSE:WG), Celator Pharmaceuticals(NASDAQ:CPXX), Maxwell Technologies(NASDAQ:MXWL), Arotech Corporation (NASDAQ:ARTX)


Walter Energy Inc. (NYSE:WLT) declared a quarterly dividend on Thursday, October 23rd, American Banking and Market News reports. Stockholders of record on Monday, November 10th will be given a dividend of 0.01 per share on Friday, December 5th. This represents a $0.04 dividend on an annualized basis and a yield of 1.91%. Walter Energy, Inc. (NYSE:WLT) in last trading activity advanced 7.66% to close at $2.25. Company weekly performance is 10.29% while its quarterly performance stands at -61.54%. Walter Energy, Inc. (NYSE:WLT) is -88.41% away from its 52 week high.

Willbros Group, Inc. (NYSE:WG) announced that it is refocusing its business strategy under the leadership of John T. McNabb, II, newly elected Chief Executive Officer, and a restructured management team. The Company has identified approximately $22.0 to $24.0 million in deterioration of a significant pipeline construction project in the Company’s Northeast regional business within the Oil & Gas segment. This deterioration consists of the reversal of approximately $8.0 million in pre-tax income previously recognized and the recognition of approximately $14.0 to $16.0 million in estimated pre-tax losses at project completion. Although some of the project deterioration related to the third quarter of 2014, the Company has determined that a majority of these estimated charges should have been recognized in the second quarter of 2014. As a result, the Company expects to restate its second quarter of 2014 results and such results should no longer be relied upon. Additional information relating to the restatement is being disclosed in a Form 8-K being filed with the SEC. The Company now expects to report operating income of approximately $26.0 to $28.0 million for the nine months ended September 30, 2014, subject to the completion of its quarterly close procedures. On last trading day Willbros Group Inc. (NYSE:WG) advanced 5.92% to close at $5.19. Its volatility for the week is 12.86% while volatility for the month is 7.43%. WG’s sales growth for past 5 years was 3.10% and its EPS growth for past 5 years was -23.40%. Willbros Group Inc. (NYSE:WG) monthly performance is -42.84%.

Celator Pharmaceuticals, Inc. (NASDAQ:CPXX), a pharmaceutical company developing new and more effective therapies to treat cancer, announced the pricing of an underwritten public offering of 6,611,150 shares of common stock and warrants to purchase up to 661,115 shares of its common stock. The shares of common stock and warrants are being offered in units consisting of one share of common stock and a warrant to purchase 0.10 of a share of common stock at a price of $1.95 per unit. The gross proceeds to Celator from this offering are expected to be approximately $12.9 million, before deducting the underwriting discounts and commissions and other estimated offering expenses payable by the Company and exclusive of any warrant exercises. On last trading day Celator Pharmaceuticals, Inc. (NASDAQ:CPXX) advanced 30.81% to close at $2.25. Its volatility for the week is 20.31% while volatility for the month is 9.10%. Celator Pharmaceuticals, Inc. (NASDAQ:CPXX) monthly performance is -16.36%.

Maxwell Technologies Inc. (NASDAQ:MXWL) on Thursday reported a loss of $3.3 million in its third quarter. The San Diego-based company said it had a loss of 11 cents per share. Losses, adjusted for stock option expense, came to 8 cents per share. The energy storage and power delivery company posted revenue of $41.6 million in the period. Maxwell Technologies, Inc. (NASDAQ:MXWL) has 1.20% insider ownership while its institutional ownership stands at 75.40%. In last trading activity company’s stock closed at $9.88.

Arotech Corporation (NASDAQ:ARTX) on 8 October announced that its Training and Simulation Division (ATSD) recently received $9.1 million in new orders and contract modifications. On Thursday shares of Arotech Corporation (NASDAQ:ARTX) closed at $2.93. Company’s sales growth for last 5 years was 5.20%.


Leave a Reply

Your email address will not be published. Required fields are marked *