Watch for Action: Hennessy Advisors (NASDAQ:HNNA), American Superconductor Corporation (NASDAQ:AMSC), Symetra Financial Corporation (NYSE:SYA), CoLucid Pharmaceuticals (NASDAQ:CLCD), Arch Coal Inc. (NYSE:ACI)


Hennessy Advisors, Inc. (NASDAQ:HNNA) shares decreased -0.44% in last trading session and ended the day at $24.63. HNNA Gross Margin is 83.70% and its has a return on assets of 13.40%. Hennessy Advisors, Inc. (NASDAQ:HNNA) quarterly performance is 28.59%.

Hennessy Advisors, Inc. is publicly owned investment manager. It provides its services to Hennessy Funds. The firm launches and manages equity, fixed income, and balanced mutual funds. It invests in the public equity and fixed income markets across the globe. The firm primarily invests in growth stocks of companies. The firm conducts in-house research to make its investments. Hennessy Advisors, Inc. was founded in 1989 and is based in Novato, California with additional offices in Boston, Massachusetts and Chapel Hill, North Carolina.

On August 20, Hennessy Advisors, Inc. (NASDAQ:HNNA) announced the commencement of a self-tender offer to purchase up to 1,000,000 shares, or approximately 17% of its outstanding common stock, for a price of $25.00 per share. The Company intends to finance this self-tender offer with an expansion of its current loan as well as with a portion of available cash from its balance sheet. The self-tender offer will expire at 5:00 P.M., Eastern Time, on September 18, 2015, unless extended or withdrawn.

American Superconductor Corporation (NASDAQ:AMSC) caters to the Industrial Goods space. It has a net profit margin of -70.00% and weekly performance is 24.13%. On the last day of trading company shares ended up $4.99. American Superconductor Corporation (NASDAQ:AMSC) distance from 50-day simple moving average (SMA50) is 4.69%.

American Superconductor Corporation provides megawatt-scale solutions worldwide. It operates through two segments, Wind and Grid. The Wind segment designs various wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. It supplies power electronics and software-based control systems, and provides customer support services to wind turbine manufacturers. This segment’s design portfolio includes a range of drive trains and power ratings of 2 megawatts.

American Superconductor Corporation (NASDAQ:AMSC) announced that it has received an approximately $40 million order for wind turbine electrical control systems (ECS) from Inox Wind Limited, part of India’sInox Group of Companies. AMSC expects to begin shipments under this new order during the second quarter of fiscal 2015 and expects to complete the vast majority of shipments by the end of fiscal year 2015.

Symetra Financial Corporation (NYSE:SYA) shares remains unchanged and was closed at $31.47. SYA EPS growth in last 5 year was 15.00%. Symetra Financial Corporation (NYSE:SYA) year to date (YTD) performance is 41.08%.

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Symetra Financial Corporation (NYSE:SYA) relating to the proposed buyout of the Company by Sumitomo Life Insurance Company.

Symetra Financial Corporation, through its subsidiaries, provides products and services that serve the retirement, employee-based benefits, and life insurance markets in the United States and the District of Columbia. The company operates through three divisions: Benefits, Retirement, and Individual Life. The Benefits division provides medical stop-loss, limited benefit medical, group life, accidental death and dismemberment, and disability income insurance products to employers, unions, and public agencies, as well as provides underwriting services.

On August 17, The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Symetra Financial Corporation (NYSE:SYA) relating to the proposed buyout of the Company by Sumitomo Life Insurance Company.

CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD) shares decreased -6.56% in last trading session and ended the day at $6.12. Its has a return on assets of -68.90%. CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD) quarterly performance is -33.48%.

CoLucid Pharmaceuticals, Inc., a biopharmaceutical company, develops small molecule for the acute treatment of migraine headaches. Its lead product candidate is Lasmiditan, an oral tablet that is in a Phase III clinical program for the acute treatment of migraine headaches in adults. The company also develops IV lasmiditan, which is Phase II clinical trial for the acute treatment of unspecified headache pain in adults in emergency room and other urgent care settings.

CoLucid Pharmaceuticals, Inc. (NASDAQ:CLCD) reported the company ended the quarter with cash and cash equivalents of $79.7 million compared to $1.1 million for the second quarter of 2014. The increase is due to the initial public offering, which closed in May 2015, and the company’s Series C financing which closed in January 2015.

Arch Coal Inc. (NYSE:ACI) caters to the Basic Materials space. It has a net profit margin of -22.00% and weekly performance is 54.46%. On the last day of trading company shares ended up $6.41. Arch Coal Inc. (NYSE:ACI) distance from 50-day simple moving average (SMA50) is 110.70%.

Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled approximately 5.1 billion tons of proven and probable recoverable reserves. As of December 31, 2014, the company also owned or controlled, primarily through long-term leases, approximately 30,430 acres of coal land in Ohio, 21,832 acres of coal land in Maryland, etc.

Arch Coal Inc. (NYSE:ACI) announced the extension of its (i) pending private offer to exchange (the “2020 Exchange Offer”) new 6.25% Trust Certificates due 2021 (the “Trust Certificates”) and a cash payment for any and all of its outstanding 7.25% Senior Notes due 2020 (the “2020 Notes”) and (ii) pending concurrent private offer to exchange (the “Concurrent Exchange Offer” and, together with the 2020 Exchange Offer, the “Exchange Offers”) Trust Certificates, 8.00% Senior Secured Notes due 2022 (the “New 2022 Secured Notes”) and 12.00% Senior Secured Second Lien Notes due 2023 (the “New 2023 Secured Notes”) for its outstanding 7.000% Senior Notes due 2019 (“Old 7.000% 2019 Notes”), 9.875% Senior Notes due 2019 (“Old 9.875% 2019 Notes”) and 7.250% Senior Notes due 2021 (“Old 7.250% 2021 Notes” and, together with the Old 7.000% 2019 Notes and the Old 9.875% 2019 Notes, the “Old Notes”).


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