Riverbed Technology Inc. (NASDAQ:RVBD), the leader in application performance infrastructure, announced that it has entered into a definitive agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan. Under the terms of the agreement, Riverbed stockholders will receive $21.00 per share in cash, or a total of approximately $3.6 billion. The agreement was unanimously approved by Riverbed’s Board of Directors following a comprehensive review of strategic and financial alternatives that the Company announced in October, 2014. Riverbed Technology, Inc. (NASDAQ:RVBD) in last trading activity fell -0.12% to close at $20.28. Company weekly performance is 5.54% while its quarterly performance stands at 5.54%. Riverbed Technology, Inc. (NASDAQ:RVBD) is -10.87% away from its 52 week high.
ODell Timothy T, CEO of Central Federal Corp (NASDAQ:CFBK) had purchased 4,000 shares on November 20, 2014 in a transaction. The price per share was $1.38 and the total amount of the disclosed transaction was $5,520. Following the purchase, ODell Timothy T now directly owns 343,333 shares which is valued at $453,200 in the current market. On last trading day Central Federal Corp. (NASDAQ:CFBK) increased 10.29% to close at $1.50. Its volatility for the week is 3.72% while volatility for the month is 3.39%. CFBK’s sales growth for past 5 years was -14.70% and its EPS growth for past 5 years was -15.70%. Central Federal Corp. (NASDAQ:CFBK) monthly performance is 7.91%.
Tetra Tech (NASDAQ:TTEK) last issued its quarterly earnings data on Wednesday, November 12th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $493.80 million for the quarter, compared to the consensus estimate of $478.60 million. During the same quarter last year, the company posted $0.39 earnings per share. Tetra Tech’s revenue was down 13.0% compared to the same quarter last year. On average, analysts predict that Tetra Tech will post $1.66 earnings per share for the current fiscal year. On last trading day Tetra Tech Inc. (NASDAQ:TTEK) fell -0.91% to close at $24.99. Its volatility for the week is 2.96% while volatility for the month is 2.17%. TTEK’s sales growth for past 5 years was 6.10% and its EPS growth for past 5 years was 3.00%. Tetra Tech Inc. (NASDAQ:TTEK) monthly performance is -7.24%.
On December 15, 2014, Spark Networks, Inc. (NYSE MKT: LOV) (the “Company”) announced the appointment of Michael S. Egan as Chief Executive Officer, effective January 2, 2015. In conjunction with Mr. Egan’s appointment, Michael J. McConnell will step down from his position as Interim Executive Chairman on January 2, 2015, but will retain his role as Chairman of the Board of Directors. Spark Networks, Inc. (NYSEMKT:LOV) has 1.60% insider ownership while its institutional ownership stands at 68.30%. In last trading activity company’s stock closed at $3.49.
W.R. Grace & Co. (NYSE:GRA) and industry groups have criticized the EPA’s low threshold for exposure as unjustified and impossible to attain. They said the EPA limit was lower than naturally occurring asbestos levels in some places. On Tuesday shares of W.R. Grace & Co. (NYSE:GRA) closed at $91.82. Company’s sales growth for last 5 years was -1.60% and EPS growth for next 5 years is recorded as 17.70%.