Counsel for The Blackstone Group LP-backed Vivint Solar Inc. (NYSE:VSLR) cataloged the potential grounds to dismiss shareholder allegations that the renewable energy provider inflated the value of its $330 million initial public offering, telling a New York federal judge on Thursday the company disclosed all the relevant financial information. On Thursday shares of Vivint Solar, Inc. (NYSE:VSLR) closed at $11.35.
Zacks cut shares of Idera Pharmaceuticals Inc (NASDAQ:IDRA) to a neutral rating in a research note issued to investors on Tuesday. The firm currently has $5.10 price target on the stock. Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) in last trading activity increased 2.95% to close at $4.89. Company weekly performance is -4.86% while its quarterly performance stands at 36.59%. Idera Pharmaceuticals, Inc. (NASDAQ:IDRA) is -28.82% away from its 52 week high.
Dot Hill Systems Corp. (NASDAQ:HILL) reported fourth-quarter profit of $8.5 million. For the current quarter ending in March, Dot Hill expects its per-share earnings to range from 4 cents to 7 cents. On last trading day Dot Hill Systems Corp. (NASDAQ:HILL) increased 8.82% to close at $4.69. Its volatility for the week is 4.48% while volatility for the month is 3.27%. HILL’s sales growth for past 5 years was -5.40% and its EPS growth for past 5 years was 16.70%. Dot Hill Systems Corp. (NASDAQ:HILL) monthly performance is 5.87%.
On March 2, it was reported that, The extension of a supply agreement by MRC Global Inc.’s (NYSE:MRC) U.S. operating company, McJunkin Red Man Corporation, with Marathon Oil Company failed to exert upward pressure on the share price. Shares of MRC Global lost about 0.5% in the last full day of trading, likely due to broader market fundamentals. MRC Global Inc. (NYSE:MRC) has 0.80% insider ownership while its institutional ownership stands at 96.20%. In last trading activity company’s stock closed at $12.86.
Citigroup and Mastercard Inc (NYSE:MA) announced that the companies have signed a new and expanded 10-year agreement. Citi will begin aligning the company’s consumer proprietary credit and debit portfolios to the MasterCard network in 2015. On last trading day Mastercard Inc (NYSE:MA) increased 1.20% to close at $92.81. Its volatility for the week is 2.01% while volatility for the month is 1.81%. MA’s sales growth for past 5 years was 13.20% and its EPS growth for past 5 years was 22.50%. Mastercard Inc (NYSE:MA) monthly performance is 10.74%.