BB&T Corporation Inc. (NASDAQ:BBT) and Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) announced the signing of a definitive agreement under which BB&T will acquire Susquehanna in a cash and stock transaction for total consideration valued at approximately $2.5 billion. This acquisition will significantly expand BB&T’s footprint in the Mid-Atlantic region and improve its ranking to #5 in Maryland. Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) in last trading activity moved down -0.46% to close at $13.06. Company weekly performance is 33.54% while its quarterly performance stands at 30.34%. Susquehanna Bancshares, Inc. (NASDAQ:SUSQ) is -1.36% away from its 52 week high.
Research analysts at Morgan Stanley initiated coverage on shares of NanoString Technologies Inc (NASDAQ:NSTG) in a report released on Monday. The firm set an “overweight” rating and a $16.00 price target on the stock. Morgan Stanley’s price objective indicates a potential upside of 31.80% from the company’s current price. On last trading day NanoString Technologies, Inc. (NASDAQ:NSTG) advanced 0.25% to close at $12.19. Its volatility for the week is 7.17% while volatility for the month is 6.58%. NSTG’s sales growth for past 5 years was 81.40% and its EPS growth for past 5 years was 33.60%. NanoString Technologies, Inc. (NASDAQ:NSTG) monthly performance is 33.52%.
On October 30, Intrepid Potash Inc. (NYSE:IPI), the US fertiliser producer, recorded a loss of $1.24m for Q3 2014, in a 161% year-on-year (y-o-y) fall in profits from the $2.03m income recorded in the equivalent 2013 period. On last trading day Intrepid Potash, Inc. (NYSE:IPI) moved down -0.36% to close at $13.85. Its volatility for the week is 2.26% while volatility for the month is 3.40%. IPI’s sales growth for past 5 years was -4.10% and its EPS growth for past 5 years was -30.90%. Intrepid Potash, Inc. (NYSE:IPI) monthly performance is -1.14%.
Atlantic Tele-Network (NASDAQ:ATNI) Chairman Cornelius B. Prior, Jr. sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $68.62, for a total value of $411,720.00. Following the completion of the sale, the chairman now directly owns 4,492,258 shares of the company’s stock, valued at approximately $308,258,744. Atlantic Tele-Network, Inc. (NASDAQ:ATNI) has 29.80% insider ownership while its institutional ownership stands at 55.40%. In last trading activity company’s stock closed at $72.13.
Thoratec Corp. (NASDAQ:THOR) a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts, it will be participating in the upcoming investor conference. On Thursday, November 20, the company will participate in the Canaccord Genuity 2014 Medical Technology and Diagnostics Forum. The presentation by Taylor C. Harris, Vice President and Chief Financial Officer, will begin at 10:30 a.m., Eastern Standard Time. On Thursday shares of Thoratec Corp. (NASDAQ:THOR) closed at $28.40. Company’s sales growth for last 5 years was 18.50% and EPS growth for next 5 years is recorded as 8.70%.