On 4 February, Sabre Corporation (NASDAQ:SABR) announced the pricing of a public offering of 23,800,000 shares of common stock by existing stockholders affiliated with TPG Global, LLC and Silver Lake Management Company, L.L.C. and certain members of Company management at a price of $20.75 per share. In addition, certain of the selling stockholders have granted the underwriters of the secondary offering a 30-day option to purchase up to an additional 3,570,000 shares of common stock. On Thursday shares of Sabre Corporation (NASDAQ:SABR) closed at $22.12. Company’s EPS growth for next 5 years is recorded as 8.94%.
On 29 January, Biogen Idec Inc. (NASDAQ:BIIB) said that it will team up with a joint venture of Italy’s Fondazione Telethon and Ospedale San Raffaele to develop gene therapies for hemophilia A and B—a collaboration that deepens the biotech giant’s presence in battling the bleeding disorders. Biogen Idec Inc. (NASDAQ:BIIB) in last trading activity increased 2.73% to close at $401.79. Company weekly performance is 13.74% while its quarterly performance stands at 24.76%. Biogen Idec Inc. (NASDAQ:BIIB) is 1.21% away from its 52 week high.
Bebe Stores, Inc. (NASDAQ:BEBE) announced unaudited financial results for the second quarter ended January 3, 2015. Net sales from continuing operations increased 4.6% to $128.9 million, as compared to $123.3 million in the second quarter of fiscal 2014. Comparable store sales from continuing operations for the quarter ended January 3, 2015, increased 8.0% compared to a decrease of 2.6% in the same period of the prior year. On last trading day Bebe Stores, Inc. (NASDAQ:BEBE) increased 3.35% to close at $3.70. Its volatility for the week is 6.20% while volatility for the month is 7.99%. BEBE’s sales growth for past 5 years was -5.10% and its EPS growth for past 5 years was -41.00%. Bebe Stores, Inc. (NASDAQ:BEBE) monthly performance is 65.92%.
On 2 February, Avalonbay Communities Inc. (NYSE:AVB) bought the American Bible Society’s headquarters on Manhattan’s Upper West Side, with plans to build a residential tower in a booming area for development. Avalonbay Communities Inc. (NYSE:AVB) has 0.20% insider ownership while its institutional ownership stands at 98.80%. In last trading activity company’s stock closed at $175.00.
GMP Securities initiated coverage on shares of Cabot Oil & Gas Corporation (NYSE:COG) in a research report sent to investors on Thursday morning. The firm issued a hold rating on the stock. On Thursday shares of Cabot Oil & Gas Corporation (NYSE:COG) closed at $26.66. Company’s sales growth for last 5 years was 13.00% and EPS growth for next 5 years is recorded as 25.67%.