On January 9, 2015, Adamis Pharmaceuticals Corporation (NASDAQ:ADMP), entered into an Underwriting Agreement (the “Underwriting Agreement”) with Oppenheimer & Co. Inc., as representative for the several underwriters (“Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters an aggregate of 2,000,000 shares (the “Shares”) of common stock, $0.0001 par value per share, of the Company (the “Common Stock”). The Shares are being offered and sold to the public (the “Offering”) at a public offering price of $5.00 per share. On Friday shares of Adamis Pharmaceuticals Corporation (NASDAQ:ADMP) closed at $5.60.
On January 5, 2015, J. C. Penney Company, Inc. (NYSE:JCP) began notifying impacted non-management associates at affected store locations of its plan to close approximately 40 underperforming JCPenney department stores in fiscal 2015. The Company expects to substantially complete the store closings by April 2015. J C Penney Company Inc (NYSE:JCP) in last trading activity moved down -0.50% to close at $7.91. Company weekly performance is 25.76% while its quarterly performance stands at 3.53%. J C Penney Company Inc (NYSE:JCP) is -30.00% away from its 52 week high.
Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) announced that its Board of Directors has declared a dividend of $0.51 per share on the Company’s common stock for the fourth quarter of 2014. The dividend will be payable in cash on January 27, 2014 to stockholders of record as of the close of business on December 30, 2014. On last trading day Cherry Hill Mortgage Investment Corporation (NYSE:CHMI) moved down -0.11% to close at $18.06. Its volatility for the week is 1.11% while volatility for the month is 1.63%.
Simulations Plus, Inc. (NASDAQ:SLP), a leading provider of consulting services and software for pharmaceutical discovery and development, announced that Dr. Ted Grasela, President, will present at the Sidoti & Company, LLC, Emerging Growth Institutional Investor Forum on January 12, 2015. Simulations Plus, Inc. (NASDAQ:SLP) has 73.20% insider ownership while its institutional ownership stands at 16.40%. In last trading activity company’s stock closed at $6.70.
Wunderlich initiated coverage on shares of Crown Crafts (NASDAQ:CRWS) in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $11.00 target price on the stock. On last trading day Crown Crafts, Inc. (NASDAQ:CRWS) moved up 0.46% to close at $8.05. Its volatility for the week is 2.05% while volatility for the month is 2.67%. CRWS’s sales growth for past 5 years was -1.40% and its EPS growth for past 5 years was 18.40%. Crown Crafts, Inc. (NASDAQ:CRWS) monthly performance is 11.30%.