Laredo Petroleum Inc (NYSE:LPI) announced the closing of the underwritten public offering of 69,000,000 shares of its common stock at a price to the public of $11.05 per share, including all 9,000,000 shares of common stock that were subject to the underwriter’s option to purchase additional shares. The Company intends to use the net proceeds from the sale of the shares of common stock, together with the net proceeds from its previously announced senior notes offering expected to close on or about March 18, 2015. On Friday shares of Laredo Petroleum, Inc. (NYSE:LPI) closed at $11.18. Company’s sales growth for last 5 years was 52.40%.
Cowen and Company assumed coverage on shares of Bonanza Creek Energy, Inc. (NYSE:BCEI) in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm issued a market perform rating and a $25.00 target price on the stock. Bonanza Creek Energy, Inc. (NYSE:BCEI) in last trading activity moved down -6.73% to close at $24.24. Company weekly performance is -5.05% while its quarterly performance stands at 22.73%. Bonanza Creek Energy, Inc. (NYSE:BCEI) is -61.49% away from its 52 week high.
Ford Motor Company (NYSE:F) has been christened as 2015 World’s Most Ethical Company, according to a study by Ethisphere Institute, which is a management consulting firm from the United States. Quite incredibly, Ford is the only firm from the automobile sector that has got this honour for six years in a row. On Friday shares of Ford Motor Company (NYSE:F) closed at $16.20. Company’s sales growth for last 5 years was 4.40% and EPS growth for next 5 years is recorded as 17.10%.
On March 10, First Acceptance Corp. (NYSE:FAC) reported its financial results for the quarter and year ended December 31, 2014. Net income for the three months ended December 31, 2014 was $22.0 million, or $0.53 per share on a diluted basis, compared with net income of $3.2 million, or $0.07 per share on a diluted basis, for the three months ended December 31, 2013. First Acceptance Corp. (NYSE:FAC) has 0.10% insider ownership while its institutional ownership stands at 21.80%. In last trading activity company’s stock closed at $2.30.
The Directors of HSBC Holdings plc declared a fourth interim dividend for 2014 of US$0.20 per ordinary share. The fourth interim dividend will be payable on 30 April to holders on the Principal Register in the United Kingdom, the Hong Kong Overseas Branch Register or the Bermuda Overseas Branch Register. On last trading day HSBC Holdings plc (ADR) (NYSE:HSBC) moved down -1.00% to close at $41.55. Its volatility for the week is 0.93% while volatility for the month is 0.82%. HSBC’s sales growth for past 5 years was -10.90% and its EPS growth for past 5 years was 12.50%. HSBC Holdings plc (ADR) (NYSE:HSBC) monthly performance is -6.44%.