ChinaNet Online Holdings, Inc. (NASDAQ:CNET) announced that Ken Wu has joined the Company as its Chief Information Officer (CIO) effective February 1, 2015. Mr. Wu will be responsible for ChinaNet’s Information Technology (IT) strategy, services and operations. On Friday shares of ChinaNet Online Holdings, Inc. (NASDAQ:CNET) closed at $1.76. Company’s sales growth for last 5 years was 7.10% and EPS growth for next 5 years is recorded as 10.00%.
InfraREIT, Inc. (NYSE:HIFR) announced the pricing of the initial public offering of 20 million shares of its common stock at $23.00 per share. The shares of common stock are expected to begin trading on the New York Stock Exchange (“NYSE”) on Jan. 30, 2015, under the ticker symbol “HIFR”. The underwriters have been granted a 30-day option to purchase up to an additional three million shares of common stock from InfraREIT at the initial public offering price, less underwriting discounts and commissions. InfraREIT, Inc. (NYSE:HIFR) in last trading activity advanced 15.65% to close at $26.60.
On 26 January, Blonder Tongue Laboratories Inc. (NYSEMKT: BDR) announced that the company’s HDE-8C-QAM w/Opt 2 encoder is now approved for use in high-definition (HD) deployments over coax infrastructure by a major U.S. satellite digital television provider. The reliability, superior video quality, and feature set provided by the HDE-8C-QAM w/Opt 2 encoder (#6370-2), will enable operators to cost-effectively deliver HD video content in certain institutional markets. On last trading day Blonder Tongue Laboratories Inc. (NYSEMKT: BDR) fell -4.02% to close at $1.67. Its volatility for the week is 11.71% while volatility for the month is 11.41%. BDR’s sales growth for past 5 years was -4.60% and its EPS growth for past 5 years was -34.99%. Blonder Tongue Laboratories Inc. (NYSEMKT: BDR) monthly performance is -37.92%.
StoneMor Partners L.P. (NYSE:STON) announced an increase of its cash distribution to $0.63 per unit from $0.62 per unit. The distribution is payable on February 16, 2015 to common unit holders of record as of the close of business on February 5, 2015. StoneMor Partners L.P. (NYSE:STON) has 1.50% insider ownership while its institutional ownership stands at 15.20%. In last trading activity company’s stock closed at $28.24.
On 28 January, Oracle Corporation (NYSE:ORCL) said that it has released an update to its Oracle Service Cloud that adds new tools to give companies more insight about their customers. On Friday shares of Oracle Corporation (NYSE:ORCL) closed at $41.89. Company’s sales growth for last 5 years was 10.50% and EPS growth for next 5 years is recorded as 8.50%.