On Friday shares of Alder Biopharmaceuticals Inc. (NASDAQ:ALDR) closed at $37.23. Alder BioPharmaceuticals, Inc. (NASDAQ:ALDR) on 7 May, provided recent corporate highlights and reported its financial results for the first quarter ended March 31, 2015. “During the first quarter we fortified our financial position through an equity offering, raising more than $190 million to support both the aggressive development of ALD403, as well as other promising product candidates in our pipeline, such as ALD1613 for Cushing’s disease,” said Randall C. Schatzman, Ph.D., President and Chief Executive Officer of Alder.
North Atlantic Drilling Limited (NYSE:NADL) in last trading activity increased 8.22% to close at $1.58. Company weekly performance is 6.04% while its quarterly performance stands at -14.59%. North Atlantic Drilling Limited (NYSE:NADL) is -85.64% away from its 52 week high. Zacks upgraded shares of North Atlantic Drilling Ltd. (NASDAQ:NADL) from a strong sell rating to a sell rating in a research note released on Wednesday morning.
On last trading day Vectren Corporation (NYSE:VVC) increased 0.64% to close at $42.34. Its volatility for the week is 2.10% while volatility for the month is 1.84%. VVC’s sales growth for past 5 years was 4.60% and its EPS growth for past 5 years was 4.30%. Vectren Corporation (NYSE:VVC) monthly performance is -3.40%. Vectren Corp. (NYSE:VVC) on Wednesday reported first-quarter net income of $57 million. The Evansville, Indiana-based company said it had net income of 69 cents per share. The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. The utility posted revenue of $706.2 million in the period. Vectren expects full-year earnings to be $2.40 to $2.55 per share.
Capital Bank Financial Corp. (NASDAQ:CBF) has 0.40% insider ownership while its institutional ownership stands at 91.70%. In last trading activity company’s stock closed at $27.62. The top-five executives of Capital Bank Financial Corp. (NASDAQ:CBF) received significant raises in salary during fiscal 2014, the bank reported in previous weeks. Capital, which is based in Coral Gables, Fla., has a significant North Carolina presence in the Triad and Triangle. It paid $52.5 million in October 2012 to buy Southern Community Financial Corp. of Winston-Salem and its 22 branches. Eugene Taylor, chairman and chief executive, was paid $700,000 in salary for an increase of 7.7 percent. He received a matching increase in bonus, also to $700,000. His total compensation was $1.41 million.
Tesla Motors, Inc. (NASDAQ:TSLA) has 0.10% insider ownership while its institutional ownership stands at 63.80%. In last trading activity company’s stock closed at $236.61. Tesla Motors, Inc. (NASDAQ:TSLA) acquired Riviera Tool LLC, a tool and die company based out of Michigan, for an undisclosed sum on the 7th of May.