Hello, Guest
Login
Sign Up
 
 

After-Hours Top Losers: Vera Bradley, Iconix Brand Group, E TRADE Financial Corporation, SS and C Technologies Holdings

 
 
Repost This

Lakeway, NY -- (SBWIRE) -- 03/14/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Vera Bradley, Inc. (NASDAQ:VRA) went down 6.39% to $23.30 in the pre-market trading hours. The Company reported fourth quarter profit of $25.12 million or $0.62 per share from $20.10 million or $0.50 per share last year. The analysts polled by Thomson Reuters expected earnings of $0.57 per share for the quarter. The revenues rose 21% to $162.56 million. Analysts expected revenues of $153.18 million for the quarter.

Get Latest News, Updates on VRA Here

Iconix Brand Group Inc. (NASDAQ:ICON) closed at $24.31. The Company announced the pricing of its private offering of $350 million aggregate principal amount of 1.50% Convertible Senior Subordinated Notes due 2018 which was upsized from the previously announced $325 million offering, to be sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. The offering is expected to close on March 18, 2013, subject to customary closing conditions.

Is ICON a Strong Buying Opportunity After The Recent Gain? Find out Here

E TRADE Financial Corporation (NASDAQ:ETFC) slipped 5.58% to $11.16 in the pre-market trading hours. The Company announced that Citadel Equity Fund Ltd. plans to offer 27,394,448 shares of E*TRADE's common stock in an underwritten offering. The closing of the offering is expected to occur on or about March 19, 2013, subject to customary closing conditions. E*TRADE will not receive any proceeds from the sale of common stock by the selling stockholders in the offering, and its total number of common shares outstanding will not change as a result of the offering.

Is ETFC Signaling a Buy After The Solid gain? Don’t Miss Out Free Trend Analysis Here

SS and C Technologies Holdings Inc. (NASDAQ:SSNC) went down 1.95% to $27.20 in the pre-market trading hours. The Company announced the pricing of the previously announced public secondary offering of 7,750,000 shares of its common stock by investment funds affiliated with The Carlyle Group and William C. Stone, the company's chairman and chief executive officer, at a price to the public of $26.00 per share. Upon completion of the offering, investment funds affiliated with The Carlyle Group will beneficially own approximately 18.85% of the common stock of SS&C Holdings and Mr. Stone will beneficially own approximately 20.49% of the common stock of SS&C Holdings. The offering is expected to close and settle on March 19, 2013, subject to customary closing conditions.

Is SSNC a Strong Buying Opportunity After The Recent Surge? Get Free Trend Analysis Here

About ThePennyStockProfiler.com
ThePennyStockProfiler.com is engaged in providing the most up to date and useful information on Microcap Stocks poised to breakout. ThePennyStockProfiler.com also provides investors with trend analysis, detailed company profiles, and most importantly a much needed "informational edge" which can be used as a tool for making investment decisions. To Receive Instant updates in the inbox, readers are advised to sign up for free at http://www.ThePennyStockProfiler.com

Disclaimer
The assembled information disseminated by ThePennyStockProfiler.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. ThePennyStockProfiler.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.