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New York, NY -- (SBWIRE) -- 02/20/2013 -- Rite Aid Corporation (NYSE:RAD) provided an update on its formerly declared debt refinancing transactions that would extend the maturity of a portion of its outstanding obligation and lower interest expense. The refinancing of Rite Aid’s $1.039 billion Tranche 2 Term Loan due 2014 and a cash tender offer for Rite Aid’s $410.0 million aggregate principal amount of 9.750% Senior Secured Notes due 2016 with the profits of a new $1.125 billion first lien term loan.
Rite Aid Corporation (NYSE:RAD) gained +7.64% and closed at $1.69 in the last trading session with the overall traded volume of 15.38 million shares. RAD has market cap of 1.53 billion.
For How Long RAD’s Gloss will Attract Investors? Find out via this report
Yandex NV (NASDAQ:YNDX) declared its financial results for the fourth quarter and the full year ended December 31, 2012. Revenue for the 4th quarter surged 37% compared to the last year. Income from operations is $3.1 billion, 19% higher than the last year.
In the last trading session, Yandex NV (NASDAQ:YNDX) dropped -10.08% and closed at $23.01 with the total traded volume of 11.12 million shares. YNDX has earnings per share of $0.76 and its price to earnings ratio ended at 30.34.
Will YNDX Bounce Back After yesterday’s Sharp Sell off? Find Out Here
Hovnanian Enterprises, Inc. (NYSE:HOV) a leading national homebuilder, declared that senior management will be presenting at the J.P. Morgan Global High Yield & Leveraged Finance Conference on Tuesday, February 26, 2013 at 2:00 p.m. ET.
In the last trading session, Hovnanian Enterprises, Inc. (NYSE:HOV) slipped -4.32% to close at $5.76 and its total traded volume was 9.71 million shares. HOV has market cap of 799.65 million.
Is it the Right to Grab HOV after the Recent Slump? Get Free Trend Analysis Here
Walter Energy, Inc. (NYSE:WLT) surged +5.38% with the closing price of $39.96. The overall volume in the last trading session was 7.03 million shares. Its fifty two week range was $28.01-$69.41. The total market capitalization remained $2.50 billion.
WLT is ahead its 52 week low with 43.12% and its last month price volatility remained 5.50%. Its beta coefficient was 1.96 with a target price of $42.15. In its share capital WLT has 62.52 million outstanding shares while 62.17 million shares have been floated in market. WLT has insider ownership of 0.58% with its institutional ownership remained 99.05%.
What was the Moving Force behind WLT On Bullish Run? Read This Research Report
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