Dallas, TX -- (SBWIRE) -- 03/15/2013 -- Marketbuzzreport.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:-
SS and C Technologies Holdings Inc(NASDAQ:SSNC) shares gained 5.23% and closed at $29.19. The company, on Mar. 19, announced a public offering of its common stock by selling stockholders. The aggregate size of the offering is 7.75 million common shares, with 6.5 shares offered by investment funds affiliated with The Carlyle Group and 1.25 million offered by William Stone, the company's chief executive officer. Upon closing, investment funds affiliated with The Carlyle Group will beneficially own about 18.85% of the common stock of SS&C Holdings, while Stone will beneficially own about 20.49%. The offering is expected to close and settle on March 19.
Get Latest News, Updates on SSNC Here
Affymax, Inc.(NASDAQ:AFFY) shares increased 5.15% to $3.06. Law Offices of Howard G. Smith on Mar. 13 announces that it is investigating potential claims against Affymax, Inc. concerning possible violations of federal securities laws. The investigation focuses on allegations that certain statements issued by Affymax between December 8, 2011 and January 2, 2013 were false and misleading regarding the Company's business and financial prospects.
Additonally, on Feb.26, the company issued a voluntary recall of its only drug, an anemia treatment that competes with Amgen's top-selling red blood cell booster, Epogen.
Is AFFY a Strong Buying Opportunity After The Recent Slump? Find out Here
Vishay Intertechnology(NYSE:VSH) shares increased 5.12% to $13.95 in the last trading session. The company, on Mar. 14, released the VACR, a series of compact aluminum-housed resistors with power ratings up to 500 W. The new devices will serve in industrial, motor drive, railway, renewable energy, and other high-power systems as braking, chopper, pre-discharging, and voltage-limiting resistors, among other applications.
Is VSH Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here
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