Orlando, FL -- (SBWIRE) -- 10/30/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On BankUnited (NYSE:BKU), Cole Real Estate Investments Inc (NYSE:COLE).
BankUnited (NYSE:BKU) shares fell 2.24% to $30.52. The company on Oct. 28 announced the pricing of an underwritten offering of 9,000,000 shares of its common stock by certain of its existing stockholders (collectively, the "Selling Stockholders") at $30.75 per share.
The Company will not receive any proceeds from the offering. In connection with the offering, the underwriters have a 30-day option to purchase an additional 1,350,000 shares in the offering from the Selling Stockholders. The offering is being made pursuant to a registration statement on Form S-3 filed with the Securities and Exchange Commission on March 6, 2013.
Are investors worried about the recent updates with BKU? Find out with a free trend analysis HERE
Cole Real Estate Investments Inc (NYSE:COLE) shares gained 0.69% to $14.54. Rigrodsky & Long, P.A. on Oct. 29 announces that it is investigating potential legal claims against the board of directors of Cole Real Estate Investments, Inc. ("Cole" or the "Company") (COLE) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by American Realty Capital Properties, Inc. ("ARCP") (NASDAQ GS: ARCP) in a transaction valued at approximately $11.2 billion.
Additionally, the company plans to release its financial results for the third quarter on Tuesday, November 5, 2013( )before market open, and will host an audio webcast that day at 10:00 a.m. ET.
Is COLE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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