On Thursday, Shares of Medical Properties Trust Inc. (NYSE:MPW), lost -3.08% to $12.26, hitting its lowest level.
Medical Properties Trust declared that it has commenced an offering to sell 43,750,000 shares of its common stock in an underwritten public offering. The Company intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 6,562,500 shares of its common stock.
The Company intends to use the net proceeds from the offering to partially fund its formerly declared acquisition of Capella Holdings, Inc. (“Capella”). The offering is not conditioned upon the successful completion of the Capella acquisition. Pending closing of the Capella acquisition, the Company intends to use the net proceeds of this offering to reduce US dollar amounts outstanding under its revolving credit facility and invest the balance in short-term interest-bearing securities.
Goldman, Sachs & Co., J.P. Morgan, BofA Merrill Lynch, Barclays, Credit Agricole CIB, Credit Suisse Securities (USA) LLC and KeyBanc Capital Markets will act as joint book running managers for the offering.
Medical Properties Trust, Inc. operates as a real estate investment trust (REIT) in the United States. It acquires, develops, and invests in healthcare facilities; and leases healthcare facilities to healthcare operating companies and healthcare providers.
Shares of Mobileye N.V. (NYSE:MBLY), declined -0.57% to $59.11, during its last trading session.
Mobileye declared financial results for the quarter ended June 30, 2015.
Second Quarter 2015 Financial Highlights
- Revenue: Total revenue for the second quarter of 2015 was $52.8 million, an enhance of 57% contrast to $33.7 million in the preceding-year period. Within total revenue, original equipment manufacturing (OEM) revenue was $43.6 million, contrast to $28.8 million in the preceding-year period. After market (AM) revenue contributed the remaining $9.2 million of total revenue for the second quarter of 2015 contrast to $4.9 million in the preceding-year period.
- Net Income and Earnings per Share: GAAP net income for the second quarter of 2015 was $15.3 million, or $0.06 per diluted share. This compares to GAAP net income of $0.2 million or about breakeven on a per share basis for the second quarter of 2014. GAAP results comprised of share-based compensation expense of $8.4 million for the second quarter of 2015 and $11.0 million for the second quarter of 2014.
Mobileye N.V., together with its auxiliaries, designs and develops software and related technologies for camera-based advanced driver assistance systems primarily in Israel. It operates through two segments, Original Equipment Manufacturing and After Market.
Finally, The Interpublic Group of Companies, Inc. (NYSE:IPG), ended its last trade with -1.89% loss, and closed at $20.75.
The Interpublic Group of Companies will host the company`s annual IPG Inclusion Awards program in New York City. The event is sponsored by the IPG Multicultural Employee Resource Groups for Excellence (MERGE), and will honor agencies and individuals from IPG`s U.S. network that have shown leadership in advancing the company`s aim of being one of the world`s most diverse and inclusive companies.
Grammy-nominated comedian Tig Notaro will serve as the Master of Ceremonies and host. The awards program will comprise remarks from Michael Roth, IPG`s Chairman and CEO, and Heide Gardner, IPG`s SVP and Chief Diversity and Inclusion Officer. Hundreds of Interpublic agency and corporate employees are predictable to attend the live event in New York with more viewing the webcast in Austin, Boston, Chicago, El Segundo, Los Angeles, McClean, Philadelphia, Minneapolis, Washington, West Hollywood and Winston-Salem.
The Interpublic Group of Companies, Inc. provides advertising and marketing services. The company operates in two segments, Integrated Agency Networks and Constituency Administration Group. It offers consumer advertising, digital marketing, communications planning and media buying, public relations, and specialized communications disciplines.
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