On Tuesday, Ruckus Wireless Inc (NYSE:RKUS)’s shares declined -5.55% to $10.22.
Ruckus Wireless Inc (RKUS) introduced a new Service Provider Wi-Fi solution for extending residential Wi-Fi services outside the home and addressing paying verticals counting SMB*, MDU* and campus type environments. The carrier-class solution will allow operators to offer centrally managed, coordinated service offerings to their customers and greatly improve their ROI on wireless infrastructure. It will also allow operators to extend their sphere of influence beyond the traditional boundaries of the home network, expanding the market for advanced services, new verticals and targeted advertising.
Ruckus Wireless, Inc. provides carrier-class Wi-Fi solutions to service providers and enterprises worldwide. It provides gateways, controllers, and access points with related software and services.
Zogenix, Inc. (NASDAQ:ZGNX)‘s shares dropped -5.41% to $1.40.
Zogenix, Inc. (ZGNX) declared that it will report its financial results for the first quarter ended March 31, 2015 after the market close, and will host a corporate update conference call and webcast on Monday, May 11, 2015 at 4:30pm Eastern Time.
Zogenix, Inc., a pharmaceutical company, develops and commercializes therapies for the treatment of central nervous system disorders in the United States. Its marketed product comprises Zohydro ER, an extended-release formulation of hydrocodone for the treatment of severe chronic pain.
At the end of Tuesday’s trade, ClubCorp Holdings Inc (NYSE:MYCC)‘s shares dipped -5.34% to $20.92.
ClubCorp Holdings Inc (MYCC) declared the pricing of a public offering of 12,000,000 shares of its common stock at $20.75 per share. This represents a 1,000,000 share enhance over the formerly declared offering size. The selling stockholder, an associate of KSL Capital Partners, LLC, is offering all 12,000,000 shares to be sold in the offering. The selling stockholder has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares at the public offering price, less underwriting discounts. The offering is predictable to close on May 11, 2015, subject to customary closing conditions.
ClubCorp Holdings, Inc., a membership-based leisure company, owns and operates golf, country, business, sports, and alumni clubs in North America. It operates in two segments, Golf and Country Clubs; and Business, Sports, and Alumni Clubs.
Stone Energy Corporation (NYSE:SGY), ended its Tuesday’s trading session with -5.32% loss, and closed at $15.48.
Stone Energy Corporation (SGY) declared financial and operational results for the first quarter of 2015. Some of the highlights comprise:
- Production volumes exceeded the upper end of first quarter 2015 guidance
- Cardona wells #4 and #5 continue to produce gross volumes of about 10,000 Boe per day
- Appalachian production volumes averaged over 130 MMcfe per day during the first quarter
Financial Results
Stone Energy had a first quarter 2015 adjusted net loss of $12.9 million, or $0.23 per share, before pre-tax impairment charges of $491.4 million ($314.5 million net of taxes). After impairment charges, the stated net loss was $327.4 million, or $5.93 per share, on oil and gas revenue of $148.2 million, contrast to net income of $25.9 million, or $0.52 per share, on oil and gas revenue of $222.6 million in the first quarter of 2014.
Stone Energy Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and operation of oil and gas properties in the Gulf of Mexico and the Appalachia region.
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