On Thursday, Energizer Holdings Inc (NYSE:ENR)’s shares declined -0.56% to $40.79.
Energizer, the leading name in batteries, has selected StayinFront, a global leader in mobile SaaS retail execution solutions, to rapidly deploy a cloud-based field force and analytics solution to its Canadian field operations.
Energizer will equip its field team with StayinFront TouchCG®, a mobile field force application with advanced capabilities for multi-location audits, branch-logic surveys, photo administration and in-store selling. TouchCG will give Energizer sales reps the ability to do more, know more and sell more by enabling them to complete merchandising tasks more efficiently, gather detailed and accurate store-level data and drive more sales with pre-bookings and supplemental orders.
Energizer Holdings, Inc. manufactures and markets primary batteries and portable lighting products under the Energizer and EVEREADY brands worldwide. The company offers lithium, performance alkaline, alkaline, carbon zinc, silver zinc, zinc air, nickel metal hydride, nickel cadmium, and lithium ion batteries; and hearing aid, photo, and specialty batteries, in addition to battery chargers.
EnteroMedics Inc (NASDAQ:ETRM)’s shares dropped -6.33% to $0.235.
EnteroMedics Inc. (ETRM), a developer and manufacturer of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders, recently declared the closing of its formerly declared public offering of 32,000,000 units (the “Offering”) generating net proceeds of about US$14.7 million, with each unit compriseing of one share of common stock and one Series A warrant to purchase one share of common stock at a purchase price of $0.50 per unit. Investors whose purchase of units in the offering would result in them beneficially owning more than the initial beneficial ownership limitation to be comprised of in the warrants following the consummation of the offering will have the opportunity to acquire units with Series C pre-funded warrants substituted for any common stock they would have otherwise attained over the initial beneficial ownership limitation, paying the same price of $0.50 per unit. The Series A warrants will be exercisable right away and will expire 42 months after their date of issuance at an exercise price of $0.60 per share. The pre-funded Series C warrants will be exercisable right away and will expire five years following issuance.
Canaccord Genuity acted as sole book-running manager and Craig-Hallum Capital Group acted as co-manager for the offering. Northland Securities and Roth Capital Partners served as financial advisors to the Company in connection with this transaction.
EnteroMedics Inc., a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. The company’s proprietary neuroblocking technology is designed to intermittently block the vagus nerve using electrical impulses. It develops the Maestro Rechargeable System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness.
At the end of Thursday’s trade, RLJ Lodging Trust (NYSE:RLJ)‘s shares surged 0.14% to $28.98.
RLJ Lodging Trust ( RLJ ) stated results for the three and six months ended June 30, 2015.
Highlights
- Pro forma RevPAR raised 5.0%, Pro forma ADR raised 6.4%, and Pro forma Occupancy reduced 1.3%.
- Pro forma RevPAR raised 8.6% not taking into account New York and Houston.
- Pro forma Hotel EBITDA Margin raised 32 bps to 39.3%; 135 bps not taking into account New York and Houston.
- Pro forma Merged Hotel EBITDA raised 7.6% to $116.5 million.
- Adjusted FFO raised 4.7% to $98.1 million.
- Repurchased 2.0 million shares for $59.8 million.
RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels. RLJ Lodging Trust was launched in 2000 and is domiciled in Bethesda, Maryland..
Jacobs Engineering Group Inc (NYSE:JEC), ended its Thursday’s trading session with -0.84% loss, and closed at $43.79.
Jacobs Engineering Group Inc. (JEC) declared that it was awarded a five-year, multiple use contract by Suncor Energy Services Inc. for turnaround services at Suncor facilities located in the Wood Buffalo region of Alberta, Canada.
Under the terms of the contract, Jacobs may provide pre-work, execution and post-work for turnaround events during planned outages at Suncor facilities. Turnaround services to be offered under this contract comprise mechanical, piping and support services.
Jacobs Engineering Group Inc. provides technical, professional, and construction services to various industrial, commercial, and governmental clients. It offers project services that comprise engineering, design, architectural, interiors, planning, environmental, and other services; and process, scientific, and systems consulting services, counting services performed in connection with scientific testing, analysis, and consulting activities, in addition to information technology, and systems engineering and integration activities.
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