On Tuesday, Home Loan Servicing Solutions Ltd (NASDAQ:HLSS)’s shares gained 18.17% to $0.670.
Home Loan Servicing Solutions Ltd (HLSS) As revealed on April 10, 2015, HLSS intends to pay a liquidating distribution in the aggregate amount of about $1.2 billion, or $16.613 per share (the “Distribution Amount”), on April 27, 2015. Following the payment of the Distribution Amount, HLSS intends to file a proxy statement in connection with a projected merger of HLSS with a partner of New Residential Investment Corp. (“New Residential”). Upon the consummation of the projected merger, holders of ordinary shares of the Company at the effective time of the merger will receive an aggregate of about $50 million, or $0.704059 per share, and all shares of HLSS will automatically be cancelled.
Home Loan Servicing Solutions, Ltd., together with its auxiliaries, focuses on acquiring assets related to residential mortgages. The company was founded in 2010 and is based in George Town, the Cayman Islands. As of April 6, 2015, Home Loan Servicing Solutions, Ltd. operates as a partner of New Residential Investment Corp.
UniPixel Inc (NASDAQ:UNXL)’s shares dropped -36.19% to $3.72.
UniPixel Inc (UNXL) has attained, through its wholly owned partner, Uni-Pixel Displays, Inc., the assets of Atmel Corporation’s (NASDAQ: ATML) XSense® touch sensors group, and has conpresently reached patent and intellectual property licenses with Atmel, exclusive for a period of two years, for the use of XSense-related technologies.
UniPixel also has attained separate licenses for fine line technology from Atmel’s partner, CIT Technology Limited, a wholly owned partner of Carclo plc (LSE: CAR). The licenses with CIT Technology as to the products covered by the patents and intellectual property being licensed are also exclusive for a period of two years.
Uni-Pixel, Inc., a pre-production stage company, engages in developing performance engineered film (PEF) products for the display, touch screen, and flexible electronics market segments in the United States.
At the end of Tuesday’s trade, MDC Partners Inc (NASDAQ:MDCA)‘s shares dipped -27.81% to $20.20.
MDC Partners Inc (MDCA) declared that its Board of Directors has declared a cash dividend of $0.21 per share on all of its outstanding Class A shares and Class B shares. The quarterly dividend will be payable on or about May 22, 2015 to shareholders of record at the close of business on May 8, 2015.
MDC Partners Inc. provides marketing, activation and communications, and consulting solutions and services worldwide. It operates through two segments, Planned Marketing Services and Performance Marketing Services.
Tata Consultancy Services Limited (NSE:TCS), ended its Tuesday’s trading session with -0.40% loss, and closed at $2,484.55.
Tata Consultancy Services Limited (TCS) declared financial results for the fourth quarter and fiscal year 2014 ended February 28, 2015.
- Adjusted net income was $11.8 million or $0.24 per adjusted diluted common share for the fourth quarter of fiscal 2014 contrast to $10.7 million or $0.22 per adjusted diluted common share for the fourth quarter of fiscal 2013. For full fiscal year 2014, adjusted net income was $16.5 million or $0.34 per adjusted diluted common share contrast to $16.4 million or $0.33 per adjusted diluted common share in fiscal 2013 (see GAAP/Non-GAAP reconciliation table).
- Adjusted EBITDA was $31.3 million for the fourth quarter of fiscal 2014 contrast to $29.3 million for the fourth quarter of fiscal 2013. Adjusted EBITDA was $88.2 million in the full fiscal year 2014 contrast to $86.1 million in fiscal 2013 (see GAAP/Non-GAAP reconciliation table).
- Net sales were $224.3 million for the fourth quarter of fiscal 2014. Net sales for the full fiscal year 2014 were $781.9 million.
The Container Store Group, Inc. is engaged in the retailing of storage and organization products in the United States. It operates in two segments, TCS and Elfa. The company’s retail stores provide various lifestyle products, counting bath, box, closets, collections, containers, food storage, gift packaging, hooks, kitchen, office, shelving, storage, trash, and travel, in addition to its Elfa products.
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