On Thursday, in the course of Afternoon trade, Shares of Integra Lifesciences Holdings Corp (NASDAQ:IART), dropped -3.25%, and is now trading at $60.19.
Integra LifeSciences Holdings Corporation, declared that it has priced its formerly declared underwritten public offering of 3,300,000 shares of its common stock at $61.00 per share. In connection with the offering, Integra has also granted the underwriters a 30-day option to purchase an additional 495,000 shares of common stock. The offering is predictable to close on August 10, 2015, subject to customary closing conditions.
Integra intends to use the net proceeds from the offering, counting any net proceeds received from an exercise of the underwriters’ option to purchase additional shares, to reduce outstanding borrowings under Integra’s senior credit facility.
Integra LifeSciences Holdings Corporation develops, manufactures, and markets surgical implants and medical instruments for use in neurosurgery, extremity reconstruction, orthopedics, and general surgery.
During an Afternoon trade, Shares of Dana Holding Corporation (NYSE:DAN), dipped -1.13%, and is now trading at $18.45.
Dana Holding Corporation, declared it will take part in the 2015 J.P. Morgan Auto Conference on Tuesday, Aug. 11, 2015, in New York. Executive Vice President and Chief Financial Officer Bill Quigley will provide a brief overview of the company and answer questions for about 35 minutes, startning at 1:35 p.m. EDT.
Dana Holding Corporation manufactures and sells driveline, sealing, and thermal-administration products for vehicle manufacturers in North America, Europe, South America, and the Asia Pacific.
Shares of First Niagara Financial Group Inc. (NASDAQ:FNFG), during its Thursday’s current trading session fell -0.49%, and is now trading at $9.84.
First Niagara Commercial Finance, declared that it closed on a $43.5 million financing package to assist Pennsylvania-based U.S. Corrugated, Inc. expand its operations and open a new, state-of-the-art corrugated box plant in California. U.S. Corrugated manufactures and markets corrugated packaging products.
A unique syndication package for U.S. Corrugated, arranged by First Niagara’s Asset-Based Lending and Capital Markets teams, comprised of combining existing asset-based lending financing with term loans to support the Company’s plant expansion and refinancing of an existing lender relationship. The successful syndication involved financing commitments from two other banks.
First Niagara Financial Group, Inc. operates as the bank holding company for First Niagara Bank, N.A. that provides retail and commercial banking, and other financial services to individuals, families, and businesses.
Finally, Supernus Pharmaceuticals Inc (NASDAQ:SUPN), lost -3.12% Thursday.
Supernus Pharmaceuticals, stated financial results for the second quarter of 2015 and associated company developments.
“Strong growth in product prescriptions in the quarter reflects the solid underlying fundamentals of our epilepsy portfolio and an acceleration of sequential quarterly prescription growth contrast to the previous quarter,” said Jack Khattar, President and CEO of Supernus Pharmaceuticals.
Supernus Pharmaceuticals, Inc., a specialty pharmaceutical company, focuses on the development and commercialization of products for the treatment of central nervous system diseases in the United States.
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