On Friday, Shares of Cypress Semiconductor Corporation (NASDAQ:CY), lost -0.53% to $13.07.
Integrated Silicon Solution, Inc. (ISSI) acknowledged the receipt of an unsolicited offer from Cypress Semiconductor Corporation (CY) to acquire all of the outstanding common stock of ISSI for $19.75 per share in cash.
As previously announced, ISSI entered into an Agreement and Plan of Merger dated as of March 12, 2015 with Uphill Investment Co., pursuant to which Uphill agreed to acquire all of the outstanding common stock of ISSI for $19.25 per share in cash.
Cypress Semiconductor Corporation provides mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions worldwide. The company’s Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile RAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems; and general-purpose programmable clocks.
Shares of Vanda Pharmaceuticals Inc. (NASDAQ:VNDA), inclined 0.91% to $10.01, during its last trading session.
Vanda Pharmaceuticals Inc. (NASDAQ:VNDA), announced financial and operational results for the first quarter ended March 31, 2015.
“The first quarter of 2015 was a record quarter for product sales driven by HETLIOZ and Fanapt. As we are just at the beginning of accessing the 80,000 Non-24 patients in the U.S., the growth potential for HETLIOZ remains ahead. Similarly, the expanded patent exclusivity for Fanapt underscores the growth potential of this product through the coming decade and beyond. We are looking to further drive revenue growth through both geographic expansion and the disciplined life cycle management of our commercial products.” said Mihael H. Polymeropoulos M.D., Vanda’s President and CEO.
Vanda Pharmaceuticals Inc., a biopharmaceutical company, focuses on the development and commercialization of products for the treatment of central nervous system disorders. The company’s products include HETLIOZ, a product for the treatment of non-24-hour sleep-wake disorder; and Fanapt, a product for the treatment of schizophrenia.
At the end of Friday’s trade, Shares of Northern Oil & Gas, Inc. (NYSEMKT:NOG), gained 3.01% to $6.85.
Northern Oil & Gas, Inc. (NYSEMKT:NOG), announced that it priced its private offering to eligible purchasers of $200 million in aggregate principal amount of its 8.000% senior notes due 2020 at an offering price equal to 95.000% of par. The notes will be Northern Oil’s general unsecured obligations. Northern Oil intends to use the net proceeds of approximately $184.9 million, after deducting initial purchasers’ discounts and offering expenses, to repay borrowings outstanding under its revolving credit facility and for other general corporate purposes. The offering is expected to close on May 18, 2015, subject to the satisfaction of customary closing conditions.
Northern Oil and Gas, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas properties in the United States. It primarily holds interest in the Bakken and Three Forks formations in the Williston Basin of North Dakota and Montana.
Finally, Dollar General Corp.(NYSE:DG), ended its last trade with 1.70% gain, and closed at $74.71.
On Friday’s morning, the Dollar General Literacy Foundation awarded more than $5.8 million in grants to support adult, family and summer literacy programs to approximately 720 schools, nonprofits and literacy organizations across the 43 states Dollar General (DG) serves. Friday’s grant announcements bring the total impact of the Dollar General Literacy Foundation to more than $100 million in donations and grants to help nearly six million people improve their lives through literacy and education since the foundation’s inception in 1993.
“It is exciting to see the impact grants from the Dollar General Literacy Foundation make throughout the country, especially as we cross the $100 million threshold in overall donations and the difference it has made to nearly six million people,” said Rick Dreiling, Dollar General’s chairman and CEO. “The Dollar General Literacy Foundation truly embodies the company’s mission of Serving Others throughout the communities we serve.”
Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. The company offers consumable products, including paper and cleaning products comprising paper towels, bath tissues, paper dinnerware, trash and storage bags, and laundry and other home cleaning supplies.
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