On Friday, Shares of The Habit Restaurants, Inc. (NASDAQ:HABT), gained 6.19% to $35.17.
The Habit Restaurants, declared that it will be presenting at the following investor conferences:
On Tuesday, May 5, 2015, The Habit will be presenting at the Baird 2015 Growth Stock Conference at the Four Seasons Hotel in Chicago, IL. The presentation will start at 9:35 a.m. Eastern Time.
On Wednesday, June 3, 2015, The Habit will be presenting at the Stephens Spring Investment Conference at the New York Palace Hotel in New York, NY. The presentation will start at 9:00 a.m. Eastern Time.
The Habit Restaurants, Inc. operates fast casual restaurants under The Habit Burger Grill name in California, Arizona, Utah, and New Jersey. The company offers charbroiled hamburgers, specialty sandwiches, fresh salads, and shakes and malts. As of December 30, 2014, it operated 109 fast casual restaurants.
At the end of Friday’s trade, Shares of Westinghouse Air Brake Technologies Corporation (NYSE:WAB), jumped 6.14% to $99.82.
Westinghouse Air Brake Technologies, declared its regular quarterly dividend of 6 cents per share, payable on May 29, 2015 to holders of record on May 15, 2015.
Westinghouse Air Brake Technologies Corporation, doing business as Wabtec Corporation, provides technology-based products and services for the freight rail and passenger transit industries worldwide.
YY Inc. (NASDAQ:YY), ended its last trade with 5.93% gain, and closed at $67.33.
YY, declared that it plans to release its first quarter 2015 financial results on Monday, May 11, 2015 after market close. The Company will hold a conference call on Monday, May 11, 2015 at 9:00 pm Eastern Time or Tuesday, May 12, 2015 at 9:00 am Beijing Time to talk about the financial results.
YY Inc., through its auxiliaries, operates an online social platform in the Peoples Republic of China. It engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices; and enables users to create and organize groups of various sizes to discover and take part in a range of online activities, counting music shows, online games, dating shows, live games broadcasting, and e-learning.
Finally, MaxLinear, Inc. (NYSE:MXL), closed at $9.03, with 5.86% gain.
MaxLinear, declared that it has accomplished its formerly declared acquisition of Entropic Communications, Inc.
As part of the merger agreement, Entropic stockholders will receive (i) $1.20 per share in cash and (ii) 0.2200 of a share of MaxLinear Class A Common Stock for each Entropic common share outstanding right away preceding to the effective time of the merger. MaxLinear paid about $111 million in cash and issued about 20.4 million shares of common stock in connection with the acquisition. Right away following completion of the merger, existing holders of MaxLinear capital stock will hold about 65% and former Entropic stockholders will hold about 35% of MaxLinear’s outstanding capital stock.
The acquisition will add noteworthy scale to MaxLinear’s analog/mixed-signal business, expanding its addressable market and enhancing the planned value of MaxLinear’s offerings to its broadband and access partners, OEM customers, and service providers. MaxLinear sees immediate cross-selling opportunities and longer-term platform integration opportunities with Entropic’s leading MoCA technology.
Together with broadening MaxLinear’s presence in its existing markets, Entropic adds immediate scale and deep customer relationships in MaxLinear’s most recent growth area of the satellite Pay-TV market. Entropic’s design talents and portfolio of about 1,500 issued and pending patents are highly complementary, and MaxLinear is uniquely positioned to capitalize on these assets.
MaxLinear, Inc. provides integrated, radio-frequency (RF) and mixed-signal circuits for broadband communication and data center, metro, and long-haul transport network applications worldwide. The company offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications.
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