On Thursday, Following Stocks were among the “Top 100 Gainers” of U.S. Stock Market: Diplomat Pharmacy, Inc. (NYSE:DPLO), Anadigics, Inc. (NASDAQ:ANAD), Warren Resources Inc. (NASDAQ:WRES), On Track Innovations Ltd. (NASDAQ:OTIV)
Diplomat Pharmacy, Inc. (NYSE:DPLO), with shares gained 14.10%, closed at $34.63, hitting new 52-week high of $35.
Anadigics, Inc. (NASDAQ:ANAD), with shares jumped 13.03%, settled at $1.35.
Warren Resources Inc. (NASDAQ:WRES), with shares climbed 10.99%, and closed at $1.03.
On Track Innovations Ltd. (NASDAQ:OTIV), surged 10.60%, and closed at $1.67.
Latest NEWS regarding these Stocks are depicted underneath:
Diplomat Pharmacy, Inc. (NYSE:DPLO)
Diplomat Pharmacy, Inc. (DPLO), declared the pricing of its follow-on public offering of 8,540,109 shares of ordinary stock at a price to the public of $29.00 per share. Diplomat is selling 5,540,109 shares of ordinary stock and certain shareholders of Diplomat are selling 3,000,000 shares of ordinary stock. The Corporation has granted the underwriters a 30-day option to purchase up to an additional 1,281,016 shares of ordinary stock. Diplomat will not receive any proceeds from shares of ordinary stock sold by the selling shareholders.
Credit Suisse Securities (USA) LLC and Morgan Stanley & Co. LLC are acting as lead book-running managers. Additional book-running managers are J.P. Morgan Securities LLC and Wells Fargo Securities, LLC. William Blair & Corporation, L.L.C., Leerink Partners LLC and Raymond James & Associates, Inc. are acting as co-managers.
Diplomat Pharmacy, Inc. operates as an independent specialty pharmacy in the United States. The corporation stocks, dispenses, and distributes prescriptions for various biotechnology and specialty pharmaceutical manufacturers.
Anadigics, Inc. (NASDAQ:ANAD)
Formerly on March 19, Anadigics, Inc. (ANAD), declared that the Corporation is shipping production volume of its AWL6153 power amplifier (PA) in support of DJI’s Phantom 2 Vision and Phantom 2 Vision+ drones. These feature-rich systems comprise a lightweight, multi-functional integrated aircraft and camera with advanced anti-vibration and stabilization capabilities. The Phantom 2 Vision and Phantom 2 Vision+ drones also comprise a range extender that raises WiFi distance to 300 meters and 700 meters, respectively. In both Phantom 2 Vision models, the drone and range extender each utilize two ANADIGICS AWL6153 power amplifiers for video transmission for a total of four PA devices per system.
The AWL6153 is part of ANADIGICS’ WiFi infrastructure power amplifier portfolio. It operates at 2.4 GHz and features excellent linearity, 30.5 dB of linear power gain, and less than 3% EVM at +25 dBm output power. This power amplifier also provides outstanding power efficiency and thermal performance enabling manufacturers to develop multi-power amplifier solutions that consume less power and are more thermally efficient. The AWL6153 is fully matched to 50 Ohms at both the RF input and output so no external matching circuits are required. It is offered in a compact 4 mm x 4 mm surface-mount package to manage heat dissipation while significantly reducing PCB space requirements.
ANADIGICS, Inc. designs, manufactures, and sells radio frequency (RF) semiconductor solutions for infrastructure and mobile communications, and data transmission markets. The corporation’s product portfolio comprises line amplifiers, reverse path amplifiers, front-end integrated circuits (FEICs), and power amplifiers (PAs).
Warren Resources Inc. (NASDAQ:WRES)
Formerly on March 11, Warren Resources Inc. (WRES), stated its fourth quarter and full-year 2014 financial and operating results.
For the quarter ended December 31, 2014, Warren produced about 9.1 net billion cubic feet of gas equivalent (“Bcfe”), an average of 98.6 million cubic feet of gas equivalent per day (“MMcfe/d”), a 175% raise over the 3.3 net Bcfe produced in the fourth quarter of 2013. Warren produced about 293,000 net barrels of oil in the fourth quarter of 2014, an average of 3,183 barrels of oil per day (“BO/d”), contrast to about 292,000 net barrels of oil in the fourth quarter of 2013. Natural gas production totaled about 7.3 net billion cubic feet (“Bcf”) of natural gas in the fourth quarter of 2014, an average of 79.5 million cubic feet per day (“MMcf/d”), contrast to about 1.6 net Bcf of natural gas in the fourth quarter of 2013. The growth in total production is primarily attributable to the Corporation’s recently attained Marcellus assets.
The average realized price per barrel of oil was $63.12 in the fourth quarter of 2014 contrast to $92.27 in the fourth quarter of 2013. The average realized price per thousand cubic feet (“Mcf”) of natural gas was $2.91 for the fourth quarter of 2014 contrast to $3.04 for the fourth quarter of 2013. These realized commodity prices exclude the effect of derivatives and hedging activities.
Warren’s oil and gas proceeds raised 25% to $39.8 million in the fourth quarter of 2014, contrast to $31.7 million in the fourth quarter of 2013. This primarily resulted from the raise in production volumes in the fourth quarter of 2014 contrast to the fourth quarter of 2013.
Warren Resources, Inc., an independent energy corporation, engages in the exploration, development, and production of domestic onshore crude oil and gas reserves. The corporation primarily focuses on the exploration and development of waterflood oil recovery projects in the Wilmington field within the Los Angeles Basin of California; Marcellus Shale project in northeastern Pennsylvania; and coalbed methane natural gas properties located in the Rocky Mountain region.
On Track Innovations Ltd. (NASDAQ:OTIV)
On Track Innovations Ltd. (OTIV), a global provider of near field communication (NFC) and cashless payment solutions, has received a favorable ruling by the U.S. District Court, Southern District of New York, that mobile phones sold by T-Mobile USA, Inc. which were enabled with NFC technology infringes oti’s U.S. Patent No. 6,045,043.
In the publicly issued order, the court stated: “On Track Innovation’s motion for summary judgment on infringement…is granted.” This order means that at trial, T-Mobile will not be allowed to challenge infringement of the patent and the jury will be instructed that T-Mobile infringes the patent.
“We are happy with this decision and are preparing for the next stage of this trial,” said oti America’s CEO, Dimitrios Angelis.
On Track Innovations Ltd. designs, develops, and markets cashless payment solutions. The corporation operates through three segments: Retail and Mass Transit, Petroleum, and Parking. Its products comprise WAVE that provides contactless payment and security capabilities to iPhone and Android mobile devices; WAVE PKI, a device-agnostic add-on for audio jacks of smartphones, tablets, and personal computers; oti Payment Insert, a bridge to contactless payment for MasterCard, Visa and other card associations, debit and credit, e-Purse, mass transit ticketing, e-coupons, and loyalty programs; near-field communication (NFC) and contactless reader solutions to payments point-of-sale providers; and oti Saturn 6500, a NFC and contactless reader.
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