Horizon Global Prices Offering of Equity

Horizon Global Prices Offering of Equity

Horizon Global was modestly higher in recent pre-market trade after pricing public offerings of 4 million common shares, or up to 4.6 million shares if underwriters exercise their option to buy additional shares in full, and $110 million in convertible senior notes due 2022. The common shares will be sold for $18.50 apiece. On the other hand, the notes will pay an interest of 2.75% per annum and are convertible […]

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Colgate-Palmolive Q4 Profit Meets Street Mark, Revenues Miss

Colgate-Palmolive Q4 Profit Meets Street Mark, Revenues Miss

Colgate-Palmolive Company shares were lower 1% in recent pre-market trade after the consumer products company reported Friday Q4 adjusted net profit of $0.75 per share, up from $0.73 per share in the prior year period and came in line with the Street estimate provided by Capital IQ. Net sales were $3.72 billion, down from $3.90 billion reported for the same period last year and came in lower than the $3.86 […]

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