Gol Linhas Aereas Inteligentes Releases November Preliminary Air Traffic Data

Gol Linhas Aereas Inteligentes Releases November Preliminary Air Traffic Data

Gol Linhas Aereas Inteligentes S.A, Brazil’s largest air transportation and travel services group released its preliminary air traffic figures for November. Shares are more than 5% higher. The volume of departures in the total system were down 19.4%, while the number of seats recorded a 19% decline in November. In the first eleven months of 2016, these indicators fell by 17.0% and 16.7% respectively. In the domestic market, the company […]

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Ongoing Gains for Financial Help Ignite Wednesday Rally for Broader Markets

Ongoing Gains for Financial Help Ignite Wednesday Rally for Broader Markets

Another big day for financial stocks today, with the NYSE Financial Sector Index climbing more 1.4% while financial companies in the S&P 500 Index added over 1.3% in value. In company news, Square Inc. (SQ) shares rose Wednesday after the payments processing company today said it has completed its acquisition of Main Line Delivery, a service company that takes diner orders for delivery from restaurants in the Main Line area […]

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Perceptive Advisor Increases Ownership in VBI Vaccines

Perceptive Advisor Increases Ownership in VBI Vaccines

VBI Vaccines has raised $23.6 million in concurrent equity and financing transactions with Perceptive Advisors. Under the terms of the equity financing, VBI sold an aggregate of 3.5 million of its common shares at a price of $3.05 per share in a private placement to Perceptive Advisors, for total gross proceeds of approximately $10.6 million . Additionally, Perceptive Advisors increased its current credit agreement with VBI by funding an additional […]

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Matador Resources to Sell 5 Million Shares

Matador Resources to Sell 5 Million Shares

Matador Resources Company, an independent energy company, started an underwritten public offering of 5 million shares of its common stock. Also on Monday, Matador said it seeks to offer $150 million of its 6.875% senior notes due 2023 in a private placement to eligible purchasers. The additional notes are being offered as additional notes to Matador’s existing $400 million of 6.875% senior notes due 2023 that Matador issued in a […]

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Asian ADRs Move Higher in Friday Trading

Asian ADRs Move Higher in Friday Trading

American depository receipts of Asian stocks were trading 0.41% higher at 143.12 on the Bank of New York Mellon Asia ADR Index on Friday. In North Asia, the gainers were led by bank holding company Mitsubishi UFJ Financial (MTU), and financial services firm Nomura (NMR), which rose 5.3% and 4.2% respectively. They followed by healthcare group Hutchison China Meditech (HCM), up 3.5%, and financial holding company Mizuho Financial (MFG), higher […]

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