Alcentra Capital Prices Offering of Common Stock

Alcentra Capital Prices Offering of Common Stock

Alcentra Capital fell in morning trading on Wednesday after the specialty finance company priced an underwritten primary offering of 808,161 shares of its common stock and a concurrent underwritten secondary offering of 1.7 million shares on behalf of Alcentra NY, the company’s investment adviser, and another selling stockholder at a public offering price of $13.68 per share, 2.5% below the share closing price on Tuesday. Shares fell 3.4% to $13.56 […]

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Middle East Shares Mostly Higher

Middle East Shares Mostly Higher

MidEast stocks mostly gained, with Saudi stocks firming on Q1 results. Saudi Electricity said it swung to a net profit of 4.94 billion riyals in Q1. Saudi Cement said profits fell by about a third from the year-ago level but were mostly in line with analysts’ expectations. Al Khodari swung to a net loss of 17.8 million riyals from a net profit of 2.2 million riyals in same period last […]

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European ADRs Move Lower

European ADRs Move Lower

American depository receipts of European stocks were 0.6% lower at 132.93 on the Bank of New York Mellon Europe ADR Index on Monday morning. Decliners in Continental Europe were led by Credit Suisse (CS), a Swiss financial services company, 6.9% lower, followed by Cellectis (CLLS), a French genome engineering company, down by 5.4% and Trivago (TRVG), which operates an online hotel search platform, 3.8% lower. Nabriva Therapeutics (NBRV), an Austria-based […]

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Ameresco Wins Energy Savings Performance Contract

Ameresco Wins Energy Savings Performance Contract

Ameresco shares rose to a new 22-month high Friday morning as the provider of energy services said that it won an energy savings performance contract from the U.S. Department of Energy. The company is one of 21 awardees of the $55 billion program to develop new energy and water savings projects for federal facilities. The contract has a one-year base ordering period of five years and one 18-month option period. […]

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European ADRs Slightly Higher

European ADRs Slightly Higher

American depository receipts of European stocks were 0.1% higher at 129.79 on the Bank of New York Mellon Europe ADR Index on Monday morning. Gainers in Continental Europe were led by Trivago (TRVG), which operates an online hotel search platform, 6.8% higher, followed by Oasmia Pharmaceuticals (OASM), a Sweden-based pharmaceutical company, up by 2.4% and Grifols (GRFS), a Spanish company engaged in the healthcare sector, 1.8% higher. Cellectis (CLLS), a […]

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