Paragon Shipping Inc. (NASDAQ:PRGN) announced it has commenced an offer to exchange all properly delivered and accepted 8.375% senior notes due 2021 issued in $25.00 denominations with CUSIP number 69913R-507 (each a “Paragon Note” and collectively the “Paragon Notes”) for shares of common stock (the “Common Stock”) of Paragon (the “Exchange Offer”). Each holder of a Paragon Note (each a “Holder” and collectively the “Holders”) who validly delivers and does not withdraw all Paragon Notes held by such Holder shall receive 60 shares of Common Stock for each Paragon Note, which shall include any accrued and unpaid interest thereon.
Paragon Shipping Inc. (NASDAQ:PRGN) belongs to Services sector. Its weekly performance is -14.17%. On last trading day company shares ended up at $0.05.
DS Healthcare Group, Inc. (NASDAQ:DSKX) announced it signed a definitive agreement to acquire Radiancy, Inc., a leading developer of consumer medical devices and the Neova® dermatological products business from PhotoMedex, Inc., in a transaction structured in two reverse triangular mergers, with a non-dilutive provision. The board of directors of both companies have voted unanimously in favor of the transaction. The transaction is subject to customary closing conditions, including shareholder approval and regulatory approvals. Holders of approximately 24% of the common stock of DS Healthcare and approximately 17% of the common stock of PhotoMedex have agreed to vote their shares in favor of the merger, which is currently expected to close in the second quarter of 2016.
DS Healthcare Group, Inc. (NASDAQ:DSKX) shares fell -7.74% in last trading session and ended the day at $1.43. DSKX Gross Margin is 60.90% and its return on assets is -5.50%. DS Healthcare Group, Inc. (NASDAQ:DSKX) quarterly performance is -47.23%.
Forestar Group Inc. (NYSE:FOR) announced that it has rescheduled the release of fourth quarter and full year 2015 results from February 17 to March 2, 2016. The Company will hold a conference call on Wednesday, March 2 at 10:00 a.m. ET to discuss these results. The Company has rescheduled the call so it can provide additional information regarding previously announced key initiatives to reduce operating expenses, exit non-core assets and focus on creating value.
On 23 February, Forestar Group Inc. (NYSE:FOR) shares fell -1.85% and was closed at $9.00. FOR EPS growth in last 5 year was -28.30%. Forestar Group Inc. (NYSE:FOR) year to date (YTD) performance is -17.73%.
Ignyta, Inc. (NASDAQ: RXDX), announced plans to prioritize certain “core” pipeline programs that have generated the most promising data to date, and to deprioritize certain “non-core” pipeline programs that have either generated less promising data or fall outside of Ignyta’s focus on molecularly targeted therapies. This strategic positioning prioritizes key research and development activities, improves efficiencies and reduces operating expenses.
Ignyta, Inc. (NASDAQ:RXDX) ended the last trading day at $6.55. Company weekly volatility is calculated as 7.68% and price to cash ratio as 1.40. Ignyta, Inc. (NASDAQ:RXDX) showed a weekly performance of -9.28%.
The L.S. Starrett Company (NYSE:SCX) shares fell -1.71% in last trading session and ended the day at $9.19. SCX Gross Margin is 30.30% and its return on assets is 1.00%. The L.S. Starrett Company (NYSE:SCX) quarterly performance is -20.50%.