On February 26, 2016, ION Geophysical Corporation (NYSE:IO) entered into an agreement (the “Support Agreement”) with certain holders of the Company’s Existing Notes (as defined below) (collectively, the “Supporting Noteholders”). A copy of the Support Agreement is attached hereto as Exhibit 10.1. The Supporting Noteholders and their respective affiliates, including certain private funds and accounts they manage, hold, in the aggregate, over two-thirds of the principal amount of the Company’s outstanding 8.125% Senior Secured Second Priority Notes due 2018 (the “Existing Notes”) issued pursuant to that certain Indenture, dated as of May 13, 2013, among the Company, Wilmington Trust, National Association, as trustee, U.S. Bank National Association, as collateral agent and the subsidiary guarantors named therein (the “Existing Notes Indenture”).
ION Geophysical Corporation (NYSE:IO) belongs to Basic Materials sector. Its net profit margin is -11.30% and weekly performance is 26.17%. On last trading day company shares ended up at $4.05. ION Geophysical Corporation (NYSE:IO) distance from 50-day simple moving average (SMA50) is -27.28%.
Altisource Portfolio Solutions SA (NASDAQ:ASPS) on Monday reported a loss of $53.1 million in its fourth quarter. On a per-share basis, the Grand Duchy Of Luxembourg, Luxembourg-based company said it had a loss of $2.76. Earnings, adjusted for asset impairment costs and non-recurring costs, were less than 1 cent on a per-share basis. The real estate services firm posted revenue of $251 million in the period.
Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) shares fell -28.40% in last trading session and ended the day at $19.16. ASPS Gross Margin is 32.40% and its return on assets is 11.10%. Altisource Portfolio Solutions S.A. (NASDAQ:ASPS) quarterly performance is -33.01%.
Career Education (NASDAQ: CECO) reported Q4 EPS of $2.08, $2.14 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $199.9 million versus the consensus estimate of $151.7 million.
On 01 March, Career Education Corp. (NASDAQ:CECO) shares moved up 29.37% and was closed at $3.26. CECO EPS growth in last 5 year was -21.70%. Career Education Corp. (NASDAQ:CECO) year to date (YTD) performance is -10.19%.
Trecora Resources (NYSE:TREC), a leading provider of high purity specialty hydrocarbons and waxes, is scheduled to present at the 28th Annual ROTH Conference at the Ritz-Carlton Laguna Niguel on Monday, March 14, 2016.
Trecora Resources (NYSE:TREC) ended the last trading day at $9.39. Company weekly volatility is calculated as 5.13% and price to cash ratio as 15.41. Trecora Resources (NYSE:TREC) showed a weekly performance of 5.62%.
Celsion Corporation (NASDAQ:CLSN), announced that the U.S. Patent and Trademark Office (USPTO) issued a key patent (U.S. Patent No. 9,254,334 B2) which provides broad intellectual property protection covering the therapeutic use of the Company’s proprietary TheraSilence™ lung-specific delivery system in a broad range of therapeutic entities, including the delivery of synthetically-generated inhibitory RNA (RNAi) such as small inhibitory RNAs (siRNAs), microRNAs, microRNA mimics, anti-microRNAs and related molecules that can regulate protein expression at the transcript level by exploiting endogenous cell mechanisms.
Celsion Corp. (NASDAQ:CLSN) shares moved up 4.07% in last trading session and ended the day at $1.28. CLSN return on assets is -39.10%. Celsion Corp. (NASDAQ:CLSN) quarterly performance is -37.25%.