Hot News: Summit Materials, Inc. (NYSE:SUM), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX), Tesla Motors Inc (NASDAQ:TSLA), Yandex (NASDAQ:YNDX), China Mobile Games and Entertainment (NASDAQ:CMGE)

Summit Materials, Inc. (NYSE:SUM) announced the pricing of the previously announced offering of 19,500,000 shares of its Class A common stock at a price to the public of $25.75 per share. The offering was upsized from 17,500,000 shares to 19,500,000 shares. Summit has granted the underwriters a 30-day option to purchase up to an additional 2,925,000 shares of Class A common stock. The offering is expected to close on August 11, 2015, subject to customary closing conditions. Summit Materials, Inc. (NYSE:SUM) belongs to Industrial Goods sector. Its net profit margin is -2.90% and weekly performance is 0.51%. On last trading day company shares ended up $25.75. Summit Materials, Inc. (NYSE:SUM) distance from 50-day simple moving average (SMA50) is -1.22%.

BioCryst Pharmaceuticals (NASDAQ:BCRX) will be posting its Q215 quarterly earnings results on August 7th. Analysts expect BioCryst Pharmaceuticals to post earnings of ($0.22) per share and revenue of $7.10 million for the quarter.BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) shares moved down -4.10% in last trading session and ended the day at $14.27. BCRX Gross Margin is 100.00% and its return on assets is -36.80%. BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) quarterly performance is 51.01%.

Even as Tesla Motors Inc (NASDAQ:TSLA) painted a better-than-expected financial picture in announcing its second-quarter earnings on Wednesday, it warned of fewer car deliveries for the year, sending the stock tumbling. On the positive side, Tesla said it had brought in slightly more revenue, and had less of a net loss, than analysts had expected. In addition, Tesla, which makes high-end electric cars, said the first deliveries of the much-awaited Model X sport utility vehicle were on track for September. Tesla Motors Inc (NASDAQ:TSLA) shares decreased -8.88% in last trading session and ended the day at $246.13. TSLA Gross Margin is 28.00% and its return on assets is -8.00%. Tesla Motors Inc (NASDAQ:TSLA) quarterly performance is 3.94%.

Russia’s most popular search engine Yandex N.V. (NASDAQ:YNDX) said Thursday its second-quarter net profit dropped 82% from a year earlier, driven by a “challenging economic environment,” a sign that even the usually robust tech industry here is being buffered by a worsening economic and political environment in Russia. With the Russian economy having decreased by 1.9% in the first quarter and projected to shrink further in 2015, many companies are struggling, and Internet firms are no exception. Yandex N.V. (NASDAQ:YNDX) ended the last trading day at $13.31. Company weekly volatility is calculated as 3.64% and price to cash ratio as 9.56. Yandex N.V. (NASDAQ:YNDX) showed a weekly performance of -7.44%.

China Mobile Games and Entertainment Group Limited (NASDAQ:CMGE), announced that, at an extraordinary general meeting held today, the Company’s shareholders voted in favor of, among others, the proposal to authorize and approve the previously announced agreement and plan of merger (the “merger agreement”) dated June 9, 2015 and among Pegasus Investment Holdings Limited (“Parent”), Pegasus Merger Sub Limited (“Merger Sub”) and the Company, pursuant to which Merger Sub will be merged with and into the Company with the Company continuing as the surviving company as a wholly-owned subsidiary of Parent after the merger (the “merger”), and to authorize and approve any and all transactions contemplated by the merger agreement, including the merger. China Mobile Games and Entertainment Group Limited (NASDAQ:CMGE) shares remains unchanged in last trading session and ended the day at $21.65. CMGE Gross Margin is 61.80% and its return on assets is 12.20%. China Mobile Games and Entertainment Group Limited (NASDAQ:CMGE) quarterly performance is 12.06%.

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