Zacks upgraded shares of Hercules Offshore, Inc. (NASDAQ:HERO) from a sell rating to a hold rating in a research note issued to investors on Friday. Hercules Offshore, Inc. (NASDAQ:HERO) belongs to Basic Materials sector. Its net profit margin is -64.40% and weekly performance is -47.07%. On last trading day company shares ended up $0.07. Hercules Offshore, Inc. (NASDAQ:HERO) distance from 50-day simple moving average (SMA50) is -79.95%.
Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) announced that its Board of Directors (the “Board”) has received an unsolicited preliminary non-binding proposal letter, dated August 1, 2015, from Mr. John C.K. Sham, President and Chief Executive Officer of the Company, and certain of his controlled or affiliated entities (collectively, the “Acquirer”), proposing a potential offer to acquire all of the outstanding common shares of the Company (the “Offer”) not already beneficially owned or controlled by the Acquirer for $8.75 in cash per share (“Shares”).Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) shares decreased -17.83% in last trading session and ended the day at $5.30. GAI Gross Margin is 6.30% and its return on assets is -6.30%. Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) quarterly performance is 32.50%.
Monsanto Company (NYSE:MON) announced that its Board of Directors declared a quarterly dividend on its common stock of 54 cents per share. The dividend relates to the company’s fourth quarter of its 2015 fiscal year and is payable on October 30, 2015, to shareowners of record on October 9, 2015.On 04 August, Monsanto Company (NYSE:MON) shares moved up 0.10% and was closed at $102.38. MON EPS growth in last 5 year was 6.80%. Monsanto Company (NYSE:MON) year to date (YTD) performance is -13.16%.
Westlake Chemical Corp. (NYSE:WLK) reported second quarter 2015 net income attributable to the Partnership of $10.4 million, or $0.39 per limited partner unit, and MLP distributable cash flow of $9.2 million. Net sales at Westlake Chemical OpCo LP (“OpCo”) for the period were $251.7 million. This represents an increase in net income of $1.9 million, or $0.08 per unit when compared to the first quarter of 2015. Westlake Chemical Corp. (NYSE:WLK) ended the last trading day at $65.55. Company weekly volatility is calculated as 3.46% and price to cash ratio as 9.21. Westlake Chemical Corp. (NYSE:WLK) showed a weekly performance of 5.73%.
Targacept, Inc. (NASDAQ:TRGT) announced that its board of directors has declared a pre-closing dividend, in connection with its merger with Catalyst Biosciences, Inc., of an aggregate cash amount of $19,500,000, which is approximately $0.5686 per share, and non-interest bearing, redeemable convertible notes with an aggregate principal amount of $37,000,000, which is approximately $1.079 per share. Targacept, Inc. (NASDAQ:TRGT) shares decreased -0.42% in last trading session and ended the day at $2.35. TRGT return on assets is -21.20%. Targacept, Inc. (NASDAQ:TRGT) quarterly performance is 1.29%.