Want to join the conversation?
$EGN said it launched an underwritten public offering of 12MM shares of its common stock, subject to market and other conditions. The underwriter will have a 30-day option to purchase up to 1,800,000 additional shares from $EGN. The company intends to use the net proceeds from the offering to repay borrowings under its credit facility.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?