News Reality

Investors Land OCLR Even Cheaper Than Its Secondary Stock Offering

by www.forbes.com
Looking back to 20 days ago, Oclaro Inc. (NASD: OCLR) priced a 15,000,000 share secondary stock offering at $8.35 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Tuesday, bargain hunters could buy shares of OCLR and achieve a cost basis 1.4% cheaper than those buyers, with shares changing hands as low as $8.23 per share.
Read Full Article On www.forbes.com
Latest
The public issue is expected to raise Rs 500 crore, according to sources
Russia and other key exporters outside OPEC have said they will also cut output
BSE's IPO of shares next week may raise as much as Rs 1,243 crore for its investors
The market is now looking at support in the 8,250-8,300 range and it is facing resistance at 8,450
When looking at fund returns, avoid looking at just the past 12 months' performance
Rise of 141% in international prices helped Coal India raise the rates of coking coal
The December exit of Chitra Ramkrishna seems to have hit the 'undo' button on this reshuffle
Trading in other derivative products in currency, commodities expected to begin soon
Malaysian palm oil futures on BMD were higher on Monday, helped by improving export demand and strong commodity prices due to tight supplies. Stronger Malaysian exports for the first half of January,
The 30-share Sensex ended at 27,288, up 50 points, or 0.18 per cent
Don't panic, capitalists! Communism will save you.
Sanjay Mookim remains positive on India and expects Sensex earnings to grow by 12-14% in FY18-19
Initiatives such as diversification into new businesses support the investment rationale
The sales of agri inputs have jumped by 10-15% this year on rising consumption from farmers
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
Swiss brokerage UBS joins European banking peer HSBC in shutting down its offshore derivative business
However, margins may not sustain amid rising competition and stable bond yields
Despite strong global cues, soy oil in Indore mandis ruled stable on slack and subdued demand with soy refined in Indore mandis being quoted at ?728-30, while soy solvent ruled at ?695-700. Compared
Small cardamom prices remained unchanged last week at auctions held in Kerala and Tamil Nadu. The matching demand and supply during the week has been attributed to the steady market trend. Harvest...
Impact of the cycle could be neutralised by positive Indian Ocean Dipole
The Aluminium futures contract traded on the Multi Commodity Exchange (MCX) jumped 5.8 per cent with good volume breaching a key long-term resistance at around ?120 last week. It closed at ?123.4 ...
Raising a child in the U.S. is an expensive proposition. Here's a way investors can benefit from the kid-spending-spree.
Investors with a short-term perspective can consider buying the stock of Zuari Global at current levels. The stock found support at around ?88 in mid-November 2016 and changed direction, triggered b.
Jain International Trading BV, a wholly owned subsidiary of Jain Irrigation Systems, plans to raise $200 million through unsecured senior notes, which will be certified green bonds. The issue will ha
HIL on Monday informed the exchanges that it has started commercial production at its dry mix-manufacturing facility at Jhajjar, Haryana, from Saturday. The new facility has an installed capacity of
Jupiter Capital Pvt Ltd has made an open offer to shareholders of TRC Financial Services to acquire up to 13 lakh shares, or 26 per cent, of the BSE-listed company. The open offer, made by Chartered
Can Fin Homes, Delta Corp, Havells India, Mastek and NIIT Technologies will consider their third quarter financial results on Tuesday. After LIC Housing Finance and Gruh Finance reported almost 20 p.
The further fund offer (FFO) of the CPSE Exchange Traded Fund will open on January 17 and close on January 20. The FFO is part of the governmentís disinvestment programme. The Centre plans to raise .
Eastern Treads has won a tender for supplying tyre retreading material to Karnataka State Road Transport Corp and Rajasthan State Road Transport Corp. The company bagged an order to supply 200 tonne.
Cholamandalam SecInfosys (Buy)CMP: ?955.70Target: ?1,1187In 3QFY17, Infosysí results were better than street expectation, largely on improved OPM performance. During the quarter, consolidated revenue
Rajivbhai Patel, Krunal Patel, Rushabh Patel and Indiraben Patel have made an open offer to the shareholders of Saptarishi Agro Industries. They plan to acquire up to 85.6 lakh shares, which represe.
The non-convertible debentures will have a face value of ?1,000 each
Outlook on the companyís same-store sales growth remains challenging

Recent News

Odebrecht balks at Dominican Republic's deadline in US$92M scandal

Santo Domingo.- the Justice Ministry's deadline
Read Full Article

Odebrecht-Dominican Republic US$92M bribe saga continues(Update)

Santo Domingo.- (Update) at around 9am Monday Angel Rondonīs attorney Robert Valdez arrived at the Justice Ministry to hand over
Read Full Article

'Teflon' Dominican presidency teeters on the edge

Santo Domingo.- Although president Danilo
Read Full Article

March aims to indict corrupt officials, Odebrecht execs

Santo Domingo.- The organizers of the March
Read Full Article

Interrogations 'hurl bricks' at past corrupt officials

Santo Domingo.- The former CEO of the State-owned
Read Full Article

Defense to retire nearly 200 officers: Some not honorably

Santo Domingo.- Dominican Republic's Defense Ministry
Read Full Article

Ex CEO of electric utility to collaborate with Odebrecht probe

Santo Domingo.- Former State-owned Electric
Read Full Article

Dominican Gov. on Odebrecht: Let the chips fall where they may

Santo Domingo.- President Danilo Medina's
Read Full Article

Green Bay's win over Dallas is the most viewed NFL divisional playoff game ever

Green Bay's 34-31 win over Dallas was seen by an average of 48.5 million on Fox, the most-viewed NFL divisional playoff game ever. The game Sunday had a 26.1 rating and 46 share, the network said
Read Full Article

Popular Finance

US Envoy, husband bid adieu to Foreign Minister

Santo Domingo.- US ambassador James W. Brewster and his
Read Full Article

Forests must be managed ethically, Environment warns

Santo Domingo.- Environment minister Francisco
Read Full Article

Haiti's Moise, Dominican Republic's Medina to meet Monday

Santo Domingo.- Haiti president-elect Jovenel
Read Full Article

Searches carried out at airport group ADP in probe over CDC contracts

PARIS, Jan 16 (Reuters) - Authorities have searched the offices of Paris airport operator ADP and the house of ADP's head Augustin de Romanet as part of an inquiry into contracts between French state
Read Full Article

Brazil low-income homebuilder MRV says Q4 net revenue drops 1.6 pct

SAO PAULO, Jan 16 (Reuters) - Brazilian low-income homebuilder MRV Engenharia e Participacoes SA posted a 1.6 percent dip in fourth-quarter net revenue from a year earlier, according to a securities f
Read Full Article

BRIEF-Yanlord Land Group announces launch and offer of U.S. dollar-denominated senior notes

* Announces launch and offer of U.S. dollar-denominated senior notes by issuer at principal amount of $450 million Source text for Eikon: Further company coverage:
Read Full Article
 

Obamacare repeal threatens public health funding to states

Money for local programs to combat diseases including diabetes and hypertension at risk.        
Read Full Article

Adoree' Jackson declares for NFL draft, skipping his senior season at USC

Before Monday, deadline day to declare for the NFL draft, USC cornerback Adoree' Jackson had revealed little about his decision. His Twitter account had become fodder for amateur sleuths. Jackson
Read Full Article

Trump national security appointee quits after allegations of repeated plagiarism

Trump meets with the Rev. Martin Luther King Jr.'s son Jan. 16, 2017, 12:20 p.m. This is our look at President-elect Donald Trump's transition and the outgoing Obama administration: After quarreli
Read Full Article