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Top Wall Street Stories: Banco Bradesco S.A. (NYSE:BBD), Brixmor Property Group (NYSE:BRX), AG Mortgage Investment Trust (NYSE:MITT), Platform Specialty Products (NYSE:PAH), CYAN

Top Wall Street Stories: Banco Bradesco S.A. (NYSE:BBD), Brixmor Property Group (NYSE:BRX), AG Mortgage Investment Trust (NYSE:MITT), Platform Specialty Products (NYSE:PAH), CYAN
Written by
Charles Donlon
Published on
November 13, 2014
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Banco Bradesco SA (NYSE:BBD) was upgraded by investment analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports. Banco Bradesco S.A. (NYSE:BBD) belongs to Financial sector. Its net profit margin is 15.90% and weekly performance is -1.92%. On last trading day company shares ended up $14.33. Banco Bradesco S.A. (NYSE:BBD) distance from 50-day simple moving average (SMA50) is -6.51%. Brixmor Property Group Inc. (NYSE:BRX) announced the pricing of a secondary offering of 25,000,000 shares of its common stock by certain selling stockholders (the "Selling Stockholders") affiliated with Blackstone Real Estate Partners at $23.75 per share. The underwriters have a 30-day option to purchase up to an additional 3,750,000 shares of common stock from the Selling Stockholders. The offering is expected to close on November 17, 2014, subject to customary closing conditions. Brixmor Property Group Inc. (NYSE:BRX) shares fell -0.46% in last trading session and ended the day at $23.80. BRX Gross Margin is 75.30% and its return on assets is 0.50%. Brixmor Property Group Inc. (NYSE:BRX) quarterly performance is 2.63%. AG Mortgage Investment Trust, Inc. (NYSE:MITT) announced that its board of directors has declared a quarterly cash dividend of $0.51563 per share on its Series A 8.25% Cumulative Redeemable Preferred Stock (NYSE: MITTPRA). The dividend is payable on December 17, 2014 to holders of record on November 28, 2014. On 12 November, AG Mortgage Investment Trust, Inc. (NYSE:MITT) shares advanced 0.10% and was closed at $19.18. AG Mortgage Investment Trust, Inc. (NYSE:MITT) year to date (YTD) performance is 35.07%. Platform Specialty Products (NYSE:PAH) announced the pricing of an underwritten public offering of 14,300,000 shares of its common stock at a public offering price of $24.50 per share. The gross proceeds to Platform from this offering are expected to be approximately $350 million, before deducting underwriting discounts and commissions and offering expenses payable by Platform. Platform Specialty Products Corporation (NYSE:PAH) ended the last trading day at $24.90. Company weekly volatility is calculated as 3.33%. Platform Specialty Products Corporation (NYSE:PAH) showed a weekly performance of -3.64%. On Nov 10, Cyanotech Corp. (NASDAQ:CYAN) announced financial results for the second quarter and first six months of fiscal year 2015, ended September 30, 2014. For the second quarter of fiscal 2015 compared to the second quarter of fiscal 2014, net sales were $8,684,000 compared to $7,299,000, an increase of 19%. Cyanotech Corp. (NASDAQ:CYAN) shares fell -1.32% in last trading session and ended the day at $5.98. CYAN Gross Margin is 39.50% and its return on assets is -2.30%. Cyanotech Corp. (NASDAQ:CYAN) quarterly performance is 31.14%.

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