Logitech International SA (USA) (NASDAQ:LOGI) Friday said it will delay filing its Form 10-Q for quarter ended Sept. 30, pending resolution of accounting issues. The maker of hardware and software previously disclosed its audit committee has investigated accounting procedures, and further disclosed it will restate financials for the fiscal year ended March 31, 2012, selected financial data as of March 31, 2012 and 2011, and financial data for the quarter ended June 30, 2011. Logitech International SA (USA) (NASDAQ:LOGI) said with the investigation now closed, it is working to complete and file its annual report for fiscal year 2014 in Switzerland, and its Form 10-K for fiscal year 2014 and Forms 10-Q for the first and second quarters of fiscal year 2015 in the U.S. LOGI said it has reviewed its relationship with and the independent of auditor PricewaterhouseCoopers LLP, and retained the firm.American Superconductor Corporation (NASDAQ:AMSC), a provider of solutions for the wind and power grid industry, has priced its underwritten registered direct offering of common stock units. The company announced that it has agreed to sell 9,090,909 common stock units to a single investor. Each common stock unit consists of one share of common stock and 0.90 of a warrant to purchase one share of common stock, at an offering price of $1.10 per common stock unit. Each warrant included in a common stock unit will have an exercise price of $1.10 per share, will be exercisable immediately from the date of issuance and will expire on November 12, 2019.The shares of common stock and the warrants will be immediately separable and will be issued separately, the company said. The net proceeds to American Superconductor Corporation (NASDAQ:AMSC) from this offering are expected to be approximately $9.0 million, after deducting the underwriting discount and estimated offering expenses. The company said that it expects to close the offering, subject to customary conditions, on or about November 12, 2014. Shares in the company were unchanged at $1.36 shortly after main markets opened on Friday. Over the past 52 weeks, the company has traded between $1.15 and $2.68.Johnson & Johnson (NYSE:JNJ) has acquired energy-drink brand ORS-L from Bangalore-based Jagdale Industries for an undisclosed amount. However, an insider involved in the transaction puts the cost at approximately $121.69 million, The Times of India and other media reported. ORS-L is a patented fruit-based electrolyte drink and competes in the broader energy drinks segment. Shares of Johnson & Johnson (NYSE:JNJ) last traded at fractionally lower at $108.40, near the high of its 52-week range of $86.09 to $109.32.
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