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Unusual 11 Mid-Day Movers 7/30: GGC, VCI, AMSC, CBT Higher; INO, AIQ, ICAD, LEE Lower
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Georgia Gulf Corp. (NYSE: GGC) <font>131% HIGHER;</font> the company announced the closing of its previously announced private debt exchanges and the effectiveness of a long-term amendment to its senior secured credit agreement. Georgia Gulf accepted $736 million of tendered bonds in debt-for-equity exchange that reduces debt by more than 50% and reduces annual cash interest costs by $69.Inovio Biomedical Corporation (NYSE: INO) <font>31.1% LOWER;</font> Yesterday's 330% momentum mover, Inovio, just announced today that it has received commitments from institutional investors to purchase $3...
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Unusual 11 Mid-Day Movers 1/7: GGC, NTCT, MON, SVU Higher; MNI, LNDC, BORL, PERY Lower
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Georgia Gulf Corp. (NYSE: GGC) 27.9% HIGHER; not hearing any news that would justify today's large upside move on extremely heavy volume. Traders may be buying the stock on the back of strong earnings from Monsanto, as the two are both in the chemical manufacturing industry.Netscout Systems (Nasdaq: NTCT) 27% HIGHER; sees Q3 EPS $0.24 to $0.26 versus consensus $0.13. Netscout Systems sees Q3 revenue of $73 million to $74 million versus consensus $64.62 million.The McClatchy Company (NYSE: MNI) 22.8% LOWER; correcting today following 3 days of huge upside: since Thursday's close, the stock w...
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Georgia Gulf (GGC) in a Deep Hole
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The company recently renegotiated its debt compliance (leverage and interest coverage) ratios, as the company is in danger of non-compliance. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on exper...
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Georgia Gulf (GGC) in a Deep Hole
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The company recently renegotiated its debt compliance (leverage and interest coverage) ratios, as the company is in danger of non-compliance. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on exper...
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Unusual 11 Mid-Day Movers 10/07: GGC, AMD, SWY, GG Higher; GGP, RBS, ARTW, ASCA Lower
General Growth Properties (NYSE: GGP) 47.6% LOWER; yesterday the company cut its dividend and late last night S&P downgraded the company's credit ratings. Here is StreetInsider.com's coverage on the embattled stock.Royal Bank of Scotland (NYSE: RBS) 37.3% LOWER; speculation the company will need government assistance. The company denied this.Art's Way Manufacturing Co., Inc., (Nasdaq: ARTW) 35% LOWER; reports Q3 EPS of $0.13, versus $0.23 in the same quarter last year. Revenues for the quarter were $9.4 million, compared to $8.2 million in Q307.Georgia Gulf (NYSE: GGC) 30.7% HIGHER; shares ...
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About Georgia Gulf Corp.
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