News Draw Attention By Investors: Impax Laboratories Inc. (NASDAQ:IPXL), The Walt Disney Company (NYSE:DIS), Facebook, Inc. (NASDAQ:FB)

April 25, 2023 9:53 am3 commentsViews: 60

Specialty pharmaceuticals company, Impax Laboratories Inc. (NASDAQ:IPXL)  released on Wednesday that it aims to offer $500M aggregate principal amount of convertible senior notes owing 2022 in a private offering to qualified institutional buyers. In connection by means of the offering, the firm anticipates to grant the initial purchasers an option to buy around an extra $100M aggregate principal amount of such notes. The notes will be convertible into cash, shares of the firm’s common stock or a combination of both, subject to certain conditions, according to Impax said. Shares of Impax Laboratories Inc. (NASDAQ:IPXL) traded at $47.81 by moving down -0.87% with price volatility of 2.16% for a week and 2.37% for a month. Its beta stands at 1.13 times.

The Walt Disney Company (NYSE:DIS) slightly down in previous session as it released a cash dividend of $0.66 a share for the first six months of fiscal 2015, payable on July 29 to shareholders of record on July 6. By means of this dividend, Disney will start paying dividends on a semi-annual basis, quite than once a year. Disney Chairman and Chief Executive Officer, Robert Iger stated that Disney delivered significant surges in revenue, net income, and EPS for the first half of fiscal 2015. They are pleased to raise their dividend 15% on an annualized basis, as well as increasing the frequency of their dividend payments. The Walt Disney Company (NYSE:DIS) stock has highest price of $114.56 in last session, beginning with a price of $114.30 and reported a loss of -0.56%  to close at $113.77 with a day range of $113.71-$114.56.

Facebook, Inc. (NASDAQ:FB) dropped in previous session as it is appointing Yahoo! Inc.’s Alex Stamos as chief security officer, planning to make the social-media firm’s products more secure because its membership swells to over 1.44B users. Stamos, who was at Yahoo for over a year, reported in a Facebook post Wednesday that he’ll initiate at Facebook on June 29. Stamos is filling a position vacated by Joe Sullivan, who left Facebook for Uber Technologies Inc. at the end of April. Stamos stated of Facebook in the post that there is no firm in the world that is improved positioned to tackle the confronts faced not only by today’s Internet users but also for the remaining two-thirds of humanity they have yet to connect. He added that the Facebook security team has demonstrated a history of innovation as well as a unique willingness to share those innovations with the world, and they will build upon that history in the years to come. Facebook, Inc. (NASDAQ:FB) stock hit highest price at $89.25, beginning with a price of $87.67 and reported a gain of 1.12%  to close at $88.86 with a day range of $87.45-$89.25.


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