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Stock Market & Financial Investment News

News Breaks
November 30, 2012
05:06 EDTHCLPRobins Ueda files securities frud class action lawsut against Hi-Crush Partners
Shareholder rights firm Robbins Umeda announces that a complaint has been filed in the U.S. District Court for the Southern District of New York on behalf of investors of Hi-Crush Partners. The complaint alleges violations of the Securities Act of 1933 against the company and certain of its officers and directors concerning Hi-Crush's August 16, IPO.
News For HCLP From The Last 14 Days
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May 14, 2013
06:21 EDTHCLPHi-Crush Partners to acquire D&I Silica
Hi-Crush Partners announced that it has entered into a definitive agreement to acquire independent frac sand distributor D&I Silica transforming Hi-Crush into an integrated producer, transporter, marketer and distributor of high-quality Northern White frac sand. Under the terms of the agreement, Hi-Crush will acquire D&I for $95M in cash and 1.579 million units priced at $19 for total consideration of approximately $125M. The combination of Hi-Crush and D&I is expected to be completed during the second quarter of 2013, subject to regulatory approval and customary closing conditions. The combined company's pro forma 2012 revenues would be approximately $180M, with $66M of operating income and operating income margins of approximately 37%.
May 13, 2013
15:27 EDTHCLPNotable companies reporting after market close
Notable companies reporting before tomorrow's open, with earnings consensus, include AutoNavi Holdings (AMAP), consensus 19c; Hi-Crush Partners (HCLP), consensus 50c; Global Sources (GSOL), one estimate 17c; General Finance (GFN), one estimate 11c; NuPathe (PATH), consensus (17c).

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