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Stock Market & Financial Investment News

News Breaks
December 26, 2012
13:17 EDTMNKDMannKind CEO buys 40M shares, holders approve increase in authorized shares
MannKind disclosed in a regulatory filing that at a special stockholders' meeting held on December 20, its stockholders approved an amendment to its Amended and Restated Certificate of Incorporation to increase the authorized shares of MannKind common stock from 350,000,000 shares to 550,000,000 shares. The company also stated that on December 21, following the approval of the amendment, the company completed the closing of its previously announced issuance and sale of 40,000,000 unregistered shares of its common stock and unregistered warrants to purchase an aggregate of 30,000,000 shares of its common stock to The Mann Group, an entity controlled by its chief executive officer and principal stockholder, Alfred Mann. The aggregate purchase price for the shares and warrants that were issued to The Mann Group was approximately $107.4M and was paid for by cancelling principal indebtedness owed to The Mann Group under the Amended and Restated Promissory Note issued by MannKind to The Mann Group on October 18. In afternoon trading, shares of MannKind rose 15c, or 6.81%, to $2.35.
News For MNKD From The Last 14 Days
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August 27, 2014
09:53 EDTMNKDOn The Fly: Analyst Initiation Summary
Bristol-Myers (BMY) initiated with a Hold at Deutsche Bank... ASML (ASML) initiated with a Hold at Stifel... Akamai (AKAM) initiated with an Outperform at RW Baird... Concur (CNQR) initiated with a Neutral at DA Davidson... CyrusOne (CONE) initiated with a Neutral at Citigroup... Eli Lilly (LLY) initiated with a Buy at Deutsche Bank... Garmin (GRMN) initiated with a Neutral at RW Baird... Merck (MRK) initiated with a Hold at Deutsche Bank... NetSuite (N) initiated with a Buy at DA Davidson... Oracle (ORCL) initiated with a Neutral at DA Davidson... Oxford Industries (OXM) initiated with a Buy at Wunderlich... Pfizer (PFE) initiated with a Buy at Deutsche Bank... ServiceNow (NOW) initiated with a Buy at DA Davidson... Workday (WDAY) initiated with a Neutral at DA Davidson... MannKind (MNKD) initiated with a Buy at Jefferies... STMicroelectronics (STM) initiated with an Underperform at Credit Suisse... Kirkland's (KIRK) initiated with an Outperform at Barrington.
06:47 EDTMNKDMannKind initiated with a Buy at Jefferies
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August 19, 2014
10:42 EDTMNKDOptions with decreasing implied volatility
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