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News For RGR;SWHC;CAB From The Last 14 Days Check below for free stories on RGR;SWHC;CAB the last two weeks. |
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| June 14, 2013 | | 09:24 EDT |  | SWHC | On The Fly: Pre-market Movers
HIGHER: Groupon (GRPN), up 8% following upgrade at Deutsche Bank... SolarCity (SCTY), up 8% following upgraded to Outperform from Neutral at Credit Suisse... Smith & Wesson (SWHC), up 5.4% after earnings pre-announcement, share buyback plan... Elan (ELN), up 7.7% after starting formal sale process. UP AFTER EARNINGS: Restoration Hardware (RH), up 12.5%. LOWER: China Ming Yang Wind Power (MY), down 4% after CFO steps down... Myriad Genetics (MYGN), down another 4.9% after Supreme Court ruling yesterday on gene patents... News Corp. (NWSA), down 1.5% after CFO announces plan to retire following split. | | | June 13, 2013 | | 18:51 EDT | | SWHC | On The Fly: After Hours Movers
 Subscribe for More Information | | | 16:34 EDT | | SWHC | Smith & Wesson shares up more than 6% after earnings pre-announcement
Subscribe for More Information | | | 16:34 EDT | | SWHC | Smith & Wesson expects buyback, debt exchange to be accretive
"The successful execution of our growth strategy and strong balance sheet have allowed us to take steps to optimize our capital structure. With FY13 results that exceeded guidance and $100.5M cash on hand at the end of the fiscal year, we will recapitalize our existing debt on highly favorable terms, providing a capital structure that allows us to analyze opportunities for strategic investments. We believe that investing in our own company is presently one of our greatest opportunities. Thus, our board of directors has established a major stock buyback program, which, depending on the stock price and the number of shares purchased, could reduce our outstanding shares of common stock by approximately 15%. The debt exchange and the stock buyback program together are expected to be accretive, thereby increasing stockholder value while giving us financial flexibility to be strategically opportunistic," the company said. | | | 16:24 EDT | | SWHC | Smith & Wesson says ended FY13 with cash balance of $100.5M
Subscribe for More Information | | | 16:22 EDT | | SWHC | Smith & Wesson announces $100M share repurchase authorization
Subscribe for More Information | | | 16:20 EDT |  | SWHC | Smith & Wesson sees Q4 EPS 44c, consensus 40c
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