Facebook, Applied Materials, Carnival Corp.

09/24/2013 3:52 PM

09/24/2013 3:53 PM


Red Hat Inc., down $6.20 to $46.73

The software company’s billings for the quarter were weak and it issued disappointing revenue predictions the full year.

Carnival Corp., down $2.86 to $34.54

Passengers are hesitant to book cruises despite lower prices and the company said revenue will drop 3 percent this year.

Greenway Medical Technologies Inc., up $3.27 to $20.40

The health care technology company will be acquired by Vitera Healthcare at a 19 percent premium, or $20.35 per share.

Hersha Hospitality Trust, up 20 cents to $5.71

The real estate investment trust is selling 16 hotels to an affiliate of Blackstone Real Estate Advisors for $217 million.


Facebook Inc., up $1.26 to $48.45

Citigroup upgraded the stock of the social media giant and Sterne Agee calls reports of a partial lift of a ban in China a positive first step.

Applied Materials Inc., up $1.45 to $17.45

The technology services provider is tying up with Tokyo Electron to create an entity with a market capitalization of about $29 billion.

Paragon Shipping Inc., down 49 cents to $5.75

The shipping company expands and prices a $30 million public offering consisting of 5.2 million shares for $5.75 each.

Cbeyond Inc., up 52 cents to $6.47

Raymond James upgraded the stock of the technology and communications equipment provider, saying a recent slump in the shares provided a good opportunity for long-term investors.


Join the Discussion

The Kansas City Star is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service