Pompano Beach, FL, January 8, 2013 - Cypress Semiconductor Corporation (NASDAQ: CY) shares declined 9.41% to $10.01 after the company released preliminary fourth-quarter financial results, which include Ramtron. GAAP loss per basic share is expected in a range of $0.20 to $0.22 due to lower revenue and gross margins offset by lower than previously expected stock-based compensation charges and one-time charges as expected related to the Ramtron acquisition. Consolidated revenue is expected to be in the range of $177 million to $179 million.
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Synacor Inc (NASDAQ: SYNC) shares declined 6.15% to $5.50 in the morning hour after the company announced its Vice President and General Manager of TV Everywhere, Michael Bishara, will be addressing Digital Hollywood at CES attendees at 3 p.m. on Wednesday, January 9, at the Las Vegas Convention Center, North Hall N260, Las Vegas.
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Greenbrier Companies Inc (NYSE: GBX) shares jumped 6.37% to $17.36. The company invited interested shareholders and other stakeholders to listen to its annual meeting of shareholders live over the internet on Wednesday, January 9(th), at 2:00 p.m. PST. GBX is a leading supplier of transportation equipment and services to the railroad industry.
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Acadia Healthcare Company Inc (NASDAQ: ACHC) stock gained 3.51% to $25 after the company announced the purchase of Greenleaf Center, a 50-bed acute inpatient psychiatric facility in Valdosta, GA. Acadia purchased the facility in a transaction that was completed January 1, 2013, from South Georgia Medical Center, a non-profit health system.
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Solar Capital Ltd. (NASDAQ: SLRC) stock fell 3.06% to $24.13 after the company announced that it has priced a public offering of 6,000,000 shares of its common stock at a public offering price of $24.40 per share for total gross proceeds of $146.4 million. The closing of the offering is subject to customary closing conditions and is expected to take place on January 11, 2013. In connection with the offering, the Company has granted the underwriters for the offering a 30-day option to purchase up to an additional 900,000 shares of common stock.
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