DrStockPick.com Stock Report! 8/07/09, ARIA, SFD, CCBD, WFT, BA, GETI
Dr. Stock Pick (August 7th, 2009) Writes:
DrStockPick.com Stock Report!
Friday August 7, 2009
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ARIAD Pharmaceuticals, Inc. (NASDAQ: ARIA) announced today the completion of its previously announced public offering of 19,000,000 shares of its common stock at a price of $1.75 per share. ARIAD also announced that the underwriters have exercised in full their over-allotment option for the purchase of an additional 2,850,000 shares. Net proceeds of the public offering and the over-allotment option, a total of 21,850,000 shares, are approximately $35.6 million after underwriting discounts and commissions and estimated expenses.
Smithfield Foods, Inc. (NYSE: SFD) (the “Company”) announced today that it is initiating an offering, subject to market and other conditions, of $225 million of 10% senior secured
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