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Active Stocks News- Lam Research (NASDAQ:LRCX), Chiquita Brands International (NYSE:CQB), Layne Christensen (NASDAQ:LAYN), Lakeland Industries (NASDAQ:LAKE)

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Active Stocks News- Lam Research (NASDAQ:LRCX), Chiquita Brands International (NYSE:CQB), Layne Christensen (NASDAQ:LAYN), Lakeland Industries (NASDAQ:LAKE)

by Lucy Ryan
October 27, 2014
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Lam Research Corporation (NASDAQ:LRCX) (Read Latest Free Analytic Facts on LRCX and Be Updated) expands to new weekly high, stalls just below its multi-year close high. The stock has been able to build on the previous day post-earnings gains with it setting a new high for the week at 76.67. Whereas, shares of Lam Research Corporation (NASDAQ:LRCX) traded moved down -0.11% to finished at USD75.56 with market capitalization of 12.06 billion. Separately, a research note to investors, 3 analysts rates its stocks at “Hold,” 4 analysts rate it at “strong buy” and 13  rate it a “Buy.”

Chiquita Brands International Inc (NYSE:CQB) (Get Free Highly Paid Dividend Stocks Reports) declared that based on the votes cast at the firm’s Special Meeting of Shareholders held Chiquita shareholders have not permitted the revised transaction agreement with Fyffes plc (FYFFF). Accordingly, each of the parties has delivered notice to terminate the transaction agreement, and the proposed combination with Fyffes has lapsed for the purpose of the Irish Takeover Rules. Chiquita Brands International Inc (NYSE:CQB) stock surged of 2.91% to closed at $14.16 with the total traded volume of 3.12 million shares. The consensus average revenue estimates are $735.20M for latest quarter, at the same time as 2 experts predict $739.30M revenues for the next three months of 2014.

Layne Christensen Company (NASDAQ:LAYN) (Read Report! How LAYN Noticeable Reacts on News Jerk?) released further information regarding the improvement in its liquidity position during the Q3 ending October 31, 2014. This metric was comprised in a press release issued by Layne on October 23, 2014 that provided guidance for Q3 FY 2015. Layne Christensen Company (NASDAQ:LAYN) saw as a loser stock in last session, fell -22.67% to finished at $6.31 with the overall traded volume of 2.11 million shares. The street professionals’ recommendation trends reflect as, 5 analysts rate its shares as a “hold” security.

Lakeland Industries, Inc. (NASDAQ:LAKE) (Get Visual Access about Inside Factors Trade Here) reported that it has signed into a definitive securities purchase purchase to lifted $11.2M in a private placement of common stock sold at a price of $10.00 per share. Proceeds from the financing will be used to fully repay Lakeland’s 12% subordinated term loan with LKL Investments, LLC in the approximate amount of $3.6M. Lakeland Industries, Inc. (NASDAQ:LAKE) after opening at $15.00 hit its day high price of $16.25 moreover fell -14.22% to closed at $13.09.

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Tags: Chiquita Brands International IncCQBLAKELakeland IndustriesLam Research CorporationLAYNLayne Christensen CompanyLRCXNASDAQ:LAKENASDAQ:LAYNNASDAQ:LRCXNYSE:CQB
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Lucy Ryan

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