logo
Share SHARE
FONT-SIZE Plus   Neg

Ceres Prices IPO Of 5.0 Mln Shares At $13/Shr - Quick Facts

Energy crop company Ceres Inc. (CERE) said it has priced its initial public offering of 5.0 million shares at $13.00 per share. The common stock may begin trading on the NASDAQ Global Market on February 22, 2012 under the ticker symbol "CERE." The underwriters have been granted a 30-day option to buy up to an additional 750,000 common shares from Ceres.

The offering may close on February 27, 2012, with all shares being offered by Ceres. Goldman, Sachs & Co. and Barclays Capital acted as joint book-running managers for the offering and Piper Jaffray, Raymond James and Simmons & Company International acted as co-managers

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
comments powered by Disqus
RELATED NEWS
Trade CERE now with 
Follow RTT