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
British drug maker AstraZeneca Plc reported Friday higher profit in its first quarter, reflecting lower charges and higher revenues. US and emerging markets performed well. Looking ahead, for fiscal 2016, the company continues to expect both revenue and earnings per share to decline a low to mid single-digit percentage at constant exchange rates. International Consolidated Airlines Group S.A. Friday reported profit for the first quarter, compared to loss in the prior year, mainly reflecting higher passenger revenues and increased capacity. For fiscal 2016, IAG still expects to generate an absolute operating profit increase similar to 2015 as it expects to reduce underlying ex-fuel unit costs by around one percent. French drug maker Sanofi reported Friday a higher profit in its first quarter, while net sales were hurt mainly by weak results in Diabetes unit and Venezuela. Excluding Venezuela. Aggregate Group sales increased 3 percent at constant exchange rates. Looking ahead, the company continues to expect 2016 business earnings per share to be broadly stable at CER.
comments powered by Disqus
Follow RTT