Watch List: Concur Technologies, Hasbro, Inc. (NASDAQ:HAS), Kimberly Clark Corp, Velti Plc(NASDAQ:VELT)
Concur Technologies, Inc. (NASDAQ:CNQR) shares declined 4.97% to $79.13. The company on May 28 announced that it proposes to offer $350 million aggregate principal amount of convertible senior notes, subject to market conditions and other factors. The notes would be due in 2018 and are to be offered and sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Concur also intends to grant to the initial purchasers of the notes an option to purchase up to an additional $52.5 million aggregate principal amount of notes, solely to cover over-allotments.
Hasbro, Inc. (NASDAQ:HAS) shares decreased 4.87% and closed at $44.44 in yesterday’s session. The company, on May 7, announced the availability of the new KRE-O STAR TREK line at retail locations beginning today. Also releasing today is a stop motion animated short featuring KRE-O building sets and KREON figures based on the iconic STAR TREK film franchise. Fans can watch the video, with a new stand-alone STAR TREK storyline, now on the official KRE-O YouTube channel at youtube.com/KREO. The digital short will make its television broadcast premiere May 13 at 7:30 p.m. EST on Cartoon Network.
Kimberly Clark Corp(NYSE:KMB) shares fell 4.82% to $99.49. The company, on May 23, was awarded six Effie Awards including one Gold, two Silver and three Bronze for its 2012 commercial programs for Depend, U by Kotex and VIVA brands at the 45th annual North American Effie Awardslast night in New York. The company and its Depend brand were also recognized on the North American Effie Effectiveness Index Rankings; Kimberly-Clark as the No. 2 most effective advertiser and the Depend brand as the No. 3 most effective brand in North Americain 2013.
Velti Plc(NASDAQ:VELT) shares dropped 4.81% and closed at $1.78. The company on May 13 announced financial results for the first quarter ended March 31, 2013. The company posted first quarter Revenue of $41.0 million, a decrease of 21 percent from Q1 2012. GAAP net loss attributable to Velti of $156.4 million and diluted EPS of ($2.38) during Q1 compared with a net loss of $8.8 million and EPS of ($0.14) for Q1 2012.