Cisco Systems, Inc. (NASDAQ:CSCO) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -1.21% to $31.06. Cisco Systems Inc. (CSCO) announced the pricing of five series of senior unsecured notes in an aggregate principal amount of $6.25 billion. The company expects offering to close on September 20, 2016.
Of these notes, $500 million will mature in September 2019 and will bear interest at a floating rate equal to three-month LIBOR plus 34 basis points, $1.5 billion will mature in September 2019 and will bear interest at an annual rate of 1.400%, $2 billion will mature in September 2021 and will bear interest at an annual rate of 1.850%, $750 million will mature in September 2023 and will bear interest at an annual rate of 2.200% and $1.5 billion will mature in September 2026 and will bear interest at an annual rate of 2.500%. The share price of CSCO attracts active investors, as stock price of week volatility recorded 1.52%. The stock is going forward to its 52-week low with 40.83% and lagging behind from its 52-week high price with -2.79%.
Atossa Genetics, Inc. (NASDAQ:ATOS) [Trend Analysis] surged reacts as active mover, shares an advance 5.07% to traded at $2.15 and the percentage gap between open changing to regular change was -0.80%. Atossa Genetics, Inc. (NASDAQ: ATOS) reported it has attained notice from NASDAQ that Atossa has regained compliance with NASDAQ minimum closing offer price listing rule 5550(a)(2). On September 12, 2016, Atossa attained notice from NASDAQ stating, in part, that the “Staff has determined that for the last 10 consecutive business days, from August 26 to September 9, 2016, the closing offer price of the Firm’s ordinary stock has been at $1.00 per share or greater. Accordingly, the Firm has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.” The firm’s current ratio calculated as 1.70 for the most recent quarter. The firm past twelve months price to sales ratio was 4953.07 and price to cash ratio remained 7.26. The firm has total debt to equity ratio measured as 0.00.
The Mexico Fund, Inc. (NYSE:MXF) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.71% to close at $15.79 with the total traded volume of 50400 shares. The Mexico Fund, Inc. (NYSE: MXF) reported that the BOD agreed a change in the quarterly distribution payable under the Fund´s Managed Distribution Plan (MDP), effective with the distribution to be paid in October 2016. The Board implemented the MDP in September 2008, and believes it has served the Fund and its stockholders well; since then, the Fund has made quarterly cash distributions during 33 consecutive quarters for a total of $21.50 per share.
Accordingly, the Board has decided to adjust the rate of the MDP from 6% to 3% of the Fund’s NAV per share at the end of the previous calendar year, effective with the distribution to be paid in October 2016. The new distribution rate is better aligned with the past 5 and 10 year yearly rates of return in the Fund´s NAV of 1.6% and 4.4%, respectively, as of August 31, 2016. Despite the current environment, the Board maintains a positive view on the long-term perspectives of the Mexican economy and the Fund.