Yandex Announces Pricing of Offering of US$600 Million 1.125% Convertible Senior Notes Due 2018
MOSCOW and THE HAGUE, Netherlands, Dec. 11, 2013 (GLOBE NEWSWIRE) -- Yandex N.V. (Nasdaq:YNDX) ("Yandex" or the "Company"), one of Europe's largest internet companies and the leading search provider in Russia, today announced the pricing of US$600 million in aggregate principal amount of 1.125% convertible senior notes due 2018 (the "notes"). The Company has granted to the initial purchasers a 30-day option to purchase up to an additional US$90 million aggregate principal amount of notes solely to cover over-allotments. The notes were offered to qualified institutional buyers in reliance on Rule 144A under the United States Securities Act of 1933, as amended (the "Securities Act"). The offering is scheduled to close on or about December 17, 2013, subject to customary closing conditions.
Pacific Mercantile Bank
Pacific Mercantile Bank to Exit Its Mortgage Banking Operations
COSTA MESA, Calif., Dec. 11, 2013 (GLOBE NEWSWIRE) -- Pacific Mercantile Bank, a wholly-owned subsidiary of Pacific Mercantile Bancorp (Nasdaq:PMBC), today announced that its Board of Directors has determined the Bank will exit the consumer mortgage origination business and terminate operations of its Mortgage Banking Division. The Bank expects to sell or terminate substantially all business activities of its consumer mortgage origination unit (previously reported as its Mortgage Banking segment).
HomeAway Prices Follow-On Offering
AUSTIN, Texas, Dec. 11, 2013 (GLOBE NEWSWIRE) -- HomeAway, Inc. (Nasdaq:AWAY), the world's leading online marketplace for vacation rentals, today announced the pricing of an underwritten public offering of 6,018,630 shares of its common stock at a price to the public of $37.00 per share. A total of 5,500,000 shares are being offered by HomeAway, and a total of 518,630 shares are being offered by the selling stockholders. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 902,794 shares to cover over-allotments, if any. The offering is expected to close on December 17, 2013.
Levi & Korsinsky, LLP
TESLA MOTORS, INC. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Tesla Motors, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of January 7, 2014 -- TSLA
NEW YORK, Dec. 11, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Northern District of California on behalf of investors who purchased Tesla Motors, Inc. ("Tesla" or the "Company") (Nasdaq:TSLA) common stock between May 10, 2013 and November 6, 2013.
Levi & Korsinsky, LLP
TILE SHOP HOLDINGS, INC. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Tile Shop Holdings, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of January 14, 2014 -- TTS
NEW YORK, Dec. 11, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Tile Shop Holdings, Inc. ("Tile Shop" or the "Company") (Nasdaq:TTS) securities between August 22, 2012 and November 13, 2013.