Coldwater Creek Inc. Receives Court Approval to Borrow $42 Million while it Prepares to go Out of Business


Follow this company

Companies Mentioned

PK:TTDZ / NASDAQ:CWTR / NASDAQ:GEVO / OTC:BB:IDOI
04/16/2014 [ACCESSWIRE]

Triton Distribution Systems, Inc. (OTC: TTDZ) – For an in-depth report on Triton Distribution Systems, Inc. follow: www.BullTrends.com/stockquote/TTDZ

Shares of Triton Distribution Systems closed up 6.31% on nearly 40 million shares traded on Tuesday. The company was one of the biggest gainers and most active stocks in the OTC market. Earlier in the month the company announced the appointment of Mr. Robert Calkin as new Chief Executive Officer, Meki Cox as new Chief Technology Officer, Romeo O Cruz as new Treasurer & Board Member, Dr. Wendy Osegueda as new South and Central America Chief of Operations & Board Member, and the addition of Dr. Jhasmin Santizo to the Board of Directors.

Coldwater Creek Inc. (NASDAQ: CWTR) - For an in-depth report on Coldwater Creek Inc. follow: www.BullTrends.com/stockquote/CWTR

Shares of Coldwater Creek closed down nearly 14% on Tuesday with about 2.7 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The company has won court approval to borrow $42 million to finance operations while the women’s clothing retailer prepares for going-out-of-business sales at its more than 370 stores.

Gevo, Inc. (NASDAQ: GEVO) - For an in-depth report on Gevo, Inc. follow: www.BullTrends.com/stockquote/GEVO

Shares of GEVO closed down about 18% on Tuesday with about 3.6 million shares traded. The stock was one of the biggest decliners on the NASDAQ. The company had no significant news to explain the drop. The company reported Q4 results last month. In the three months to December, the biofuel developer reported a net loss of $17.3 million, or 35 cents a share. Analysts surveyed by Thomson Reuters had expected a net loss of $15.8 million, or 34 cents a share.

IDO Security Inc. (OTCBB: IDOI) – For an in-depth report on IDO Security Inc. follow: www.BullTrends.com/stockquote/IDOI

Shares of IDOI dropped nearly 105% on Tuesday with about 23 million shares traded. The stock was one of the biggest decliners in the OTCBB market despite any news released by the company.

 

Disclosure: BullTrends.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.

COMMENTS

Leave a comment...
 * 

Your Name
 *