The Associated Press
... with the federal agency and wants to find a prompt resolution. Shares of Kforce fell 58 cents, or more 4 percent, to $13.67 in after-hours trading Friday.
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LDK Solar Co. Ltd. (NYSE: LDK) is seeing a lot of action this pre-market Friday. At 8:43 AM EST we have shares trading down another 7.4% at $7.27 on over 1 million shares. This one already fell from $9.20 on Wednesday’s close as a securities sale yesterday sent shares south on a whopping 17.49 million shares. The stock had been indicated down 10% earlier, but the one phrase that kept coming to mind yesterday from its own news dissemination was awful: the “going concern” disclosure.
The company’s fresh filing states:Â Offering 16,520,000 ADSs instead of 18,900,000 ADSs in this offering; net proceeds from this offering are expected to be approximately $108.1 million and LDK’s total capitalization and the dilution effect will change accordingly. Net proceeds are for the following:
JON C. OGG