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Insider Buying Propped Summers Value Partners’ Massive Gains in Bioanalytical Systems (BASI) Summers Value Partners, an investment management firm, published its ‘Summers Value Fund LP’ fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A net return of 14.7% was recorded by the fund for the Q4 of 2020, below its Russell 2000 benchmark that returned 18.40%. You can view the fund’s top 10 holdings to have a peek at their top bets for 2021. Summers Value Partners, in their Q4 2020 Investor Letter said that they acquired a new position in Bioanalytical Systems, Inc. (NASDAQ: BASI) after series of insider stock purchases attempts. Bioanalytical Systems, Inc. is a company that provides research and development resources and then sells the information to biotechnology, pharmaceutical and medical related companies. Bioanalytical Systems, Inc. currently has a $136 million market cap. For the past 3 months, BASI delivered a massive 145.02% return ....
Houston Wire & Cable Co. to sell Southwest Wire Rope division HOUSTON â Houston Wire & Cable Co. announced that it has entered into a definitive asset purchase agreement for the sale of its Southwest Wire Rope business for a purchase price of $5 million, subject to a working capital adjustment. The sale excludes about $2.6 million of trade accounts receivable, which HWCC will retain. HWCC expects to use the net sales proceeds and accounts receivable collections to further reduce Revolver debt. HWCC has already reduced Revolver debt to about $21.4 million as of Jan. 13 from a peak of $95.2 million in first quarter 2020. The transaction is subject to customary closing conditions and is expected to close in the first quarter. ....
Earnings Scheduled For December 21, 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
BASi to Release Earnings for Fourth Quarter of Fiscal 2020 on Monday, December 21, 2020 WEST LAFAYETTE, Ind., Dec. 18, 2020 (GLOBE NEWSWIRE) Bioanalytical Systems, Inc. (NASDAQ:BASI) (“BASi”, the “Company”, “We”, “Our” or “Inotiv”), doing business as Inotiv, a leading provider of nonclinical and analytical contract research services, today announced that it will report financial results for the three and twelve months ended September 30, 2020, prior to market opening on Monday, December 21, 2020. If there are any questions after the press release is issued, please direct your comments to the investor relations contact noted in this release. About the Company The Company is a pharmaceutical development company providing contract research services and monitoring instruments to emerging pharmaceutical companies and the world’s leading drug development companies and medical research organizations. The Company focuses on developing innovative se ....