Energy

Akeena Dips on Possible Capital Raise (AKNS)

Money_stack_pic_3Akeena Solar, Inc. (NASDAQ: AKNS) is trading lower today after the company filed to sell up to $30 million in a mixed securities shelf offering.  No terms were listed, but the company listed that it would be able to sell any combination of common stock, preferred stock, debt securities, warrants, and units.

The company listed the use of proceeds as being for general corporatepurposes.  This may include the repayment or refinancing ofindebtedness or the acquisition of complementary products orbusinesses. 

No underwriters were listed.  Akeena shares are down over 8% at $2.06today, and the stock’s 52-week trading range is $1.50 to $14.15 and itsmarket cap is currently $60 million.

Jon C. Ogg
January 7, 2009

Credit Card Companies Are Doing Something Nuts

Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.

It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.

We’ve assembled some of the best credit cards for users today.  Don’t miss these offers because they won’t be this good forever.

 

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.

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