Dallas,Tx 5/24/2010 11:12:18 PM
News / Business

Stocks Movers on Equity Offerings (Cell Therapeutics, Apartment Investment and Management )

Stocks Movers

 

Cell Therapeutics, Inc. (Nasdaq: CTIC) today announced that it has entered into an agreement to sell $21.0 million of shares of its Series 5 Preferred Stock in a registered offering to three institutional investors (collectively, the "Initial Purchasers"). Cell Therapeutics, Inc. develops, acquires and commercializes treatments for cancer. It focuses on building a biopharmaceutical company with a diversified portfolio of oncology drugs. Its research, development, acquisition and in-licensing activities concentrate on identifying and developing less toxic ways to treat cancer.

 

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Apartment Investment and Management Company (NYSE: AIV) today announced that it has created an At-The-Market (“ATM”) offering program through which it could sell up to seven million shares of its Class A Common Stock. Apartment Investment and Management Company (Aimco) is a self-administered and self-managed real estate investment trust (REIT), engaged in the acquisition, ownership, management and redevelopment of apartment properties.

 

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