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Company News for August 16, 2016

•    Shares of Post Properties Inc (PPS) soared 9.5% after Mid-America Apartment Communities Inc. (MAA) agreed to buy Post Properties for $4 billion.

•    Shares of Asure Software Inc (ASUR) surged 9.1% after the company’s revenues for the second quarter increased 35% to $9.7 million from $7.2 million in the same year-ago quarter.

•    Shares of Ability Inc (ABIL) tanked 5.9% after the company reported second quarter revenues of $1 million, far less than the $21.2 million reported in the second quarter of 2015.

•    American Electric Technologies, Inc.’s (AETI) shares soared 48.5% after the company reported net income in the second quarter of $0.1 million, up from $3.0 million loss in the first quarter of this year.

 

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