NewLink Genetics Corp (NASDAQ:NLNK) is under surveillance, according to the Shareholder Foundation that announced that the company was being investigated over possible violation of securities laws. The investigations seek to understand whether NLNK and certain of its officers and directors failed in their responsibility in connection with false financial statements released earlier. It is recalled that NewLink Genetics Corp (NASDAQ:NLNK) reported that its annual revenue in 2013 declined to $1.09 million from $2.08 million in 2010. Similarly, the company reported a net loss of $31.18 million in 2013, up from a net loss of $16.21 million. The investigations also cite the recent exit of Gordon H. Link, Jr. as CFO of the company.
QR Energy LP (NYSE:QRE) plans to pay a cash dividend of $0.1625 per share on October 15. That will mark the 10th quarter in which the company has paid a dividend of $0.1625 per share. The newly declared quarterly dividend reflects 10.33% yield. QRE is a player in the Energy sector, and its peers include PetroChina Company Limited (NYSE:PTR) and Total SA (NYSE:TOT). The company (NYSE:QRE) posted a loss of $1.05 per share in the most recent quarter, behind the estimated positive earnings of $0.31 per share. However, its revenue of $133.30 million for the quarter was up 8.7% YoY and better than the consensus estimate of $130.30 million.
Identiv Inc (NASDAQ:INVE) had its stock price raised at Cowen. The firm raised the target price on the stock of INVE to $24 from $12.50. The security technology company recently netted about $27.3 million cash from a fundraiser that involved public offering of its common stock. INVE offered 2 million shares of its common stock and allowed the underwriters to purchase additional 300,000 shares to cover over-allotments. It said the funds would be used to finance various projects including investments and acquisitions. Shares of Identiv Inc (NASDAQ:INVE) have gained more than 120% so far this year.