Ascender

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Ascender

An informal term for a stock or other security that has risen in price over a given period. For example, if a stock opens at $5.00 and closes at $5.25, it is said to be an ascender for that trading day. See also: Decliner.
References in periodicals archive ?
Ascendant currently has approximately $42 million in net operating loss carryforwards which can be used to shelter future income, thus enhancing free cash flow or debt service capabilities.
Additional risk factors are included in Ascendant Solutions, Inc.
These acquisitions will provide rapid revenue growth for Ascendant and have a positive impact on our balance sheet.
Ascendant currently has approximately $43 million in net operating loss carryforwards which can be used to shelter future income, thus enhancing free cash flow or debt service capabilities.
This 1 percent stock dividend will support the long-term liquidity of our common shares by adding approximately 215,715 shares to our capitalization," said Mark Heil, President and CFO of Ascendant.
Mark Heil, President and CFO of Ascendant, stated, "Our acquisitions of Thrifty and Family Pharmacies are expected to add approximately $6 million in annual revenues to Ascendant's results.
Mark Heil, President and CFO of Ascendant, stated, "We are very excited about the acquisition of Family Pharmacy by our subsidiary, Dougherty's Holdings, and we look forward to expanding revenues and service offerings at Dougherty's Forest Park location.
Overall, our first quarter 2014 results came in close to our expectations, while prior year first quarter 2013 results included a significant gain in our real estate and other division due to the successful exit of one of our portfolio companies," said Jim Leslie, Chairman of Ascendant.
DALLAS, April 14, 2014 /PRNewswire/ -- Ascendant Solutions, Inc.
Ascendant Solutions believes SELLERBridge is the answer to significant obstacles identified by analysts that face buyers and sellers in electronic marketplaces today.
Through this initiative, we offer a hosted sell-side solution which automates and enables the interaction between buyers and sellers across electronic marketplaces," stated David Bowe, Ascendant Solutions' CEO and President.
David Bowe, President and CEO of Ascendant Solutions, stated, "CCP is well respected in the industry for its technology consulting practice and for successfully deploying Ariba solutions for Fortune 1000 companies.