Industry News

Lancashire Holdings was in focus on a quiet day in mid-August. The talk in the market is that a massive Canadian pension fund, thought to be Ontario Teachers' Pension Plan, approached the business before Britain's referendum on leaving the European Union about taking the company private. It is said that before Brexit, the fund had indicated it could be willing to offer about pounds sterling 1.3 bn or 618 p a share for Lancashire Holdings."/>
Daily Mail, London, market report column [Daily Mail, London]
Intrinsyc Technologies Corporation, a leading provider of solutions for the development and production of embedded and Internet of Things products, today announced two new product development agreements that were signed this week. The product development services agreements are extensions of development projects for a long-term existing client. In aggregate, the value of the agreements equals US $658,080.."/>
Intrinsyc Signs New Product Development Services Agreements
Monster Worldwide Inc.' s Board of Directors disclosing an 11.6% ownership stake in Monster's shares and voicing opposition to the Company's proposed sale to Randstad North America, Inc.. MNG is one of the largest newspaper companies in the country, with over $1 billion in revenue and over 240 properties in 12 states. MNG also has intimate knowledge of the job board space through its ownership of Jobs in the US, which..."/>
MediaNews Group Opposes Monster Worldwide Sale to Randstad
ePlus inc. today announced that its board of directors has authorized the Company to repurchase up to 500,000 shares of ePlus’ outstanding common stock over a 12- month period commencing August 19, 2016. The Company’ s former repurchase plan expired August 16, 2016. ePlus had approximately 7.1 million shares of common stock outstanding as of July 29, 2016.. The purchases may be made from time to time in the open market, or in privately negotiated..."/>
EPlus Announces Stock Repurchase Program
Electro Scientific Industries, Inc., an innovator of laser-based manufacturing solutions for the microtechnology industry, today announced that Michael Burger, former CEO of Cascade Microtech, Inc., will join as President and CEO of the Company and will succeed Edward C. Grady on October 3, 2016. Michael will also join the Board of Directors on the same date.. "We are fortunate to have been able to secure the services of Michael Burger as our new President and..."/>
ESI Selects Michael Burger to be next President and CEO
MoneyGram today announced the company is waiving transaction fees for donations to the American Red Cross in an effort to support disaster recovery and relief efforts in Louisiana in response to the recent devastating floods. Fees will be waived on all donations up to $249.99, submitted from today through September 30, 2016.. "In the wake of the catastrophic floods in Louisiana, it is our mission to support those on the front lines of emergency..."/>
MoneyGram Waives Transaction Fees for Donations to American Red Cross After Devastating Louisiana Flooding
Stratasys Ltd, Nimble Storage Inc., and Lexmark International Inc.. According to NASDAQ, the technology sector was little changed just ahead of yesterday's opening bell, with shares of companies in the S&P 500 followed by the Technology SPDR ETF mostly steady."/>
Tech Stocks Under Scanner -- 3D Systems, Stratasys, Nimble Storage, and Lexmark Intl.
MoneyGram has reported the continuity of its operations in Nigeria, following recent market developments as the Central Bank of Nigeria changed its policy on how remittance companies can continue to provide money transfer services in Nigeria, the company said. MoneyGram offers its customers in Nigeria the ability to send and receive money from family and friends throughout the world within minutes. Customers can either send or collect the funds from a MoneyGram agent..."/>
MoneyGram recognized as trusted money transfer provider in Nigeria
Jack Henry reports Q4 FY 2016 with 84m in net income
eMagin Corporation. entered into an early warrant exercise transaction with certain of the Company’ s warrant holders through a letter agreement between such warrant holders and the Company to raise approximately $4.5 million in gross proceeds. A portion of the proceeds from the transaction will be utilized to fund the Company’ s growth initiatives with consumer AR/VR partnerships and for the Company’ s consumer product launch in..."/>
EMagin Corporation Enters Into Early Warrant Exercise Transaction
Neonode Inc., the optical interactive sensing technology company, today announced the closing of a previously-announced private placement of $8.7 million of Neonode’ s common stock and common stock warrants.. Pursuant to the terms of the private placement, Neonode issued to institutional and accredited investors a total of 8,627,352 shares of common stock. Of this amount, $8.2 million was sold at a price of $1.00 per share to outside investors and..."/>
Neonode Announces Closing of $8.7 Million Private Placement
xG Technology, Inc., a leader in providing critical wireless communications for use in challenging operating environments, announced its second quarter and first half 2016 results. Management will hold a conference call for industry analysts on August 24, 2016 at 4:00 p.m. Eastern Time. The call is also being webcast."/>
XG Technology Reports Second Quarter and First Half 2016 Results and Conference Call
Apple and Android devices by Masabi Ltd. They can be downloaded at app stores by seaching for the keyword MTA eTix."/>
Connecticut train riders can use smartphone app to buy tickets, check schedules and status [New Haven Register, Conn.]
Communications Systems Inc, a provider of physical connectivity infrastructure and services for deployments of broadband networks, announced on Thursday the declaration by its board of directors of a quarterly cash dividend of USD0.04 per common share. This dividend pay out will be made on 3 October 2016 to shareholders of record as of 15 September 2016.. According to the company, this quarterly dividend represents a reduction of USD0.12 per share, or approximately USD4.2m..."/>
Communications Systems declares USD0.04 per share quarterly dividend; Increases credit facility from USD10m to USD15m
NCR Corporation, a provider of omni-channel solutions, announced on Thursday that it will move its Hyderabad R&D facility in India to a new, state-of-the-art location at Raheja Mindspace in Hyderabad, India, to be ready by early 2017.. Reportedly, this new facility will be one of the global centres of excellence for NCR as part of its transformational journey towards leadership in the omni-channel evolution. According to NCR, its Hyderabad R&D centre is one of its largest software..."/>
NCR plans to create a new world-class R&D centre in Hyderabad, India
NCR Corporation, a provider of omni-channel solutions, announced on Thursday that it will move its Hyderabad R&D facility in India to a new, state-of-the-art location at Raheja Mindspace in Hyderabad, India, to be ready by early 2017.. Reportedly, this new facility will be one of the global centres of excellence for NCR as part of its transformational journey towards leadership in the omni-channel evolution. According to NCR, its Hyderabad R&D centre is one of its largest software..."/>
NCR plans to create a new world-class R&D centre in Hyderabad, India
ON Semiconductor Corporation announced that it has extended its previously announced tender offer to purchase all of the outstanding shares of common stock of Fairchild Semiconductor International Inc. for $20.00 per share in cash pending the satisfaction of the conditions to the Offer set forth in the merger agreement entered into on November 18, 2015, between ON Semiconductor and..."/>
ON Semiconductor Extends Tender Offer to Acquire Fairchild Semiconductor

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