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News Breaks | | | | January 14, 2013 | | 10:36 EDT |  | ADEP | Adept Technology jumps following CEO's appearance on 60 Minutes
Shares of Adept Technology (ADEP), which sells industrial robots and other factory automation systems, are rallying following an appearance by CEO John Dulchinos on this weekend's edition of 60 Minutes. During his appearance on the CBS news program, Dulchinos said U.S. manufacturers can leverage technology like that offered by Adept to equalize the costs of manufacturing in the U.S. compared to global competition. Dulchinos added that robots and automation may make it more likely that U.S. companies will find it beneficial to keep factories in the country or move them back here. In mid-morning trading, Adept's stock surged 70c, or 21.12%, to $4.01. Reference Link | |
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