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January 14, 2013
10:36 EDTADEPAdept 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
News For ADEP From The Last 14 Days
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August 26, 2014
09:50 EDTADEPOn The Fly: Analyst Upgrade Summary
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09:03 EDTADEPAdept Technology upgraded to Buy from Neutral at Dougherty
Dougherty upgraded Adept Technology to Buy based on valuation and notes the increase in new customer mobile orders. Price target is $12.50.
08:53 EDTADEPAdept Technology longer term outlook still attractive, says Roth Capital
After Adept reported weaker than expected Q4 results, Roth Capital was encouraged by some data points for the company that it views as strong, including new mobile customers,and long-term revenue and operating margin targets. The firm cut its price target on the stock to $13 from $20 but keeps a Buy rating on the shares.
August 25, 2014
18:27 EDTADEPOn The Fly: After Hours Movers
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16:17 EDTADEPAdept Technology down 22% following weaker than expected Q4 results
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16:04 EDTADEPAdept Technology reports Q4 EPS (3c), consensus 2c
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15:18 EDTADEPNotable companies reporting after market close
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