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Stock Market & Financial Investment News

News Breaks
January 17, 2013
08:02 EDTASEIAS&E receives orders for five ZBV systems for Middle East, African governments
American Science and Engineering announced the receipt of orders for five of the Company's top-selling Z Backscatter Vans, or ZBV, for Middle East and African government agencies. The ZBV cargo and vehicle screening systems will be used for counterterrorism missions.
News For ASEI From The Last 14 Days
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October 1, 2014
10:00 EDTASEIOn The Fly: Analyst Downgrade Summary
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06:20 EDTASEIAmerican Science & Engineering downgraded to Sell at CRT Capital
CRT Capital downgraded American Science & Engineering to Sell from Fair Value.
September 30, 2014
18:36 EDTASEIOn The Fly: After Hours Movers
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18:07 EDTASEIAmerican Science & Engineering lower after guiding to Q2 net loss
Shares of American Science & Engineering (ASEI), a manufacturer of X-ray inspection and other detection products for homeland security, are sharply lower after disclosing that the company will record a net loss in the second quarter. WHAT'S NEW: AS&E is projecting a net loss for Q2 while the consensus estimate for Q2 EPS is 21c. The company said it has reduced its workforce by approximately 10% and has implemented additional targeted cost reductions to further reduce its operating expenses in response to the continued global volatility impacting its markets. "While our opportunity pipeline remains robust, we have reduced our expenses to manage through the quarter to quarter variability that has affected us and others in our industry. As we move forward, we will continue to execute on our strategic growth initiatives to help us leverage and capture the increased global opportunity pipeline for our expanded portfolio of product and service offerings," said AS&E CEO Chuck Dougherty. PRICE ACTION: Shares of American Science & Engineering are lower by almost 8% to $51.15 in after-hours trading. OTHERS TO WATCH: Other stocks in the homeland security space include: FLIR Systems (FLIR), I.D. Systems (IDSY), CACI International (CACI) and AeroVironment (AVAV).
16:10 EDTASEIAmerican Science & Engineering sees Q2 net loss, consensus for Q2 EPS 21c
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16:07 EDTASEIAmerican Science & Engineering reducing workforce by 10%
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16:06 EDTASEIAmerican Science & Engineering sees net loss in Q2
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16:00 EDTASEIAmerican Science & Engineering trading halted, pending news
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