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Stock Market & Financial Investment News

News Breaks
August 16, 2012
08:30 EDTDGLYDigital Ally announces plans for 1-for-8 reverse stock split
Digital Ally announced that it has filed a notice with The Nasdaq Stock Market stating that its Board of Directors has voted to effect a 1-for-8 reverse split of its issued and outstanding common stock. The reverse stock split will be effective Aug. 24. The company is taking such action in order to comply with the minimum closing bid price requirement for continued listing on The Nasdaq Capital Market. In order to remain listed, the closing bid price of the company's common stock must be $1.00 per share or higher for a minimum of ten consecutive business days prior to Sept. 10, under applicable Nasdaq rules.
News For DGLY From The Last 14 Days
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April 17, 2015
09:29 EDTDGLYMet police force to buy up to 30,000 body cameras, The Register says
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April 16, 2015
10:56 EDTDGLYS.C. Senate subcommittee passes police body camera bill, Herald reports
A South Carolina Senate subcommittee has passed a bill that would require body cameras for all the states' police officers, reported The Herald, which noted that the bill now heads to the full judiciary committee for another hearing. TASER (TASR) and Digital Ally (DGLY) are makers of police body cameras and related systems. Reference Link
April 8, 2015
13:30 EDTDGLYSenator calls for South Carolina to equip officers with body cameras, AP says
South Carolina senator Marlon Kimpson, whose district includes North Charleston, where a fatal shooting of a black man by a white police officer occurred, says he hopes the shooting advances legislation that would require all South Carolina police officers to wear body cameras, says AP. Companies that manufacture body cameras include Digital Ally (DGLY) and TASER International (TASR). Reference Link
13:14 EDTDGLYNorth Charleston SC will equip officers with body cameras, Reuters says

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