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Stock Market & Financial Investment News

News Breaks
November 20, 2012
08:36 EDTIECIEC Electronics sees FY13 adjusted EPS 88c-93c, consensus 88c
Sees FY13 revenue growth from existing business 9%-14%.
News For IEC From The Last 14 Days
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January 28, 2015
11:38 EDTIECVintage Capital believes seven nominees elected to IEC Electronics board
Vintage Capital Management, LLC, the largest shareholder of IEC Electronics Corp., announced that, based on preliminary vote tabulations by its proxy solicitor, Innisfree M&A Incorporated, Vintage believes that its slate of seven nominees have been elected to IEC’s board of directors at the Annual Meeting today. The certification of the final results by IVS Associates, Inc., the independent inspectors of election, is expected to be announced shortly. Vintage Capital made the following comment regarding the preliminary vote tabulations: “This is a significant victory for all IEC stockholders. We are eager to work diligently along with IEC’s talented employees to create sustained value for the benefit of all stockholders, employees, customers and the company’s other constituencies and stakeholders. We thank all of the IEC stockholders for their support and we look forward to a successful future at IEC.”
January 26, 2015
07:11 EDTIECIEC Electronics issues letter regarding misleading statements by Vintage
IEC Electronics issued a letter from CEO and Chairman of the Board, W. Barry Gilbert to stockholders filed with the SEC. Highlights of the text begins: "Starting with our first letter to you in the Vintage proxy contest, we have pointed out omissions, falsehoods and misleading statements by Vintage designed to influence stockholder voting. Vintage has not refuted our statements about their distortions. Perhaps they have determined they are better off not trying to defend the indefensible and continue their program of misrepresenting the truth. Vintage's most recent statement about the proxy advisors is no exception. The facts are that the two leading proxy advisory firms did not support Vintage taking control of the IEC board; a third less well-recognized firm supported the Vintage slate."
January 22, 2015
14:17 EDTIECVintage: All major proxy advisors recommend IEC Electronics holders vote GOLD
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January 16, 2015
14:19 EDTIECVintage Capital: ISS recommends IEC Electronics holders vote on GOLD proxy card
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