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Stock Market & Financial Investment News

News Breaks
June 9, 2014
15:05 EDTIDT, COOL, TPLM, ENZ, KANGNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include iKang Healthcare (KANG), consensus (11c); Triangle Petroleum (TPLM), consensus 12c; IDT Corporation (IDT), one estimate 28c; Enzo Biochem (ENZ), consensus (9c); and Majesco Entertainment (COOL), consensus (5c).
News For KANG;TPLM;IDT;ENZ;COOL From The Last 14 Days
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August 31, 2015
08:38 EDTKANGiKang Healthcare receives preliminary non-binding 'going private' proposal
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August 27, 2015
08:34 EDTIDTIDT Corp announces strategic reorganization
IDT Corporation announced that its board has approved a plan to reorganize the company into three separate entities by spinning off two business units to its stockholders. The reorganization marks the next stage in IDT's tradition of incubating and spinning-off successful businesses. The three separate companies will feature IDT Telecom, Zedge, and IDT's other holdings: IDT Telecom is a global provider of retail and wholesale telecommunications and payment services. IDT Telecom's retail offerings include prepaid voice and payment services primarily to immigrant communities under the Boss Revolution brand. IDT Telecom's wholesale carrier business is a leading, global carrier of international long distance voice traffic. Zedge provides one of the most popular content platforms for mobile device personalization including ringtones, wallpapers, home screen icons and game recommendations. Its smartphone app, available in both Google Play and iTunes, has been installed over 160M times and has averaged among the top twenty most popular apps in the Google Play store in the US for the past five years. IDT owns approximately 83% of Zedge. IDT's other holdings comprise a Gibraltar-based bank, real estate holdings including its headquarters building and garage in Newark, NJ and an operations building in Piscataway, NJ as well as interests in other, mainly early stage, business initiatives. This entity will retain cash resources for investment in technology and other ventures.

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