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Stock Market & Financial Investment News

News Breaks
June 5, 2014
07:24 EDTEIG, CBU, AFOP, PRTS, ZBB, FC, CBZ, SMCI, TOWR, MFI, SPA, KONAThree Part Advisors to hold a conference
East Coast IDEAS Conference to be held in Boston on June 5.
News For KONA;SMCI;PRTS;SPA;CBZ;AFOP;MFI;FC;CBU;TOWR;ZBB;EIG From The Last 14 Days
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August 26, 2015
14:48 EDTTOWRTower International mentioned positively in a Seeking Alpha article
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07:51 EDTSPAThree Part Advisors to hold a conference
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August 24, 2015
16:07 EDTAFOPAlliance Fiber Optic announces $25M stock repurchase program
Alliance Fiber Optic Products announced that its board has approved a stock repurchase program under which it will begin purchasing up to $25M of its outstanding shares of Common Stock. The duration of the repurchase program is open-ended.
09:02 EDTSPASparton, L-3 reach settlement agreement; Sparton to pay L-3 $2.5M
Sparton Corporation (SPA) has signed a settlement agreement to pay L-3 Communications (LLL) $2.5M. On September 24, 2013, L-3 Communications Corporation, doing business as L-3 Linkabit, filed a complaint in the United States District Court for the Middle District of Florida, Orlando Division, against Sparton Corporation and Sparton Electronics. On August 20, 2015, Sparton and L-3 signed a mutual accord resolving the dispute. The agreement requires payment from Sparton to L-3 on or before October 1, 2015 in consideration for dismissal of the litigation. Neither party admitted to any mistakes, damage or fault. "This settlement has resulted in a positive business outcome between our two companies," stated Cary Wood, President & CEO of Sparton. "Our on-going relationship with L-3 remains solid and we expect to continue to be partners well into the future. The new business development funnel continues to be strong overall and includes a number of key L-3 programs currently in the quote phase. With fiscal 2015's adjusted earnings per share to be announced on September 8, 2015 in-line with analyst consensus, it allows us to enter fiscal 2016 with a clean slate by having this dispute and the Fenwal rebalancing activities well behind us, setting us up for what we expect to be a successful fiscal 2016 on all fronts."
August 20, 2015
14:44 EDTCBUCommunity Bank System raises quarterly dividend to 31c from 30c per share
The dividend will be payable on October 9 to shareholders of record as of September 15.
August 17, 2015
09:02 EDTSPASparton, Ultra Electronics USSI JV awarded $16.1M in contracts
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08:40 EDTZBBZBB Energy changes name to EnSync
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