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Stock Market & Financial Investment News

News Breaks
March 11, 2013
16:38 EDTLAKELakeland Industries reports material developments
Lower than expected sales in Brazil for the quarter ended January 31, 2013 resulting in anticipated operating loss in Brazil $11.5 million goodwill impairment charge in Brazil ;Potential default on bank line of credit with TD Bank; Lower than expected sales in the quarter ended January 31, 2013 in Brazil will likely result in an operating loss from Brazil in such quarter. In view of the recent operating losses incurred by Lakeland Brazil, management determined that the carrying amount of the goodwill related to our Brazil subsidiary exceeded its fair value, which was estimated based on the present value of expected future cash inflows.
News For LAKE From The Last 14 Days
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October 17, 2014
09:46 EDTLAKESarepta soars after publication of Ebola drug candidate data
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October 16, 2014
12:30 EDTLAKELakeland Industries management to meet with Benchmark Co.
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October 15, 2014
10:49 EDTLAKEEbola linked names rise again amid broader market sell-off
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October 14, 2014
09:46 EDTLAKELakeland Industries falls sharply on heavy volume
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October 10, 2014
17:14 EDTLAKEMarket ends week lower amid global growth worries
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October 9, 2014
16:25 EDTLAKEOn The Fly: Closing Wrap
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14:55 EDTLAKEHospital says deputy showing no signs of Ebola, AP reports
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12:06 EDTLAKELakeland Industries continues surge amid Ebola fears
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October 8, 2014
13:11 EDTLAKELakeland Industries up 10% following death of U.S. Ebola patient in Texas
Lakeland Industries makes hazmat suits for use in handling the Ebola virus. Shares are up 10% in afternoon trading to $11.04.

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