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Stock Market & Financial Investment News

News Breaks
December 3, 2012
07:06 EDTMFLXMulti-Fineline enters into registration rights agreement with WBL Corp.
Multi-Fineline and WBL Corporation announced that they have entered into a registration rights agreement. WBL's beneficial ownership in MFLEX is approximately 62%. In accordance with the Registration Rights Agreement, MFLEX intends to file a shelf registration statement on Form S-3 with the SEC to register all 14,817,052 shares of common stock held by WBL for resale. MFLEX is not registering any primary shares to sell on its own behalf. MFLEX also announced today that it is entering into a 10b5-1 plan providing for the repurchase of up to 200,000 shares in the aggregate of the company's common stock on the open market.
News For MFLX From The Last 14 Days
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April 16, 2015
16:36 EDTMFLXMulti-Fineline sees Q1 preliminary revenue $145-$150, two estimates $145.70M
Revenue guidance is at mid to high end of company guidance range $130M-$160M. Anticipates Q1 gross margin above company's guidance, 12%-13%. Company's largest customer is anticipated to account for 65% of net sales, with newer customers contributed 30%. "We expect Q2 results to be strong and in line with our first quarter results," said the company.
16:31 EDTMFLXMulti-Fineline CFO Tom Liquori resigns
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