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Stock Market & Financial Investment News

News Breaks
June 30, 2014
09:17 EDTMICTMicronet Enertec purchased 3.9% of Micronet and increased ownership to 62.5%
Micronet Enertec announced that its wholly owned subsidiary Enertec Electronics, Ltd. signed a definitive agreement to acquire 736,341 shares of Micronet constituting 3.9% of the issued and outstanding shares of Micronet from Rafi Katz, Micronet's former CEO. The consideration for the purchased shares is $642,000. After closing of the transaction, the Company's ownership will increase to 62.5% of the issued and outstanding shares of Micronet.
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September 9, 2014
10:51 EDTMICTMicronet Enertec upgraded to Buy from Hold at Aegis
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