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Stock Market & Financial Investment News

News Breaks
November 26, 2012
17:53 EDTNEPTNeptune Technologies to layoff 70 employees temporarily
Neptune plans to retain approximately 30 of its Sherbrooke employees, 10 full-time and 20 part-time, employed to work on the reconstruction of an operational production facility. Neptune will temporarily layoff over 70 employees in Sherbrooke and at its Laval head office. The duration of the layoff has not been determined and is dependent on Neptune's ability to resume production at a new operational production facility. Senior management and employees of Neptune will be taking salary reductions of at least 20% for an interim period during plan implementation. These salary reductions may be paid in full or in part at a later date upon, among other things, a successful implementation of the plan and improved financial results of Neptune. Neptune expects the decrease of its workforce and reductions in salary to save approximately 45% of its labor costs while such measures are in place.
News For NEPT From The Last 14 Days
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July 17, 2014
10:11 EDTNEPTNeptune Technologies receives USPTO patent
Reference Link
July 15, 2014
17:56 EDTNEPTNeptune Technologies reports Q1 revenue C$3.64M vs. C$6.08M last year
Gross profit as a percent of revenue was 14% for the current quarter, versus 10% for the corresponding prior year quarter. Reports Q1 Adjusted EBITDA (C$3.77M) vs. (C$2.7M) in the prior year. Reports Q1 net loss (C$5.7M) vs. (C$3.38M) last year.
July 9, 2014
11:24 EDTNEPTHigh option volume stocks
High option volume stocks: GIMO NEPT BPOP AVAV CBSO LL BOBE KWK GNC TCS

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