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Stock Market & Financial Investment News

News Breaks
November 20, 2012
19:09 EDTOTIVOn Track Innovations Board to convene extraordinary meeting of shareholders
On November 20, On Track Innovations advised Jerry Ivy's counsel that the board of directors of the company decided to convene an extraordinary meeting of shareholders, to be held no later than December 31. The agenda for such meeting is expected to include the following items: (i) voting on amendments to the company’s Articles of Association so as to enable removal of directors in midterm and election of new directors in the course of an extraordinary meeting; and (ii) voting on removal of directors and election of new directors as provided in the request of Ivy as stated in his Schedule 13D/A filed on October 22.
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August 28, 2014
13:36 EDTOTIV Apple's new iPhone may offer NFC mobile payments, Wired says
Apple's (AAPL) new iPhone which is expected to debut on September 9 will feature NFC technology that will enable mobile payments, says Wired, citing unnamed sources. Apple is in a good position to enter the mobile payment space as the company has a multitude of credit cards on file from iTunes, added Wired. Note that On Track Innovations (OTIV) which designs, develops, and markets cashless payment solutions, is up 19% in afternoon trading after this report circulated. Reference Link
August 26, 2014
08:35 EDTOTIVOn Track Innovations awarded order for its Saturn NFC readers by U.S. partner
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