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Stock Market & Financial Investment News

News Breaks
August 8, 2014
07:57 EDTPHMDPhotoMedex downgraded to Hold at Canaccord
As reported previously, Canaccord downgraded PhotoMedex to Hold from Buy citing its lower than expected results and uncertainty as to when the environment for media purchasing will improve. The firm lowered its price target on the stock to $8 from $15.
News For PHMD From The Last 14 Days
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June 23, 2015
09:33 EDTPHMDPhotoMedex mentioned positively in a Seeking Alpha blog
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09:14 EDTPHMDOn The Fly: Pre-market Movers
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09:02 EDTPHMDPhotoMedex reports 'strong' sales of no!no! during recent events
PhotoMedex announces two very successful live television home shopping sales events, one in the U.S. at the end of May and the other in the UK at mid-June. Consumers purchased approximately 17,400 units of no!no! Hair and retail sales of nearly $3.5M in a 24-hour period in the U.S. The company’s unit sales exceeded its pre-event expectations, and also exceeded a similar event on home shopping in May 2014 by approximately 4,000 units. In the UK, an event was held on a separate home shopping network exceeding the targeted expectations by completely selling out inventory purchased for the event.
08:05 EDTPHMDPhotoMedex sells XTRAC, VTRAC businesses to MELA for $42.5M in cash
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