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Stock Market & Financial Investment News

News Breaks
April 1, 2014
09:06 EDTRMGNRMG Networks price target lowered to $8 from $10 at Roth Capital
Roth Capital reduced its price target on RMG after the company said it anticipates a year-over-year sales decline in Q1. The firm believes that the anticipated decline in RMG's Q1 sales is attributable to temporary headwinds in its media segment. Roth keeps a Buy rating on the stock.
News For RMGN From The Last 14 Days
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July 24, 2014
16:29 EDTRMGNRMG Networks names Robert Michelson as Interim CEO, Loren Buck as COO
RMG Networks announced that its board has appointed Robert Michelson, 58, as interim president and interim CEO, effective immediately. This appointment follows the resignation of Garry McGuire Jr. as the company's president and CEO and his resignation from RMG Networks' board to focus on other professional opportunities. In addition to Michelson's appointment, the company also announced that Loren Buck has been promoted to COO from executive VP of strategy and business operations, effective immediately. Most recently, Michelson held senior management roles with leading technology and technology services companies including Share Rocket, Goliath Solutions and IXL.

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