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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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March 25, 2015
08:34 EDTRMGNRMG Networks raises $25M in private placement of convertible preferred stock
Roth Capital Partners served as the sole placement agent for the Financing.
March 19, 2015
06:08 EDTRMGNRMG Networks signs non-binding LOI to sell Airline Media Network business
RMG Networks announced it has entered into discussions with certain unaffiliated third parties regarding the proposed sale of its Media business, also known as the RMG Airline Media Network. The contemplated sale does not include the RMG Office Media Network. As a result of these discussions, RMG Networks has signed a non-binding letter of intent to sell its RMG Airline Media Network business for $5.5M, plus the assumption of certain liabilities to an unaffiliated third party. The parties are in the process of negotiating a definitive agreement.

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