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Stock Market & Financial Investment News

News Breaks
June 16, 2014
11:41 EDTRSTNierenberg Investment reports 8.0% stake in Rosetta Stone
Nierenberg is changing its filing status from 13G to 13D because it has been in frequent contact with RST management, and is now advocating actions which it believes could help tighten the company’s strategic focus and substantially improve its free cash flow.
News For RST From The Last 14 Days
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July 7, 2015
16:05 EDTRSTRosetta Stone provides update on strategic plan, retains outside advisors
Rosetta Stone announced that in conjunction with its previously announced strategic plan, the Company has retained outside financial and legal advisors to assist management and its Board with their ongoing comprehensive review to analyze potential options to improve financial performance and enhance shareholder value. There is no set timetable for the review process. The Company does not intend to disclose or comment on further developments unless and until its Board approves a specific action, it otherwise concludes its review or as required by law. The Company also stated that it is continuing to implement its previously announced strategic plan, which it believes will deliver attractive value for shareholders. The Company's strategic plan focuses its corporate strategy to align resources around its Global Enterprise and Education segment, optimize the profitability of its Consumer segment, and simplify and improve efficiency across its businesses.
June 26, 2015
12:22 EDTRSTRosetta Stone exploring strategic alternatives, says dealReporter
Rosetta Stone is exploring strategic alternatives in response to activist investor pressures, dealReporter says citing a source.

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