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Stock Market & Financial Investment News

News Breaks
August 7, 2014
09:23 EDTTASRTASER upgraded to Buy from Neutral at Dougherty
News For TASR From The Last 14 Days
Check below for free stories on TASR the last two weeks.
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September 25, 2014
09:59 EDTTASRTASER to provide stun guns for all Dallas patrol officers, Dallas News reports
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September 24, 2014
10:11 EDTTASRTASER advances after analyst says recent decline unjustified
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08:23 EDTTASRTASER recent pullback unwarranted, says Ladenburg
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September 18, 2014
08:41 EDTTASRCRT Capital continues to recommend avoiding Taser
CRT Capital continues to recommend avoiding Taser shares and would be short in the low $20s. The firm expects continued body camera orders but said many are trials and margins are low. They believe the market of on-officer cameras is limited and there is lots of competition. Shares are Fair Value rated with a $12 price target.
September 16, 2014
14:38 EDTTASRTASER, Digital Ally climb after report praises police cameras
Shares of TASER (TASR) and Digital Ally (DGLY) - which both make wearable cameras for police officers - are rising after a report praised such devices. The report was written by an independent research organization called The Police Executive Research Forum, with support from the Justice Department. WHAT'S NEW: Wearable cameras have strengthened accountability and transparency in many ways, the report quoted all police executives with whom it spoke as saying. The cameras have enabled agencies to find and correct "large structural problems" and have increased the professionalism of officers, the report stated. Implementing wearable cameras has caused complaints to decline, while improving interactions between offices and the public, the report added. Furthermore, the wearable cameras have enhanced the ability of officers to collect evidence. The report features several quotes of high ranking officials discussing the benefits of wearable cameras for police. The Deputy Assistant Attorney General of the Justice Department's Civil Rights Division, Roy Austin, Jr., is quoted as saying that, "Some police departments are doing themselves a disservice by not using body-worn cameras," as not having the cameras puts police at a disadvantage when dealing with citizens who do carry cameras. Additionally, if police departments are investigated by the Civil Rights Division, wearable cameras can show that they are following the Constitution, Austin stated. However, the report did urge agencies to consider privacy issues before implementing wearable camera and it suggested that officers could have concerns about wearing cameras. PRICE ACTION: In mid-afternoon trading, TASER advanced 1% to $18, well off its low for the day of $17.38, and Digital Ally climbed 2% to $19.03, well off its daily low of $18.16.
12:38 EDTTASRDigital Ally, TASER up after DoJ releases report discussing body cameras
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