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Stock Market & Financial Investment News

News Breaks
January 9, 2014
06:15 EDTUSATS.A.V.E. Partners calls on USA Technologies to explore sale
S.A.V.E. Partners disclosed that it delivered a letter to the board of USA Technologies (USAT) on January 8 calling upon it to "immediately commence a process to explore and evaluate all potential strategic alternatives, including a sale of the Issuer, to maximize value for all shareholders." The letter stated in part, "Given USATís inherent value that we believe could be unlocked by a better capitalized entity with an enhanced management team, we strongly believe that a sale of the Company could produce immediate and certain value for USATís shareholders in the range of $4.00-$6.00 per share." S.A.V.E. Partners has a 5.5% stake in USA Technologies. The stock closed yesterday up 1c to $2.26.
News For USAT From The Last 14 Days
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November 14, 2014
09:16 EDTUSATOn The Fly: Pre-market Movers
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07:07 EDTUSATUSA Technologies reports Q1 adjusted EPS (2c), consensus (1c)
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07:07 EDTUSATUSA Technologies sees FY15 revenue $51M-$53M, consensus $50.63M
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