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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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January 27, 2015
09:17 EDTUSATOn The Fly: Pre-market Movers
HIGHER: Silicon Image (SIMG), up 23% after signing agreement to be acquired by Lattice Semiconductor (LSCC)... USA Technologies (USAT), up 5% following nationwide roll-out of new Apple Pay points... TE Connectivity (TEL), up 3.9% following a Wall Street Journal report that the company is close to a deal with Commscope (COMM)... Select Comfort (SCSS), up 1% after being upgraded to Buy from Hold at Stifel. DOWN AFTER EARNINGS: Microsoft (MSFT), down 8.2%... Caterpillar (CAT), down 7.8%... Packaging Corp (PKG), down 8.3%... Peabody Energy (BTU), down 5.3%... Freeport-McMoRan (FCX), down 5.7%... Polaris Industries (PII), down 2.1%... United Technologies (UTX), down 2.3%... Procter & Gamble (PG), down 2.6%.
06:36 EDTUSATUSA Technologies announces nationwide rollout of new Apple Pay points
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January 16, 2015
09:44 EDTUSATUSA Technologies enters pact with MasterCard
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