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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:07 EDTWPCS, NDAQWPCS granted continued listing request from NASDAQ
WPCS (WPCS) announced that on July 1, the company received notice from The NASDAQ (NDAQ) Stock Market that the NASDAQ Hearing Panel has determined to grant the company's request for continued listing on The NASDAQ Capital Market, subject to certain conditions, including the solicitation of proxies and the holding of a combined annual meeting for fiscal 2013 and 2014 by September 30. As previously disclosed, on May 2, the NASDAQ Listing Qualifications Staff notified the company that it did not timely satisfy the annual meeting and proxy solicitation requirements, as set forth in NASDAQ Listing Rules 5620(a) and 5620(b), respectively, and that the company's securities were subject to delisting unless the company timely requested a hearing before the Panel. On June 12, the company appeared before the Panel, at which it requested an extension through September 30 to satisfy the proxy solicitation and annual meeting requirements.
News For WPCS;NDAQ From The Last 14 Days
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July 30, 2015
15:00 EDTNDAQNASDAQ, Markit are potential suitors for IDC, WSJ reports
Nasdaq (NDAQ) and Markit (MRKT), in addition to some private equity firms, are potential bidders for financial data provider Interactive Data Corp., says the Wall Street Journal. A deal for IDC, which is pursuing a possible sale or IPO, could value the company at over $5B, including debt, added the Wall Street Journal. Reference Link
14:43 EDTNDAQNASDAQ, Markit have expressed interest in IDC, WSJ reports
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July 23, 2015
17:13 EDTWPCSJohn Stetson reports 9.99% passive stake in WPCS International
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08:38 EDTNDAQNASDAQ says valuations in deal market 'frothy'
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08:16 EDTNDAQNASDAQ backs FY15 operating expense view of $1.085B-$1.11B
08:15 EDTNDAQNASDAQ says U.S. IPO win rate was 70% for Q2
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08:12 EDTNDAQNASDAQ CEO says NFX to begin trading tomorrow
Greifeld said, "As we move into the second half of 2015, we look forward to continuing our strong performance in foundational equity listings and trading businesses, working to accelerate growth through product enhancements and other initiatives, and to launching NFX, a broad-based partnership with leading market participants to bring more significant choice to the energy derivatives market." NASDAQ CEO Bob Greifeld made the comments in the company's press release and during its Q2 earnings conference call.
07:07 EDTNDAQNASDAQ reports Q2 EPS 83c, consensus 80c
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06:47 EDTNDAQNasdaq, NYSE plan deal for closing auction back ups, WSJ reports
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July 20, 2015
09:07 EDTWPCSWPCS International regains compliance with NASDAQ continued listing standards
WPCS International announced that on July 16, it received written notification from the Listing Qualifications Staff of The NASDAQ Stock Market that WPCS had regained compliance with the continued listing standards on the NASDAQ Capital Market and that WPCS' common stock would continue to be listed on NASDAQ. On July 15, WPCS had informed the Staff that, as a result of closing a $1.5M private placement, its stockholders' equity exceeded the minimum $2.5M stockholders' equity requirement.
July 17, 2015
16:25 EDTWPCSAmerican Capital reports 8.3% passive stake in WPCS International

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