Latest Finance Stories
Company Closes First Two Acquisitions in the Internet and Mobile Gaming Space HARRISON, N.Y., May 21, 2013 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), announced today financial results for the first quarter of 2013. The Company reported basic earnings per share of $0.33 ($0.24 per share, fully diluted), versus a net loss of $0.22 per share in the corresponding quarter of 2012. The Company cautions investors that the current quarter's results are not necessarily...
- Expects strong growth for 2013 based on existing contracts and a robust pipeline for its high value-add capabilities BAAR, Switzerland, May 21, 2013 /PRNewswire/ -- One Horizon Group, Inc. (OTCQB: OHGI) ("One Horizon Group" or the "Company"), which develops software application platforms that optimize mobile voice, instant messaging and advertising communications over the Internet, today announced unaudited financial results for the three months ended March 31, 2013. Financial...
Company positioned for rapid growth and continued product innovation SAN FRANCISCO, Calif., May 21, 2013 /PRNewswire-iReach/ -- Brightpearl (www.brightpearl.com), cloud software that integrates orders, inventory and customer data across multiple retail channels, today announced it has raised $8 million in a Series B financing, which was co-led by seed investors Eden Ventures and Notion Capital. Additionally the company announced that Andy Young has joined as chief marketing officer,...
ATLANTA, May 21, 2013 /PRNewswire/ -- The Home Depot(®), the world's largest home improvement retailer, today reported sales of $19.1 billion for the first quarter of fiscal 2013, a 7.4 percent increase from the first quarter of fiscal 2012. Due to the 14th week in the fourth quarter of fiscal 2012, first quarter sales benefited from a seasonal timing change that added approximately $574 million to sales. On a like for like basis, comparable store sales for the first quarter of...
SHENZHEN, China, May 21, 2013 /PRNewswire/ -- Mindray Medical International Limited (NYSE: MR), a leading developer, manufacturer and marketer of medical devices worldwide, announced today that on April 8, 2013, it filed with the Securities and Exchange Commission an Annual Report on Form 20-F that included audited financial statements for the year ended December 31, 2012. An electronic version of Mindray's Annual Report on Form 20-F is available on Mindray's investor relations...
CANTON, Mich., May 21, 2013 /PRNewswire/ -- MTR Investors Group, LLC (MTRIG.com), a leader in stock market and option research, today announced an upgrade of the Covered Call and Cashed Secured Put Screener. This advanced feature allows members of MTRIG.com to search for the highest return covered calls and cash secured (naked put) option trades. (Logo: http://photos.prnewswire.com/prnh/20130521/DE17826LOGO) "Our Covered Call and Cash Secured Put Screener continues to evolve by...
BEIJING, May 21, 2013 /PRNewswire/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF) ("TechFaith" or the "Company") today announced unaudited financial results for the first quarter ended March 31, 2013. For the first quarter of 2013, TechFaith reported net revenues of US$28.2 million, compared to US$31.0 million in the fourth quarter of 2012 and US$42.7 million in the first quarter of 2012. This is in line with the Company's previously issued...
LARGO, Fla., May 21, 2013 /PRNewswire/ -- GDT Tek, Inc., (OTC: GDTK) today announced the elimination of over $10,000,000 of debt. The debt eliminated as per agreement with regard to certain assets and corresponding debt that incurred for the development of those assets. These assets and now its corresponding debt belong to the Private Company that was once public. GDTK released all rights to those assets thereby eliminating debt from GDT Tek's balance sheet. The steps taken...
HOUSTON, May 21, 2013 /PRNewswire/ -- Flotek Industries, Inc. (NYSE:FTK) ("Flotek" or the "Company") today announced that the Board of Directors unanimously elected Carla Schulz Hardy to the Company's Board of Directors. Ms. Hardy, 47, a member of the founding family of Florida Chemical Company, Inc., served as Chairman of the Board of Florida Chemical Company, Inc. Founded by Ms. Hardy's father more than 70 years ago, Florida Chemical - now a wholly-owned subsidiary of Flotek - is...
HARTFORD, Conn., May 21, 2013 /PRNewswire/ -- United Technologies Corp. (NYSE: UTX) today announced the early tender results as of 5 p.m. (New York City time) on May 20, 2013 for the previously announced debt tender offers (the "Offers") for two series of outstanding notes issued by the Goodrich Corporation, which is now a wholly owned subsidiary of UTC, and one series of outstanding notes issued by UTC. As of that time, approximately $102.9 million principal amount of the 2016...
