Revenue Increases 49%, Net Profit Up 278%
Recon Technology, Ltd. (RCON) ("Recon" or the "Company"), a Chinese non-state-owned oilfield services provider to oil and gas companies and their affiliates, today reported results for its second quarter of fiscal 2013 ended December 31, 2012.
Steel Holdings agrees to acquire 7.5 million ModusLink shares at $4 per share, representing 45% premium
Company announces settlement with Handy & Harman Ltd. in relation to upcoming annual meeting of stockholders
ModusLink Global Solutions(TM),Inc. (MLNK) today announced that it has entered into an investment agreement with Steel Partners Holdings L.P. (NYSE: SPLP, “Steel Holdings”), which together with certain affiliates, including Handy & Harman Ltd. (NASDAQ: HNH, “Handy & Harman”) (together, the “Steel Group”), beneficially owns 14.9 percent of ModusLink’s outstanding shares.
Fourth Quarter 2012 net revenues increase 33% year-over-year to $351.8 million
Full Year 2012 net revenues increase 35% year-over-year to $640.6 million
Record Full Year Adjusted EBITDA of $128.1 million, 53% higher than 2011
48th consecutive quarter of year-over-year net revenue growth
Shutterfly, Inc. (SFLY), the leading manufacturer and digital retailer of high-quality personalized products and services offered through a family of lifestyle brands, today announced financial results for the fourth quarter and full year-ended December 31, 2012.
Activist Investor Uniquely Positioned To Maximize Shareholder Value
Elliott Management Corp, affiliates of which own or have an interest economically equivalent to 8.0% of the common stock of Compuware Corporation (CPWR), today sent the following letter to the company's Board of Directors offering to acquire the company for $11.00 per share in cash, or an aggregate of $2.3 billion. Elliott is a multi-strategy investment firm with deep experience investing in public and private companies and an extensive track record of successfully structuring and executing transactions in the technology space.
Q1 FY '2013 Revenue Up 83%, Net Loss Decreases by 31%
Recon Technology, Ltd (RCON), an oilfield services provider that operates primarily in the People's Republic of China (the "Company"), today announced its financial results for first quarter fiscal year 2013 ended September 30, 2012.
Q1 FY '13 Highlights
