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Friday, May 24, 2013 - 6:03am
Benzinga Market Primer: Friday May 24
The buy on the dip mentality seems to be alive and well in this market as the Dow erased a loss of more than 120 points to end close to flat on the day. Let’s not forget that this is a market that found a way to attract buyers on a day when the Nikkei was down more than 7 percent and took most of...
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Wireless Ronin Common Stock to Move to OTCQB; NASDAQ Delisting Based on Insufficient Shareholders' Equity
Thursday, May 23, 2013 - 4:31pmWireless Ronin Technologies (NASDAQ: RNIN), a leading marketing technologies provider, announced today that it has been notified by the NASDAQ Stock Market (NASDAQ) that trading in the Company's securities will be suspended on NASDAQ effective with the open of trading on May 31, 2013. On that same...
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Prime Acquisition Announces Receipt of Nasdaq Staff Determination Letter
Thursday, May 23, 2013 - 4:14pmPrime Acquisition (NASDAQ: PACQ), a special purpose acquisition company, today announced that, on May 17, 2013, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that Nasdaq's staff (the “Staff”) had determined not to grant...
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Thursday, May 23, 2013 - 1:43pm
Tesla Becomes Only American Auto Company to Fully Repay the Government
If you happen to be at a party with Elon Musk, first, congratulations on whatever made you your first couple of million, and second, you might want to steer clear because these days, the guy has to have an ego that would fill the room. And let’s be honest. If any of us had a year like he has,...
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Wednesday, May 22, 2013 - 9:07am
Electronic Arts Reverses Decision, Develops New Wii U Games
Electronic Arts (NASDAQ: EA) CFO Blake Jorgensen has confirmed that, contrary to the previous comments from company spokesperson Jeff Brown (and a barrage of negative tweets from an EA engineer), the company is developing games for Nintendo's (OTC: NTDOY) console. According to IGN, Jorgensen made...
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Wednesday, May 22, 2013 - 8:30am
The Mystery Irish Loophole that Landed Apple in Hot Water
Apple (NASDAQ: AAPL) found itself in unfamiliar territory on Tuesday. CEO Tim Cook was sitting in front of a congressional subcommittee spilling the beans about its offshore operations. Who had ever heard of these three “subsidiaries”, Apple Operations International (AOI), Apple Sales...
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Tuesday, May 21, 2013 - 8:35am
The Top 10 Notable Quotes from Apple's Senate Statement
On Tuesday, Apple (NASDAQ: AAPL) CEO Tim Cook will testify before a Senate subcommittee. According to Reuters, on Monday, the subcommittee released a 40 page memorandum that claims to have identified three Irish subsidiaries that have no tax residency in Ireland and have paid no corporate...
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VisionChina Media Receives Deficiency Letter from NASDAQ Due to Delay in Filing Annual Report on Form 20-F
Monday, May 20, 2013 - 4:22pmVisionChina Media (Nasdaq: VISN), one of China's largest out-of-home digital television advertising networks on mass transportation systems, today announced that on May 16, 2013, the Company received a letter (the "Letter") from NASDAQ Stock Market LLC ("NASDAQ") indicating that it was not in...
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OSI Systems Provides Update on TSA Show Cause Letter
Monday, May 20, 2013 - 9:18amOSI Systems (NASDAQ: OSIS), today announced that its Security division, Rapiscan Systems, has been notified that the Department of Homeland Security ("DHS") issued a Notice of Proposed Debarment in connection with a Show Cause letter from the Transportation Security Administration ("TSA") received...
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Judge Blocks $13M Arbitration Over Mortgage-Backed Securities Against SunTrust -Reuters
Friday, May 17, 2013 - 2:36pm


