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IkeGPS shares jump on Stanley Black & Decker deal

2014-11-18 19:50:50| Appliances - Topix.net

Shares of IkeGPS climbed 11 percent after the remote measuring device developer signed a manufacturing and distribution deal with Stanley Black & Decker which will help it meet its prospectus sales forecast. The deal underpins at least $1.47 million of original equipment sales for the 2016 financial year as set out in its June prospectus, chief executive Glenn Milnes told BusinessDesk.

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