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U.S. says alleged architect of Avon, Rocky Mountain stock hoaxes arrested

2016-03-11 02:40:29| Food - Topix.net

The alleged architect of hoaxes that drove up the share prices of Avon Products Inc and Rocky Mountain Chocolate Factory Inc has been arrested in Bulgaria and charged with eight U.S. criminal counts, federal prosecutors said on Thursday. Nedko Nedev, 38, a dual U.S.-Bulgarian citizen, was accused of having engineered bogus takeover bids for Avon and Rocky Mountain, and conducted insider trading ahead of a buyout offer for U.S. insurer Tower Group International Ltd. U.S. prosecutors said they plan to seek Nedev's extradition to the United States to face six counts of fraud and two counts of aggravated identity theft.

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LSI Industries, Inc. (LYTS) CFO Sells $246,400.00 in Stock

2016-03-11 01:35:52| Industrial Machines - Topix.net

LSI Industries, Inc. CFO Ronald S. Stowell sold 22,000 shares of LSI Industries stock in a transaction that occurred on Tuesday, March 8th. The shares were sold at an average price of $11.20, for a total value of $246,400.00.

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LSI Industries, Inc. (LYTS) CFO Sells $246,400.00 in Stock

2016-03-11 00:48:02| Furniture - Topix.net

LSI Industries, Inc. CFO Ronald S. Stowell sold 22,000 shares of LSI Industries stock in a transaction that occurred on Tuesday, March 8th. The shares were sold at an average price of $11.20, for a total value of $246,400.00.

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Navistar International Corp (NAV) Stock Rating Reaffirmed by Jefferies Group

2016-03-10 21:25:41| Automakers - Topix.net

's stock had its "buy" rating reissued by equities researchers at Jefferies Group in a report released on Thursday, Analyst Ratings Net reports. They presently have a $20.00 price target on the stock.

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The Ratings Game: Coke's stock shoots up to record levels

2016-03-10 21:16:18| Beverages - Topix.net

Shares of Coca-Cola Co. surged to fresh record levels Thursday, after an analyst made the case for a multiyear run of outperformance over its rivals and the broader stock market.

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