Business Software & Services: Formula Systems (1985) (NASDAQ:FORTY), TSR Inc (NASDAQ:TSRI), MAM Software Group Inc. (NASDAQ:MAMS), KONE

Formula Systems (1985) Ltd. (NASDAQ:FORTY)is a global information technology (IT) solutions and services company based in Israel. The Company is principally engaged in providing software consulting services, developing software products and providing computer-based business solutions. It delivers its solutions in over 50 countries worldwide to customers with IT services needs. Formula Systems (1985) Ltd. (ADR) (NASDAQ:FORTY) stock opened at $27.56 in last session, and closed at $27.56, while the day range of stock is $27.56- $27.56. The stock showed a positive weekly performance of 3.73%.

TSR, Inc., (NASDAQ:TSRI) reported it will resume its previously approved stock repurchase program, under which TSR is authorized to purchase up to 56,318 additional shares of its common stock. TSR Inc (NASDAQ:TSRI) stock closed at $3.28, by losing -3.53%. The 52 week range of the stock is $2.90 – $4.00. Company’s market capitalization is $6.44 million.

MAM Software Group, Inc. (NASDAQ:MAMS) formerly Aftersoft Group, Inc. provides software, information and related services to businesses engaged in the automotive aftermarket in the United States, Canada, the United Kingdom and Ireland. MAM Software Group Inc. (NASDAQ:MAMS) stock decreased -0.17% and finished the last session at $5.79. The EPS of the stock remained 0.21. Company’s market capitalization is $84.04 million.

Kingtone Wirelessinfo Solution Holding Ltd (NASDAQ:KONE) is a holding company. The Company is a developer and provider of mobile enterprise solutions. Mobile enterprise solutions allow company personnel whose work function requires mobility to be connected with enterprise information technology (IT) systems, including Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM). Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) stock opened the session at $8.03, and closed the session at $7.64. The 52 week range of the stock remained $0.99 – $16.74 and the day range was $7.26- $8.09.

Business Software & Services: Formula Systems (1985) (NASDAQ:FORTY), TSR Inc (NASDAQ:TSRI), MAM Software Group Inc. (NASDAQ:MAMS), KONE

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