Identive Group, Inc. (NASDAQ:INVE) completed the sale of its controlling interest in Rockwest Technology Group, Inc. d/b/a/ Multicard US (“the Multicard US business”) to George Levy, Matt McDaniel and Hugo Garcia, the founders and former owners of the Multicard US business. The divestiture of its Multicard US business is the result of organizational restructuring aimed at simplifying the Company’s business model and enhancing its focus on its core market activities. Identive Group, Inc. (NASDAQ:INVE) stock opened at $0.78 in last session, and closed at $0.794, while the day range of INVE stock is $0.73 – $0.83. The stock showed a negative weekly performance of -9.73%.
Sharing in the excitement of the development of the EPFL campus, Logitech International SA (USA) (NASDAQ:LOGI) announced that it will donate CHF 1 million to the innovative “Under One Roof” project, which unites an experimental Art & Sciences space and a demonstration pavilion under a single roof to connect science and culture. Logitech International SA (USA) (NASDAQ:LOGI) stock opened at $16.08, in last session and closed at $16.28, by gaining 1.09%. The 52 week range of LOGI is $6.24 – $16.46. Company’s market capitalization is $2.63billion.
NICE Systems Ltd (ADR) (NASDAQ: NICE) announced that it was named as one of the “World’s 50 Most Innovative Companies” in 2014 by Fast Company magazine. Nice Systems Ltd (ADR) (NASDAQ:NICE) stock advanced 0.20% and finished the last session at $39.45. The EPS of the stock remained 0.88. Company’s market capitalization is $2.43billion.
Kaneka Corp., a Japanese chemical manufacturing conglomerate, has signed an OLED technology license agreement with Universal Display Corp. (NASDAQ:OLED) in order to boost its presence in the phosphorescent Universal Display Corp. (NASDAQ:OLED) lighting sector. Universal Display Corporation (NASDAQ:OLED) stock opened the session at $32.20, and closed the session at $32.12. The 52 week range of the OLED stock remained $25.70 – $39.74 and the day range was $31.74 – $32.50.
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