Into the issue of improper payments to influence business, it is emerging that there is more than Ortho fix International NV (NASDAQ:OFIX) filed recently. The latest revelation is more detailed and claims that the company was tipped off about payments to doctors by its Brazil subsidiary to win business in the country. That happened after the company had already started investigations into the earlier tipoff about fixation business activities at its Brazil unit. The company is currently involving outside reviewers to look into potential bribery and violation of foreign corrupt practices act by its officials in Brazil. Ortho fix International NV(NASDAQ:OFIX) shares after opening at $30.34 moved to $31.98 on last trade day and at the end of the day closed at $31.82. Company price to sales ratio in past twelve months was calculated as 17.18 and price to cash ratio as 1.30. Ortho fix International NV (NASDAQ:OFIX) showed a positive weekly performance of 19.71%.
Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) is reported to have agreed with the shareholders of CEE Opportunity Partners Poland for the acquisition of a bigger stake in the company. PESI has agreed to acquire 80 per share capital stake. The finer details of the transaction such as cost of the deal were not immediately revealed. The agreement to boost position in share capital stake of CEE comes just when PESI has announced a new COO in the form of John Lash, taking over from James Blanken horn in interim capacity. Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) shares fell -2.05% in last trading session and ended the day on $4.78. PESI return on equity ratio is recorded as -6.40% and its return on assets is -3.90%. Perma-Fix Environmental Services, Inc. (NASDAQ:PESI) yearly performance is 15.18%.
In order to penetrate the market effectively and improve its revenue generation, software provider Wayside Technology Group, Inc. (NASDAQ:WSTG) tapped industry veteran Bill Botti to lead its sales in the capacity of executive vice president, starting April 21. WSTG looks to make the most out of its direct and reseller programs in order to capture more partners and information technology clients for the products it offers. Given the intense competition in the industry, it becomes natural for the company to have within its ranks executives with top-notch experience and perhaps expertise in technology sales. Thus, Mr. Botti brings invaluable sales and channel experience. He previously worked with Veeam Software as North America sales vice president, where he was credited for his immense contribution to the growth of partner sales at Veeam Software. Wayside Technology Group, Inc. (NASDAQ:WSTG) shares moved up 2.32% in last trading session and was closed at $20.30, while trading in range of $ 19.71 – 20.30. Wayside Technology Group, Inc. (NASDAQ:WSTG) year to date (YTD) performance is 51.72%.
B. Riley started coverage on shares of Integrated Silicon Solution, Inc. (NASDAQ:ISSI) in a research note issued on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $18.00 price target on the stock. B. Riley’s price target suggests a potential upside of 15.76% from the company’s current price. Integrated Silicon Solution, Inc. (NASDAQ:ISSI) weekly performance is 10.06%. On last trading day company shares ended up $15.64. Integrated Silicon Solution, Inc. (NASDAQ:ISSI) distance from 50-day simple moving average (SMA50) is 24.06%. Analysts mean target price for the company is $14.64.
Leave a Reply