Qumu Corporation (NASDAQ: QUMU), a leader in enterprise video platforms, announced the closing of its previously announced all-cash sale of the Rimage disc publishing assets to Redwood Acquisition, Inc., a wholly-owned subsidiary of Equus Holdings, Inc. Redwood Acquisition is now known as Rimage Corporation. The completion of this transaction enables Qumu to focus effort and resources exclusively on the Company’s high growth enterprise video content management software business, which has been recognized as a leader by several industry analysts including Gartner® and Forrester®. Qumu Corp (NASDAQ:QUMU) net profit margin is -11.60% and weekly performance is -9.15%. On last trading day company shares ended up $12.90. Analysts mean target price for the company is $18.00. Qumu Corp (NASDAQ:QUMU) distance from 50-day simple moving average is -8.14%.
On June 11, 2014 BB.O.S. Better Online Solutions Ltd. (“BOS”) (Nasdaq:BOSC), announced that its RFID and Mobile division received an initial order in the amount of $165,000 from Migdalor, an Israeli logistic center for frozen storage. BOS’ solution will provide Migdalor with several ways for tracking inventory in various processes through RFID equipment. BOS Better OnLine Sol (USA) (NASDAQ:BOSC) shares fell -6.51% in last trading session and ended the day on $3.81. BOSC Gross Margin is 19.90% and its return on assets is 0.50%. BOS Better OnLine Sol (USA) (NASDAQ:BOSC) quarterly performance is -40.19%.
Glowpoint, Inc. (NYSE MKT:GLOW), a leading provider of video collaboration services and network solutions, announced that the Company was added to the Russell Microcap® Index effective at the close of the market on June 27, 2014, when Russell Investments reconstituted its comprehensive set of U.S. and global equity indexes. Glowpoint, Inc. (NYSEMKT:GLOW) shares moved down -5.12% in last trading session and was closed at $1.44, while trading in range of $1.44-$1.52. Glowpoint, Inc. (NYSEMKT:GLOW) year to date performance is 4.50%.
On May 13, 2014 Technical Communications Corporation (nasdaqcm:TCCO) announced its results for the three and six months ended March 29, 2014. For the second quarter of the Company’s 2014 fiscal year, the Company reported a net loss of ($1,467,000), or ($0.80) per share, on revenue of $1,293,000, compared to a net loss of ($328,000), or ($0.18) per share, on revenue of $546,000 for the quarter ended March 30, 2013. Technical Communications Corporation (NASDAQ:TCCO) ended the last trading day at $4.19. Company weekly volatility is calculated as 4.31% and price to cash ratio as 1.32. Technical Communications Corporation (NASDAQ:TCCO) showed a negative weekly performance of -9.21%.