Matthews International Corporation (NASDAQ:MATW) (“Matthews or the “Company”) announced that the Company has signed a definitive agreement to acquire Schawk, Inc. (NYSE:SGK). SGK is a leading global brand development, activation and brand deployment company. SGK reported sales of $443 million for 2013 and has approximately 3,600 employees in over 20 countries. Schawk, Inc. (NYSE:SGK) shares after opening at $20.16 moved to $20.16 on last trade day and at the end of the day closed at $20.06. Company price to sales ratio in past twelve months was calculated as 1.18 and price to cash ratio as 103.58.Schawk, Inc. (NYSE:SGK) showed a positive weekly performance of 36.18%.
Systemax Inc. (NYSE:SYX) announced that it will release financial results for the fourth quarter and full year ended December 31, 2013 on Tuesday, March 4, 2014 after U.S. market hours.The Company will host a teleconference at 5:00 p.m. Eastern Time on that day to discuss the quarterly results. To access the teleconference, please dial 970-315-0463 and use conference ID number 33156849, ten minutes prior to the start time. Systemax Inc. (NYSE:SYX) shares advanced 2.96% in last trading session and ended the day on $14.60. SYX return on equity ratio is recorded as -10.40% and its return on assets is -4.90%.Systemax Inc. (NYSE:SYX) yearly performance is 49.13%.
Measurement Specialties (NASDAQ:MEAS) CTO Mitchell L. Thompson sold 3,667 shares of Measurement Specialties stock on the open market in a transaction dated Tuesday, March 18th. The shares were sold at an average price of $64.49, for a total value of $236,484.83. Following the transaction, the chief technology officer now directly owns 4,710 shares in the company, valued at approximately $303,748.Measurement Specialties, Inc. (NASDAQ:MEAS) shares moved up 1.34% in last trading session and was closed at $67.54, while trading in range of $66.60-$67.93. Measurement Specialties, Inc. (NASDAQ:MEAS) year to date performance is 11.29%.
Qumu Corp (NASDAQ:QUMU), announced on 10 Mar, 2014 that its rights agreement has been amended to accelerate the expiration date to March 21, 2014, effectively terminating the agreement as of that date. Shareholders are not required to take any action as a result of this expiration. Qumu Corp (NASDAQ:QUMU) weekly performance is 3.09%. On last trading day company shares ended up $18.00. Qumu Corp (NASDAQ:QUMU) distance from 50-day simple moving average is 17.21%. Analysts mean target price for the company is $20.00.