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IPG Photonics Corporation (IPGP) Soars Over 13% On Solid Q2 Results, Q3 Outlook: Hedge Funds Wary

2015-07-28 23:05:37| Electronics - Topix.net

Because of better-than-expected results for its second quarter in addition to its third quarter guidance, shares of IPG Photonics Corporation are up by more than 13% in afternoon trading. The lasers company reported earnings of $61.3 million or an adjusted earnings per share of $1.15, up by 27% and 25%, respectively, from the same quarter last year.

Tags: results corporation solid funds

 

Man accused of using $476K in employer's funds for strippers

2015-07-28 16:40:16| IT Services - Topix.net

An Arizona man is accused in a federal indictment of defrauding this St. Louis-area employer by using a company credit card to charge nearly a half million dollars, much of it to lavish upon online exotic dancers. Authorities say Berrett was an Internet technology architect for Maryland Heights-based World Wide Technology Inc. when he falsified invoices totaling $476,000 for various payments and gifts to strippers on a website.

Tags: man funds employers accused

 
 

Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited

2015-07-27 21:39:21| Industrial Machines - Topix.net

Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.

Tags: that funds bought corp

 

Magnetek Inc (MAG) Bought By Columbus McKinnon Corp. (CMCO) And The Hedge Funds That Profited

2015-07-27 21:01:28| Electronics - Topix.net

Shares of Magnetek Inc are up by over 53% in trading today as the producer of power supply systems for the material handling industry was bought by one of the leading producers of material handling products, McKinnon Corp. . Shares of McKinnon meanwhile are up slightly after briefly vaulting by nearly 10% earlier in the day.

Tags: that funds bought corp

 

Designer sale raises funds for ovarian cancer research

2015-07-26 02:35:23| Apparel - Topix.net

Dubbed by organizers as the Rolls-Royce of garage sales, Saturday's event - in a field in Water Mill, New York - featured items by more than 100 designers. Donna Karan, Ralph Lauren and Diane von Furstenberg, among others, donated clothes, shoes and accessories to benefit the Ovarian Cancer Research Fund.

Tags: research sale funds cancer

 

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