(ACAT, HDY, PAR) CRWENewswire Stocks In Action


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  • karmastock2  status
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    Views: (753)   Date: (28-12-11)   Time: (00:01:19)
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    Good Morning, It’s Wednesday Dec. 28, 2011, I’m Christina Collins with CRWENewswire Stocks In Action. Arctic Cat Inc - ACAT - reported Cash Buyback of 6.1 Million Class B Shares from Suzuki Motor Corp. Arctic Cat expects to end its fiscal 2012 with more than $60 million in cash and no debt, following Suzuki share purchase. Hyperdynamics Corp - HDY - announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. and lastly; According to a definitive agreement, ORBCOMM will acquire PAR Logistics Management Systems, a subsidiary of PAR Technology Corp - PAR -, for approximately $6 million at closing, comprised of cash and common stock, plus the potential of up to $4 million in additional consideration based on achieving specific sales targets. Thank you for joining me and have a great day! For CRWE Newswire, Stocks In Action, I’m Christina Collins

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