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Ladies and gentlemen, thank you for standing by. Welcome to the RADA Electronic Industries Third Quarter 2017 Results Conference Call. All participants are present in listen-only mode. Following management’s formal presentation, instructions will be given for the question-and-answer session. As a reminder, this conference is being recorded. (6-1)
The financial thriller developing at “internet of things” firm Telit Communications took another twist today after it issued another profit warning and admitted that concerns have been raised about its new chief executive’s share trading just months after its old boss left on the emergence of a historic fraud case. (54-0)
Bank of England governor Mark Carney could have to write a letter to the Chancellor this morning to explain why the Monetary Policy Committee has allowed inflation to stray so far from its 2pc target rate. (2-0)
Ladbrokes Coral’s update is considered largely academic to investors as bricks-and-mortar bookies await their fate in the Government’s review into the gambling sector. A 12-week consultation, which began last month, will decide how low the maximum stake in FOBTs will be with a £2 verdict from its current £100 limit considered disastrous for the likes of Ladbrokes and William Hill. (5-0)
Burberry’s strategy shift-induced freefall on the FTSE 100 came to a sudden halt after revered Belgian activist investor Alfred Frère seized the opportunity to snap up the fashion house’s shares on the cheap following its two-day plunge. (54-0)
Nov 3 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. (3-0)
Top Technology ten, CSCO, STX, IBM, ASX, AMSWA, QCOM, LYTS, PCTI, TIVO, & XPRI, by analyst estimated net gains, averaged 29.8%, calculated 10/13/17. (53-0)
Rising tensions in Kurdish Iraq drove down shares in exposed Genel Energy and Gulf Keystone Petroleum as the prospect of a supply squeeze in the oil-rich region pushed Brent crude above $58 per barrel. (2-0)
Telit's end-to-end IoT solutions are enabling real-time sensor data from robotic lawnmowers that offers valuable insight into green-space environmental conditions and park maintenance (2-0)
- BlueMod+SR delivers competitive advantage of first to market for 270 Vision's BPMpro Mark 2 wearable sensor for remote patient monitoring - Class 1 Medical device streams post-surgery range-of-motion data, accelerating patient rehabilitation and cutting post-operative costs (2-0)
LONDON, Oct. 3, 2017 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced it is collaborating with Wind River®, an Intel® company, to accelerate Industrial IoT (IIoT) adoption. Through this relationship, Telit and Wind River are reducing the complexities of IoT device management, helping companies quickly and securely realize the full solution benefits of IIoT. (2-0)
- Single SKU, worldwide solution simplfies logistics, inventory management, and global deployment for OEMs - Telit's new LN94x M.2 mobile data card family supports LTE Cat 6, 9, and 11 to immediately address broad mobile computing OEM market needs (2-0)
Aug 15 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Oozi Cats, who was the head of tech firm Telit Communications, resigned after being linked to US fugitive Uzi Katz.
The chief executive of Telit Communications has resigned from the ‘internet of things’ company over his alleged links to a 25-year-old fraud in Boston.