Petersen personally profited from his misstatements by selling shares of OCZ stock and receiving a bonus during the period when OCZ's public filings contained inflated financial results. Knapp instituted or maintained policies that caused …
The report caused a scare among Mead Johnson investors, spurring a 4% decline in its stock Tuesday. Shares were up 4.3% to $78.50 in premarket trading. OCZ Technology Group’s fiscal first-quarter loss narrowed on prior-year acquisition …
Under the terms of the agreement, OCZ will acquire Indilinx for approximately $32 million of OCZ common stock. Indilinx shareholders will own approximately 9.5% of the OCZ shares outstanding after issuance of the shares. The transaction …
Oct. 26, 2010 (GLOBE NEWSWIRE) -- OCZ Technology Group, Inc. (Nasdaq:OCZ), a leading provider of high …
He downgraded the stock to “sector perform” from “outperform.” OCZ Technology’s quarterly revenue was $113.6 million. Piper Jaffray and Needham cut their price targets, citing working capital constraints, increasing competition and low …
OCZ's stock was selling for 16 cents on Dec. 3. The San Jose, Calif.-based company had received $13.1 million in debt funding three months ago. Its main products are its 2.5-inch Agility flash drives and the VeloDrive PCI-Express Solid …
Less than two years after acquiring Indilinx for $32 million in stock, OCZ is ready to introduce its first SSD based on controller technology developed in-house. Can its new Barefoot 3 propel the 256 GB Vector we're testing into a …
Among the companies with shares expected to actively trade in Friday’s shortened session are KIT digital Inc. (KITD), Research In Motion Ltd. (RIMM) and OCZ Technology Group ... suggests buying RIM stock ahead of the launch, when …
OCZ acquired the Solid Data assets for a total consideration of approximately $950,000, consisting of restricted …
OCZ shares tumbled as much as 80 percent on Wednesday after trading of the stock resumed on the Nasdaq. The stock had fallen 69 percent so far this year through Tuesday’s close. OCZ, which has a market capitalization of $43 million, …