Biometrics industry stocks this week

Naysayers about the direction of stock markets continue to get it wrong. Share indexes have started 2018 with a bang. This week the Dow Jones Industrial Average moved past the 25000 point mark for the first time in history. The Nasdaq market set its own record, closing above 7,000 on Tuesday. It would be folly to expect the Nasdaq to go on to chalk up another 37-percent annual advance in 2018 as it did in 2017. Prudently, many fund managers

Biometrics industry stocks: 2017, the year that was

What a weird era we inhabit. The Internet of Everything, learning-based software and artificial intelligence are coming together to create a radical transformation in the global economy. Digital networking technologies developed in the ‘90s have matured and become much more sophisticated. A new generation of sensors and processors are being built right into the physical infrastructure of the global economy, allowing an amazing new level of automation. Some have taken to calling this shift the Fourth Industrial Revolution. And that’s

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. Apple has indicated that it expects sales of its iPhone X to be strong this holiday season. That strong demand for the face-based biometric smartphone has resulted in an early Christmas for a company called

Gemalto considering Atos 4.3 billion euros bid

French IT service group Atos has made an unsolicited offer to acquire Gemalto for 4.3 billion euros ($5.06 billion), or 46 euros a share, dividend included. Atos claims to have secured the backing of the France’s state-owned investment bank Bpifrance, which holds an 8.3 per cent stake in Gemalto, for the deal. Gemalto’s board said on Tuesday that the company has until Friday to review the unsolicited all-cash bid. “The company subsequently informed Atos that it would carefully review the

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. Swedish biometrics firm Fingerprint Cards AB recently issued a notice addressing market rumors. Some market participants had, apparently, been speculating about the possibility the company was preparing for a possible takeover bid. The company had

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. Yet another major data breach has come to light. The latest announcement comes from governance-challenged, ride-hailing service Uber, which admitted it lost massive amounts of use data in a hack that occurred months ago. The

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite set new record highs this week. The advances have, as usual, been propelled by tech stocks. Investors continue to bet that companies like

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. Market prognosticators are talking this week about a new “tone” in stock markets. Last week an early rally gave way to a sharp sell-off mid-morning. The market weakness continued through the next five trading sessions.

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. This week we have added some companies to our biometrics industry stocks coverage. Both names have one thing in common–they’re reporting strong quarterly results. Calgary, Alberta, Canada-based company, NovaTeqni Corporation is focused on biometrics as

Novateqni CEO accepts shares in lieu of loan repayment

NovaTeqni Corporation has reached an agreement with the company’s CEO and largest shareholder, Gerhard Mynhardt, regarding a $380,302 loan advanced to the biometrics and secure payment technologies firm. Myhardt has agreed to accept 2,535,347 common shares in the capital of NovaTeqni at a deemed value of $0.15 per share in lieu of the repayment of the above-noted loan. Assuming the closing of the shares for debt settlement, Mynhardt would own 45.9 percent of NovaTeqni’s outstanding common shares. The closing of