Revenues increased 28% year-over-year to EUR 13.4 million for the first six months
104% growth in its HIFU business outside of USA for the first six months
Solid financial profile with cash position of $17.5 million
Strong backlog of orders in both HIFU and ESWL entering Third Quarter
LYON, France, Aug.
By Philip van Doorn, MarketWatch
It was easy to give American International Group up for dead when Robert Benmosche took over as the beleaguered insurer's CEO in August 2009, but under his leadership, AIG made an epic turnaround and took care of U.S. taxpayers.
Sign-up for 2014/8/28 - SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Galectin Therapeutics Inc. and Its Board of Directors and a Lead Plaintiff Deadline of September 29, 2014 -- GALT investment picks
Newman Ferrara LLP is investigating potential claims against the Board
of Directors of Cobra Electronics Corporation (“Cobra”) (Nasdaq:COBR)
concerning the proposed sale of Cobra to private equity firm Monomoy
Capital Partners (“Monomoy”).
Under the terms of the proposed transaction, Monomoy will commence a
tender offer within ten business days to acquire all outstanding shares
of Cobra common stock for only $4.30 per share.
Robert Benmosche is stepping down as chief executive officer of American International Group (AIG) after five years at the helm and told Bloomberg TV in an interview Thursday that he speeded up his decision after learning that a cancer prognosis gave him less than a year to live.
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