News

ROGERS, CTRogers Corp. guided for second-quarter net sales of $95 million to $97 million, down from its May 2 guidance of $102 million to $106 million. The drop is primarily a result of lower demand for custom electrical components and printed circuit materials, the company said.
Read more ...
ANAHEIM, CA — The largest shareholder in flex circuit maker Multi-Fineline Electronix has turned down an offer by a rival to purchase the company.
 
WBL Corp. Ltd., M-Flex's biggest stockholder, voted not to accept shares in MFS Technology as part of an offer MFS made for M-Flex.
 
WBL shareholder approval was a pre-condition of the deal.
 
An M-Flex special committee had withdrawn its recommendation for the offer last August.
 

Page 3171 of 4588