By Steve Moore | Wednesday 24 February 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having last month announced that an undertaken restructuring of its Environmental Water division “is expected to continue to improve gross margins and reduce expenses in the business going forward”, HaloSource, Inc. (HAL) has now announced an agreement to sell this business. This has been announced together with an ‘update on trading’ (AKA a revenue warning), hmmm…
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